WATTN AS

6019 ÅLESUND

Finances

Return on Equity

−3,98 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020
Revenue	2 156 942 000	1 447 213 000	143 015 000
Net Income	−17 084 000	−18 460 000	−571 000
Total Assets	1 259 145 000	881 859 000	476 365 000
Total Equity	428 909 000	443 671 000	352 219 000

Income (NOK)	2022	2021	2020
Revenue	2 156 942 000	1 447 213 000	143 015 000
Expenditure	2 176 865 000	1 469 810 000	143 576 000
Operating Profit	−19 923 000	−22 596 000	−561 000
Financial Income	5 555 000	2 258 000	1 244 000
Financial Costs	8 172 000	3 679 000	792 000
Financial Balance	−2 617 000	−1 421 000	452 000
Earnings Before Tax	−22 540 000	−24 017 000	−109 000
Tax	−5 456 000	−5 557 000	462 000
Net Income	−17 084 000	−18 460 000	−571 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	264 515 000	257 660 000	184 842 000
Total Current Assets	994 630 000	624 199 000	291 523 000
Total Assets	1 259 145 000	881 859 000	476 365 000
Total Retained Equity	218 637 000	233 295 000	252 219 000
Total Equity	428 909 000	443 671 000	352 219 000
Total Long-Term Debt	53 126 000	59 961 000	55 109 000
Total Current Debt	777 110 000	378 227 000	69 037 000
Total Equity and Debt	1 259 145 000	881 859 000	476 365 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 150 345 000	1 441 499 000	135 600 000
Other Income	6 597 000	5 714 000	7 415 000
Revenue	2 156 942 000	1 447 213 000	143 015 000
Cost of Goods Sold	2 044 466 000	1 337 675 000	96 908 000
Salary Costs	56 592 000	50 428 000	19 214 000
Depreciation	28 657 000	19 164 000	5 077 000
Impairment	−10 000	876 000	0
Expenditure	2 176 865 000	1 469 810 000	143 576 000
Operating Profit	−19 923 000	−22 596 000	−561 000
Financial Income	5 555 000	2 258 000	1 244 000
Financial Costs	8 172 000	3 679 000	792 000
Financial Balance	−2 617 000	−1 421 000	452 000
Dividends	0	0	0
Net Income	−17 084 000	−18 460 000	−571 000

Balance details (NOK)	2022	2021	2020
Goodwill	240 433 000	242 084 000	0
Total Intangible Assets	263 185 000	255 444 000	182 931 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	662 000	569 000	646 000
Total Tangible Assets	662 000	569 000	646 000
Total Fiancial Fixed Assets	668 000	1 647 000	1 265 000
Total Fixed Assets	264 515 000	257 660 000	184 842 000
Stock	3 200 000	4 777 000	4 274 000
Total Investments	0	0	0
Cash, Bank	5 999 000	54 755 000	168 804 000
Total Current Assets	994 630 000	624 199 000	291 523 000
Total Assets	1 259 145 000	881 859 000	476 365 000
Total Equity	428 909 000	443 671 000	352 219 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	53 126 000	59 961 000	55 109 000
Creditors	482 021 000	343 045 000	38 096 000
Unpaid Taxes	4 284 000	3 768 000	7 329 000
Dividends	0	0	0
Other Current Debt	33 084 000	28 870 000	18 727 000
Total Current Debt	777 110 000	378 227 000	69 037 000
Total Equity and Debt	1 259 145 000	881 859 000	476 365 000

Financial indicators	2022	2021	2020
Return on Equity	−3,98 %	−4,16 %	−0,16 %
Debt-to-Equity Ratio	0,12	0,14	0,16
Operating Profit Margin	−0,92 %	−1,56 %	−0,39 %
Current Ratio	1,28	1,65	4,22
Quick Ratio	1,29	1,67	4,5
Equity Ratio	0,34	0,5	0,74
Gross Profit Margin	5,21 %	7,57 %	32,24 %