WATERWELL AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

115,83 %

Current Ratio

0,75

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 131 000	981 000	946 000	197 000
Net Income	−2 905 000	−5 694 000	−5 149 000	−7 915 000
Total Assets	3 560 000	2 553 000	4 788 000	5 712 000
Total Equity	−2 508 000	−2 025 000	−390 000	−1 824 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 131 000	981 000	946 000	197 000
Expenditure	5 838 000	6 448 000	5 761 000	7 386 000
Operating Profit	−2 707 000	−5 466 000	−4 816 000	−7 189 000
Financial Income	40 000	6 000	0	44 000
Financial Costs	238 000	234 000	334 000	770 000
Financial Balance	−198 000	−228 000	−334 000	−726 000
Earnings Before Tax	−2 905 000	−5 694 000	−5 149 000	−7 915 000
Tax	0	0	0	0
Net Income	−2 905 000	−5 694 000	−5 149 000	−7 915 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 149 000	1 208 000	2 706 000	4 403 000
Total Current Assets	2 411 000	1 346 000	2 081 000	1 309 000
Total Assets	3 560 000	2 553 000	4 788 000	5 712 000
Total Retained Equity	−4 689 000	−5 042 000	−2 450 000	−2 657 000
Total Equity	−2 508 000	−2 025 000	−390 000	−1 824 000
Total Long-Term Debt	2 839 000	3 504 000	4 301 000	5 174 000
Total Current Debt	3 229 000	1 075 000	877 000	2 362 000
Total Equity and Debt	3 560 000	2 553 000	4 788 000	5 712 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 712 000	978 000	720 000	79 000
Other Income	419 000	3 000	225 000	118 000
Revenue	3 131 000	981 000	946 000	197 000
Cost of Goods Sold	1 665 000	679 000	205 000	231 000
Salary Costs	1 738 000	2 119 000	2 141 000	3 055 000
Depreciation	160 000	641 000	1 280 000	1 066 000
Impairment	0	0	0	0
Expenditure	5 838 000	6 448 000	5 761 000	7 386 000
Operating Profit	−2 707 000	−5 466 000	−4 816 000	−7 189 000
Financial Income	40 000	6 000	0	44 000
Financial Costs	238 000	234 000	334 000	770 000
Financial Balance	−198 000	−228 000	−334 000	−726 000
Dividends	0	0	0	0
Net Income	−2 905 000	−5 694 000	−5 149 000	−7 915 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	280 000	1 020 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	123 000	183 000	1 402 000	2 432 000
Total Tangible Assets	123 000	183 000	1 402 000	2 432 000
Total Fiancial Fixed Assets	1 025 000	1 025 000	1 025 000	951 000
Total Fixed Assets	1 149 000	1 208 000	2 706 000	4 403 000
Stock	1 356 000	366 000	436 000	406 000
Total Investments	0	0	0	0
Cash, Bank	270 000	139 000	768 000	91 000
Total Current Assets	2 411 000	1 346 000	2 081 000	1 309 000
Total Assets	3 560 000	2 553 000	4 788 000	5 712 000
Total Equity	−2 508 000	−2 025 000	−390 000	−1 824 000
Short-Term Group Debt	0	0	108 000	0
Total Long-Term Debt	2 839 000	3 504 000	4 301 000	5 174 000
Creditors	829 000	640 000	371 000	618 000
Unpaid Taxes	247 000	6 000	149 000	101 000
Dividends	0	0	0	0
Other Current Debt	2 154 000	428 000	249 000	1 643 000
Total Current Debt	3 229 000	1 075 000	877 000	2 362 000
Total Equity and Debt	3 560 000	2 553 000	4 788 000	5 712 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,83 %	281,19 %	1 320,26 %	433,94 %
Debt-to-Equity Ratio	−1,13	−1,73	−11,03	−2,84
Operating Profit Margin	−86,46 %	−557,19 %	−509,09 %	−3 649,24 %
Current Ratio	0,75	1,25	2,37	0,55
Quick Ratio	1,29	1,9	4,72	0,67
Equity Ratio	−0,7	−0,79	−0,08	−0,32
Gross Profit Margin	46,82 %	30,78 %	78,33 %	−17,26 %