BREAKWATERS AS

3209 SANDEFJORD

Finances

Share Ownership

Return on Equity

100 %

Current Ratio

0,2

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 369 000	4 601 000	3 513 000	2 663 000
Net Income	645 000	810 000	724 000	537 000
Total Assets	9 771 000	10 828 000	8 915 000	6 194 000
Total Equity	645 000	999 000	3 190 000	2 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 369 000	4 601 000	3 513 000	2 663 000
Expenditure	4 312 000	3 422 000	2 480 000	1 890 000
Operating Profit	1 057 000	1 180 000	1 033 000	773 000
Financial Income	0	46 000	34 000	32 000
Financial Costs	220 000	187 000	139 000	116 000
Financial Balance	−220 000	−141 000	−105 000	−84 000
Earnings Before Tax	837 000	1 038 000	929 000	688 000
Tax	192 000	228 000	204 000	151 000
Net Income	645 000	810 000	724 000	537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 100 000	8 880 000	7 021 000	6 096 000
Total Current Assets	1 672 000	1 949 000	1 894 000	98 000
Total Assets	9 771 000	10 828 000	8 915 000	6 194 000
Total Retained Equity	344 000	699 000	2 889 000	2 164 000
Total Equity	645 000	999 000	3 190 000	2 465 000
Total Long-Term Debt	821 000	4 353 000	4 945 000	1 412 000
Total Current Debt	8 306 000	5 475 000	780 000	2 317 000
Total Equity and Debt	9 771 000	10 828 000	8 915 000	6 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 980 000	4 601 000	3 373 000	2 663 000
Other Income	389 000	0	140 000	0
Revenue	5 369 000	4 601 000	3 513 000	2 663 000
Cost of Goods Sold	0	0	23 000	0
Salary Costs	0	0	0	0
Depreciation	554 000	490 000	443 000	483 000
Impairment	0	0	0	0
Expenditure	4 312 000	3 422 000	2 480 000	1 890 000
Operating Profit	1 057 000	1 180 000	1 033 000	773 000
Financial Income	0	46 000	34 000	32 000
Financial Costs	220 000	187 000	139 000	116 000
Financial Balance	−220 000	−141 000	−105 000	−84 000
Dividends	672 000	3 000 000	0	0
Net Income	645 000	810 000	724 000	537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	6 419 000	5 421 000
Fixtures	421 000	539 000	357 000	430 000
Total Tangible Assets	8 100 000	8 268 000	6 776 000	5 851 000
Total Fiancial Fixed Assets	0	612 000	245 000	245 000
Total Fixed Assets	8 100 000	8 880 000	7 021 000	6 096 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	357 000	628 000	5 000
Total Current Assets	1 672 000	1 949 000	1 894 000	98 000
Total Assets	9 771 000	10 828 000	8 915 000	6 194 000
Total Equity	645 000	999 000	3 190 000	2 465 000
Short-Term Group Debt	7 155 000	0	0	0
Total Long-Term Debt	821 000	4 353 000	4 945 000	1 412 000
Creditors	479 000	2 005 000	939 000	1 660 000
Unpaid Taxes	0	0	−166 000	0
Dividends	672 000	3 000 000	0	0
Other Current Debt	0	3 471 000	1 000	651 000
Total Current Debt	8 306 000	5 475 000	780 000	2 317 000
Total Equity and Debt	9 771 000	10 828 000	8 915 000	6 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100 %	81,08 %	22,7 %	21,78 %
Debt-to-Equity Ratio	1,27	4,36	1,55	0,57
Operating Profit Margin	19,69 %	25,65 %	29,41 %	29,03 %
Current Ratio	0,2	0,36	2,43	0,04
Quick Ratio	0,2	0,36	2,43	0,04
Equity Ratio	0,07	0,09	0,36	0,4
Gross Profit Margin	100 %	100 %	99,35 %	100 %