ANDREAS WALDELAND AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

20,16 %

Current Ratio

5,71

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 023 000	725 000	1 228 000	880 000
Net Income	223 000	73 000	415 000	123 000
Total Assets	1 370 000	1 521 000	1 641 000	1 253 000
Total Equity	1 106 000	883 000	810 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 023 000	725 000	1 228 000	880 000
Expenditure	704 000	608 000	665 000	726 000
Operating Profit	320 000	118 000	563 000	155 000
Financial Income	1 000	0	0	0
Financial Costs	19 000	25 000	31 000	10 000
Financial Balance	−18 000	−25 000	−31 000	−10 000
Earnings Before Tax	302 000	93 000	533 000	145 000
Tax	78 000	20 000	117 000	22 000
Net Income	223 000	73 000	415 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	822 000	895 000	1 113 000	825 000
Total Current Assets	548 000	626 000	528 000	428 000
Total Assets	1 370 000	1 521 000	1 641 000	1 253 000
Total Retained Equity	1 076 000	853 000	780 000	365 000
Total Equity	1 106 000	883 000	810 000	395 000
Total Long-Term Debt	168 000	367 000	625 000	805 000
Total Current Debt	96 000	271 000	206 000	53 000
Total Equity and Debt	1 370 000	1 521 000	1 641 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 023 000	725 000	1 228 000	690 000
Other Income	0	0	0	190 000
Revenue	1 023 000	725 000	1 228 000	880 000
Cost of Goods Sold	263 000	280 000	311 000	239 000
Salary Costs	0	0	−19 000	101 000
Depreciation	220 000	219 000	202 000	88 000
Impairment	0	0	0	0
Expenditure	704 000	608 000	665 000	726 000
Operating Profit	320 000	118 000	563 000	155 000
Financial Income	1 000	0	0	0
Financial Costs	19 000	25 000	31 000	10 000
Financial Balance	−18 000	−25 000	−31 000	−10 000
Dividends	0	0	0	0
Net Income	223 000	73 000	415 000	123 000

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	519 000	592 000	810 000	825 000
Total Tangible Assets	519 000	592 000	810 000	825 000
Total Fiancial Fixed Assets	303 000	303 000	303 000	0
Total Fixed Assets	822 000	895 000	1 113 000	825 000
Stock	237 000	209 000	38 000	0
Total Investments	0	0	0	0
Cash, Bank	193 000	194 000	477 000	392 000
Total Current Assets	548 000	626 000	528 000	428 000
Total Assets	1 370 000	1 521 000	1 641 000	1 253 000
Total Equity	1 106 000	883 000	810 000	395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	168 000	367 000	625 000	805 000
Creditors	0	0	1 000	24 000
Unpaid Taxes	3 000	0	88 000	10 000
Dividends	0	0	0	0
Other Current Debt	10 000	234 000	0	19 000
Total Current Debt	96 000	271 000	206 000	53 000
Total Equity and Debt	1 370 000	1 521 000	1 641 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,16 %	8,27 %	51,23 %	31,14 %
Debt-to-Equity Ratio	0,15	0,42	0,77	2,04
Operating Profit Margin	31,28 %	16,28 %	45,85 %	17,61 %
Current Ratio	5,71	2,31	2,56	8,08
Quick Ratio	−3,89	10,1	3,14	8,08
Equity Ratio	0,81	0,58	0,49	0,32
Gross Profit Margin	74,29 %	61,38 %	74,67 %	72,84 %