FORSAND WATER OF NORWAY AS

4110 FORSAND

Finances

Share Ownership

Return on Equity

5,64 %

Current Ratio

0,02

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	87 000	78 000
Net Income	−59 000	−84 000	−64 000	−329 000
Total Assets	483 000	542 000	600 000	342 000
Total Equity	−1 047 000	−988 000	−690 000	−626 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	87 000	78 000
Expenditure	59 000	59 000	353 000	407 000
Operating Profit	−59 000	−59 000	−265 000	−329 000
Financial Income	0	0	0	0
Financial Costs	0	25 000	0	0
Financial Balance	0	−25 000	0	0
Earnings Before Tax	−59 000	−84 000	−265 000	−329 000
Tax	0	0	−201 000	0
Net Income	−59 000	−84 000	−64 000	−329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	537 000	596 000	338 000
Total Current Assets	5 000	5 000	5 000	3 000
Total Assets	483 000	542 000	600 000	342 000
Total Retained Equity	−1 077 000	−1 018 000	−720 000	−656 000
Total Equity	−1 047 000	−988 000	−690 000	−626 000
Total Long-Term Debt	1 222 000	1 222 000	1 222 000	497 000
Total Current Debt	308 000	308 000	68 000	471 000
Total Equity and Debt	483 000	542 000	600 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	87 000	0
Other Income	0	0	0	78 000
Revenue	0	0	87 000	78 000
Cost of Goods Sold	0	0	85 000	170 000
Salary Costs	0	0	0	10 000
Depreciation	59 000	59 000	0	41 000
Impairment	0	0	0	0
Expenditure	59 000	59 000	353 000	407 000
Operating Profit	−59 000	−59 000	−265 000	−329 000
Financial Income	0	0	0	0
Financial Costs	0	25 000	0	0
Financial Balance	0	−25 000	0	0
Dividends	0	0	0	0
Net Income	−59 000	−84 000	−64 000	−329 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	201 000	201 000	201 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	176 000	234 000	169 000	0
Fixtures	0	0	124 000	268 000
Total Tangible Assets	176 000	234 000	293 000	268 000
Total Fiancial Fixed Assets	102 000	102 000	102 000	70 000
Total Fixed Assets	478 000	537 000	596 000	338 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	5 000	5 000	5 000	3 000
Total Assets	483 000	542 000	600 000	342 000
Total Equity	−1 047 000	−988 000	−690 000	−626 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 222 000	1 222 000	1 222 000	497 000
Creditors	126 000	126 000	−126 000	268 000
Unpaid Taxes	0	0	25 000	0
Dividends	0	0	0	0
Other Current Debt	182 000	182 000	168 000	203 000
Total Current Debt	308 000	308 000	68 000	471 000
Total Equity and Debt	483 000	542 000	600 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,64 %	8,5 %	9,28 %	52,56 %
Debt-to-Equity Ratio	−1,17	−1,24	−1,77	−0,79
Operating Profit Margin	-	-	−304,6 %	−421,79 %
Current Ratio	0,02	0,02	0,07	0,01
Quick Ratio	0,02	0,02	0,07	0,01
Equity Ratio	−2,17	−1,82	−1,15	−1,83
Gross Profit Margin	-	-	2,3 %	−117,95 %