FUTURE WELL CONTROL AS

4612 KRISTIANSAND S

Finances

Return on Equity

47,11 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 720 000	499 000	497 000	400 000
Net Income	269 000	4 000	65 000	−196 000
Total Assets	1 294 000	908 000	827 000	543 000
Total Equity	571 000	779 000	525 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 720 000	499 000	497 000	400 000
Expenditure	1 375 000	496 000	428 000	674 000
Operating Profit	345 000	4 000	69 000	−275 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	344 000	4 000	69 000	−274 000
Tax	76 000	0	3 000	−78 000
Net Income	269 000	4 000	65 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	211 000	211 000	215 000
Total Current Assets	1 159 000	696 000	615 000	328 000
Total Assets	1 294 000	908 000	827 000	543 000
Total Retained Equity	147 000	279 000	275 000	210 000
Total Equity	571 000	779 000	525 000	460 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	723 000	129 000	301 000	83 000
Total Equity and Debt	1 294 000	908 000	827 000	543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 570 000	240 000	0	0
Other Income	150 000	259 000	497 000	400 000
Revenue	1 720 000	499 000	497 000	400 000
Cost of Goods Sold	0	32 000	0	199 000
Salary Costs	1 122 000	281 000	209 000	344 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 375 000	496 000	428 000	674 000
Operating Profit	345 000	4 000	69 000	−275 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	1 000
Dividends	400 000	0	0	0
Net Income	269 000	4 000	65 000	−196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	135 000	211 000	211 000	215 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	135 000	211 000	211 000	215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	953 000	611 000	561 000	154 000
Total Current Assets	1 159 000	696 000	615 000	328 000
Total Assets	1 294 000	908 000	827 000	543 000
Total Equity	571 000	779 000	525 000	460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	2 000	11 000	1 000
Unpaid Taxes	192 000	75 000	−2 000	44 000
Dividends	400 000	0	0	0
Other Current Debt	133 000	51 000	292 000	37 000
Total Current Debt	723 000	129 000	301 000	83 000
Total Equity and Debt	1 294 000	908 000	827 000	543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,11 %	0,51 %	12,38 %	−42,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,06 %	0,8 %	13,88 %	−68,75 %
Current Ratio	1,6	5,4	2,04	3,95
Quick Ratio	1,6	5,4	2,04	3,95
Equity Ratio	0,44	0,86	0,63	0,85
Gross Profit Margin	100 %	93,59 %	100 %	50,25 %