WATER LEVEL OÜ

4662 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

266,88 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2011	2010	2009	2008
Revenue	5 854 000	1 020 000	413 000	949 000
Net Income	419 000	−45 000	−431 000	−462 000
Total Assets	1 954 000	1 814 000	1 730 000	2 846 000
Total Equity	157 000	−262 000	−217 000	214 000

Income (NOK)	2011	2010	2009	2008
Revenue	5 854 000	1 020 000	413 000	949 000
Expenditure	5 126 000	1 082 000	1 004 000	1 598 000
Operating Profit	729 000	−62 000	−591 000	−648 000
Financial Income	9 000	1 000	6 000	7 000
Financial Costs	1 000	1 000	3 000	0
Financial Balance	8 000	0	3 000	7 000
Earnings Before Tax	737 000	−62 000	−588 000	−641 000
Tax	318 000	−17 000	−158 000	−180 000
Net Income	419 000	−45 000	−431 000	−462 000

Balance (NOK)	2011	2010	2009	2008
Total Fixed Assets	205 000	489 000	344 000	263 000
Total Current Assets	1 749 000	1 325 000	1 386 000	2 583 000
Total Assets	1 954 000	1 814 000	1 730 000	2 846 000
Total Retained Equity	157 000	−262 000	−217 000	214 000
Total Equity	157 000	−262 000	−217 000	214 000
Total Long-Term Debt	0	1 758 000	1 702 000	1 702 000
Total Current Debt	1 797 000	318 000	246 000	931 000
Total Equity and Debt	1 954 000	1 814 000	1 730 000	2 846 000

Cash flow (NOK)	2011	2010	2009	2008
Sales Income	5 851 000	1 020 000	413 000	949 000
Other Income	3 000	0	0	0
Revenue	5 854 000	1 020 000	413 000	949 000
Cost of Goods Sold	3 944 000	603 000	104 000	91 000
Salary Costs	7 000	0	0	5 000
Depreciation	25 000	16 000	10 000	21 000
Impairment	0	0	0	0
Expenditure	5 126 000	1 082 000	1 004 000	1 598 000
Operating Profit	729 000	−62 000	−591 000	−648 000
Financial Income	9 000	1 000	6 000	7 000
Financial Costs	1 000	1 000	3 000	0
Financial Balance	8 000	0	3 000	7 000
Dividends	0	0	0	0
Net Income	419 000	−45 000	−431 000	−462 000

Balance details (NOK)	2011	2010	2009	2008
Goodwill	0	0	0	0
Total Intangible Assets	43 000	361 000	344 000	180 000
Real Eastate	68 000	78 000	0	0
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	65 000	49 000	0	83 000
Total Tangible Assets	162 000	127 000	0	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	205 000	489 000	344 000	263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	398 000	153 000	153 000	459 000
Total Current Assets	1 749 000	1 325 000	1 386 000	2 583 000
Total Assets	1 954 000	1 814 000	1 730 000	2 846 000
Total Equity	157 000	−262 000	−217 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 758 000	1 702 000	1 702 000
Creditors	702 000	37 000	11 000	643 000
Unpaid Taxes	378 000	281 000	235 000	288 000
Dividends	0	0	0	0
Other Current Debt	718 000	0	0	0
Total Current Debt	1 797 000	318 000	246 000	931 000
Total Equity and Debt	1 954 000	1 814 000	1 730 000	2 846 000

Financial indicators	2011	2010	2009	2008
Return on Equity	266,88 %	17,18 %	198,62 %	−215,89 %
Debt-to-Equity Ratio	0	−6,71	−7,84	7,95
Operating Profit Margin	12,45 %	−6,08 %	−143,1 %	−68,28 %
Current Ratio	0,97	4,17	5,63	2,77
Quick Ratio	0,97	4,17	5,63	2,77
Equity Ratio	0,08	−0,14	−0,13	0,08
Gross Profit Margin	32,63 %	40,88 %	74,82 %	90,41 %