ECO WATER AS

1543 VESTBY

Finances

Return on Equity

−185,91 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 326 000	4 705 000	4 503 000	4 022 000
Net Income	−409 000	−145 000	11 000	−169 000
Total Assets	2 415 000	3 155 000	3 163 000	3 269 000
Total Equity	220 000	630 000	775 000	764 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 326 000	4 705 000	4 503 000	4 022 000
Expenditure	5 672 000	4 816 000	4 474 000	4 172 000
Operating Profit	−345 000	−111 000	29 000	−149 000
Financial Income	10 000	82 000	71 000	5 000
Financial Costs	74 000	85 000	83 000	71 000
Financial Balance	−64 000	−3 000	−12 000	−66 000
Earnings Before Tax	−409 000	−114 000	17 000	−215 000
Tax	0	31 000	6 000	−46 000
Net Income	−409 000	−145 000	11 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	284 000	428 000	581 000
Total Current Assets	2 297 000	2 871 000	2 735 000	2 688 000
Total Assets	2 415 000	3 155 000	3 163 000	3 269 000
Total Retained Equity	48 000	458 000	603 000	592 000
Total Equity	220 000	630 000	775 000	764 000
Total Long-Term Debt	348 000	424 000	624 000	821 000
Total Current Debt	1 847 000	2 102 000	1 763 000	1 683 000
Total Equity and Debt	2 415 000	3 155 000	3 163 000	3 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 326 000	4 705 000	4 503 000	4 022 000
Other Income	0	0	0	0
Revenue	5 326 000	4 705 000	4 503 000	4 022 000
Cost of Goods Sold	3 082 000	2 353 000	2 446 000	1 965 000
Salary Costs	1 610 000	1 451 000	1 066 000	1 177 000
Depreciation	167 000	164 000	173 000	172 000
Impairment	0	0	0	0
Expenditure	5 672 000	4 816 000	4 474 000	4 172 000
Operating Profit	−345 000	−111 000	29 000	−149 000
Financial Income	10 000	82 000	71 000	5 000
Financial Costs	74 000	85 000	83 000	71 000
Financial Balance	−64 000	−3 000	−12 000	−66 000
Dividends	0	0	0	0
Net Income	−409 000	−145 000	11 000	−169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	284 000	397 000	544 000
Total Tangible Assets	118 000	284 000	397 000	544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	118 000	284 000	428 000	581 000
Stock	1 553 000	2 049 000	2 012 000	1 906 000
Total Investments	0	0	0	0
Cash, Bank	48 000	228 000	44 000	112 000
Total Current Assets	2 297 000	2 871 000	2 735 000	2 688 000
Total Assets	2 415 000	3 155 000	3 163 000	3 269 000
Total Equity	220 000	630 000	775 000	764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	348 000	424 000	624 000	821 000
Creditors	928 000	1 206 000	900 000	1 177 000
Unpaid Taxes	538 000	638 000	698 000	331 000
Dividends	0	0	0	0
Other Current Debt	381 000	259 000	165 000	175 000
Total Current Debt	1 847 000	2 102 000	1 763 000	1 683 000
Total Equity and Debt	2 415 000	3 155 000	3 163 000	3 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,91 %	−23,02 %	1,42 %	−22,12 %
Debt-to-Equity Ratio	1,58	0,67	0,81	1,07
Operating Profit Margin	−6,48 %	−2,36 %	0,64 %	−3,7 %
Current Ratio	1,24	1,37	1,55	1,6
Quick Ratio	7,81	54,17	−10,98	−12,05
Equity Ratio	0,09	0,2	0,25	0,23
Gross Profit Margin	42,13 %	49,99 %	45,68 %	51,14 %