WATERCIRCLES NORGE AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

391,96 %

Current Ratio

0,98

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 949 000	89 910 000	81 079 000	68 739 000
Net Income	−8 972 000	5 501 000	−1 035 000	11 684 000
Total Assets	119 405 000	103 784 000	102 389 000	90 808 000
Total Equity	−2 289 000	6 683 000	1 181 000	2 216 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 949 000	89 910 000	81 079 000	68 739 000
Expenditure	110 252 000	82 560 000	82 449 000	52 791 000
Operating Profit	−7 303 000	7 350 000	−1 370 000	15 948 000
Financial Income	92 000	13 000	17 000	47 000
Financial Costs	1 000	1 000	3 000	416 000
Financial Balance	91 000	12 000	14 000	−369 000
Earnings Before Tax	−7 212 000	7 362 000	−1 356 000	15 578 000
Tax	1 760 000	1 861 000	−321 000	3 895 000
Net Income	−8 972 000	5 501 000	−1 035 000	11 684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	525 000	2 566 000	3 636 000	2 193 000
Total Current Assets	118 880 000	101 219 000	98 753 000	88 615 000
Total Assets	119 405 000	103 784 000	102 389 000	90 808 000
Total Retained Equity	−4 673 000	4 299 000	−1 202 000	−167 000
Total Equity	−2 289 000	6 683 000	1 181 000	2 216 000
Total Long-Term Debt	0	30 161 000	28 749 000	6 610 000
Total Current Debt	121 695 000	66 941 000	72 459 000	81 983 000
Total Equity and Debt	119 405 000	103 784 000	102 389 000	90 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 845 000	0	0	0
Other Income	103 000	89 910 000	81 079 000	68 739 000
Revenue	102 949 000	89 910 000	81 079 000	68 739 000
Cost of Goods Sold	0	0	0	0
Salary Costs	48 010 000	36 423 000	29 883 000	26 378 000
Depreciation	370 000	317 000	249 000	205 000
Impairment	0	0	0	0
Expenditure	110 252 000	82 560 000	82 449 000	52 791 000
Operating Profit	−7 303 000	7 350 000	−1 370 000	15 948 000
Financial Income	92 000	13 000	17 000	47 000
Financial Costs	1 000	1 000	3 000	416 000
Financial Balance	91 000	12 000	14 000	−369 000
Dividends	0	0	0	0
Net Income	−8 972 000	5 501 000	−1 035 000	11 684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 760 000	2 922 000	2 048 000
Real Eastate	0	0	56 000	113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	330 000	805 000	658 000	33 000
Total Tangible Assets	330 000	805 000	714 000	146 000
Total Fiancial Fixed Assets	195 000	0	0	0
Total Fixed Assets	525 000	2 566 000	3 636 000	2 193 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 452 000	18 795 000	8 080 000	8 329 000
Total Current Assets	118 880 000	101 219 000	98 753 000	88 615 000
Total Assets	119 405 000	103 784 000	102 389 000	90 808 000
Total Equity	−2 289 000	6 683 000	1 181 000	2 216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	30 161 000	28 749 000	6 610 000
Creditors	18 428 000	8 846 000	5 697 000	3 545 000
Unpaid Taxes	3 620 000	3 128 000	2 732 000	1 739 000
Dividends	0	0	0	0
Other Current Debt	99 647 000	54 268 000	63 477 000	76 699 000
Total Current Debt	121 695 000	66 941 000	72 459 000	81 983 000
Total Equity and Debt	119 405 000	103 784 000	102 389 000	90 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	391,96 %	82,31 %	−87,64 %	527,26 %
Debt-to-Equity Ratio	−0	4,51	24,34	2,98
Operating Profit Margin	−7,09 %	8,17 %	−1,69 %	23,2 %
Current Ratio	0,98	1,51	1,36	1,08
Quick Ratio	0,98	1,51	1,36	1,08
Equity Ratio	−0,02	0,06	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %