NORSK VANNTEKNOLOGI AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

7,84 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 431 000	2 979 000	3 290 000	3 683 000
Net Income	20 000	119 000	20 000	159 000
Total Assets	1 873 000	2 548 000	2 262 000	1 376 000
Total Equity	255 000	235 000	116 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 431 000	2 979 000	3 290 000	3 683 000
Expenditure	2 376 000	2 773 000	3 178 000	3 455 000
Operating Profit	55 000	206 000	113 000	228 000
Financial Income	3 000	8 000	6 000	0
Financial Costs	49 000	53 000	73 000	48 000
Financial Balance	−46 000	−45 000	−67 000	−48 000
Earnings Before Tax	8 000	161 000	45 000	180 000
Tax	−12 000	42 000	25 000	21 000
Net Income	20 000	119 000	20 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	86 000	119 000	82 000
Total Current Assets	1 805 000	2 462 000	2 144 000	1 294 000
Total Assets	1 873 000	2 548 000	2 262 000	1 376 000
Total Retained Equity	152 000	132 000	13 000	−7 000
Total Equity	255 000	235 000	116 000	96 000
Total Long-Term Debt	450 000	472 000	563 000	146 000
Total Current Debt	1 168 000	1 841 000	1 584 000	1 135 000
Total Equity and Debt	1 873 000	2 548 000	2 262 000	1 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 459 000	3 089 000	3 000 000	3 683 000
Other Income	−29 000	−110 000	290 000	0
Revenue	2 431 000	2 979 000	3 290 000	3 683 000
Cost of Goods Sold	774 000	1 365 000	1 627 000	1 569 000
Salary Costs	999 000	725 000	797 000	1 203 000
Depreciation	22 000	33 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	2 376 000	2 773 000	3 178 000	3 455 000
Operating Profit	55 000	206 000	113 000	228 000
Financial Income	3 000	8 000	6 000	0
Financial Costs	49 000	53 000	73 000	48 000
Financial Balance	−46 000	−45 000	−67 000	−48 000
Dividends	0	0	0	0
Net Income	20 000	119 000	20 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	36 000	69 000	32 000
Total Tangible Assets	14 000	36 000	69 000	32 000
Total Fiancial Fixed Assets	54 000	50 000	50 000	50 000
Total Fixed Assets	68 000	86 000	119 000	82 000
Stock	980 000	968 000	1 049 000	844 000
Total Investments	0	0	0	0
Cash, Bank	58 000	408 000	8 000	15 000
Total Current Assets	1 805 000	2 462 000	2 144 000	1 294 000
Total Assets	1 873 000	2 548 000	2 262 000	1 376 000
Total Equity	255 000	235 000	116 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	450 000	472 000	563 000	146 000
Creditors	224 000	679 000	632 000	491 000
Unpaid Taxes	146 000	138 000	203 000	203 000
Dividends	0	0	0	0
Other Current Debt	409 000	336 000	522 000	255 000
Total Current Debt	1 168 000	1 841 000	1 584 000	1 135 000
Total Equity and Debt	1 873 000	2 548 000	2 262 000	1 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,84 %	50,64 %	17,24 %	165,63 %
Debt-to-Equity Ratio	1,76	2,01	4,85	1,52
Operating Profit Margin	2,26 %	6,92 %	3,43 %	6,19 %
Current Ratio	1,55	1,34	1,35	1,14
Quick Ratio	9,6	2,82	4,01	4,45
Equity Ratio	0,14	0,09	0,05	0,07
Gross Profit Margin	68,16 %	54,18 %	50,55 %	57,4 %