WAVEIT AS

2321 HAMAR

Finances

Share Ownership

Return on Equity

3,38 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	16 016 000	15 543 000	15 136 000
Net Income	113 000	1 341 000	1 032 000
Total Assets	5 416 000	5 520 000	6 741 000
Total Equity	3 342 000	3 229 000	1 888 000

Income (NOK)	2022	2021	2020
Revenue	16 016 000	15 543 000	15 136 000
Expenditure	15 789 000	14 621 000	13 367 000
Operating Profit	226 000	922 000	1 770 000
Financial Income	2 000	632 000	2 000
Financial Costs	5 000	1 000	2 000
Financial Balance	−3 000	631 000	0
Earnings Before Tax	223 000	1 553 000	1 769 000
Tax	110 000	213 000	737 000
Net Income	113 000	1 341 000	1 032 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 535 000	183 000	1 747 000
Total Current Assets	3 881 000	5 336 000	4 994 000
Total Assets	5 416 000	5 520 000	6 741 000
Total Retained Equity	153 000	40 000	0
Total Equity	3 342 000	3 229 000	1 888 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 074 000	2 291 000	4 853 000
Total Equity and Debt	5 416 000	5 520 000	6 741 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 931 000	15 487 000	15 083 000
Other Income	84 000	56 000	52 000
Revenue	16 016 000	15 543 000	15 136 000
Cost of Goods Sold	4 728 000	4 210 000	3 502 000
Salary Costs	8 412 000	8 261 000	7 229 000
Depreciation	89 000	99 000	71 000
Impairment	0	0	0
Expenditure	15 789 000	14 621 000	13 367 000
Operating Profit	226 000	922 000	1 770 000
Financial Income	2 000	632 000	2 000
Financial Costs	5 000	1 000	2 000
Financial Balance	−3 000	631 000	0
Dividends	0	0	1 500 000
Net Income	113 000	1 341 000	1 032 000

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	109 000	148 000	196 000
Total Tangible Assets	109 000	148 000	196 000
Total Fiancial Fixed Assets	1 426 000	36 000	1 551 000
Total Fixed Assets	1 535 000	183 000	1 747 000
Stock	736 000	0	0
Total Investments	0	0	0
Cash, Bank	1 842 000	3 911 000	4 071 000
Total Current Assets	3 881 000	5 336 000	4 994 000
Total Assets	5 416 000	5 520 000	6 741 000
Total Equity	3 342 000	3 229 000	1 888 000
Short-Term Group Debt	0	0	537 000
Total Long-Term Debt	0	0	0
Creditors	411 000	441 000	499 000
Unpaid Taxes	497 000	758 000	976 000
Dividends	0	0	1 500 000
Other Current Debt	1 055 000	879 000	834 000
Total Current Debt	2 074 000	2 291 000	4 853 000
Total Equity and Debt	5 416 000	5 520 000	6 741 000

Financial indicators	2022	2021	2020
Return on Equity	3,38 %	41,53 %	54,66 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	1,41 %	5,93 %	11,69 %
Current Ratio	1,87	2,33	1,03
Quick Ratio	2,9	2,33	1,03
Equity Ratio	0,62	0,58	0,28
Gross Profit Margin	70,48 %	72,91 %	76,86 %