EIRAWATER AS

6470 ERESFJORD

Finances

Share Ownership

Return on Equity

111,3 %

Current Ratio

2,85

Debt-to-Equity Ratio

−2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 415 000	26 625 000	12 491 000	6 878 000
Net Income	−48 860 000	−26 933 000	−10 255 000	−15 433 000
Total Assets	77 264 000	46 040 000	49 077 000	40 454 000
Total Equity	−43 899 000	15 220 000	19 813 000	15 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 415 000	26 625 000	12 491 000	6 878 000
Expenditure	126 445 000	52 269 000	22 349 000	21 587 000
Operating Profit	−53 031 000	−25 645 000	−9 857 000	−14 708 000
Financial Income	5 352 000	220 000	68 000	23 000
Financial Costs	1 181 000	1 507 000	465 000	748 000
Financial Balance	4 171 000	−1 287 000	−397 000	−725 000
Earnings Before Tax	−48 860 000	−26 933 000	−10 255 000	−15 433 000
Tax	0	0	0	0
Net Income	−48 860 000	−26 933 000	−10 255 000	−15 433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 829 000	23 838 000	26 234 000	28 312 000
Total Current Assets	51 435 000	22 202 000	22 844 000	12 142 000
Total Assets	77 264 000	46 040 000	49 077 000	40 454 000
Total Retained Equity	−86 051 000	−26 933 000	0	0
Total Equity	−43 899 000	15 220 000	19 813 000	15 068 000
Total Long-Term Debt	103 123 000	5 131 000	5 798 000	21 329 000
Total Current Debt	18 039 000	25 689 000	23 466 000	4 057 000
Total Equity and Debt	77 264 000	46 040 000	49 077 000	40 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 414 000	26 624 000	12 436 000	6 877 000
Other Income	0	1 000	55 000	1 000
Revenue	73 415 000	26 625 000	12 491 000	6 878 000
Cost of Goods Sold	66 156 000	19 650 000	8 444 000	4 698 000
Salary Costs	20 878 000	6 453 000	5 648 000	9 866 000
Depreciation	2 932 000	2 379 000	2 380 000	1 178 000
Impairment	0	0	0	0
Expenditure	126 445 000	52 269 000	22 349 000	21 587 000
Operating Profit	−53 031 000	−25 645 000	−9 857 000	−14 708 000
Financial Income	5 352 000	220 000	68 000	23 000
Financial Costs	1 181 000	1 507 000	465 000	748 000
Financial Balance	4 171 000	−1 287 000	−397 000	−725 000
Dividends	0	0	0	0
Net Income	−48 860 000	−26 933 000	−10 255 000	−15 433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 058 000	8 759 000	9 124 000	9 227 000
Machinery and Plant Facilities	12 799 000	14 515 000	16 507 000	18 481 000
Fixtures	2 889 000	466 000	490 000	513 000
Total Tangible Assets	25 746 000	23 741 000	26 120 000	28 221 000
Total Fiancial Fixed Assets	83 000	97 000	114 000	91 000
Total Fixed Assets	25 829 000	23 838 000	26 234 000	28 312 000
Stock	10 685 000	9 697 000	4 081 000	4 520 000
Total Investments	0	0	0	0
Cash, Bank	10 241 000	1 106 000	1 044 000	2 590 000
Total Current Assets	51 435 000	22 202 000	22 844 000	12 142 000
Total Assets	77 264 000	46 040 000	49 077 000	40 454 000
Total Equity	−43 899 000	15 220 000	19 813 000	15 068 000
Short-Term Group Debt	415 000	0	0	0
Total Long-Term Debt	103 123 000	5 131 000	5 798 000	21 329 000
Creditors	9 084 000	7 920 000	5 210 000	2 353 000
Unpaid Taxes	908 000	271 000	465 000	641 000
Dividends	0	0	0	0
Other Current Debt	7 632 000	17 498 000	17 791 000	1 064 000
Total Current Debt	18 039 000	25 689 000	23 466 000	4 057 000
Total Equity and Debt	77 264 000	46 040 000	49 077 000	40 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,3 %	−176,96 %	−51,76 %	−102,42 %
Debt-to-Equity Ratio	−2,35	0,34	0,29	1,42
Operating Profit Margin	−72,23 %	−96,32 %	−78,91 %	−213,84 %
Current Ratio	2,85	0,86	0,97	2,99
Quick Ratio	6,99	1,39	1,18	−26,22
Equity Ratio	−0,57	0,33	0,4	0,37
Gross Profit Margin	9,89 %	26,2 %	32,4 %	31,7 %