FRANK WAAGEN TRANSPORT AS

5354 STRAUME

Finances

Share Ownership

Return on Equity

−63,13 %

Current Ratio

1,48

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 145 000	5 714 000	4 891 000	7 291 000
Net Income	−452 000	398 000	−774 000	258 000
Total Assets	3 315 000	5 027 000	5 538 000	8 174 000
Total Equity	716 000	1 168 000	770 000	1 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 145 000	5 714 000	4 891 000	7 291 000
Expenditure	7 483 000	5 173 000	5 678 000	6 839 000
Operating Profit	−339 000	542 000	−788 000	453 000
Financial Income	12 000	19 000	14 000	6 000
Financial Costs	79 000	76 000	156 000	128 000
Financial Balance	−67 000	−57 000	−142 000	−122 000
Earnings Before Tax	−407 000	485 000	−930 000	331 000
Tax	45 000	87 000	−156 000	74 000
Net Income	−452 000	398 000	−774 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	981 000	2 438 000	3 778 000	5 275 000
Total Current Assets	2 334 000	2 590 000	1 761 000	2 899 000
Total Assets	3 315 000	5 027 000	5 538 000	8 174 000
Total Retained Equity	686 000	1 138 000	740 000	1 520 000
Total Equity	716 000	1 168 000	770 000	1 544 000
Total Long-Term Debt	1 024 000	2 483 000	3 730 000	5 144 000
Total Current Debt	1 574 000	1 376 000	1 038 000	1 487 000
Total Equity and Debt	3 315 000	5 027 000	5 538 000	8 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 930 000	5 365 000	4 742 000	7 291 000
Other Income	215 000	350 000	149 000	0
Revenue	7 145 000	5 714 000	4 891 000	7 291 000
Cost of Goods Sold	93 000	38 000	461 000	131 000
Salary Costs	2 409 000	1 842 000	1 767 000	2 307 000
Depreciation	972 000	1 262 000	1 391 000	1 147 000
Impairment	0	0	0	0
Expenditure	7 483 000	5 173 000	5 678 000	6 839 000
Operating Profit	−339 000	542 000	−788 000	453 000
Financial Income	12 000	19 000	14 000	6 000
Financial Costs	79 000	76 000	156 000	128 000
Financial Balance	−67 000	−57 000	−142 000	−122 000
Dividends	0	0	0	0
Net Income	−452 000	398 000	−774 000	258 000

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	940 000	2 408 000	3 778 000	5 275 000
Fixtures	41 000	30 000	0	0
Total Tangible Assets	981 000	2 437 000	3 778 000	5 275 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	981 000	2 438 000	3 778 000	5 275 000
Stock	0	0	0	−27 000
Total Investments	0	0	0	0
Cash, Bank	1 269 000	1 672 000	751 000	1 444 000
Total Current Assets	2 334 000	2 590 000	1 761 000	2 899 000
Total Assets	3 315 000	5 027 000	5 538 000	8 174 000
Total Equity	716 000	1 168 000	770 000	1 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 024 000	2 483 000	3 730 000	5 144 000
Creditors	244 000	111 000	29 000	102 000
Unpaid Taxes	180 000	351 000	278 000	558 000
Dividends	0	0	0	0
Other Current Debt	1 105 000	820 000	732 000	720 000
Total Current Debt	1 574 000	1 376 000	1 038 000	1 487 000
Total Equity and Debt	3 315 000	5 027 000	5 538 000	8 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,13 %	34,08 %	−100,52 %	16,71 %
Debt-to-Equity Ratio	1,43	2,13	4,84	3,33
Operating Profit Margin	−4,74 %	9,49 %	−16,11 %	6,21 %
Current Ratio	1,48	1,88	1,7	1,95
Quick Ratio	1,48	1,88	1,7	1,91
Equity Ratio	0,22	0,23	0,14	0,19
Gross Profit Margin	98,7 %	99,33 %	90,57 %	98,2 %