WATER TECHNIQUE AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

−240,49 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	487 000	1 407 000	1 005 000	1 091 000
Net Income	−594 000	72 000	−128 000	28 000
Total Assets	749 000	1 557 000	1 354 000	1 229 000
Total Equity	247 000	841 000	769 000	897 000

Income (NOK)	2022	2021	2020	2019
Revenue	487 000	1 407 000	1 005 000	1 091 000
Expenditure	1 248 000	1 315 000	1 170 000	1 058 000
Operating Profit	−761 000	93 000	−164 000	33 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	2 000
Earnings Before Tax	−761 000	93 000	−164 000	36 000
Tax	−167 000	21 000	−36 000	8 000
Net Income	−594 000	72 000	−128 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	489 000	471 000	20 000
Total Current Assets	404 000	1 068 000	883 000	1 209 000
Total Assets	749 000	1 557 000	1 354 000	1 229 000
Total Retained Equity	217 000	811 000	739 000	867 000
Total Equity	247 000	841 000	769 000	897 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	502 000	714 000	585 000	332 000
Total Equity and Debt	749 000	1 557 000	1 354 000	1 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	537 000	1 407 000	1 005 000	1 091 000
Other Income	−50 000	0	0	0
Revenue	487 000	1 407 000	1 005 000	1 091 000
Cost of Goods Sold	47 000	21 000	73 000	30 000
Salary Costs	786 000	770 000	653 000	618 000
Depreciation	52 000	38 000	24 000	3 000
Impairment	0	0	0	0
Expenditure	1 248 000	1 315 000	1 170 000	1 058 000
Operating Profit	−761 000	93 000	−164 000	33 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	2 000
Dividends	0	0	0	0
Net Income	−594 000	72 000	−128 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	166 000	0	17 000	3 000
Real Eastate	0	342 000	342 000	0
Machinery and Plant Facilities	146 000	68 000	90 000	17 000
Fixtures	33 000	78 000	21 000	0
Total Tangible Assets	179 000	489 000	454 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	345 000	489 000	471 000	20 000
Stock	105 000	98 000	100 000	46 000
Total Investments	0	0	0	0
Cash, Bank	222 000	734 000	745 000	1 159 000
Total Current Assets	404 000	1 068 000	883 000	1 209 000
Total Assets	749 000	1 557 000	1 354 000	1 229 000
Total Equity	247 000	841 000	769 000	897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	91 000	38 000	83 000	9 000
Unpaid Taxes	133 000	65 000	50 000	103 000
Dividends	0	0	0	0
Other Current Debt	278 000	610 000	452 000	213 000
Total Current Debt	502 000	714 000	585 000	332 000
Total Equity and Debt	749 000	1 557 000	1 354 000	1 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−240,49 %	8,56 %	−16,64 %	3,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−156,26 %	6,61 %	−16,32 %	3,02 %
Current Ratio	0,8	1,5	1,51	3,64
Quick Ratio	1,02	1,73	1,82	4,23
Equity Ratio	0,33	0,54	0,57	0,73
Gross Profit Margin	90,35 %	98,51 %	92,74 %	97,25 %