HYDROWATT AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

293,4 %

Current Ratio

0,09

Debt-to-Equity Ratio

−3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	314 000	1 924 000	0	100 000
Net Income	−1 244 000	92 000	−412 000	−80 000
Total Assets	2 582 000	152 000	22 000	8 000
Total Equity	−424 000	−339 000	−431 000	−19 000

Income (NOK)	2022	2021	2020	2019
Revenue	314 000	1 924 000	0	100 000
Expenditure	1 409 000	1 815 000	415 000	190 000
Operating Profit	−1 095 000	108 000	−415 000	−90 000
Financial Income	0	0	2 000	0
Financial Costs	150 000	16 000	0	0
Financial Balance	−150 000	−16 000	2 000	0
Earnings Before Tax	−1 244 000	92 000	−412 000	−90 000
Tax	0	0	0	−9 000
Net Income	−1 244 000	92 000	−412 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 436 000	0	0	0
Total Current Assets	146 000	152 000	22 000	8 000
Total Assets	2 582 000	152 000	22 000	8 000
Total Retained Equity	−1 598 000	−363 000	−456 000	−43 000
Total Equity	−424 000	−339 000	−431 000	−19 000
Total Long-Term Debt	1 375 000	195 000	453 000	0
Total Current Debt	1 631 000	296 000	0	27 000
Total Equity and Debt	2 582 000	152 000	22 000	8 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	314 000	106 000	0	0
Other Income	0	1 818 000	0	100 000
Revenue	314 000	1 924 000	0	100 000
Cost of Goods Sold	932 000	1 253 000	333 000	150 000
Salary Costs	0	0	0	0
Depreciation	217 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 409 000	1 815 000	415 000	190 000
Operating Profit	−1 095 000	108 000	−415 000	−90 000
Financial Income	0	0	2 000	0
Financial Costs	150 000	16 000	0	0
Financial Balance	−150 000	−16 000	2 000	0
Dividends	0	0	0	0
Net Income	−1 244 000	92 000	−412 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 953 000	0	0	0
Total Fiancial Fixed Assets	483 000	0	0	0
Total Fixed Assets	2 436 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	2 000	22 000	8 000
Total Current Assets	146 000	152 000	22 000	8 000
Total Assets	2 582 000	152 000	22 000	8 000
Total Equity	−424 000	−339 000	−431 000	−19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 375 000	195 000	453 000	0
Creditors	1 548 000	116 000	0	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	83 000	180 000	0	10 000
Total Current Debt	1 631 000	296 000	0	27 000
Total Equity and Debt	2 582 000	152 000	22 000	8 000

Financial indicators	2022	2021	2020	2019
Return on Equity	293,4 %	−27,14 %	95,59 %	421,05 %
Debt-to-Equity Ratio	−3,24	−0,58	−1,05	−0
Operating Profit Margin	−348,73 %	5,61 %	-	−90 %
Current Ratio	0,09	0,51	-	0,3
Quick Ratio	0,09	0,51	-	0,3
Equity Ratio	−0,16	−2,23	−19,59	−2,38
Gross Profit Margin	−196,82 %	34,88 %	-	−50 %