WIDENORTH AS

1366 LYSAKER

Finances

Return on Equity

24,52 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 279 000	29 733 000	25 128 000	24 843 000
Net Income	1 658 000	205 000	442 000	804 000
Total Assets	42 032 000	25 693 000	17 855 000	14 835 000
Total Equity	6 761 000	5 878 000	5 673 000	5 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 279 000	29 733 000	25 128 000	24 843 000
Expenditure	28 309 000	29 307 000	24 512 000	23 752 000
Operating Profit	1 970 000	426 000	616 000	1 090 000
Financial Income	308 000	54 000	91 000	50 000
Financial Costs	286 000	322 000	293 000	195 000
Financial Balance	22 000	−268 000	−202 000	−145 000
Earnings Before Tax	1 991 000	158 000	413 000	945 000
Tax	334 000	−46 000	−28 000	141 000
Net Income	1 658 000	205 000	442 000	804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 245 000	2 234 000	1 741 000	1 188 000
Total Current Assets	38 787 000	23 459 000	16 114 000	13 647 000
Total Assets	42 032 000	25 693 000	17 855 000	14 835 000
Total Retained Equity	6 296 000	5 438 000	5 234 000	4 792 000
Total Equity	6 761 000	5 878 000	5 673 000	5 182 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 272 000	19 815 000	12 181 000	9 654 000
Total Equity and Debt	42 032 000	25 693 000	17 855 000	14 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 279 000	29 733 000	25 128 000	24 843 000
Other Income	0	0	0	0
Revenue	30 279 000	29 733 000	25 128 000	24 843 000
Cost of Goods Sold	10 029 000	10 323 000	6 125 000	8 233 000
Salary Costs	15 137 000	12 858 000	12 948 000	9 363 000
Depreciation	645 000	462 000	405 000	258 000
Impairment	0	0	0	0
Expenditure	28 309 000	29 307 000	24 512 000	23 752 000
Operating Profit	1 970 000	426 000	616 000	1 090 000
Financial Income	308 000	54 000	91 000	50 000
Financial Costs	286 000	322 000	293 000	195 000
Financial Balance	22 000	−268 000	−202 000	−145 000
Dividends	800 000	0	0	0
Net Income	1 658 000	205 000	442 000	804 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	561 000	665 000	197 000	425 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 684 000	1 570 000	1 544 000	763 000
Total Tangible Assets	2 684 000	1 570 000	1 544 000	763 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 245 000	2 234 000	1 741 000	1 188 000
Stock	5 172 000	1 396 000	508 000	1 808 000
Total Investments	0	0	0	0
Cash, Bank	27 465 000	17 934 000	11 649 000	7 134 000
Total Current Assets	38 787 000	23 459 000	16 114 000	13 647 000
Total Assets	42 032 000	25 693 000	17 855 000	14 835 000
Total Equity	6 761 000	5 878 000	5 673 000	5 182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 004 000	2 807 000	1 270 000	2 520 000
Unpaid Taxes	1 268 000	1 020 000	1 318 000	1 097 000
Dividends	800 000	0	0	0
Other Current Debt	29 969 000	15 567 000	9 593 000	5 813 000
Total Current Debt	35 272 000	19 815 000	12 181 000	9 654 000
Total Equity and Debt	42 032 000	25 693 000	17 855 000	14 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,52 %	3,49 %	7,79 %	15,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,51 %	1,43 %	2,45 %	4,39 %
Current Ratio	1,1	1,18	1,32	1,41
Quick Ratio	1,29	1,27	1,38	1,74
Equity Ratio	0,16	0,23	0,32	0,35
Gross Profit Margin	66,88 %	65,28 %	75,62 %	66,86 %