Multi Watertools AS
ASDissolvedOrg 928178137Eikeskogvegen 20, 5570 AksdalOther building and industrial cleaning activities· NACE 8122Est. 2021 · 4 years old0 employees
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Overview
Multi Watertools AS is a Norwegian AS based in Aksdal, operating in the Other building and industrial cleaning activities sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 43.5k in its latest annual filing.
Revenue 2022
0M NOK
EBITDA margin
55.2 %
Net profit 2022
-0.1M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-2.3 %
Very weakAmong the 20% lowest rated companies in the industry
20222022
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
AverageAround the average of companies in the same industry
20222022
Return on assets (ROA)Net profit ÷ Total assets × 100
-7.8 %
WeakAmong the 30% lowest rated companies in the industry
20222022
EBITDA — year on year
NOK thousandsKey figures
Annual report 2022| Revenue | 0M NOK | — |
| EBITDA | 0M NOK | — |
| Net profit | -0.1M NOK | — |
| Total assets | 1.8M NOK | — |
| Equity | -0M NOK | — |
| Employees | 0 | — |
Company information
Legal name
MULTI WATERTOOLS AS
Org number
928178137
Legal form
Aksjeselskap
NACE code
Founded
19 October 2021 · 4 years
Share capital
NOK 100,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Overflatebehandling, rengjøring og kutting med vann under høyt trykk samt hva ellers står i forbindelse.
(no translation available)
Address
Eikeskogvegen 20, 5570 Aksdal
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Financial development
In its most recent annual report (2022), Multi Watertools AS reported revenue of NOK 43.5k. The bottom line showed a net loss of NOK 142.4k, and the EBITDA margin stood at 55.2%.
At the end of 2022, current assets covered short-term debt 1.2 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2022 |
|---|---|
| Revenue | 44 |
| Staff expenses | -0 |
| EBITDA | 24 |
| Depreciation & amort. | -127 |
| EBIT | -103 |
| Net financials | -80 |
| Profit before tax | -183 |
| Tax | -40 |
| Net profit | -142 |
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Balance sheet
NOK thousands| Item | 2022 |
|---|---|
| Total assets | 1,819 |
| Equity | -42 |
| Long-term debt | 1,857 |
| Short-term debt | 4 |
| Total debt | 1,861 |
Financial ratios
5-year trendEBITDA margin
55.2 %
20222022
Equity ratio
-2.3 %
Very weakAmong the 20% lowest rated companies in the industry
20222022
Return on equity
—
20222022
Net profit margin
-327.3 %
Very weakAmong the 10% lowest rated companies in the industry
20222022
Asset turnover
0.02×
WeakAmong the 30% lowest rated companies in the industry
20222022
Debt / equity
—
20222022
Sector performance
18 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 40% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginVery weak
Among the 10% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginVery weak
Among the 10% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on assets (ROA)Weak
Among the 30% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioStrong
Among the 40% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Fixed assets to long-term capitalWeak
Among the 30% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtWeak
Among the 30% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverWeak
Among the 30% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JE Board of Directors | Board of Directors | 2021 |
RJ Board of Directors | Board of Directors | 2021 |
JS Chairman | Chairman | 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 55% | 55% | 2021 | |
| Company | 45% | 45% | 2021 |
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Company hierarchy
Multi Vedlikehold Drift As
Multi Watertools AS Board network connections
Board members of Multi Watertools AS also hold positions in 49 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Rune Johan Simonsen | Board of Directors | 34 companiesMany roles |
| John Steinar Pedersen | Chairman | 11 companiesMany roles |
| Jarle Ekeland | Board of Directors | 4 companies |
Frequently asked questions
What is the Org number of Multi Watertools AS?
Multi Watertools AS is registered with Brønnøysundsregistrene under Org 928178137.
What is the revenue of Multi Watertools AS?
Multi Watertools AS reported revenue of NOK 43.5k in 2022.
Who is the chairman of Multi Watertools AS?
John Steinar Pedersen chairs the board of Multi Watertools AS.
Where is Multi Watertools AS headquartered?
Multi Watertools AS's registered address is Eikeskogvegen 20.