AKVASAFE AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

3,49 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 584 000	28 955 000	20 913 000	19 233 000
Net Income	417 000	1 818 000	2 144 000	878 000
Total Assets	24 591 000	23 765 000	16 116 000	13 888 000
Total Equity	11 932 000	9 015 000	7 197 000	5 053 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 584 000	28 955 000	20 913 000	19 233 000
Expenditure	26 622 000	26 298 000	17 887 000	17 836 000
Operating Profit	961 000	2 658 000	3 025 000	1 397 000
Financial Income	75 000	9 000	16 000	12 000
Financial Costs	492 000	332 000	291 000	279 000
Financial Balance	−417 000	−323 000	−275 000	−267 000
Earnings Before Tax	544 000	2 335 000	2 751 000	1 130 000
Tax	127 000	517 000	607 000	253 000
Net Income	417 000	1 818 000	2 144 000	878 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 160 000	17 240 000	12 844 000	11 218 000
Total Current Assets	14 431 000	6 525 000	3 272 000	2 670 000
Total Assets	24 591 000	23 765 000	16 116 000	13 888 000
Total Retained Equity	1 902 000	8 985 000	7 167 000	5 023 000
Total Equity	11 932 000	9 015 000	7 197 000	5 053 000
Total Long-Term Debt	4 778 000	6 471 000	2 487 000	859 000
Total Current Debt	7 882 000	8 279 000	6 433 000	7 977 000
Total Equity and Debt	24 591 000	23 765 000	16 116 000	13 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 400 000	26 924 000	20 365 000	18 904 000
Other Income	1 184 000	2 031 000	549 000	329 000
Revenue	27 584 000	28 955 000	20 913 000	19 233 000
Cost of Goods Sold	1 095 000	1 343 000	1 086 000	1 636 000
Salary Costs	13 792 000	14 487 000	10 154 000	10 459 000
Depreciation	3 957 000	2 411 000	1 265 000	598 000
Impairment	0	0	0	0
Expenditure	26 622 000	26 298 000	17 887 000	17 836 000
Operating Profit	961 000	2 658 000	3 025 000	1 397 000
Financial Income	75 000	9 000	16 000	12 000
Financial Costs	492 000	332 000	291 000	279 000
Financial Balance	−417 000	−323 000	−275 000	−267 000
Dividends	7 500 000	0	0	600 000
Net Income	417 000	1 818 000	2 144 000	878 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 676 000	2 242 000	2 300 000	2 053 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 397 000	7 381 000	2 935 000	1 234 000
Total Tangible Assets	5 397 000	7 381 000	2 935 000	1 234 000
Total Fiancial Fixed Assets	87 000	7 617 000	7 608 000	7 931 000
Total Fixed Assets	10 160 000	17 240 000	12 844 000	11 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 255 000	624 000	524 000	416 000
Total Current Assets	14 431 000	6 525 000	3 272 000	2 670 000
Total Assets	24 591 000	23 765 000	16 116 000	13 888 000
Total Equity	11 932 000	9 015 000	7 197 000	5 053 000
Short-Term Group Debt	0	0	330 000	0
Total Long-Term Debt	4 778 000	6 471 000	2 487 000	859 000
Creditors	819 000	1 111 000	729 000	374 000
Unpaid Taxes	2 160 000	2 381 000	1 519 000	1 314 000
Dividends	7 500 000	0	0	600 000
Other Current Debt	1 696 000	2 918 000	2 197 000	2 913 000
Total Current Debt	7 882 000	8 279 000	6 433 000	7 977 000
Total Equity and Debt	24 591 000	23 765 000	16 116 000	13 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,49 %	20,17 %	29,79 %	17,38 %
Debt-to-Equity Ratio	0,4	0,72	0,35	0,17
Operating Profit Margin	3,48 %	9,18 %	14,46 %	7,26 %
Current Ratio	1,83	0,79	0,51	0,33
Quick Ratio	1,83	0,79	0,51	0,33
Equity Ratio	0,49	0,38	0,45	0,36
Gross Profit Margin	96,03 %	95,36 %	94,81 %	91,49 %