ENHANCED WELL TECHNOLOGIES GROUP AS

5353 STRAUME

Finances

Return on Equity

39,6 %

Current Ratio

0,69

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 556 000	294 145 000	265 970 000	142 454 000
Net Income	200 526 000	−37 808 000	−126 076 000	−47 112 000
Total Assets	1 027 482 000	768 131 000	806 609 000	939 585 000
Total Equity	506 399 000	312 356 000	331 924 000	319 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 556 000	294 145 000	265 970 000	142 454 000
Expenditure	400 386 000	318 370 000	369 168 000	187 978 000
Operating Profit	75 170 000	−24 225 000	−103 198 000	−45 524 000
Financial Income	29 434 000	15 198 000	11 370 000	8 599 000
Financial Costs	38 589 000	34 913 000	42 565 000	14 978 000
Financial Balance	−9 155 000	−19 715 000	−31 195 000	−6 379 000
Earnings Before Tax	66 015 000	−43 940 000	−134 393 000	−51 903 000
Tax	0	−6 132 000	−8 317 000	−4 791 000
Net Income	200 526 000	−37 808 000	−126 076 000	−47 112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	873 656 000	645 931 000	656 374 000	762 895 000
Total Current Assets	153 826 000	122 200 000	150 235 000	176 690 000
Total Assets	1 027 482 000	768 131 000	806 609 000	939 585 000
Total Retained Equity	−7 170 000	−196 951 000	−160 177 000	−35 008 000
Total Equity	506 399 000	312 356 000	331 924 000	319 085 000
Total Long-Term Debt	298 508 000	296 250 000	350 585 000	420 446 000
Total Current Debt	222 574 000	159 524 000	124 101 000	200 054 000
Total Equity and Debt	1 027 481 000	768 130 000	806 610 000	939 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	457 257 000	277 193 000	245 345 000	123 337 000
Other Income	18 299 000	16 952 000	20 625 000	19 117 000
Revenue	475 556 000	294 145 000	265 970 000	142 454 000
Cost of Goods Sold	84 319 000	43 581 000	63 191 000	40 378 000
Salary Costs	151 260 000	126 680 000	125 897 000	69 401 000
Depreciation	120 427 000	115 017 000	130 440 000	42 004 000
Impairment	0	0	0	0
Expenditure	400 386 000	318 370 000	369 168 000	187 978 000
Operating Profit	75 170 000	−24 225 000	−103 198 000	−45 524 000
Financial Income	29 434 000	15 198 000	11 370 000	8 599 000
Financial Costs	38 589 000	34 913 000	42 565 000	14 978 000
Financial Balance	−9 155 000	−19 715 000	−31 195 000	−6 379 000
Dividends	0	0	0	0
Net Income	200 526 000	−37 808 000	−126 076 000	−47 112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	29 400 000	29 400 000	29 400 000	41 600 000
Total Intangible Assets	196 529 000	75 895 000	86 390 000	110 481 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	658 546 000	555 344 000	569 919 000	652 349 000
Fixtures	0	0	0	0
Total Tangible Assets	658 546 000	555 344 000	569 919 000	652 349 000
Total Fiancial Fixed Assets	18 581 000	14 692 000	65 000	65 000
Total Fixed Assets	873 656 000	645 931 000	656 374 000	762 895 000
Stock	42 763 000	23 981 000	24 864 000	27 740 000
Total Investments	38 000	611 000	0	0
Cash, Bank	2 372 000	8 861 000	46 536 000	11 898 000
Total Current Assets	153 826 000	122 200 000	150 235 000	176 690 000
Total Assets	1 027 482 000	768 131 000	806 609 000	939 585 000
Total Equity	506 399 000	312 356 000	331 924 000	319 085 000
Short-Term Group Debt	0	0	0	84 477 000
Total Long-Term Debt	298 508 000	296 250 000	350 585 000	420 446 000
Creditors	91 107 000	30 961 000	27 019 000	54 451 000
Unpaid Taxes	8 048 000	7 099 000	7 532 000	9 441 000
Dividends	0	0	0	0
Other Current Debt	48 167 000	91 509 000	19 160 000	0
Total Current Debt	222 574 000	159 524 000	124 101 000	200 054 000
Total Equity and Debt	1 027 481 000	768 130 000	806 610 000	939 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,6 %	−12,1 %	−37,98 %	−14,76 %
Debt-to-Equity Ratio	0,59	0,95	1,06	1,32
Operating Profit Margin	15,81 %	−8,24 %	−38,8 %	−31,96 %
Current Ratio	0,69	0,77	1,21	0,88
Quick Ratio	0,86	0,9	1,51	1,03
Equity Ratio	0,49	0,41	0,41	0,34
Gross Profit Margin	82,27 %	85,18 %	76,24 %	71,66 %