WE NORWEGIANS AS

5704 VOSS

Finances

Share Ownership

Return on Equity

4,85 %

Current Ratio

2,16

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 531 000	16 087 000	10 074 000	9 302 000
Net Income	505 000	940 000	−133 000	−2 359 000
Total Assets	29 054 000	21 757 000	15 509 000	17 049 000
Total Equity	10 406 000	9 902 000	8 961 000	6 594 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 531 000	16 087 000	10 074 000	9 302 000
Expenditure	21 317 000	14 486 000	10 463 000	12 216 000
Operating Profit	1 214 000	1 600 000	−389 000	−2 913 000
Financial Income	440 000	483 000	993 000	217 000
Financial Costs	966 000	859 000	1 027 000	328 000
Financial Balance	−526 000	−376 000	−34 000	−111 000
Earnings Before Tax	689 000	1 224 000	−423 000	−3 024 000
Tax	184 000	284 000	−290 000	−665 000
Net Income	505 000	940 000	−133 000	−2 359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 524 000	11 514 000	7 963 000	11 443 000
Total Current Assets	17 530 000	10 243 000	7 547 000	5 606 000
Total Assets	29 054 000	21 757 000	15 509 000	17 049 000
Total Retained Equity	−7 094 000	−7 598 000	−8 539 000	−8 406 000
Total Equity	10 406 000	9 902 000	8 961 000	6 594 000
Total Long-Term Debt	10 536 000	6 108 000	4 670 000	7 281 000
Total Current Debt	8 112 000	5 747 000	1 878 000	3 174 000
Total Equity and Debt	29 054 000	21 757 000	15 509 000	17 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 531 000	15 507 000	9 119 000	7 766 000
Other Income	0	580 000	955 000	1 537 000
Revenue	22 531 000	16 087 000	10 074 000	9 302 000
Cost of Goods Sold	8 704 000	6 193 000	4 676 000	5 211 000
Salary Costs	3 245 000	1 972 000	1 523 000	3 280 000
Depreciation	44 000	68 000	85 000	148 000
Impairment	0	0	0	0
Expenditure	21 317 000	14 486 000	10 463 000	12 216 000
Operating Profit	1 214 000	1 600 000	−389 000	−2 913 000
Financial Income	440 000	483 000	993 000	217 000
Financial Costs	966 000	859 000	1 027 000	328 000
Financial Balance	−526 000	−376 000	−34 000	−111 000
Dividends	0	0	0	0
Net Income	505 000	940 000	−133 000	−2 359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 714 000	1 898 000	2 181 000	1 891 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	27 000	95 000	180 000
Total Tangible Assets	57 000	27 000	95 000	180 000
Total Fiancial Fixed Assets	9 754 000	9 590 000	5 687 000	9 372 000
Total Fixed Assets	11 524 000	11 514 000	7 963 000	11 443 000
Stock	3 262 000	2 316 000	2 202 000	1 478 000
Total Investments	1 601 000	1 635 000	1 616 000	1 563 000
Cash, Bank	219 000	666 000	200 000	90 000
Total Current Assets	17 530 000	10 243 000	7 547 000	5 606 000
Total Assets	29 054 000	21 757 000	15 509 000	17 049 000
Total Equity	10 406 000	9 902 000	8 961 000	6 594 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 536 000	6 108 000	4 670 000	7 281 000
Creditors	662 000	1 322 000	574 000	1 853 000
Unpaid Taxes	304 000	422 000	236 000	386 000
Dividends	0	0	0	0
Other Current Debt	1 057 000	178 000	110 000	244 000
Total Current Debt	8 112 000	5 747 000	1 878 000	3 174 000
Total Equity and Debt	29 054 000	21 757 000	15 509 000	17 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,85 %	9,49 %	−1,48 %	−35,77 %
Debt-to-Equity Ratio	1,01	0,62	0,52	1,1
Operating Profit Margin	5,39 %	9,95 %	−3,86 %	−31,32 %
Current Ratio	2,16	1,78	4,02	1,77
Quick Ratio	3,61	2,99	−23,29	3,31
Equity Ratio	0,36	0,46	0,58	0,39
Gross Profit Margin	61,37 %	61,5 %	53,58 %	43,98 %