WATERFEED AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

16,67 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	219 000	106 000	32 000	120 000
Net Income	12 000	5 000	16 000	27 000
Total Assets	145 000	153 000	72 000	48 000
Total Equity	72 000	59 000	55 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	219 000	106 000	32 000	120 000
Expenditure	204 000	101 000	12 000	89 000
Operating Profit	16 000	6 000	20 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	16 000	6 000	20 000	31 000
Tax	3 000	1 000	4 000	3 000
Net Income	12 000	5 000	16 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	145 000	153 000	72 000	48 000
Total Assets	145 000	153 000	72 000	48 000
Total Retained Equity	48 000	35 000	30 000	15 000
Total Equity	72 000	59 000	55 000	39 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	73 000	93 000	17 000	8 000
Total Equity and Debt	145 000	153 000	72 000	48 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	219 000	106 000	32 000	120 000
Other Income	0	0	0	0
Revenue	219 000	106 000	32 000	120 000
Cost of Goods Sold	189 000	90 000	0	80 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	204 000	101 000	12 000	89 000
Operating Profit	16 000	6 000	20 000	31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	12 000	5 000	16 000	27 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	51 000	32 000	48 000
Total Current Assets	145 000	153 000	72 000	48 000
Total Assets	145 000	153 000	72 000	48 000
Total Equity	72 000	59 000	55 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	83 000	0	0
Unpaid Taxes	17 000	4 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	53 000	5 000	5 000	5 000
Total Current Debt	73 000	93 000	17 000	8 000
Total Equity and Debt	145 000	153 000	72 000	48 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,67 %	8,47 %	29,09 %	69,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,31 %	5,66 %	62,5 %	25,83 %
Current Ratio	1,99	1,65	4,24	6
Quick Ratio	1,99	1,65	4,24	6
Equity Ratio	0,5	0,39	0,76	0,81
Gross Profit Margin	13,7 %	15,09 %	100 %	33,33 %