WENKES LEFSER AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

−126,32 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020
Revenue	825 000	899 000	567 000
Net Income	−48 000	52 000	124 000
Total Assets	198 000	230 000	314 000
Total Equity	38 000	86 000	154 000

Income (NOK)	2022	2021	2020
Revenue	825 000	899 000	567 000
Expenditure	872 000	832 000	412 000
Operating Profit	−47 000	68 000	156 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Earnings Before Tax	−51 000	67 000	156 000
Tax	−3 000	15 000	33 000
Net Income	−48 000	52 000	124 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	94 000	71 000	89 000
Total Current Assets	104 000	160 000	225 000
Total Assets	198 000	230 000	314 000
Total Retained Equity	8 000	56 000	124 000
Total Equity	38 000	86 000	154 000
Total Long-Term Debt	30 000	3 000	4 000
Total Current Debt	130 000	142 000	156 000
Total Equity and Debt	198 000	230 000	314 000

Cash flow (NOK)	2022	2021	2020
Sales Income	825 000	820 000	567 000
Other Income	0	79 000	0
Revenue	825 000	899 000	567 000
Cost of Goods Sold	197 000	210 000	128 000
Salary Costs	328 000	259 000	48 000
Depreciation	28 000	18 000	2 000
Impairment	0	0	0
Expenditure	872 000	832 000	412 000
Operating Profit	−47 000	68 000	156 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Dividends	0	120 000	0
Net Income	−48 000	52 000	124 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	94 000	71 000	89 000
Total Tangible Assets	94 000	71 000	89 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	94 000	71 000	89 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	99 000	157 000	220 000
Total Current Assets	104 000	160 000	225 000
Total Assets	198 000	230 000	314 000
Total Equity	38 000	86 000	154 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	30 000	3 000	4 000
Creditors	9 000	6 000	13 000
Unpaid Taxes	40 000	26 000	13 000
Dividends	0	120 000	0
Other Current Debt	80 000	94 000	102 000
Total Current Debt	130 000	142 000	156 000
Total Equity and Debt	198 000	230 000	314 000

Financial indicators	2022	2021	2020
Return on Equity	−126,32 %	60,47 %	80,52 %
Debt-to-Equity Ratio	0,79	0,03	0,03
Operating Profit Margin	−5,7 %	7,56 %	27,51 %
Current Ratio	0,8	1,13	1,44
Quick Ratio	0,8	1,13	1,44
Equity Ratio	0,19	0,37	0,49
Gross Profit Margin	76,12 %	76,64 %	77,43 %