WENNSTROM SOLUTIONS & SERVICE AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

37,27 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 865 000	217 436 000	190 920 000	132 935 000
Net Income	9 485 000	9 612 000	540 000	6 598 000
Total Assets	92 014 000	80 455 000	82 932 000	51 283 000
Total Equity	25 450 000	25 445 000	27 233 000	15 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 865 000	217 436 000	190 920 000	132 935 000
Expenditure	207 619 000	204 326 000	188 189 000	123 528 000
Operating Profit	13 246 000	13 110 000	2 731 000	9 407 000
Financial Income	18 000	5 000	6 000	3 000
Financial Costs	1 253 000	783 000	2 037 000	797 000
Financial Balance	−1 235 000	−778 000	−2 031 000	−794 000
Earnings Before Tax	12 010 000	12 332 000	700 000	8 613 000
Tax	2 526 000	2 720 000	160 000	2 015 000
Net Income	9 485 000	9 612 000	540 000	6 598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 571 000	3 211 000	6 162 000	1 722 000
Total Current Assets	88 443 000	77 244 000	76 770 000	49 561 000
Total Assets	92 014 000	80 455 000	82 932 000	51 283 000
Total Retained Equity	23 450 000	23 445 000	25 233 000	13 024 000
Total Equity	25 450 000	25 445 000	27 233 000	15 024 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 564 000	55 009 000	55 698 000	36 259 000
Total Equity and Debt	92 014 000	80 455 000	82 932 000	51 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 735 000	217 341 000	190 862 000	132 918 000
Other Income	131 000	95 000	58 000	16 000
Revenue	220 865 000	217 436 000	190 920 000	132 935 000
Cost of Goods Sold	96 702 000	93 448 000	83 234 000	52 000 000
Salary Costs	74 072 000	76 984 000	68 934 000	51 789 000
Depreciation	144 000	179 000	188 000	22 000
Impairment	0	0	0	0
Expenditure	207 619 000	204 326 000	188 189 000	123 528 000
Operating Profit	13 246 000	13 110 000	2 731 000	9 407 000
Financial Income	18 000	5 000	6 000	3 000
Financial Costs	1 253 000	783 000	2 037 000	797 000
Financial Balance	−1 235 000	−778 000	−2 031 000	−794 000
Dividends	0	11 400 000	0	5 000 000
Net Income	9 485 000	9 612 000	540 000	6 598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 337 000	2 958 000	5 677 000	1 697 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	37 000	0	0	0
Fixtures	198 000	253 000	485 000	26 000
Total Tangible Assets	235 000	253 000	485 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 571 000	3 211 000	6 162 000	1 722 000
Stock	24 620 000	28 849 000	32 506 000	18 175 000
Total Investments	0	0	0	0
Cash, Bank	6 315 000	3 233 000	5 680 000	7 786 000
Total Current Assets	88 443 000	77 244 000	76 770 000	49 561 000
Total Assets	92 014 000	80 455 000	82 932 000	51 283 000
Total Equity	25 450 000	25 445 000	27 233 000	15 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 285 000	15 582 000	22 484 000	8 306 000
Unpaid Taxes	13 711 000	12 878 000	13 826 000	11 354 000
Dividends	0	11 400 000	0	5 000 000
Other Current Debt	19 707 000	22 495 000	18 147 000	10 358 000
Total Current Debt	66 564 000	55 009 000	55 698 000	36 259 000
Total Equity and Debt	92 014 000	80 455 000	82 932 000	51 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,27 %	37,78 %	1,98 %	43,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6 %	6,03 %	1,43 %	7,08 %
Current Ratio	1,33	1,4	1,38	1,37
Quick Ratio	2,11	2,95	3,31	2,74
Equity Ratio	0,28	0,32	0,33	0,29
Gross Profit Margin	56,22 %	57,02 %	56,4 %	60,88 %