WIIK MASKIN AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−53,76 %

Current Ratio

1,7

Debt-to-Equity Ratio

6,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 512 000	11 002 000	4 704 000	2 979 000
Net Income	−150 000	492 000	65 000	−79 000
Total Assets	2 848 000	3 042 000	2 125 000	2 087 000
Total Equity	279 000	429 000	−13 000	−77 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 512 000	11 002 000	4 704 000	2 979 000
Expenditure	7 629 000	10 390 000	4 561 000	2 956 000
Operating Profit	−117 000	612 000	143 000	23 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	69 000	63 000	81 000	104 000
Financial Balance	−66 000	−60 000	−78 000	−102 000
Earnings Before Tax	−183 000	551 000	65 000	−79 000
Tax	−32 000	60 000	0	0
Net Income	−150 000	492 000	65 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 432 000	1 037 000	1 368 000	1 588 000
Total Current Assets	1 416 000	2 005 000	757 000	499 000
Total Assets	2 848 000	3 042 000	2 125 000	2 087 000
Total Retained Equity	104 000	254 000	−188 000	−252 000
Total Equity	279 000	429 000	−13 000	−77 000
Total Long-Term Debt	1 738 000	1 295 000	1 542 000	1 607 000
Total Current Debt	831 000	1 318 000	596 000	557 000
Total Equity and Debt	2 848 000	3 042 000	2 125 000	2 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 020 000	11 002 000	4 701 000	2 857 000
Other Income	491 000	0	3 000	122 000
Revenue	7 512 000	11 002 000	4 704 000	2 979 000
Cost of Goods Sold	4 115 000	7 637 000	2 281 000	775 000
Salary Costs	1 455 000	1 293 000	806 000	875 000
Depreciation	277 000	426 000	415 000	382 000
Impairment	0	0	0	0
Expenditure	7 629 000	10 390 000	4 561 000	2 956 000
Operating Profit	−117 000	612 000	143 000	23 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	69 000	63 000	81 000	104 000
Financial Balance	−66 000	−60 000	−78 000	−102 000
Dividends	0	50 000	0	0
Net Income	−150 000	492 000	65 000	−79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 424 000	955 000	704 000	700 000
Machinery and Plant Facilities	0	74 000	0	0
Fixtures	8 000	9 000	664 000	888 000
Total Tangible Assets	1 432 000	1 037 000	1 368 000	1 588 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 432 000	1 037 000	1 368 000	1 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	1 237 000	417 000	27 000
Total Current Assets	1 416 000	2 005 000	757 000	499 000
Total Assets	2 848 000	3 042 000	2 125 000	2 087 000
Total Equity	279 000	429 000	−13 000	−77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 738 000	1 295 000	1 542 000	1 607 000
Creditors	626 000	877 000	392 000	314 000
Unpaid Taxes	48 000	240 000	131 000	55 000
Dividends	0	50 000	0	0
Other Current Debt	157 000	124 000	72 000	82 000
Total Current Debt	831 000	1 318 000	596 000	557 000
Total Equity and Debt	2 848 000	3 042 000	2 125 000	2 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,76 %	114,69 %	−500 %	102,6 %
Debt-to-Equity Ratio	6,23	3,02	−118,62	−20,87
Operating Profit Margin	−1,56 %	5,56 %	3,04 %	0,77 %
Current Ratio	1,7	1,52	1,27	0,9
Quick Ratio	1,7	1,52	1,27	0,9
Equity Ratio	0,1	0,14	−0,01	−0,04
Gross Profit Margin	45,22 %	30,59 %	51,51 %	73,98 %