TOP WATER FLOW AS

2335 STANGE

Finances

Return on Equity

−31,46 %

Current Ratio

3,19

Debt-to-Equity Ratio

6,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	421 000	18 000	0	1 738 000
Net Income	−471 000	−155 000	−416 000	1 186 000
Total Assets	11 552 000	10 259 000	9 282 000	7 136 000
Total Equity	1 497 000	1 968 000	2 122 000	2 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	421 000	18 000	0	1 738 000
Expenditure	865 000	167 000	415 000	552 000
Operating Profit	−444 000	−149 000	−415 000	1 186 000
Financial Income	0	0	0	0
Financial Costs	27 000	6 000	1 000	0
Financial Balance	−27 000	−6 000	−1 000	0
Earnings Before Tax	−471 000	−155 000	−416 000	1 186 000
Tax	0	0	0	0
Net Income	−471 000	−155 000	−416 000	1 186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 642 000	10 018 000	9 265 000	6 719 000
Total Current Assets	910 000	241 000	17 000	417 000
Total Assets	11 552 000	10 259 000	9 282 000	7 136 000
Total Retained Equity	−40 000	430 000	585 000	1 001 000
Total Equity	1 497 000	1 968 000	2 122 000	2 538 000
Total Long-Term Debt	9 770 000	8 135 000	7 003 000	4 536 000
Total Current Debt	285 000	156 000	156 000	62 000
Total Equity and Debt	11 552 000	10 259 000	9 282 000	7 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	421 000	18 000	0	1 738 000
Other Income	0	0	0	0
Revenue	421 000	18 000	0	1 738 000
Cost of Goods Sold	266 000	4 000	19 000	15 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	865 000	167 000	415 000	552 000
Operating Profit	−444 000	−149 000	−415 000	1 186 000
Financial Income	0	0	0	0
Financial Costs	27 000	6 000	1 000	0
Financial Balance	−27 000	−6 000	−1 000	0
Dividends	0	0	0	0
Net Income	−471 000	−155 000	−416 000	1 186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 063 000	4 689 000	4 558 000	4 471 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 579 000	5 329 000	4 707 000	2 248 000
Total Fixed Assets	10 642 000	10 018 000	9 265 000	6 719 000
Stock	173 000	217 000	0	0
Total Investments	0	0	0	0
Cash, Bank	737 000	7 000	3 000	417 000
Total Current Assets	910 000	241 000	17 000	417 000
Total Assets	11 552 000	10 259 000	9 282 000	7 136 000
Total Equity	1 497 000	1 968 000	2 122 000	2 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 770 000	8 135 000	7 003 000	4 536 000
Creditors	45 000	−2 000	0	−50 000
Unpaid Taxes	72 000	0	0	−29 000
Dividends	0	0	0	0
Other Current Debt	167 000	158 000	156 000	141 000
Total Current Debt	285 000	156 000	156 000	62 000
Total Equity and Debt	11 552 000	10 259 000	9 282 000	7 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,46 %	−7,88 %	−19,6 %	46,73 %
Debt-to-Equity Ratio	6,53	4,13	3,3	1,79
Operating Profit Margin	−105,46 %	−827,78 %	-	68,24 %
Current Ratio	3,19	1,54	0,11	6,73
Quick Ratio	8,13	−3,95	0,11	6,73
Equity Ratio	0,13	0,19	0,23	0,36
Gross Profit Margin	36,82 %	77,78 %	-	99,14 %