WAQAS AHMED AS

0371 OSLO

Finances

Return on Equity

149,17 %

Current Ratio

0,95

Debt-to-Equity Ratio

8,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 155 000	23 138 000	18 212 000	35 132 000
Net Income	179 000	−861 000	−74 000	531 000
Total Assets	3 909 000	3 518 000	2 306 000	4 230 000
Total Equity	120 000	97 000	958 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 155 000	23 138 000	18 212 000	35 132 000
Expenditure	33 873 000	23 840 000	18 605 000	34 453 000
Operating Profit	283 000	−701 000	−393 000	679 000
Financial Income	2 000	177 000	320 000	3 000
Financial Costs	133 000	467 000	21 000	1 000
Financial Balance	−131 000	−290 000	299 000	2 000
Earnings Before Tax	152 000	−992 000	−95 000	681 000
Tax	−27 000	−131 000	−21 000	150 000
Net Income	179 000	−861 000	−74 000	531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 302 000	1 472 000	918 000	1 353 000
Total Current Assets	2 606 000	2 047 000	1 388 000	2 877 000
Total Assets	3 909 000	3 518 000	2 306 000	4 230 000
Total Retained Equity	−180 000	−203 000	658 000	732 000
Total Equity	120 000	97 000	958 000	1 032 000
Total Long-Term Debt	1 050 000	1 085 000	0	744 000
Total Current Debt	2 738 000	2 337 000	1 348 000	2 455 000
Total Equity and Debt	3 909 000	3 518 000	2 306 000	4 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 388 000	22 359 000	17 285 000	34 087 000
Other Income	768 000	779 000	928 000	1 045 000
Revenue	34 155 000	23 138 000	18 212 000	35 132 000
Cost of Goods Sold	23 385 000	15 754 000	12 871 000	24 444 000
Salary Costs	4 291 000	2 549 000	2 276 000	3 277 000
Depreciation	150 000	67 000	164 000	44 000
Impairment	0	0	0	0
Expenditure	33 873 000	23 840 000	18 605 000	34 453 000
Operating Profit	283 000	−701 000	−393 000	679 000
Financial Income	2 000	177 000	320 000	3 000
Financial Costs	133 000	467 000	21 000	1 000
Financial Balance	−131 000	−290 000	299 000	2 000
Dividends	0	0	0	500 000
Net Income	179 000	−861 000	−74 000	531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	616 000	374 000	351 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	183 000	220 000	996 000
Total Tangible Assets	111 000	183 000	220 000	996 000
Total Fiancial Fixed Assets	1 185 000	673 000	325 000	6 000
Total Fixed Assets	1 302 000	1 472 000	918 000	1 353 000
Stock	646 000	621 000	503 000	826 000
Total Investments	0	0	0	0
Cash, Bank	1 098 000	839 000	363 000	1 264 000
Total Current Assets	2 606 000	2 047 000	1 388 000	2 877 000
Total Assets	3 909 000	3 518 000	2 306 000	4 230 000
Total Equity	120 000	97 000	958 000	1 032 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 050 000	1 085 000	0	744 000
Creditors	1 843 000	1 119 000	551 000	707 000
Unpaid Taxes	385 000	303 000	168 000	422 000
Dividends	0	0	0	500 000
Other Current Debt	510 000	409 000	295 000	369 000
Total Current Debt	2 738 000	2 337 000	1 348 000	2 455 000
Total Equity and Debt	3 909 000	3 518 000	2 306 000	4 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,17 %	−887,63 %	−7,72 %	51,45 %
Debt-to-Equity Ratio	8,75	11,19	0	0,72
Operating Profit Margin	0,83 %	−3,03 %	−2,16 %	1,93 %
Current Ratio	0,95	0,88	1,03	1,17
Quick Ratio	1,25	1,19	1,64	1,77
Equity Ratio	0,03	0,03	0,42	0,24
Gross Profit Margin	31,53 %	31,91 %	29,33 %	30,42 %