BOATLABS AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

60,78 %

Current Ratio

2,74

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 275 000	12 855 000	14 937 000	12 108 000
Net Income	2 199 000	999 000	1 585 000	−1 986 000
Total Assets	10 592 000	4 799 000	4 887 000	4 888 000
Total Equity	3 618 000	1 419 000	1 402 000	−183 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 275 000	12 855 000	14 937 000	12 108 000
Expenditure	15 316 000	11 662 000	11 064 000	13 787 000
Operating Profit	2 959 000	1 194 000	3 875 000	−1 679 000
Financial Income	56 000	14 000	18 000	10 000
Financial Costs	322 000	209 000	1 912 000	317 000
Financial Balance	−266 000	−195 000	−1 894 000	−307 000
Earnings Before Tax	2 693 000	999 000	1 980 000	−1 986 000
Tax	495 000	0	395 000	0
Net Income	2 199 000	999 000	1 585 000	−1 986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 451 000	193 000	456 000	629 000
Total Current Assets	9 141 000	4 606 000	4 431 000	4 260 000
Total Assets	10 592 000	4 799 000	4 887 000	4 888 000
Total Retained Equity	3 318 000	1 119 000	1 102 000	−483 000
Total Equity	3 618 000	1 419 000	1 402 000	−183 000
Total Long-Term Debt	3 640 000	1 000 000	1 700 000	2 188 000
Total Current Debt	3 334 000	2 380 000	1 786 000	2 884 000
Total Equity and Debt	10 592 000	4 799 000	4 887 000	4 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 275 000	12 734 000	14 683 000	12 108 000
Other Income	0	121 000	254 000	0
Revenue	18 275 000	12 855 000	14 937 000	12 108 000
Cost of Goods Sold	2 011 000	34 000	1 353 000	43 000
Salary Costs	8 404 000	7 764 000	7 377 000	7 382 000
Depreciation	161 000	69 000	59 000	95 000
Impairment	0	0	0	0
Expenditure	15 316 000	11 662 000	11 064 000	13 787 000
Operating Profit	2 959 000	1 194 000	3 875 000	−1 679 000
Financial Income	56 000	14 000	18 000	10 000
Financial Costs	322 000	209 000	1 912 000	317 000
Financial Balance	−266 000	−195 000	−1 894 000	−307 000
Dividends	0	0	0	0
Net Income	2 199 000	999 000	1 585 000	−1 986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 238 000	0	3 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	213 000	193 000	162 000	127 000
Total Tangible Assets	213 000	193 000	162 000	127 000
Total Fiancial Fixed Assets	0	0	292 000	492 000
Total Fixed Assets	1 451 000	193 000	456 000	629 000
Stock	0	0	0	0
Total Investments	169 000	0	0	0
Cash, Bank	2 733 000	288 000	263 000	1 000
Total Current Assets	9 141 000	4 606 000	4 431 000	4 260 000
Total Assets	10 592 000	4 799 000	4 887 000	4 888 000
Total Equity	3 618 000	1 419 000	1 402 000	−183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 640 000	1 000 000	1 700 000	2 188 000
Creditors	542 000	334 000	340 000	132 000
Unpaid Taxes	485 000	517 000	546 000	990 000
Dividends	0	0	0	0
Other Current Debt	1 795 000	1 476 000	518 000	658 000
Total Current Debt	3 334 000	2 380 000	1 786 000	2 884 000
Total Equity and Debt	10 592 000	4 799 000	4 887 000	4 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,78 %	70,4 %	113,05 %	1 085,25 %
Debt-to-Equity Ratio	1,01	0,7	1,21	−11,96
Operating Profit Margin	16,19 %	9,29 %	25,94 %	−13,87 %
Current Ratio	2,74	1,94	2,48	1,48
Quick Ratio	2,74	1,94	2,48	1,48
Equity Ratio	0,34	0,3	0,29	−0,04
Gross Profit Margin	89 %	99,74 %	90,94 %	99,64 %