WAKANDI GROUP AS

3115 TØNSBERG

Finances

Return on Equity

−258,24 %

Current Ratio

3,25

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	1 515 000	93 000	1 007 000
Net Income	−35 528 000	−19 710 000	−5 276 000	−4 254 000
Total Assets	46 268 000	37 181 000	18 041 000	13 318 000
Total Equity	13 758 000	29 286 000	13 618 000	−1 959 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	1 515 000	93 000	1 007 000
Expenditure	35 465 000	21 160 000	5 188 000	5 276 000
Operating Profit	−35 401 000	−19 646 000	−5 096 000	−4 270 000
Financial Income	29 000	20 000	0	16 000
Financial Costs	157 000	84 000	180 000	0
Financial Balance	−128 000	−64 000	−180 000	16 000
Earnings Before Tax	−35 528 000	−19 710 000	−5 276 000	−4 254 000
Tax	0	0	0	0
Net Income	−35 528 000	−19 710 000	−5 276 000	−4 254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 676 000	13 850 000	1 177 000	630 000
Total Current Assets	26 592 000	23 331 000	16 863 000	12 688 000
Total Assets	46 268 000	37 181 000	18 041 000	13 318 000
Total Retained Equity	0	−29 644 000	−9 935 000	−4 659 000
Total Equity	13 758 000	29 286 000	13 618 000	−1 959 000
Total Long-Term Debt	24 331 000	5 400 000	2 400 000	11 653 000
Total Current Debt	8 178 000	2 494 000	2 023 000	3 624 000
Total Equity and Debt	46 268 000	37 181 000	18 041 000	13 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 000	1 515 000	93 000	325 000
Other Income	2 000	0	0	682 000
Revenue	64 000	1 515 000	93 000	1 007 000
Cost of Goods Sold	9 926 000	3 632 000	391 000	3 080 000
Salary Costs	5 529 000	3 232 000	2 913 000	842 000
Depreciation	4 179 000	0	0	0
Impairment	0	0	0	0
Expenditure	35 465 000	21 160 000	5 188 000	5 276 000
Operating Profit	−35 401 000	−19 646 000	−5 096 000	−4 270 000
Financial Income	29 000	20 000	0	16 000
Financial Costs	157 000	84 000	180 000	0
Financial Balance	−128 000	−64 000	−180 000	16 000
Dividends	0	0	0	0
Net Income	−35 528 000	−19 710 000	−5 276 000	−4 254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 156 000	12 536 000	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	2 520 000	1 314 000	1 177 000	630 000
Total Fixed Assets	19 676 000	13 850 000	1 177 000	630 000
Stock	0	0	12 536 000	9 720 000
Total Investments	0	0	0	0
Cash, Bank	1 124 000	8 373 000	3 872 000	1 988 000
Total Current Assets	26 592 000	23 331 000	16 863 000	12 688 000
Total Assets	46 268 000	37 181 000	18 041 000	13 318 000
Total Equity	13 758 000	29 286 000	13 618 000	−1 959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 331 000	5 400 000	2 400 000	11 653 000
Creditors	7 092 000	1 193 000	1 399 000	3 331 000
Unpaid Taxes	507 000	228 000	369 000	162 000
Dividends	0	0	0	0
Other Current Debt	579 000	1 074 000	254 000	132 000
Total Current Debt	8 178 000	2 494 000	2 023 000	3 624 000
Total Equity and Debt	46 268 000	37 181 000	18 041 000	13 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−258,24 %	−67,3 %	−38,74 %	217,15 %
Debt-to-Equity Ratio	1,77	0,18	0,18	−5,95
Operating Profit Margin	−55 314,06 %	−1 296,77 %	−5 479,57 %	−424,03 %
Current Ratio	3,25	9,35	8,34	3,5
Quick Ratio	3,25	9,35	−1,6	−2,08
Equity Ratio	0,3	0,79	0,75	−0,15
Gross Profit Margin	−15 409,38 %	−139,74 %	−320,43 %	−205,86 %