NORDIC WATER PRODUCTS AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

−37,68 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 008 000	65 918 000	73 140 000	36 587 000
Net Income	−1 946 000	−660 000	4 600 000	1 108 000
Total Assets	38 885 000	32 003 000	35 394 000	18 252 000
Total Equity	5 164 000	7 110 000	7 770 000	3 170 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 008 000	65 918 000	73 140 000	36 587 000
Expenditure	51 360 000	66 635 000	67 191 000	35 169 000
Operating Profit	−2 352 000	−716 000	5 949 000	1 419 000
Financial Income	86 000	115 000	102 000	74 000
Financial Costs	229 000	245 000	151 000	72 000
Financial Balance	−143 000	−130 000	−49 000	2 000
Earnings Before Tax	−2 495 000	−846 000	5 901 000	1 421 000
Tax	−549 000	−186 000	1 300 000	313 000
Net Income	−1 946 000	−660 000	4 600 000	1 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	937 000	1 027 000	888 000	865 000
Total Current Assets	37 948 000	30 976 000	34 506 000	17 386 000
Total Assets	38 885 000	32 003 000	35 394 000	18 252 000
Total Retained Equity	5 014 000	6 960 000	7 620 000	3 020 000
Total Equity	5 164 000	7 110 000	7 770 000	3 170 000
Total Long-Term Debt	1 595 000	14 144 000	2 330 000	333 000
Total Current Debt	32 126 000	10 749 000	25 293 000	14 749 000
Total Equity and Debt	38 885 000	32 003 000	35 394 000	18 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 008 000	65 918 000	72 951 000	36 587 000
Other Income	0	0	188 000	0
Revenue	49 008 000	65 918 000	73 140 000	36 587 000
Cost of Goods Sold	36 535 000	50 539 000	56 549 000	27 919 000
Salary Costs	8 817 000	8 493 000	4 961 000	3 484 000
Depreciation	321 000	321 000	193 000	108 000
Impairment	0	0	0	0
Expenditure	51 360 000	66 635 000	67 191 000	35 169 000
Operating Profit	−2 352 000	−716 000	5 949 000	1 419 000
Financial Income	86 000	115 000	102 000	74 000
Financial Costs	229 000	245 000	151 000	72 000
Financial Balance	−143 000	−130 000	−49 000	2 000
Dividends	0	0	0	0
Net Income	−1 946 000	−660 000	4 600 000	1 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	26 000	33 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	917 000	1 001 000	855 000	827 000
Total Tangible Assets	917 000	1 001 000	855 000	827 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	937 000	1 027 000	888 000	865 000
Stock	1 658 000	1 493 000	1 976 000	1 164 000
Total Investments	0	0	0	0
Cash, Bank	500 000	5 772 000	5 016 000	3 458 000
Total Current Assets	37 948 000	30 976 000	34 506 000	17 386 000
Total Assets	38 885 000	32 003 000	35 394 000	18 252 000
Total Equity	5 164 000	7 110 000	7 770 000	3 170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 595 000	14 144 000	2 330 000	333 000
Creditors	12 143 000	3 049 000	18 770 000	4 837 000
Unpaid Taxes	3 687 000	2 107 000	1 440 000	1 041 000
Dividends	0	0	0	0
Other Current Debt	16 278 000	5 593 000	5 083 000	8 871 000
Total Current Debt	32 126 000	10 749 000	25 293 000	14 749 000
Total Equity and Debt	38 885 000	32 003 000	35 394 000	18 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,68 %	−9,28 %	59,2 %	34,95 %
Debt-to-Equity Ratio	0,31	1,99	0,3	0,11
Operating Profit Margin	−4,8 %	−1,09 %	8,13 %	3,88 %
Current Ratio	1,18	2,88	1,36	1,18
Quick Ratio	1,25	3,35	1,48	1,28
Equity Ratio	0,13	0,22	0,22	0,17
Gross Profit Margin	25,45 %	23,33 %	22,68 %	23,69 %