M VEST WATER AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

−53,03 %

Current Ratio

4,64

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 818 000	436 000	4 022 000	1 150 000
Net Income	−28 903 000	−27 176 000	−391 000	−18 000
Total Assets	67 221 000	97 801 000	16 789 000	7 511 000
Total Equity	54 502 000	83 477 000	761 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 818 000	436 000	4 022 000	1 150 000
Expenditure	30 814 000	26 825 000	4 349 000	1 101 000
Operating Profit	−28 617 000	−26 457 000	−214 000	10 000
Financial Income	328 000	123 000	56 000	1 000
Financial Costs	615 000	842 000	233 000	30 000
Financial Balance	−287 000	−719 000	−177 000	−29 000
Earnings Before Tax	−28 903 000	−27 176 000	−391 000	−18 000
Tax	0	0	0	0
Net Income	−28 903 000	−27 176 000	−391 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 164 000	15 790 000	8 785 000	4 913 000
Total Current Assets	38 057 000	82 011 000	8 004 000	2 598 000
Total Assets	67 221 000	97 801 000	16 789 000	7 511 000
Total Retained Equity	0	0	0	0
Total Equity	54 502 000	83 477 000	761 000	152 000
Total Long-Term Debt	4 520 000	3 039 000	11 333 000	5 652 000
Total Current Debt	8 200 000	11 285 000	4 694 000	1 707 000
Total Equity and Debt	67 221 000	97 801 000	16 789 000	7 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 818 000	436 000	4 022 000	1 150 000
Other Income	0	0	0	0
Revenue	1 818 000	436 000	4 022 000	1 150 000
Cost of Goods Sold	755 000	489 000	3 030 000	367 000
Salary Costs	14 424 000	17 349 000	627 000	388 000
Depreciation	1 897 000	186 000	37 000	24 000
Impairment	0	0	0	0
Expenditure	30 814 000	26 825 000	4 349 000	1 101 000
Operating Profit	−28 617 000	−26 457 000	−214 000	10 000
Financial Income	328 000	123 000	56 000	1 000
Financial Costs	615 000	842 000	233 000	30 000
Financial Balance	−287 000	−719 000	−177 000	−29 000
Dividends	0	0	0	0
Net Income	−28 903 000	−27 176 000	−391 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 442 000	8 387 000	6 449 000	4 208 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	6 396 000	5 563 000	2 335 000	705 000
Fixtures	9 326 000	1 840 000	0	0
Total Tangible Assets	15 722 000	7 403 000	2 335 000	705 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 164 000	15 790 000	8 785 000	4 913 000
Stock	1 251 000	532 000	210 000	97 000
Total Investments	0	0	0	0
Cash, Bank	34 823 000	80 369 000	3 821 000	1 450 000
Total Current Assets	38 057 000	82 011 000	8 004 000	2 598 000
Total Assets	67 221 000	97 801 000	16 789 000	7 511 000
Total Equity	54 502 000	83 477 000	761 000	152 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 520 000	3 039 000	11 333 000	5 652 000
Creditors	2 217 000	3 153 000	283 000	224 000
Unpaid Taxes	1 093 000	4 396 000	176 000	128 000
Dividends	0	0	0	0
Other Current Debt	3 601 000	2 351 000	4 235 000	1 355 000
Total Current Debt	8 200 000	11 285 000	4 694 000	1 707 000
Total Equity and Debt	67 221 000	97 801 000	16 789 000	7 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,03 %	−32,56 %	−51,38 %	−11,84 %
Debt-to-Equity Ratio	0,08	0,04	14,89	37,18
Operating Profit Margin	−1 574,09 %	−6 068,12 %	−5,32 %	0,87 %
Current Ratio	4,64	7,27	1,71	1,52
Quick Ratio	5,48	7,63	1,79	1,61
Equity Ratio	0,81	0,85	0,05	0,02
Gross Profit Margin	58,47 %	−12,16 %	24,66 %	68,09 %