WATER LINKED AS

7041 TRONDHEIM

Finances

Return on Equity

3,46 %

Current Ratio

9,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 332 000	18 584 000	10 007 000	7 358 000
Net Income	2 149 000	−5 808 000	−1 034 000	−416 000
Total Assets	66 144 000	37 065 000	24 163 000	11 656 000
Total Equity	62 031 000	29 883 000	20 677 000	5 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 332 000	18 584 000	10 007 000	7 358 000
Expenditure	35 775 000	25 726 000	11 266 000	7 639 000
Operating Profit	2 557 000	−7 142 000	−1 258 000	−281 000
Financial Income	732 000	158 000	115 000	38 000
Financial Costs	531 000	461 000	322 000	287 000
Financial Balance	201 000	−303 000	−207 000	−249 000
Earnings Before Tax	2 758 000	−7 446 000	−1 465 000	−531 000
Tax	608 000	−1 638 000	−432 000	−115 000
Net Income	2 149 000	−5 808 000	−1 034 000	−416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 854 000	17 504 000	13 572 000	8 586 000
Total Current Assets	40 290 000	19 562 000	10 590 000	3 070 000
Total Assets	66 144 000	37 065 000	24 163 000	11 656 000
Total Retained Equity	−13 557 000	−15 706 000	−9 899 000	−8 865 000
Total Equity	62 031 000	29 883 000	20 677 000	5 030 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 113 000	7 182 000	3 486 000	6 626 000
Total Equity and Debt	66 144 000	37 065 000	24 163 000	11 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 332 000	18 583 000	10 007 000	6 556 000
Other Income	0	1 000	0	803 000
Revenue	38 332 000	18 584 000	10 007 000	7 358 000
Cost of Goods Sold	19 806 000	7 024 000	3 314 000	3 006 000
Salary Costs	3 590 000	6 617 000	2 233 000	1 629 000
Depreciation	3 162 000	3 103 000	2 346 000	1 288 000
Impairment	0	0	0	0
Expenditure	35 775 000	25 726 000	11 266 000	7 639 000
Operating Profit	2 557 000	−7 142 000	−1 258 000	−281 000
Financial Income	732 000	158 000	115 000	38 000
Financial Costs	531 000	461 000	322 000	287 000
Financial Balance	201 000	−303 000	−207 000	−249 000
Dividends	0	0	0	0
Net Income	2 149 000	−5 808 000	−1 034 000	−416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 180 000	17 076 000	13 308 000	8 586 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	662 000	387 000	196 000	0
Total Tangible Assets	673 000	428 000	264 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 854 000	17 504 000	13 572 000	8 586 000
Stock	3 962 000	2 181 000	1 369 000	525 000
Total Investments	0	0	0	0
Cash, Bank	25 219 000	10 669 000	8 089 000	297 000
Total Current Assets	40 290 000	19 562 000	10 590 000	3 070 000
Total Assets	66 144 000	37 065 000	24 163 000	11 656 000
Total Equity	62 031 000	29 883 000	20 677 000	5 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	803 000	2 766 000	1 945 000	1 652 000
Unpaid Taxes	1 355 000	1 094 000	130 000	439 000
Dividends	0	0	0	0
Other Current Debt	1 956 000	3 322 000	1 411 000	1 118 000
Total Current Debt	4 113 000	7 182 000	3 486 000	6 626 000
Total Equity and Debt	66 144 000	37 065 000	24 163 000	11 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,46 %	−19,44 %	−5 %	−8,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,67 %	−38,43 %	−12,57 %	−3,82 %
Current Ratio	9,8	2,72	3,04	0,46
Quick Ratio	266,82	3,91	5	0,5
Equity Ratio	0,94	0,81	0,86	0,43
Gross Profit Margin	48,33 %	62,2 %	66,88 %	59,15 %