WATTS UP ? AS

7525 FLORNES

Finances

Return on Equity

−4,93 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	167 000	139 000	36 000	184 000
Net Income	−18 000	−89 000	−197 000	−8 000
Total Assets	4 772 000	4 507 000	3 715 000	3 613 000
Total Equity	365 000	383 000	472 000	−831 000

Income (NOK)	2022	2021	2020	2019
Revenue	167 000	139 000	36 000	184 000
Expenditure	162 000	139 000	150 000	147 000
Operating Profit	5 000	−1 000	−114 000	38 000
Financial Income	2 000	2 000	17 000	2 000
Financial Costs	25 000	90 000	100 000	48 000
Financial Balance	−23 000	−88 000	−83 000	−46 000
Earnings Before Tax	−18 000	−89 000	−197 000	−8 000
Tax	0	0	0	0
Net Income	−18 000	−89 000	−197 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 431 000	4 482 000	3 533 000	3 583 000
Total Current Assets	341 000	26 000	182 000	30 000
Total Assets	4 772 000	4 507 000	3 715 000	3 613 000
Total Retained Equity	−1 235 000	−1 217 000	−1 128 000	−931 000
Total Equity	365 000	383 000	472 000	−831 000
Total Long-Term Debt	0	0	2 050 000	1 509 000
Total Current Debt	4 407 000	4 124 000	1 193 000	2 936 000
Total Equity and Debt	4 772 000	4 507 000	3 715 000	3 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	167 000	139 000	36 000	184 000
Other Income	0	0	0	0
Revenue	167 000	139 000	36 000	184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	51 000	51 000	51 000	51 000
Impairment	0	0	0	0
Expenditure	162 000	139 000	150 000	147 000
Operating Profit	5 000	−1 000	−114 000	38 000
Financial Income	2 000	2 000	17 000	2 000
Financial Costs	25 000	90 000	100 000	48 000
Financial Balance	−23 000	−88 000	−83 000	−46 000
Dividends	0	0	0	0
Net Income	−18 000	−89 000	−197 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	566 000	575 000
Machinery and Plant Facilities	1 940 000	1 991 000	1 476 000	1 518 000
Fixtures	0	0	0	0
Total Tangible Assets	1 940 000	1 991 000	2 042 000	2 093 000
Total Fiancial Fixed Assets	2 491 000	2 491 000	1 491 000	1 491 000
Total Fixed Assets	4 431 000	4 482 000	3 533 000	3 583 000
Stock	0	0	0	0
Total Investments	0	0	51 000	0
Cash, Bank	0	0	0	0
Total Current Assets	341 000	26 000	182 000	30 000
Total Assets	4 772 000	4 507 000	3 715 000	3 613 000
Total Equity	365 000	383 000	472 000	−831 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 050 000	1 509 000
Creditors	3 000	13 000	24 000	16 000
Unpaid Taxes	19 000	11 000	0	27 000
Dividends	0	0	0	0
Other Current Debt	4 171 000	3 868 000	1 006 000	2 753 000
Total Current Debt	4 407 000	4 124 000	1 193 000	2 936 000
Total Equity and Debt	4 772 000	4 507 000	3 715 000	3 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,93 %	−23,24 %	−41,74 %	0,96 %
Debt-to-Equity Ratio	0	0	4,34	−1,82
Operating Profit Margin	2,99 %	−0,72 %	−316,67 %	20,65 %
Current Ratio	0,08	0,01	0,15	0,01
Quick Ratio	0,08	0,01	0,15	0,01
Equity Ratio	0,08	0,08	0,13	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %