WATERCIRCLES FORSIKRING ASA

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−28,77 %

Current Ratio

1,51

Debt-to-Equity Ratio

2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	286 726 000	281 769 000	246 330 000	246 659 000
Net Income	−67 646 000	131 839 000	−68 083 000	−32 387 000
Total Assets	1 167 065 000	1 070 787 000	793 839 000	529 524 000
Total Equity	235 092 000	302 738 000	170 899 000	181 926 000

Income (NOK)	2022	2021	2020	2019
Revenue	286 726 000	281 769 000	246 330 000	246 659 000
Expenditure	0	0	0	0
Operating Profit	−76 766 000	−48 645 000	−65 187 000	−33 071 000
Financial Income	6 997 000	181 152 000	1 011 000	1 358 000
Financial Costs	0	0	0	144 000
Financial Balance	6 997 000	181 152 000	1 011 000	1 214 000
Earnings Before Tax	−68 855 000	129 500 000	−67 459 000	−32 352 000
Tax	0	0	0	0
Net Income	−67 646 000	131 839 000	−68 083 000	−32 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 579 000	641 180 000	142 118 000	48 559 000
Total Current Assets	478 388 000	422 277 000	495 025 000	303 200 000
Total Assets	1 167 065 000	1 070 787 000	793 839 000	529 524 000
Total Retained Equity	−132 049 000	−64 403 000	−196 242 000	−128 159 000
Total Equity	235 092 000	302 738 000	170 899 000	181 926 000
Total Long-Term Debt	616 012 000	499 190 000	440 012 000	234 537 000
Total Current Debt	315 960 000	268 859 000	182 928 000	113 061 000
Total Equity and Debt	1 167 065 000	1 070 787 000	793 839 000	529 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	285 726 000	279 477 000	234 325 000	208 271 000
Other Income	1 000 000	2 292 000	12 005 000	38 388 000
Revenue	286 726 000	281 769 000	246 330 000	246 659 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	−76 766 000	−48 645 000	−65 187 000	−33 071 000
Financial Income	6 997 000	181 152 000	1 011 000	1 358 000
Financial Costs	0	0	0	144 000
Financial Balance	6 997 000	181 152 000	1 011 000	1 214 000
Dividends	0	0	0	0
Net Income	−67 646 000	131 839 000	−68 083 000	−32 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	103 068 000	105 208 000
Total Intangible Assets	10 096 000	7 330 000	156 695 000	177 764 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	249 000	147 000	1 178 000	418 000
Total Tangible Assets	249 000	147 000	1 178 000	418 000
Total Fiancial Fixed Assets	678 330 000	641 033 000	140 940 000	48 141 000
Total Fixed Assets	678 579 000	641 180 000	142 118 000	48 559 000
Stock	0	0	0	0
Total Investments	11 418 000	11 418 000	163 217 000	131 296 000
Cash, Bank	0	0	0	0
Total Current Assets	478 388 000	422 277 000	495 025 000	303 200 000
Total Assets	1 167 065 000	1 070 787 000	793 839 000	529 524 000
Total Equity	235 092 000	302 738 000	170 899 000	181 926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	616 012 000	499 190 000	440 012 000	234 537 000
Creditors	22 029 000	40 051 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	293 931 000	228 807 000	182 928 000	113 061 000
Total Current Debt	315 960 000	268 859 000	182 928 000	113 061 000
Total Equity and Debt	1 167 065 000	1 070 787 000	793 839 000	529 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,77 %	43,55 %	−39,84 %	−17,8 %
Debt-to-Equity Ratio	2,62	1,65	2,57	1,29
Operating Profit Margin	−26,77 %	−17,26 %	−26,46 %	−13,41 %
Current Ratio	1,51	1,57	2,71	2,68
Quick Ratio	1,51	1,57	2,71	2,68
Equity Ratio	0,2	0,28	0,22	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %