WIDSITH ENTERTAINMENT AS

5119 ULSET

Finances

Share Ownership

Return on Equity

42,2 %

Current Ratio

0,06

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	−17 000	212 000	336 000
Net Income	−1 212 000	−390 000	−734 000	−595 000
Total Assets	65 000	719 000	734 000	440 000
Total Equity	−2 872 000	−952 000	−562 000	−1 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	−17 000	212 000	336 000
Expenditure	1 025 000	437 000	1 095 000	1 097 000
Operating Profit	−1 026 000	−455 000	−883 000	−761 000
Financial Income	0	0	0	0
Financial Costs	186 000	44 000	58 000	0
Financial Balance	−186 000	−44 000	−58 000	0
Earnings Before Tax	−1 212 000	−500 000	−941 000	−761 000
Tax	0	−110 000	−207 000	−166 000
Net Income	−1 212 000	−390 000	−734 000	−595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	708 000	598 000	406 000
Total Current Assets	65 000	12 000	136 000	34 000
Total Assets	65 000	719 000	734 000	440 000
Total Retained Equity	−4 507 000	−2 587 000	−2 197 000	−1 463 000
Total Equity	−2 872 000	−952 000	−562 000	−1 363 000
Total Long-Term Debt	1 758 000	1 645 000	1 236 000	1 580 000
Total Current Debt	1 179 000	26 000	60 000	223 000
Total Equity and Debt	65 000	719 000	734 000	440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	188 000	336 000
Other Income	0	−17 000	24 000	0
Revenue	0	−17 000	212 000	336 000
Cost of Goods Sold	154 000	72 000	346 000	77 000
Salary Costs	523 000	163 000	386 000	464 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 025 000	437 000	1 095 000	1 097 000
Operating Profit	−1 026 000	−455 000	−883 000	−761 000
Financial Income	0	0	0	0
Financial Costs	186 000	44 000	58 000	0
Financial Balance	−186 000	−44 000	−58 000	0
Dividends	0	0	0	0
Net Income	−1 212 000	−390 000	−734 000	−595 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	708 000	598 000	391 000
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	15 000
Total Fixed Assets	0	708 000	598 000	406 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 000	6 000	130 000	25 000
Total Current Assets	65 000	12 000	136 000	34 000
Total Assets	65 000	719 000	734 000	440 000
Total Equity	−2 872 000	−952 000	−562 000	−1 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 758 000	1 645 000	1 236 000	1 580 000
Creditors	18 000	37 000	9 000	13 000
Unpaid Taxes	45 000	−21 000	14 000	−3 000
Dividends	0	0	0	0
Other Current Debt	1 115 000	17 000	36 000	63 000
Total Current Debt	1 179 000	26 000	60 000	223 000
Total Equity and Debt	65 000	719 000	734 000	440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,2 %	40,97 %	130,6 %	43,65 %
Debt-to-Equity Ratio	−0,61	−1,73	−2,2	−1,16
Operating Profit Margin	-	2 676,47 %	−416,51 %	−226,49 %
Current Ratio	0,06	0,46	2,27	0,15
Quick Ratio	0,06	0,46	2,27	0,15
Equity Ratio	−44,18	−1,32	−0,77	−3,1
Gross Profit Margin	-	523,53 %	−63,21 %	77,08 %