WATERGATE AS

6507 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

16,38 %

Current Ratio

1,58

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	420 000	420 000	420 000	300 000
Net Income	133 000	173 000	167 000	67 000
Total Assets	2 380 000	2 414 000	2 524 000	2 545 000
Total Equity	812 000	683 000	510 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	420 000	420 000	420 000	300 000
Expenditure	198 000	141 000	132 000	132 000
Operating Profit	222 000	279 000	288 000	168 000
Financial Income	0	0	0	0
Financial Costs	45 000	42 000	68 000	80 000
Financial Balance	−45 000	−42 000	−68 000	−80 000
Earnings Before Tax	177 000	237 000	220 000	87 000
Tax	44 000	64 000	53 000	20 000
Net Income	133 000	173 000	167 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 190 000	2 297 000	2 404 000	2 511 000
Total Current Assets	190 000	117 000	120 000	34 000
Total Assets	2 380 000	2 414 000	2 524 000	2 545 000
Total Retained Equity	761 000	632 000	459 000	292 000
Total Equity	812 000	683 000	510 000	343 000
Total Long-Term Debt	1 448 000	1 667 000	1 885 000	2 103 000
Total Current Debt	120 000	64 000	128 000	98 000
Total Equity and Debt	2 380 000	2 414 000	2 524 000	2 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	420 000	420 000	420 000	0
Other Income	0	0	0	300 000
Revenue	420 000	420 000	420 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	107 000	107 000	107 000	107 000
Impairment	0	0	0	0
Expenditure	198 000	141 000	132 000	132 000
Operating Profit	222 000	279 000	288 000	168 000
Financial Income	0	0	0	0
Financial Costs	45 000	42 000	68 000	80 000
Financial Balance	−45 000	−42 000	−68 000	−80 000
Dividends	0	0	0	0
Net Income	133 000	173 000	167 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 190 000	2 297 000	2 404 000	2 511 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 190 000	2 297 000	2 404 000	2 511 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 190 000	2 297 000	2 404 000	2 511 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	41 000	104 000	18 000
Total Current Assets	190 000	117 000	120 000	34 000
Total Assets	2 380 000	2 414 000	2 524 000	2 545 000
Total Equity	812 000	683 000	510 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 448 000	1 667 000	1 885 000	2 103 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	75 000	0	75 000	75 000
Total Current Debt	120 000	64 000	128 000	98 000
Total Equity and Debt	2 380 000	2 414 000	2 524 000	2 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,38 %	25,33 %	32,75 %	19,53 %
Debt-to-Equity Ratio	1,78	2,44	3,7	6,13
Operating Profit Margin	52,86 %	66,43 %	68,57 %	56 %
Current Ratio	1,58	1,83	0,94	0,35
Quick Ratio	1,58	1,83	0,94	0,35
Equity Ratio	0,34	0,28	0,2	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %