THE WAVE AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−49,12 %

Current Ratio

10,21

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 000	131 000	93 000	128 000
Net Income	−84 000	−5 000	−60 000	−186 000
Total Assets	245 000	451 000	438 000	518 000
Total Equity	171 000	255 000	260 000	320 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 000	131 000	93 000	128 000
Expenditure	132 000	138 000	154 000	311 000
Operating Profit	−86 000	−7 000	−60 000	−182 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	0	4 000
Financial Balance	2 000	1 000	0	−4 000
Earnings Before Tax	−84 000	−5 000	−60 000	−186 000
Tax	0	0	0	0
Net Income	−84 000	−5 000	−60 000	−186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	245 000	451 000	438 000	518 000
Total Assets	245 000	451 000	438 000	518 000
Total Retained Equity	−19 000	65 000	70 000	130 000
Total Equity	171 000	255 000	260 000	320 000
Total Long-Term Debt	50 000	100 000	100 000	100 000
Total Current Debt	24 000	96 000	78 000	98 000
Total Equity and Debt	245 000	451 000	438 000	518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 000	131 000	93 000	78 000
Other Income	0	0	0	50 000
Revenue	46 000	131 000	93 000	128 000
Cost of Goods Sold	6 000	7 000	8 000	25 000
Salary Costs	82 000	78 000	64 000	43 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	132 000	138 000	154 000	311 000
Operating Profit	−86 000	−7 000	−60 000	−182 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	0	4 000
Financial Balance	2 000	1 000	0	−4 000
Dividends	0	0	0	0
Net Income	−84 000	−5 000	−60 000	−186 000

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	1 000	2 000	2 000	1 000
Total Investments	0	0	0	0
Cash, Bank	234 000	392 000	413 000	457 000
Total Current Assets	245 000	451 000	438 000	518 000
Total Assets	245 000	451 000	438 000	518 000
Total Equity	171 000	255 000	260 000	320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	100 000	100 000	100 000
Creditors	1 000	2 000	1 000	2 000
Unpaid Taxes	6 000	15 000	7 000	23 000
Dividends	0	0	0	0
Other Current Debt	18 000	80 000	70 000	74 000
Total Current Debt	24 000	96 000	78 000	98 000
Total Equity and Debt	245 000	451 000	438 000	518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,12 %	−1,96 %	−23,08 %	−58,13 %
Debt-to-Equity Ratio	0,29	0,39	0,38	0,31
Operating Profit Margin	−186,96 %	−5,34 %	−64,52 %	−142,19 %
Current Ratio	10,21	4,7	5,62	5,29
Quick Ratio	10,65	4,8	5,76	5,34
Equity Ratio	0,7	0,57	0,59	0,62
Gross Profit Margin	86,96 %	94,66 %	91,4 %	80,47 %