WYTECH AS

0754 OSLO

Finances

Share Ownership

Return on Equity

62,05 %

Current Ratio

2,1

Debt-to-Equity Ratio

1,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	683 000	384 000	250 000	286 000
Net Income	139 000	−66 000	32 000	30 000
Total Assets	850 000	662 000	763 000	225 000
Total Equity	224 000	84 000	150 000	118 000

Income (NOK)	2022	2021	2020	2019
Revenue	683 000	384 000	250 000	286 000
Expenditure	488 000	443 000	202 000	250 000
Operating Profit	195 000	−60 000	47 000	36 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	6 000	0
Financial Balance	−15 000	−6 000	−6 000	0
Earnings Before Tax	179 000	−66 000	41 000	37 000
Tax	40 000	0	9 000	7 000
Net Income	139 000	−66 000	32 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	235 000	350 000	506 000	0
Total Current Assets	614 000	312 000	257 000	225 000
Total Assets	850 000	662 000	763 000	225 000
Total Retained Equity	194 000	54 000	120 000	88 000
Total Equity	224 000	84 000	150 000	118 000
Total Long-Term Debt	333 000	387 000	445 000	0
Total Current Debt	293 000	190 000	168 000	107 000
Total Equity and Debt	850 000	662 000	763 000	225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	683 000	241 000	250 000	286 000
Other Income	0	143 000	0	0
Revenue	683 000	384 000	250 000	286 000
Cost of Goods Sold	0	146 000	0	207 000
Salary Costs	171 000	83 000	0	0
Depreciation	114 000	121 000	126 000	0
Impairment	0	0	0	0
Expenditure	488 000	443 000	202 000	250 000
Operating Profit	195 000	−60 000	47 000	36 000
Financial Income	0	0	0	0
Financial Costs	15 000	6 000	6 000	0
Financial Balance	−15 000	−6 000	−6 000	0
Dividends	0	0	0	0
Net Income	139 000	−66 000	32 000	30 000

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	235 000	350 000	506 000	0
Total Tangible Assets	235 000	350 000	506 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	235 000	350 000	506 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	312 000	103 000	225 000
Total Current Assets	614 000	312 000	257 000	225 000
Total Assets	850 000	662 000	763 000	225 000
Total Equity	224 000	84 000	150 000	118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	387 000	445 000	0
Creditors	20 000	63 000	8 000	−5 000
Unpaid Taxes	190 000	57 000	54 000	17 000
Dividends	0	0	0	0
Other Current Debt	42 000	69 000	96 000	88 000
Total Current Debt	293 000	190 000	168 000	107 000
Total Equity and Debt	850 000	662 000	763 000	225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,05 %	−78,57 %	21,33 %	25,42 %
Debt-to-Equity Ratio	1,49	4,61	2,97	0
Operating Profit Margin	28,55 %	−15,63 %	18,8 %	12,59 %
Current Ratio	2,1	1,64	1,53	2,1
Quick Ratio	2,1	1,64	1,53	2,1
Equity Ratio	0,26	0,13	0,2	0,52
Gross Profit Margin	100 %	61,98 %	100 %	27,62 %