WASHTEC BILVASK AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

33,53 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 191 000	186 438 000	122 386 000	183 761 000
Net Income	10 222 000	5 692 000	8 506 000	11 335 000
Total Assets	115 293 000	89 843 000	70 594 000	74 998 000
Total Equity	30 484 000	28 262 000	28 570 000	22 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 191 000	186 438 000	122 386 000	183 761 000
Expenditure	200 715 000	179 109 000	112 465 000	168 861 000
Operating Profit	11 477 000	7 329 000	9 921 000	14 900 000
Financial Income	2 400 000	1 201 000	1 221 000	726 000
Financial Costs	771 000	1 233 000	234 000	1 092 000
Financial Balance	1 629 000	−32 000	987 000	−366 000
Earnings Before Tax	13 105 000	7 298 000	10 908 000	14 534 000
Tax	2 884 000	1 605 000	2 402 000	3 199 000
Net Income	10 222 000	5 692 000	8 506 000	11 335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 918 000	9 432 000	7 005 000	4 366 000
Total Current Assets	103 375 000	80 411 000	63 590 000	70 632 000
Total Assets	115 293 000	89 843 000	70 594 000	74 998 000
Total Retained Equity	23 889 000	21 667 000	21 975 000	15 487 000
Total Equity	30 484 000	28 262 000	28 570 000	22 082 000
Total Long-Term Debt	4 225 000	3 367 000	2 675 000	0
Total Current Debt	80 584 000	58 214 000	39 349 000	52 916 000
Total Equity and Debt	115 293 000	89 843 000	70 594 000	74 998 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 862 000	185 223 000	121 570 000	182 143 000
Other Income	1 329 000	1 215 000	816 000	1 618 000
Revenue	212 191 000	186 438 000	122 386 000	183 761 000
Cost of Goods Sold	155 934 000	139 048 000	75 878 000	124 223 000
Salary Costs	26 522 000	24 807 000	21 697 000	26 455 000
Depreciation	2 671 000	2 550 000	2 333 000	148 000
Impairment	0	0	0	0
Expenditure	200 715 000	179 109 000	112 465 000	168 861 000
Operating Profit	11 477 000	7 329 000	9 921 000	14 900 000
Financial Income	2 400 000	1 201 000	1 221 000	726 000
Financial Costs	771 000	1 233 000	234 000	1 092 000
Financial Balance	1 629 000	−32 000	987 000	−366 000
Dividends	8 000 000	6 000 000	2 000 000	2 000 000
Net Income	10 222 000	5 692 000	8 506 000	11 335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 502 000	3 458 000	2 426 000	4 176 000
Real Eastate	2 297 000	2 185 000	0	0
Machinery and Plant Facilities	4 287 000	3 236 000	0	0
Fixtures	1 831 000	553 000	4 579 000	190 000
Total Tangible Assets	8 416 000	5 974 000	4 579 000	190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 918 000	9 432 000	7 005 000	4 366 000
Stock	11 829 000	6 122 000	7 112 000	2 533 000
Total Investments	0	0	0	0
Cash, Bank	15 100 000	10 219 000	18 406 000	11 211 000
Total Current Assets	103 375 000	80 411 000	63 590 000	70 632 000
Total Assets	115 293 000	89 843 000	70 594 000	74 998 000
Total Equity	30 484 000	28 262 000	28 570 000	22 082 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 225 000	3 367 000	2 675 000	0
Creditors	19 389 000	3 689 000	4 041 000	3 923 000
Unpaid Taxes	11 628 000	11 486 000	9 559 000	10 792 000
Dividends	8 000 000	6 000 000	2 000 000	2 000 000
Other Current Debt	38 639 000	34 402 000	21 297 000	31 257 000
Total Current Debt	80 584 000	58 214 000	39 349 000	52 916 000
Total Equity and Debt	115 293 000	89 843 000	70 594 000	74 998 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,53 %	20,14 %	29,77 %	51,33 %
Debt-to-Equity Ratio	0,14	0,12	0,09	0
Operating Profit Margin	5,41 %	3,93 %	8,11 %	8,11 %
Current Ratio	1,28	1,38	1,62	1,33
Quick Ratio	1,5	1,54	1,97	1,4
Equity Ratio	0,26	0,31	0,4	0,29
Gross Profit Margin	26,51 %	25,42 %	38 %	32,4 %