ENHANCED WELL TECHNOLOGIES AS

5353 STRAUME

Finances

Return on Equity

41,18 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 556 000	294 145 000	265 970 000	0
Net Income	200 041 000	−37 137 000	−125 402 000	−15 586 000
Total Assets	1 008 965 000	752 304 000	807 317 000	681 345 000
Total Equity	485 824 000	296 529 000	332 633 000	338 508 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 556 000	294 145 000	265 970 000	0
Expenditure	400 589 000	317 688 000	368 507 000	16 076 000
Operating Profit	74 967 000	−23 543 000	−102 537 000	−16 076 000
Financial Income	29 152 000	15 157 000	11 370 000	7 012 000
Financial Costs	38 589 000	34 883 000	42 552 000	6 522 000
Financial Balance	−9 437 000	−19 726 000	−31 182 000	490 000
Earnings Before Tax	65 530 000	−43 269 000	−133 719 000	−15 586 000
Tax	−134 511 000	−6 132 000	−8 317 000	0
Net Income	200 041 000	−37 137 000	−125 402 000	−15 586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	855 140 000	631 303 000	656 374 000	677 176 000
Total Current Assets	153 825 000	121 001 000	150 943 000	4 169 000
Total Assets	1 008 965 000	752 304 000	807 317 000	681 345 000
Total Retained Equity	−6 277 000	−195 572 000	−159 468 000	−15 586 000
Total Equity	485 824 000	296 529 000	332 633 000	338 508 000
Total Long-Term Debt	298 508 000	296 250 000	350 585 000	227 715 000
Total Current Debt	224 631 000	159 524 000	124 100 000	115 123 000
Total Equity and Debt	1 008 963 000	752 303 000	807 318 000	681 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	457 257 000	277 193 000	245 345 000	0
Other Income	18 299 000	16 952 000	20 625 000	0
Revenue	475 556 000	294 145 000	265 970 000	0
Cost of Goods Sold	84 319 000	43 581 000	63 191 000	0
Salary Costs	151 260 000	126 680 000	125 897 000	0
Depreciation	120 427 000	115 017 000	130 440 000	0
Impairment	0	0	0	0
Expenditure	400 589 000	317 688 000	368 507 000	16 076 000
Operating Profit	74 967 000	−23 543 000	−102 537 000	−16 076 000
Financial Income	29 152 000	15 157 000	11 370 000	7 012 000
Financial Costs	38 589 000	34 883 000	42 552 000	6 522 000
Financial Balance	−9 437 000	−19 726 000	−31 182 000	490 000
Dividends	0	0	0	0
Net Income	200 041 000	−37 137 000	−125 402 000	−15 586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	29 400 000	29 400 000	29 400 000	0
Total Intangible Assets	196 529 000	75 894 000	86 390 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	658 546 000	555 344 000	569 919 000	0
Fixtures	0	0	0	0
Total Tangible Assets	658 546 000	555 344 000	569 919 000	0
Total Fiancial Fixed Assets	65 000	65 000	65 000	677 176 000
Total Fixed Assets	855 140 000	631 303 000	656 374 000	677 176 000
Stock	42 763 000	23 981 000	24 864 000	0
Total Investments	38 000	611 000	0	0
Cash, Bank	2 371 000	7 714 000	46 483 000	1 969 000
Total Current Assets	153 825 000	121 001 000	150 943 000	4 169 000
Total Assets	1 008 965 000	752 304 000	807 317 000	681 345 000
Total Equity	485 824 000	296 529 000	332 633 000	338 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	298 508 000	296 250 000	350 585 000	227 715 000
Creditors	91 107 000	30 961 000	27 019 000	6 821 000
Unpaid Taxes	0	7 099 000	7 532 000	0
Dividends	0	0	0	0
Other Current Debt	58 272 000	91 509 000	19 159 000	108 302 000
Total Current Debt	224 631 000	159 524 000	124 100 000	115 123 000
Total Equity and Debt	1 008 963 000	752 303 000	807 318 000	681 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,18 %	−12,52 %	−37,7 %	−4,6 %
Debt-to-Equity Ratio	0,61	1	1,05	0,67
Operating Profit Margin	15,76 %	−8 %	−38,55 %	-
Current Ratio	0,68	0,76	1,22	0,04
Quick Ratio	0,85	0,89	1,52	0,04
Equity Ratio	0,48	0,39	0,41	0,5
Gross Profit Margin	82,27 %	85,18 %	76,24 %	-