HVALER BÅTSERVICE AS

1684 VESTERØY

Finances

Return on Equity

81,72 %

Current Ratio

11,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 090 000	4 122 000	3 407 000	675 000
Net Income	7 157 000	3 337 000	27 000	−977 000
Total Assets	9 378 000	6 563 000	3 385 000	2 696 000
Total Equity	8 758 000	5 202 000	1 865 000	1 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 090 000	4 122 000	3 407 000	675 000
Expenditure	1 993 000	3 671 000	3 349 000	369 000
Operating Profit	−902 000	452 000	59 000	307 000
Financial Income	7 880 000	3 002 000	2 000	−1 193 000
Financial Costs	10 000	21 000	25 000	28 000
Financial Balance	7 870 000	2 981 000	−23 000	−1 221 000
Earnings Before Tax	6 969 000	3 432 000	35 000	−914 000
Tax	−188 000	95 000	8 000	63 000
Net Income	7 157 000	3 337 000	27 000	−977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 446 000	2 250 000	2 250 000	2 250 000
Total Current Assets	6 932 000	4 313 000	1 135 000	446 000
Total Assets	9 378 000	6 563 000	3 385 000	2 696 000
Total Retained Equity	8 585 000	5 167 000	1 830 000	1 803 000
Total Equity	8 758 000	5 202 000	1 865 000	1 837 000
Total Long-Term Debt	0	376 000	407 000	533 000
Total Current Debt	620 000	985 000	1 113 000	326 000
Total Equity and Debt	9 378 000	6 563 000	3 385 000	2 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 090 000	4 122 000	3 407 000	675 000
Other Income	0	0	0	0
Revenue	1 090 000	4 122 000	3 407 000	675 000
Cost of Goods Sold	77 000	137 000	59 000	51 000
Salary Costs	1 175 000	3 203 000	3 106 000	232 000
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 993 000	3 671 000	3 349 000	369 000
Operating Profit	−902 000	452 000	59 000	307 000
Financial Income	7 880 000	3 002 000	2 000	−1 193 000
Financial Costs	10 000	21 000	25 000	28 000
Financial Balance	7 870 000	2 981 000	−23 000	−1 221 000
Dividends	0	0	0	0
Net Income	7 157 000	3 337 000	27 000	−977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	188 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000 000	0	0	0
Total Tangible Assets	1 000 000	0	0	0
Total Fiancial Fixed Assets	1 258 000	2 250 000	2 250 000	2 250 000
Total Fixed Assets	2 446 000	2 250 000	2 250 000	2 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 738 000	605 000	447 000	367 000
Total Current Assets	6 932 000	4 313 000	1 135 000	446 000
Total Assets	9 378 000	6 563 000	3 385 000	2 696 000
Total Equity	8 758 000	5 202 000	1 865 000	1 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	376 000	407 000	533 000
Creditors	266 000	66 000	70 000	0
Unpaid Taxes	0	237 000	224 000	31 000
Dividends	0	0	0	0
Other Current Debt	354 000	587 000	812 000	295 000
Total Current Debt	620 000	985 000	1 113 000	326 000
Total Equity and Debt	9 378 000	6 563 000	3 385 000	2 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,72 %	64,15 %	1,45 %	−53,18 %
Debt-to-Equity Ratio	0	0,07	0,22	0,29
Operating Profit Margin	−82,75 %	10,97 %	1,73 %	45,48 %
Current Ratio	11,18	4,38	1,02	1,37
Quick Ratio	11,18	4,38	1,02	1,37
Equity Ratio	0,93	0,79	0,55	0,68
Gross Profit Margin	92,94 %	96,68 %	98,27 %	92,44 %