WITTBANK INVEST AS

3055 KROKSTADELVA

Finances

Return on Equity

302,15 %

Current Ratio

2,59

Debt-to-Equity Ratio

−3,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 828 000	−12 000	2 581 000	−98 000
Total Assets	2 357 000	3 872 000	4 569 000	1 816 000
Total Equity	−605 000	1 223 000	1 235 000	−1 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	30 000	30 000	25 000	29 000
Operating Profit	−30 000	−30 000	−25 000	−29 000
Financial Income	200 000	1 931 000	2 768 000	421 000
Financial Costs	1 998 000	1 912 000	162 000	490 000
Financial Balance	−1 798 000	19 000	2 606 000	−69 000
Earnings Before Tax	−1 828 000	−12 000	2 581 000	−98 000
Tax	0	0	0	0
Net Income	−1 828 000	−12 000	2 581 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 357 000	3 872 000	4 569 000	1 816 000
Total Assets	2 357 000	3 872 000	4 569 000	1 816 000
Total Retained Equity	−629 000	1 199 000	1 210 000	−1 371 000
Total Equity	−605 000	1 223 000	1 235 000	−1 347 000
Total Long-Term Debt	2 051 000	2 174 000	2 762 000	2 850 000
Total Current Debt	911 000	475 000	572 000	314 000
Total Equity and Debt	2 357 000	3 872 000	4 569 000	1 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	30 000	25 000	29 000
Operating Profit	−30 000	−30 000	−25 000	−29 000
Financial Income	200 000	1 931 000	2 768 000	421 000
Financial Costs	1 998 000	1 912 000	162 000	490 000
Financial Balance	−1 798 000	19 000	2 606 000	−69 000
Dividends	0	0	0	0
Net Income	−1 828 000	−12 000	2 581 000	−98 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	2 355 000	3 855 000	4 557 000	1 811 000
Cash, Bank	3 000	15 000	5 000	5 000
Total Current Assets	2 357 000	3 872 000	4 569 000	1 816 000
Total Assets	2 357 000	3 872 000	4 569 000	1 816 000
Total Equity	−605 000	1 223 000	1 235 000	−1 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 051 000	2 174 000	2 762 000	2 850 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	42 000	34 000	29 000	7 000
Total Current Debt	911 000	475 000	572 000	314 000
Total Equity and Debt	2 357 000	3 872 000	4 569 000	1 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	302,15 %	−0,98 %	208,99 %	7,28 %
Debt-to-Equity Ratio	−3,39	1,78	2,24	−2,12
Operating Profit Margin	-	-	-	-
Current Ratio	2,59	8,15	7,99	5,78
Quick Ratio	2,59	8,15	7,99	5,78
Equity Ratio	−0,26	0,32	0,27	−0,74
Gross Profit Margin	-	-	-	-