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H2O SOLUTIONS AS

827118052AksjeselskapMVA
Municipality
NOTODDEN
Founded
17.03.2021
Roles
2
Company details
Business address
Telegata 7, 3674 NOTODDEN
Municipality
Notodden
Sector
Private aksjeselskaper mv.
Share capital
600 000 kr(2 000 shares)
Registered
18.05.2021
Purpose
Sikring og rengjøring av drikkevannsreservoarer og tilhørende tjenester knyttet opp mot dette.
Board and management
Marius Kasin
Styrets leder

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Financials2023
Revenue
3.7 mill
Operating result
-325k
Net result
-383k
Assets
1.2 mill
Equity
-99k
Debt
1.3 mill
Financial health check
Equity ratio
Weak
Current ratio
Satisfactory
Profitability
Weak
Income statement and balance sheet
2023
Income statement
Revenue3.7 mill
Operating costs4.0 mill
= Operating result-325k
Net finance-59k
= Net result-383k
Balance sheet
Fixed assets287k
Current assets958k
= Total assets1.2 mill
Equity-99k
Long-term debt528k
Short-term debt817k
= Total debt1.3 mill

Source: Brønnøysund Register Centre

Key Ratios
2023Industry (median)
Operating margin
-8.8%5.8%
Net margin
-10.4%—
Return on assets
-30.8%1.7%
Return on equity
386.3%—
Equity ratio
-8.0%39.9%
Current ratio
1.171.29
Debt-to-equity
-13.550.50

Based on 36 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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