SCANDINAVIAN WATER TECHNOLOGY AS

1415 OPPEGÅRD

Finances

Share Ownership

Return on Equity

−18,4 %

Current Ratio

0,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 998 000	13 609 000	9 180 000	7 476 000
Net Income	−273 000	7 257 000	−188 000	−1 661 000
Total Assets	11 666 000	17 859 000	3 435 000	2 408 000
Total Equity	1 484 000	1 757 000	−10 519 000	−18 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 998 000	13 609 000	9 180 000	7 476 000
Expenditure	14 891 000	12 921 000	8 629 000	8 321 000
Operating Profit	77 000	603 000	327 000	−1 094 000
Financial Income	0	22 000	126 000	29 000
Financial Costs	424 000	376 000	641 000	595 000
Financial Balance	−424 000	−354 000	−515 000	−566 000
Earnings Before Tax	−347 000	249 000	−188 000	−1 661 000
Tax	−74 000	−7 008 000	0	0
Net Income	−273 000	7 257 000	−188 000	−1 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 510 000	7 008 000	7 000	18 000
Total Current Assets	4 156 000	10 851 000	3 429 000	2 390 000
Total Assets	11 666 000	17 859 000	3 435 000	2 408 000
Total Retained Equity	769 000	1 042 000	−30 082 000	−29 894 000
Total Equity	1 484 000	1 757 000	−10 519 000	−18 332 000
Total Long-Term Debt	0	0	0	8 000 000
Total Current Debt	10 182 000	16 102 000	13 954 000	12 740 000
Total Equity and Debt	11 666 000	17 859 000	3 435 000	2 408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 953 000	13 359 000	7 847 000	6 862 000
Other Income	45 000	250 000	1 333 000	613 000
Revenue	14 998 000	13 609 000	9 180 000	7 476 000
Cost of Goods Sold	10 696 000	9 667 000	5 607 000	4 512 000
Salary Costs	2 690 000	2 036 000	1 873 000	2 241 000
Depreciation	0	7 000	12 000	28 000
Impairment	0	0	0	0
Expenditure	14 891 000	12 921 000	8 629 000	8 321 000
Operating Profit	77 000	603 000	327 000	−1 094 000
Financial Income	0	22 000	126 000	29 000
Financial Costs	424 000	376 000	641 000	595 000
Financial Balance	−424 000	−354 000	−515 000	−566 000
Dividends	0	0	0	0
Net Income	−273 000	7 257 000	−188 000	−1 661 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 510 000	7 008 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	7 000	18 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	7 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 510 000	7 008 000	7 000	18 000
Stock	388 000	712 000	549 000	1 051 000
Total Investments	0	0	0	0
Cash, Bank	0	0	77 000	5 000
Total Current Assets	4 156 000	10 851 000	3 429 000	2 390 000
Total Assets	11 666 000	17 859 000	3 435 000	2 408 000
Total Equity	1 484 000	1 757 000	−10 519 000	−18 332 000
Short-Term Group Debt	7 860 000	12 750 000	0	0
Total Long-Term Debt	0	0	0	8 000 000
Creditors	1 380 000	1 745 000	556 000	88 000
Unpaid Taxes	643 000	631 000	258 000	240 000
Dividends	0	0	0	0
Other Current Debt	300 000	977 000	2 631 000	1 775 000
Total Current Debt	10 182 000	16 102 000	13 954 000	12 740 000
Total Equity and Debt	11 666 000	17 859 000	3 435 000	2 408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,4 %	413,03 %	1,79 %	9,06 %
Debt-to-Equity Ratio	0	0	−0	−0,44
Operating Profit Margin	0,51 %	4,43 %	3,56 %	−14,63 %
Current Ratio	0,41	0,67	0,25	0,19
Quick Ratio	0,42	0,71	0,26	0,2
Equity Ratio	0,13	0,1	−3,06	−7,61
Gross Profit Margin	28,68 %	28,97 %	38,92 %	39,65 %