WTS RAIL AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

60,42 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 687 000	4 041 000	3 524 000	3 948 000
Net Income	1 218 000	246 000	124 000	541 000
Total Assets	3 705 000	1 873 000	2 399 000	2 180 000
Total Equity	2 016 000	798 000	1 085 000	1 361 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 687 000	4 041 000	3 524 000	3 948 000
Expenditure	5 096 000	3 717 000	3 361 000	3 253 000
Operating Profit	1 591 000	324 000	162 000	695 000
Financial Income	6 000	0	0	1 000
Financial Costs	28 000	8 000	3 000	2 000
Financial Balance	−22 000	−8 000	−3 000	−1 000
Earnings Before Tax	1 569 000	316 000	159 000	694 000
Tax	350 000	70 000	35 000	153 000
Net Income	1 218 000	246 000	124 000	541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	675 000	674 000	0
Total Current Assets	3 058 000	1 198 000	1 725 000	2 180 000
Total Assets	3 705 000	1 873 000	2 399 000	2 180 000
Total Retained Equity	1 986 000	768 000	1 055 000	1 331 000
Total Equity	2 016 000	798 000	1 085 000	1 361 000
Total Long-Term Debt	319 000	456 000	642 000	0
Total Current Debt	1 370 000	619 000	672 000	819 000
Total Equity and Debt	3 705 000	1 873 000	2 399 000	2 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 687 000	4 041 000	3 383 000	3 948 000
Other Income	0	0	140 000	0
Revenue	6 687 000	4 041 000	3 524 000	3 948 000
Cost of Goods Sold	115 000	0	0	0
Salary Costs	2 697 000	2 486 000	2 234 000	2 278 000
Depreciation	88 000	81 000	17 000	0
Impairment	0	0	0	0
Expenditure	5 096 000	3 717 000	3 361 000	3 253 000
Operating Profit	1 591 000	324 000	162 000	695 000
Financial Income	6 000	0	0	1 000
Financial Costs	28 000	8 000	3 000	2 000
Financial Balance	−22 000	−8 000	−3 000	−1 000
Dividends	0	500 000	0	0
Net Income	1 218 000	246 000	124 000	541 000

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	0	0	36 000	0
Fixtures	573 000	641 000	638 000	0
Total Tangible Assets	573 000	641 000	674 000	0
Total Fiancial Fixed Assets	75 000	34 000	0	0
Total Fixed Assets	648 000	675 000	674 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 663 000	362 000	934 000	1 161 000
Total Current Assets	3 058 000	1 198 000	1 725 000	2 180 000
Total Assets	3 705 000	1 873 000	2 399 000	2 180 000
Total Equity	2 016 000	798 000	1 085 000	1 361 000
Short-Term Group Debt	43 000	43 000	0	0
Total Long-Term Debt	319 000	456 000	642 000	0
Creditors	41 000	44 000	3 000	7 000
Unpaid Taxes	557 000	266 000	441 000	376 000
Dividends	0	500 000	0	0
Other Current Debt	377 000	213 000	229 000	280 000
Total Current Debt	1 370 000	619 000	672 000	819 000
Total Equity and Debt	3 705 000	1 873 000	2 399 000	2 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,42 %	30,83 %	11,43 %	39,75 %
Debt-to-Equity Ratio	0,16	0,57	0,59	0
Operating Profit Margin	23,79 %	8,02 %	4,6 %	17,6 %
Current Ratio	2,23	1,94	2,57	2,66
Quick Ratio	2,23	1,94	2,57	2,66
Equity Ratio	0,54	0,43	0,45	0,62
Gross Profit Margin	98,28 %	100 %	100 %	100 %