7WAVES AS

1553 SON

Finances

Share Ownership

Return on Equity

78,05 %

Current Ratio

1,22

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 318 000	55 961 000	33 108 000	50 078 000
Net Income	3 336 000	7 616 000	2 088 000	7 438 000
Total Assets	28 354 000	38 239 000	22 558 000	32 766 000
Total Equity	4 274 000	8 938 000	3 322 000	7 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 318 000	55 961 000	33 108 000	50 078 000
Expenditure	50 043 000	46 069 000	30 283 000	40 425 000
Operating Profit	4 274 000	9 893 000	2 826 000	9 653 000
Financial Income	243 000	49 000	60 000	33 000
Financial Costs	299 000	206 000	206 000	137 000
Financial Balance	−56 000	−157 000	−146 000	−104 000
Earnings Before Tax	4 218 000	9 736 000	2 680 000	9 549 000
Tax	883 000	2 119 000	592 000	2 111 000
Net Income	3 336 000	7 616 000	2 088 000	7 438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 436 000	9 686 000	7 929 000	8 016 000
Total Current Assets	18 918 000	28 553 000	14 629 000	24 750 000
Total Assets	28 354 000	38 239 000	22 558 000	32 766 000
Total Retained Equity	4 154 000	8 818 000	3 202 000	7 114 000
Total Equity	4 274 000	8 938 000	3 322 000	7 234 000
Total Long-Term Debt	8 636 000	4 312 000	4 367 000	4 602 000
Total Current Debt	15 444 000	24 989 000	14 869 000	20 930 000
Total Equity and Debt	28 354 000	38 239 000	22 558 000	32 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 259 000	55 913 000	33 088 000	50 058 000
Other Income	59 000	48 000	20 000	20 000
Revenue	54 318 000	55 961 000	33 108 000	50 078 000
Cost of Goods Sold	8 513 000	6 362 000	3 109 000	8 073 000
Salary Costs	31 752 000	28 380 000	21 494 000	25 292 000
Depreciation	355 000	226 000	174 000	180 000
Impairment	0	0	0	0
Expenditure	50 043 000	46 069 000	30 283 000	40 425 000
Operating Profit	4 274 000	9 893 000	2 826 000	9 653 000
Financial Income	243 000	49 000	60 000	33 000
Financial Costs	299 000	206 000	206 000	137 000
Financial Balance	−56 000	−157 000	−146 000	−104 000
Dividends	0	0	0	6 000 000
Net Income	3 336 000	7 616 000	2 088 000	7 438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 348 000	1 793 000	1 114 000	1 112 000
Real Eastate	7 684 000	7 380 000	6 254 000	6 254 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	394 000	504 000	560 000	625 000
Total Tangible Assets	8 078 000	7 883 000	6 813 000	6 879 000
Total Fiancial Fixed Assets	10 000	10 000	1 000	26 000
Total Fixed Assets	9 436 000	9 686 000	7 929 000	8 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 278 000	18 776 000	5 011 000	10 359 000
Total Current Assets	18 918 000	28 553 000	14 629 000	24 750 000
Total Assets	28 354 000	38 239 000	22 558 000	32 766 000
Total Equity	4 274 000	8 938 000	3 322 000	7 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 636 000	4 312 000	4 367 000	4 602 000
Creditors	1 194 000	1 980 000	1 765 000	1 844 000
Unpaid Taxes	4 811 000	7 587 000	3 661 000	3 904 000
Dividends	0	0	0	6 000 000
Other Current Debt	9 273 000	12 800 000	8 848 000	7 069 000
Total Current Debt	15 444 000	24 989 000	14 869 000	20 930 000
Total Equity and Debt	28 354 000	38 239 000	22 558 000	32 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,05 %	85,21 %	62,85 %	102,82 %
Debt-to-Equity Ratio	2,02	0,48	1,31	0,64
Operating Profit Margin	7,87 %	17,68 %	8,54 %	19,28 %
Current Ratio	1,22	1,14	0,98	1,18
Quick Ratio	1,22	1,14	0,98	1,18
Equity Ratio	0,15	0,23	0,15	0,22
Gross Profit Margin	84,33 %	88,63 %	90,61 %	83,88 %