ACTIVE WATER AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

−46,73 %

Current Ratio

3,26

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 489 000	829 000	0	0
Net Income	−2 117 000	−591 000	−38 000	−24 000
Total Assets	11 369 000	5 291 000	237 000	276 000
Total Equity	4 530 000	−353 000	238 000	276 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 489 000	829 000	0	0
Expenditure	4 198 000	1 599 000	38 000	25 000
Operating Profit	−2 709 000	−769 000	−38 000	−24 000
Financial Income	0	2 000	0	0
Financial Costs	5 000	8 000	0	0
Financial Balance	−5 000	−6 000	0	0
Earnings Before Tax	−2 714 000	−775 000	−38 000	−24 000
Tax	−597 000	−184 000	0	0
Net Income	−2 117 000	−591 000	−38 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 556 000	4 663 000	0	0
Total Current Assets	6 812 000	629 000	237 000	276 000
Total Assets	11 369 000	5 291 000	237 000	276 000
Total Retained Equity	−2 770 000	−653 000	−62 000	−24 000
Total Equity	4 530 000	−353 000	238 000	276 000
Total Long-Term Debt	4 751 000	0	0	0
Total Current Debt	2 088 000	5 644 000	−1 000	0
Total Equity and Debt	11 369 000	5 291 000	237 000	276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 369 000	829 000	0	0
Other Income	121 000	0	0	0
Revenue	1 489 000	829 000	0	0
Cost of Goods Sold	923 000	631 000	0	3 000
Salary Costs	546 000	0	0	0
Depreciation	225 000	232 000	0	0
Impairment	0	0	0	0
Expenditure	4 198 000	1 599 000	38 000	25 000
Operating Profit	−2 709 000	−769 000	−38 000	−24 000
Financial Income	0	2 000	0	0
Financial Costs	5 000	8 000	0	0
Financial Balance	−5 000	−6 000	0	0
Dividends	0	0	0	0
Net Income	−2 117 000	−591 000	−38 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	781 000	184 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	187 000	0	0
Fixtures	0	17 000	0	0
Total Tangible Assets	3 775 000	4 479 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 556 000	4 663 000	0	0
Stock	0	600 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 717 000	1 000	0	274 000
Total Current Assets	6 812 000	629 000	237 000	276 000
Total Assets	11 369 000	5 291 000	237 000	276 000
Total Equity	4 530 000	−353 000	238 000	276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 751 000	0	0	0
Creditors	2 008 000	819 000	0	0
Unpaid Taxes	0	−12 000	−1 000	0
Dividends	0	0	0	0
Other Current Debt	80 000	4 837 000	0	0
Total Current Debt	2 088 000	5 644 000	−1 000	0
Total Equity and Debt	11 369 000	5 291 000	237 000	276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,73 %	167,42 %	−15,97 %	−8,7 %
Debt-to-Equity Ratio	1,05	−0	0	0
Operating Profit Margin	−181,93 %	−92,76 %	-	-
Current Ratio	3,26	0,11	−237	-
Quick Ratio	3,26	0,12	−237	-
Equity Ratio	0,4	−0,07	1	1
Gross Profit Margin	38,01 %	23,88 %	-	-