HEAVY WATER INTERNATIONAL AS

0370 OSLO

Finances

Return on Equity

0,76 %

Current Ratio

2,35

Debt-to-Equity Ratio

−1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	224 000	6 000	0	148 000
Net Income	−98 000	−1 023 000	−95 000	−160 000
Total Assets	5 200 000	5 508 000	6 418 000	6 540 000
Total Equity	−12 969 000	−12 871 000	−11 848 000	−11 753 000

Income (NOK)	2022	2021	2020	2019
Revenue	224 000	6 000	0	148 000
Expenditure	16 000	122 000	95 000	304 000
Operating Profit	−98 000	−1 023 000	−95 000	−156 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Earnings Before Tax	−98 000	−1 023 000	−95 000	−160 000
Tax	0	0	0	0
Net Income	−98 000	−1 023 000	−95 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 500 000	4 500 000	4 500 000	4 500 000
Total Current Assets	700 000	1 008 000	1 918 000	2 040 000
Total Assets	5 200 000	5 508 000	6 418 000	6 540 000
Total Retained Equity	−24 085 000	−23 987 000	−22 964 000	−22 868 000
Total Equity	−12 969 000	−12 871 000	−11 848 000	−11 753 000
Total Long-Term Debt	17 871 000	17 862 000	17 853 000	17 950 000
Total Current Debt	298 000	517 000	413 000	342 000
Total Equity and Debt	5 200 000	5 508 000	6 418 000	6 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	224 000	6 000	0	148 000
Other Income	0	0	0	0
Revenue	224 000	6 000	0	148 000
Cost of Goods Sold	16 000	122 000	77 000	253 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	122 000	95 000	304 000
Operating Profit	−98 000	−1 023 000	−95 000	−156 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	0	0	−4 000
Dividends	0	0	0	0
Net Income	−98 000	−1 023 000	−95 000	−160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 500 000	4 500 000	4 500 000	4 500 000
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	0	0	0	0
Total Fixed Assets	4 500 000	4 500 000	4 500 000	4 500 000
Stock	608 000	915 000	1 821 000	1 821 000
Total Investments	0	0	0	0
Cash, Bank	0	2 000	5 000	127 000
Total Current Assets	700 000	1 008 000	1 918 000	2 040 000
Total Assets	5 200 000	5 508 000	6 418 000	6 540 000
Total Equity	−12 969 000	−12 871 000	−11 848 000	−11 753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 871 000	17 862 000	17 853 000	17 950 000
Creditors	212 000	431 000	327 000	256 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	86 000	86 000	86 000	86 000
Total Current Debt	298 000	517 000	413 000	342 000
Total Equity and Debt	5 200 000	5 508 000	6 418 000	6 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,76 %	7,95 %	0,8 %	1,36 %
Debt-to-Equity Ratio	−1,38	−1,39	−1,51	−1,53
Operating Profit Margin	−43,75 %	−17 050 %	-	−105,41 %
Current Ratio	2,35	1,95	4,64	5,96
Quick Ratio	−2,26	−2,53	−1,36	−1,38
Equity Ratio	−2,49	−2,34	−1,85	−1,8
Gross Profit Margin	92,86 %	−1 933,33 %	-	−70,95 %