WATER WEIGHTS SCANDINAVIA AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

120,71 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 746 000	8 282 000	6 796 000	8 693 000
Net Income	3 077 000	2 472 000	1 751 000	2 725 000
Total Assets	6 457 000	4 564 000	3 499 000	5 287 000
Total Equity	2 549 000	1 976 000	1 007 000	1 009 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 746 000	8 282 000	6 796 000	8 693 000
Expenditure	5 853 000	5 114 000	4 571 000	5 243 000
Operating Profit	3 893 000	3 170 000	2 225 000	3 450 000
Financial Income	35 000	9 000	12 000	19 000
Financial Costs	9 000	11 000	6 000	7 000
Financial Balance	26 000	−2 000	6 000	12 000
Earnings Before Tax	3 919 000	3 169 000	2 230 000	3 461 000
Tax	842 000	697 000	479 000	736 000
Net Income	3 077 000	2 472 000	1 751 000	2 725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 251 000	962 000	231 000	330 000
Total Current Assets	5 206 000	3 602 000	3 268 000	4 957 000
Total Assets	6 457 000	4 564 000	3 499 000	5 287 000
Total Retained Equity	1 547 000	973 000	4 000	6 000
Total Equity	2 549 000	1 976 000	1 007 000	1 009 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 908 000	2 589 000	2 492 000	4 278 000
Total Equity and Debt	6 457 000	4 564 000	3 499 000	5 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 746 000	8 282 000	6 796 000	8 693 000
Revenue	9 746 000	8 282 000	6 796 000	8 693 000
Cost of Goods Sold	1 037 000	651 000	705 000	1 320 000
Salary Costs	1 786 000	1 587 000	1 596 000	1 743 000
Depreciation	372 000	367 000	150 000	122 000
Impairment	0	0	0	0
Expenditure	5 853 000	5 114 000	4 571 000	5 243 000
Operating Profit	3 893 000	3 170 000	2 225 000	3 450 000
Financial Income	35 000	9 000	12 000	19 000
Financial Costs	9 000	11 000	6 000	7 000
Financial Balance	26 000	−2 000	6 000	12 000
Dividends	0	0	0	0
Net Income	3 077 000	2 472 000	1 751 000	2 725 000

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	1 251 000	962 000	231 000	330 000
Fixtures	0	0	0	0
Total Tangible Assets	1 251 000	962 000	231 000	330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 251 000	962 000	231 000	330 000
Stock	114 000	172 000	175 000	238 000
Total Investments	0	0	0	0
Cash, Bank	3 524 000	2 610 000	2 484 000	2 652 000
Total Current Assets	5 206 000	3 602 000	3 268 000	4 957 000
Total Assets	6 457 000	4 564 000	3 499 000	5 287 000
Total Equity	2 549 000	1 976 000	1 007 000	1 009 000
Short-Term Group Debt	2 504 000	1 504 000	1 754 000	3 072 000
Total Long-Term Debt	0	0	0	0
Creditors	69 000	4 000	0	0
Unpaid Taxes	292 000	165 000	104 000	279 000
Dividends	0	0	0	0
Other Current Debt	201 000	219 000	156 000	196 000
Total Current Debt	3 908 000	2 589 000	2 492 000	4 278 000
Total Equity and Debt	6 457 000	4 564 000	3 499 000	5 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	120,71 %	125,1 %	173,88 %	270,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,94 %	38,28 %	32,74 %	39,69 %
Current Ratio	1,33	1,39	1,31	1,16
Quick Ratio	1,37	1,49	1,41	1,23
Equity Ratio	0,39	0,43	0,29	0,19
Gross Profit Margin	89,36 %	92,14 %	89,63 %	84,82 %