WATERSTONE AS

6160 HOVDEBYGDA

Finances

Return on Equity

−9,78 %

Current Ratio

3,87

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	329 000	451 000	55 000
Net Income	−1 249 000	−212 000	−320 000	−350 000
Total Assets	18 000 000	16 739 000	17 668 000	16 653 000
Total Equity	12 772 000	14 281 000	15 118 000	15 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	329 000	451 000	55 000
Expenditure	1 351 000	833 000	917 000	604 000
Operating Profit	−798 000	−503 000	−466 000	−549 000
Financial Income	123 000	347 000	210 000	249 000
Financial Costs	574 000	55 000	63 000	49 000
Financial Balance	−451 000	292 000	147 000	200 000
Earnings Before Tax	−1 249 000	−212 000	−320 000	−350 000
Tax	0	0	0	0
Net Income	−1 249 000	−212 000	−320 000	−350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 197 000	13 530 000	12 679 000	10 869 000
Total Current Assets	1 803 000	3 209 000	4 990 000	5 783 000
Total Assets	18 000 000	16 739 000	17 668 000	16 653 000
Total Retained Equity	12 742 000	14 251 000	15 088 000	15 408 000
Total Equity	12 772 000	14 281 000	15 118 000	15 438 000
Total Long-Term Debt	4 762 000	1 907 000	2 051 000	920 000
Total Current Debt	466 000	551 000	500 000	295 000
Total Equity and Debt	18 000 000	16 739 000	17 668 000	16 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	536 000	500 000	451 000	55 000
Other Income	16 000	−171 000	0	0
Revenue	552 000	329 000	451 000	55 000
Cost of Goods Sold	183 000	111 000	140 000	0
Salary Costs	0	0	0	0
Depreciation	255 000	221 000	230 000	230 000
Impairment	0	0	0	0
Expenditure	1 351 000	833 000	917 000	604 000
Operating Profit	−798 000	−503 000	−466 000	−549 000
Financial Income	123 000	347 000	210 000	249 000
Financial Costs	574 000	55 000	63 000	49 000
Financial Balance	−451 000	292 000	147 000	200 000
Dividends	0	625 000	0	0
Net Income	−1 249 000	−212 000	−320 000	−350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 932 000	2 786 000	1 526 000	1 556 000
Machinery and Plant Facilities	227 000	290 000	0	0
Fixtures	200 000	84 000	1 471 000	110 000
Total Tangible Assets	4 075 000	4 023 000	4 006 000	2 823 000
Total Fiancial Fixed Assets	12 122 000	9 507 000	8 672 000	8 047 000
Total Fixed Assets	16 197 000	13 530 000	12 679 000	10 869 000
Stock	0	0	0	0
Total Investments	0	1 136 000	1 067 000	1 032 000
Cash, Bank	1 085 000	1 523 000	2 824 000	4 367 000
Total Current Assets	1 803 000	3 209 000	4 990 000	5 783 000
Total Assets	18 000 000	16 739 000	17 668 000	16 653 000
Total Equity	12 772 000	14 281 000	15 118 000	15 438 000
Short-Term Group Debt	0	19 000	19 000	14 000
Total Long-Term Debt	4 762 000	1 907 000	2 051 000	920 000
Creditors	384 000	461 000	303 000	271 000
Unpaid Taxes	0	57 000	0	0
Dividends	0	625 000	0	0
Other Current Debt	82 000	15 000	178 000	10 000
Total Current Debt	466 000	551 000	500 000	295 000
Total Equity and Debt	18 000 000	16 739 000	17 668 000	16 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,78 %	−1,48 %	−2,12 %	−2,27 %
Debt-to-Equity Ratio	0,37	0,13	0,14	0,06
Operating Profit Margin	−144,57 %	−152,89 %	−103,33 %	−998,18 %
Current Ratio	3,87	5,82	9,98	19,6
Quick Ratio	3,87	5,82	9,98	19,6
Equity Ratio	0,71	0,85	0,86	0,93
Gross Profit Margin	66,85 %	66,26 %	68,96 %	100 %