WIRE GROUP AS

4014 STAVANGER

Finances

Return on Equity

−3,21 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 000	21 000	10 000	74 000
Net Income	−63 000	1 004 000	4 013 000	4 802 000
Total Assets	4 575 000	4 451 000	7 995 000	8 187 000
Total Equity	1 965 000	2 028 000	2 559 000	6 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 000	21 000	10 000	74 000
Expenditure	219 000	16 000	402 000	42 000
Operating Profit	−142 000	5 000	−393 000	32 000
Financial Income	79 000	1 000 000	4 410 000	5 000 000
Financial Costs	0	0	1 000	0
Financial Balance	79 000	1 000 000	4 409 000	5 000 000
Earnings Before Tax	−63 000	1 005 000	4 017 000	5 032 000
Tax	0	1 000	4 000	229 000
Net Income	−63 000	1 004 000	4 013 000	4 802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 027 000	1 710 000	1 848 000	2 170 000
Total Current Assets	2 548 000	2 741 000	6 147 000	6 017 000
Total Assets	4 575 000	4 451 000	7 995 000	8 187 000
Total Retained Equity	1 853 000	1 917 000	2 448 000	6 434 000
Total Equity	1 965 000	2 028 000	2 559 000	6 546 000
Total Long-Term Debt	0	0	80 000	80 000
Total Current Debt	2 610 000	2 422 000	5 356 000	1 562 000
Total Equity and Debt	4 575 000	4 451 000	7 995 000	8 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	77 000	21 000	10 000	74 000
Revenue	77 000	21 000	10 000	74 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	29 000	0	331 000	0
Impairment	0	0	0	0
Expenditure	219 000	16 000	402 000	42 000
Operating Profit	−142 000	5 000	−393 000	32 000
Financial Income	79 000	1 000 000	4 410 000	5 000 000
Financial Costs	0	0	1 000	0
Financial Balance	79 000	1 000 000	4 409 000	5 000 000
Dividends	0	1 500 000	4 000 000	0
Net Income	−63 000	1 004 000	4 013 000	4 802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 600 000	1 600 000	1 600 000	1 931 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	317 000	0	0	0
Total Tangible Assets	1 917 000	1 600 000	1 600 000	1 931 000
Total Fiancial Fixed Assets	110 000	110 000	248 000	239 000
Total Fixed Assets	2 027 000	1 710 000	1 848 000	2 170 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 548 000	1 733 000	1 729 000	1 017 000
Total Current Assets	2 548 000	2 741 000	6 147 000	6 017 000
Total Assets	4 575 000	4 451 000	7 995 000	8 187 000
Total Equity	1 965 000	2 028 000	2 559 000	6 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	80 000	80 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 500 000	4 000 000	0
Other Current Debt	2 610 000	921 000	1 355 000	1 335 000
Total Current Debt	2 610 000	2 422 000	5 356 000	1 562 000
Total Equity and Debt	4 575 000	4 451 000	7 995 000	8 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,21 %	49,51 %	156,82 %	73,36 %
Debt-to-Equity Ratio	0	0	0,03	0,01
Operating Profit Margin	−184,42 %	23,81 %	−3 930 %	43,24 %
Current Ratio	0,98	1,13	1,15	3,85
Quick Ratio	0,98	1,13	1,15	3,85
Equity Ratio	0,43	0,46	0,32	0,8
Gross Profit Margin	100 %	100 %	100 %	100 %