VATER GRUPPEN AS

5058 BERGEN

Finances

Return on Equity

89,85 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0,47

Key figures (NOK)	2022	2021	2020
Revenue	58 697 000	24 108 000	3 906 000
Net Income	−20 511 000	−5 451 000	108 000
Total Assets	6 899 000	3 642 000	798 000
Total Equity	−22 828 000	−5 347 000	104 000

Income (NOK)	2022	2021	2020
Revenue	58 697 000	24 108 000	3 906 000
Expenditure	76 060 000	29 554 000	3 790 000
Operating Profit	−17 363 000	−5 447 000	118 000
Financial Income	0	6 000	0
Financial Costs	3 148 000	15 000	5 000
Financial Balance	−3 148 000	−9 000	−5 000
Earnings Before Tax	−20 511 000	−5 456 000	114 000
Tax	0	−5 000	5 000
Net Income	−20 511 000	−5 451 000	108 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	295 000	266 000	102 000
Total Current Assets	6 604 000	3 376 000	697 000
Total Assets	6 899 000	3 642 000	798 000
Total Retained Equity	−25 948 000	−5 437 000	14 000
Total Equity	−22 828 000	−5 347 000	104 000
Total Long-Term Debt	10 839 000	1 760 000	66 000
Total Current Debt	18 888 000	7 229 000	629 000
Total Equity and Debt	6 899 000	3 642 000	798 000

Cash flow (NOK)	2022	2021	2020
Sales Income	58 696 000	24 101 000	3 906 000
Other Income	0	7 000	1 000
Revenue	58 697 000	24 108 000	3 906 000
Cost of Goods Sold	42 738 000	16 665 000	2 353 000
Salary Costs	18 557 000	6 642 000	832 000
Depreciation	77 000	29 000	25 000
Impairment	0	0	0
Expenditure	76 060 000	29 554 000	3 790 000
Operating Profit	−17 363 000	−5 447 000	118 000
Financial Income	0	6 000	0
Financial Costs	3 148 000	15 000	5 000
Financial Balance	−3 148 000	−9 000	−5 000
Dividends	0	0	0
Net Income	−20 511 000	−5 451 000	108 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	78 000	0	0
Fixtures	218 000	133 000	92 000
Total Tangible Assets	295 000	133 000	92 000
Total Fiancial Fixed Assets	0	132 000	10 000
Total Fixed Assets	295 000	266 000	102 000
Stock	1 263 000	0	0
Total Investments	0	0	0
Cash, Bank	1 256 000	1 094 000	145 000
Total Current Assets	6 604 000	3 376 000	697 000
Total Assets	6 899 000	3 642 000	798 000
Total Equity	−22 828 000	−5 347 000	104 000
Short-Term Group Debt	5 100 000	1 700 000	0
Total Long-Term Debt	10 839 000	1 760 000	66 000
Creditors	9 515 000	4 761 000	382 000
Unpaid Taxes	1 599 000	66 000	170 000
Dividends	0	0	0
Other Current Debt	2 674 000	702 000	76 000
Total Current Debt	18 888 000	7 229 000	629 000
Total Equity and Debt	6 899 000	3 642 000	798 000

Financial indicators	2022	2021	2020
Return on Equity	89,85 %	101,95 %	103,85 %
Debt-to-Equity Ratio	−0,47	−0,33	0,63
Operating Profit Margin	−29,58 %	−22,59 %	3,02 %
Current Ratio	0,35	0,47	1,11
Quick Ratio	0,37	0,47	1,11
Equity Ratio	−3,31	−1,47	0,13
Gross Profit Margin	27,19 %	30,87 %	39,76 %