WIDECON AS

5470 ROSENDAL

Finances

Share Ownership

Return on Equity

−46,15 %

Current Ratio

7,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	270 000	488 000	402 000	403 000
Net Income	−102 000	150 000	41 000	103 000
Total Assets	256 000	411 000	216 000	144 000
Total Equity	221 000	323 000	174 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	270 000	488 000	402 000	403 000
Expenditure	372 000	296 000	350 000	300 000
Operating Profit	−102 000	192 000	52 000	103 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−102 000	192 000	52 000	103 000
Tax	0	42 000	12 000	0
Net Income	−102 000	150 000	41 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	256 000	411 000	216 000	144 000
Total Assets	256 000	411 000	216 000	144 000
Total Retained Equity	191 000	293 000	144 000	103 000
Total Equity	221 000	323 000	174 000	133 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	88 000	42 000	11 000
Total Equity and Debt	256 000	411 000	216 000	144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	268 000	488 000	402 000	402 000
Other Income	2 000	0	0	1 000
Revenue	270 000	488 000	402 000	403 000
Cost of Goods Sold	296 000	212 000	269 000	229 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	372 000	296 000	350 000	300 000
Operating Profit	−102 000	192 000	52 000	103 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−102 000	150 000	41 000	103 000

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	21 000	161 000	98 000	26 000
Total Investments	0	0	0	0
Cash, Bank	210 000	223 000	113 000	89 000
Total Current Assets	256 000	411 000	216 000	144 000
Total Assets	256 000	411 000	216 000	144 000
Total Equity	221 000	323 000	174 000	133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	8 000	31 000	11 000
Unpaid Taxes	15 000	38 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	34 000	88 000	42 000	11 000
Total Equity and Debt	256 000	411 000	216 000	144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,15 %	46,44 %	23,56 %	77,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,78 %	39,34 %	12,94 %	25,56 %
Current Ratio	7,53	4,67	5,14	13,09
Quick Ratio	19,69	−5,63	−3,86	−9,6
Equity Ratio	0,86	0,79	0,81	0,92
Gross Profit Margin	−9,63 %	56,56 %	33,08 %	43,18 %