ISBRE WATER AS

5730 ULVIK

Finances

Share Ownership

Return on Equity

−87,35 %

Current Ratio

0,33

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 942 000	9 879 000	6 774 000	11 610 000
Net Income	−4 673 000	−10 957 000	−9 843 000	197 000
Total Assets	18 572 000	24 847 000	36 440 000	40 409 000
Total Equity	5 350 000	10 024 000	20 980 000	30 824 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 942 000	9 879 000	6 774 000	11 610 000
Expenditure	10 434 000	18 923 000	15 206 000	11 489 000
Operating Profit	−3 766 000	−9 544 000	−8 218 000	659 000
Financial Income	240 000	85 000	29 000	89 000
Financial Costs	1 148 000	1 497 000	1 654 000	551 000
Financial Balance	−908 000	−1 412 000	−1 625 000	−462 000
Earnings Before Tax	−4 673 000	−10 957 000	−9 843 000	197 000
Tax	0	0	0	0
Net Income	−4 673 000	−10 957 000	−9 843 000	197 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	14 307 000	15 772 000	24 053 000	26 431 000
Total Current Assets	4 265 000	9 075 000	12 387 000	13 978 000
Total Assets	18 572 000	24 847 000	36 440 000	40 409 000
Total Retained Equity	−24 984 000	−20 311 000	−9 354 000	197 000
Total Equity	5 350 000	10 024 000	20 980 000	30 824 000
Total Long-Term Debt	254 000	9 531 000	9 777 000	1 868 000
Total Current Debt	12 967 000	5 293 000	5 684 000	7 718 000
Total Equity and Debt	18 572 000	24 847 000	36 440 000	40 409 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 835 000	9 765 000	8 464 000	9 503 000
Other Income	107 000	114 000	−1 689 000	2 108 000
Revenue	6 942 000	9 879 000	6 774 000	11 610 000
Cost of Goods Sold	4 769 000	4 258 000	6 116 000	3 467 000
Salary Costs	1 529 000	1 158 000	1 774 000	1 909 000
Depreciation	1 465 000	1 463 000	1 438 000	1 566 000
Impairment	0	7 357 000	1 000 000	0
Expenditure	10 434 000	18 923 000	15 206 000	11 489 000
Operating Profit	−3 766 000	−9 544 000	−8 218 000	659 000
Financial Income	240 000	85 000	29 000	89 000
Financial Costs	1 148 000	1 497 000	1 654 000	551 000
Financial Balance	−908 000	−1 412 000	−1 625 000	−462 000
Dividends	0	0	0	0
Net Income	−4 673 000	−10 957 000	−9 843 000	197 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	234 000	237 000	239 000	242 000
Real Eastate	10 172 000	10 500 000	17 095 000	16 678 000
Machinery and Plant Facilities	2 717 000	3 420 000	4 623 000	6 326 000
Fixtures	1 158 000	1 590 000	1 662 000	1 775 000
Total Tangible Assets	14 048 000	15 510 000	23 380 000	24 779 000
Total Fiancial Fixed Assets	25 000	25 000	435 000	1 410 000
Total Fixed Assets	14 307 000	15 772 000	24 053 000	26 431 000
Stock	1 972 000	2 245 000	2 745 000	2 531 000
Total Investments	0	0	0	0
Cash, Bank	1 047 000	482 000	2 522 000	755 000
Total Current Assets	4 265 000	9 075 000	12 387 000	13 978 000
Total Assets	18 572 000	24 847 000	36 440 000	40 409 000
Total Equity	5 350 000	10 024 000	20 980 000	30 824 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	254 000	9 531 000	9 777 000	1 868 000
Creditors	514 000	1 223 000	928 000	1 586 000
Unpaid Taxes	77 000	43 000	62 000	110 000
Dividends	0	0	0	0
Other Current Debt	5 566 000	4 028 000	4 693 000	5 509 000
Total Current Debt	12 967 000	5 293 000	5 684 000	7 718 000
Total Equity and Debt	18 572 000	24 847 000	36 440 000	40 409 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−87,35 %	−109,31 %	−46,92 %	0,64 %
Debt-to-Equity Ratio	0,05	0,95	0,47	0,06
Operating Profit Margin	−54,25 %	−96,61 %	−121,32 %	5,68 %
Current Ratio	0,33	1,71	2,18	1,81
Quick Ratio	0,39	2,98	4,21	2,69
Equity Ratio	0,29	0,4	0,58	0,76
Gross Profit Margin	31,3 %	56,9 %	9,71 %	70,14 %