WANG HANDEL AS

3046 DRAMMEN

Finances

Share Ownership

Return on Equity

−1,96 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 936 000	1 659 000	865 000	1 465 000
Net Income	−2 000	−28 000	−7 000	36 000
Total Assets	308 000	170 000	205 000	183 000
Total Equity	102 000	105 000	132 000	140 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 936 000	1 659 000	865 000	1 465 000
Expenditure	1 939 000	1 688 000	873 000	1 419 000
Operating Profit	−2 000	−29 000	−7 000	46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−2 000	−29 000	−7 000	46 000
Tax	0	−2 000	0	10 000
Net Income	−2 000	−28 000	−7 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	308 000	170 000	205 000	183 000
Total Assets	308 000	170 000	205 000	183 000
Total Retained Equity	78 000	80 000	108 000	115 000
Total Equity	102 000	105 000	132 000	140 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	206 000	66 000	72 000	43 000
Total Equity and Debt	308 000	170 000	205 000	183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 831 000	1 567 000	698 000	1 384 000
Other Income	106 000	92 000	167 000	81 000
Revenue	1 936 000	1 659 000	865 000	1 465 000
Cost of Goods Sold	1 533 000	1 254 000	576 000	1 300 000
Salary Costs	239 000	182 000	172 000	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 939 000	1 688 000	873 000	1 419 000
Operating Profit	−2 000	−29 000	−7 000	46 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−2 000	−28 000	−7 000	36 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	195 000	0	51 000	43 000
Total Investments	0	0	0	0
Cash, Bank	95 000	158 000	152 000	110 000
Total Current Assets	308 000	170 000	205 000	183 000
Total Assets	308 000	170 000	205 000	183 000
Total Equity	102 000	105 000	132 000	140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	30 000	49 000	28 000
Unpaid Taxes	20 000	17 000	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	129 000	19 000	19 000	0
Total Current Debt	206 000	66 000	72 000	43 000
Total Equity and Debt	308 000	170 000	205 000	183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,96 %	−26,67 %	−5,3 %	25,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,1 %	−1,75 %	−0,81 %	3,14 %
Current Ratio	1,5	2,58	2,85	4,26
Quick Ratio	28	2,58	9,76	-
Equity Ratio	0,33	0,62	0,64	0,77
Gross Profit Margin	20,82 %	24,41 %	33,41 %	11,26 %