ONWATER AS

7550 HOMMELVIK

Finances

Return on Equity

36,64 %

Current Ratio

0,24

Debt-to-Equity Ratio

−1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 120 000	685 000	315 000	54 000
Net Income	−96 000	−53 000	−31 000	−104 000
Total Assets	498 000	341 000	324 000	380 000
Total Equity	−262 000	−166 000	−112 000	−81 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 120 000	685 000	315 000	54 000
Expenditure	1 138 000	762 000	318 000	152 000
Operating Profit	−18 000	−78 000	−4 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	25 000	29 000	28 000	7 000
Financial Balance	−25 000	−29 000	−28 000	−6 000
Earnings Before Tax	−43 000	−107 000	−31 000	−104 000
Tax	53 000	−53 000	0	0
Net Income	−96 000	−53 000	−31 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	395 000	263 000	263 000	338 000
Total Current Assets	103 000	78 000	61 000	43 000
Total Assets	498 000	341 000	324 000	380 000
Total Retained Equity	−285 000	−189 000	−135 000	−104 000
Total Equity	−262 000	−166 000	−112 000	−81 000
Total Long-Term Debt	337 000	312 000	424 000	410 000
Total Current Debt	423 000	195 000	12 000	52 000
Total Equity and Debt	498 000	341 000	324 000	380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 120 000	218 000	315 000	54 000
Other Income	0	468 000	0	0
Revenue	1 120 000	685 000	315 000	54 000
Cost of Goods Sold	0	49 000	49 000	21 000
Salary Costs	59 000	9 000	0	0
Depreciation	96 000	67 000	75 000	37 000
Impairment	0	0	0	0
Expenditure	1 138 000	762 000	318 000	152 000
Operating Profit	−18 000	−78 000	−4 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	25 000	29 000	28 000	7 000
Financial Balance	−25 000	−29 000	−28 000	−6 000
Dividends	0	0	0	0
Net Income	−96 000	−53 000	−31 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	53 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	215 000	75 000	68 000	90 000
Fixtures	150 000	133 000	195 000	248 000
Total Tangible Assets	365 000	208 000	263 000	338 000
Total Fiancial Fixed Assets	30 000	1 000	0	0
Total Fixed Assets	395 000	263 000	263 000	338 000
Stock	0	0	5 000	0
Total Investments	0	30 000	0	0
Cash, Bank	24 000	24 000	44 000	24 000
Total Current Assets	103 000	78 000	61 000	43 000
Total Assets	498 000	341 000	324 000	380 000
Total Equity	−262 000	−166 000	−112 000	−81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	337 000	312 000	424 000	410 000
Creditors	225 000	78 000	6 000	43 000
Unpaid Taxes	9 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	189 000	117 000	6 000	9 000
Total Current Debt	423 000	195 000	12 000	52 000
Total Equity and Debt	498 000	341 000	324 000	380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,64 %	31,93 %	27,68 %	128,4 %
Debt-to-Equity Ratio	−1,29	−1,88	−3,79	−5,06
Operating Profit Margin	−1,61 %	−11,39 %	−1,27 %	−181,48 %
Current Ratio	0,24	0,4	5,08	0,83
Quick Ratio	0,24	0,4	8,71	0,83
Equity Ratio	−0,53	−0,49	−0,35	−0,21
Gross Profit Margin	100 %	92,85 %	84,44 %	61,11 %