WATER COMPETENCE AS

7670 INDERØY

Finances

Share Ownership

Return on Equity

−307,14 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	97 000	24 000	23 000	20 000
Net Income	43 000	−7 000	1 000	−37 000
Total Assets	114 000	55 000	27 000	25 000
Total Equity	−14 000	−57 000	−50 000	−51 000

Income (NOK)	2022	2021	2020	2019
Revenue	97 000	24 000	23 000	20 000
Expenditure	53 000	31 000	21 000	57 000
Operating Profit	43 000	−7 000	2 000	−37 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	43 000	−7 000	1 000	−37 000
Tax	0	0	0	0
Net Income	43 000	−7 000	1 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	48 000	0	0
Total Current Assets	57 000	8 000	27 000	25 000
Total Assets	114 000	55 000	27 000	25 000
Total Retained Equity	−44 000	−87 000	−80 000	−81 000
Total Equity	−14 000	−57 000	−50 000	−51 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	127 000	112 000	77 000	77 000
Total Equity and Debt	114 000	55 000	27 000	25 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 000	24 000	23 000	20 000
Other Income	0	0	0	0
Revenue	97 000	24 000	23 000	20 000
Cost of Goods Sold	21 000	0	0	45 000
Salary Costs	0	0	0	0
Depreciation	13 000	12 000	0	0
Impairment	0	0	0	0
Expenditure	53 000	31 000	21 000	57 000
Operating Profit	43 000	−7 000	2 000	−37 000
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	43 000	−7 000	1 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 000	48 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	0	0	0
Total Tangible Assets	56 000	48 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	56 000	48 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	8 000	27 000	25 000
Total Current Assets	57 000	8 000	27 000	25 000
Total Assets	114 000	55 000	27 000	25 000
Total Equity	−14 000	−57 000	−50 000	−51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	50 000
Unpaid Taxes	14 000	0	2 000	−11 000
Dividends	0	0	0	0
Other Current Debt	112 000	112 000	74 000	38 000
Total Current Debt	127 000	112 000	77 000	77 000
Total Equity and Debt	114 000	55 000	27 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−307,14 %	12,28 %	−2 %	72,55 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	44,33 %	−29,17 %	8,7 %	−185 %
Current Ratio	0,45	0,07	0,35	0,32
Quick Ratio	0,45	0,07	0,35	0,32
Equity Ratio	−0,12	−1,04	−1,85	−2,04
Gross Profit Margin	78,35 %	100 %	100 %	−125 %