WALSTAD MASKINSERVICE AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

9,68 %

Current Ratio

2,51

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 752 000	2 010 000	1 827 000	1 387 000
Net Income	79 000	185 000	69 000	28 000
Total Assets	1 164 000	1 114 000	1 059 000	818 000
Total Equity	816 000	736 000	551 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 752 000	2 010 000	1 827 000	1 387 000
Expenditure	1 651 000	1 774 000	1 739 000	1 357 000
Operating Profit	101 000	238 000	89 000	30 000
Financial Income	5 000	5 000	6 000	5 000
Financial Costs	3 000	3 000	4 000	3 000
Financial Balance	2 000	2 000	2 000	2 000
Earnings Before Tax	103 000	240 000	91 000	32 000
Tax	24 000	55 000	21 000	4 000
Net Income	79 000	185 000	69 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 000	242 000	185 000	120 000
Total Current Assets	817 000	872 000	874 000	698 000
Total Assets	1 164 000	1 114 000	1 059 000	818 000
Total Retained Equity	716 000	636 000	451 000	382 000
Total Equity	816 000	736 000	551 000	482 000
Total Long-Term Debt	22 000	13 000	11 000	4 000
Total Current Debt	326 000	365 000	496 000	332 000
Total Equity and Debt	1 164 000	1 114 000	1 059 000	818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 692 000	2 010 000	1 827 000	1 348 000
Other Income	61 000	0	0	39 000
Revenue	1 752 000	2 010 000	1 827 000	1 387 000
Cost of Goods Sold	202 000	310 000	351 000	215 000
Salary Costs	901 000	845 000	802 000	789 000
Depreciation	49 000	18 000	13 000	8 000
Impairment	0	0	0	0
Expenditure	1 651 000	1 774 000	1 739 000	1 357 000
Operating Profit	101 000	238 000	89 000	30 000
Financial Income	5 000	5 000	6 000	5 000
Financial Costs	3 000	3 000	4 000	3 000
Financial Balance	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Net Income	79 000	185 000	69 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	214 000	147 000	108 000	120 000
Total Tangible Assets	214 000	147 000	108 000	120 000
Total Fiancial Fixed Assets	133 000	95 000	77 000	0
Total Fixed Assets	347 000	242 000	185 000	120 000
Stock	245 000	218 000	212 000	361 000
Total Investments	0	0	0	0
Cash, Bank	268 000	416 000	258 000	64 000
Total Current Assets	817 000	872 000	874 000	698 000
Total Assets	1 164 000	1 114 000	1 059 000	818 000
Total Equity	816 000	736 000	551 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	13 000	11 000	4 000
Creditors	83 000	103 000	96 000	72 000
Unpaid Taxes	142 000	130 000	170 000	111 000
Dividends	0	0	0	0
Other Current Debt	87 000	80 000	215 000	149 000
Total Current Debt	326 000	365 000	496 000	332 000
Total Equity and Debt	1 164 000	1 114 000	1 059 000	818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,68 %	25,14 %	12,52 %	5,81 %
Debt-to-Equity Ratio	0,03	0,02	0,02	0,01
Operating Profit Margin	5,76 %	11,84 %	4,87 %	2,16 %
Current Ratio	2,51	2,39	1,76	2,1
Quick Ratio	10,09	5,93	3,08	−24,07
Equity Ratio	0,7	0,66	0,52	0,59
Gross Profit Margin	88,47 %	84,58 %	80,79 %	84,5 %