WOLFTECH BROADCAST SOLUTIONS AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

−123,2 %

Current Ratio

2,24

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 124 000	18 079 000	10 950 000	11 843 000
Net Income	−9 049 000	−7 100 000	−10 634 000	−8 863 000
Total Assets	28 959 000	27 095 000	21 684 000	16 910 000
Total Equity	7 345 000	7 580 000	4 826 000	1 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 124 000	18 079 000	10 950 000	11 843 000
Expenditure	36 304 000	26 777 000	24 810 000	22 580 000
Operating Profit	−11 180 000	−8 698 000	−13 860 000	−10 737 000
Financial Income	1 256 000	657 000	534 000	89 000
Financial Costs	2 313 000	1 661 000	692 000	817 000
Financial Balance	−1 057 000	−1 004 000	−158 000	−728 000
Earnings Before Tax	−12 237 000	−9 702 000	−14 018 000	−11 466 000
Tax	−3 188 000	−2 602 000	−3 384 000	−2 602 000
Net Income	−9 049 000	−7 100 000	−10 634 000	−8 863 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 107 000	589 000	717 000	100 000
Total Current Assets	27 853 000	26 505 000	20 967 000	16 810 000
Total Assets	28 959 000	27 095 000	21 684 000	16 910 000
Total Retained Equity	0	0	0	0
Total Equity	7 345 000	7 580 000	4 826 000	1 303 000
Total Long-Term Debt	9 187 000	9 202 000	9 211 000	9 187 000
Total Current Debt	12 427 000	10 313 000	7 648 000	6 421 000
Total Equity and Debt	28 959 000	27 095 000	21 684 000	16 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 124 000	18 079 000	10 950 000	11 843 000
Other Income	0	0	0	0
Revenue	25 124 000	18 079 000	10 950 000	11 843 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 704 000	18 498 000	18 803 000	15 764 000
Depreciation	168 000	167 000	43 000	0
Impairment	0	0	0	0
Expenditure	36 304 000	26 777 000	24 810 000	22 580 000
Operating Profit	−11 180 000	−8 698 000	−13 860 000	−10 737 000
Financial Income	1 256 000	657 000	534 000	89 000
Financial Costs	2 313 000	1 661 000	692 000	817 000
Financial Balance	−1 057 000	−1 004 000	−158 000	−728 000
Dividends	0	0	0	0
Net Income	−9 049 000	−7 100 000	−10 634 000	−8 863 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	686 000	0	0	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	421 000	589 000	717 000	0
Total Tangible Assets	421 000	589 000	717 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 107 000	589 000	717 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	5 099 000	0	1 800 000
Total Current Assets	27 853 000	26 505 000	20 967 000	16 810 000
Total Assets	28 959 000	27 095 000	21 684 000	16 910 000
Total Equity	7 345 000	7 580 000	4 826 000	1 303 000
Short-Term Group Debt	453 000	290 000	0	0
Total Long-Term Debt	9 187 000	9 202 000	9 211 000	9 187 000
Creditors	1 063 000	1 172 000	519 000	263 000
Unpaid Taxes	1 144 000	1 402 000	1 430 000	1 235 000
Dividends	0	0	0	0
Other Current Debt	9 768 000	7 263 000	5 191 000	4 822 000
Total Current Debt	12 427 000	10 313 000	7 648 000	6 421 000
Total Equity and Debt	28 959 000	27 095 000	21 684 000	16 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−123,2 %	−93,67 %	−220,35 %	−680,2 %
Debt-to-Equity Ratio	1,25	1,21	1,91	7,05
Operating Profit Margin	−44,5 %	−48,11 %	−126,58 %	−90,66 %
Current Ratio	2,24	2,57	2,74	2,62
Quick Ratio	2,24	2,57	2,74	2,62
Equity Ratio	0,25	0,28	0,22	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %