WANG SETHOV AS

1338 SANDVIKA

Finances

Return on Equity

22,44 %

Current Ratio

30,96

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	193 000	437 000	−97 000	−79 000
Total Assets	892 000	937 000	533 000	569 000
Total Equity	860 000	667 000	450 000	547 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	28 000	15 000	15 000	172 000
Operating Profit	−28 000	−15 000	−15 000	−172 000
Financial Income	371 000	627 000	236 000	187 000
Financial Costs	155 000	193 000	254 000	95 000
Financial Balance	216 000	434 000	−18 000	92 000
Earnings Before Tax	187 000	420 000	−33 000	−79 000
Tax	−6 000	−17 000	64 000	0
Net Income	193 000	437 000	−97 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	180 000	108 000	112 000
Total Current Assets	712 000	757 000	426 000	457 000
Total Assets	892 000	937 000	533 000	569 000
Total Retained Equity	830 000	637 000	420 000	517 000
Total Equity	860 000	667 000	450 000	547 000
Total Long-Term Debt	9 000	15 000	71 000	9 000
Total Current Debt	23 000	255 000	12 000	13 000
Total Equity and Debt	892 000	937 000	533 000	569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−12 000	0	156 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	15 000	15 000	172 000
Operating Profit	−28 000	−15 000	−15 000	−172 000
Financial Income	371 000	627 000	236 000	187 000
Financial Costs	155 000	193 000	254 000	95 000
Financial Balance	216 000	434 000	−18 000	92 000
Dividends	0	220 000	0	0
Net Income	193 000	437 000	−97 000	−79 000

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	181 000	180 000	108 000	112 000
Total Fixed Assets	181 000	180 000	108 000	112 000
Stock	0	0	0	0
Total Investments	523 000	601 000	261 000	310 000
Cash, Bank	45 000	16 000	18 000	11 000
Total Current Assets	712 000	757 000	426 000	457 000
Total Assets	892 000	937 000	533 000	569 000
Total Equity	860 000	667 000	450 000	547 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	15 000	71 000	9 000
Creditors	23 000	4 000	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	220 000	0	0
Other Current Debt	0	0	12 000	12 000
Total Current Debt	23 000	255 000	12 000	13 000
Total Equity and Debt	892 000	937 000	533 000	569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,44 %	65,52 %	−21,56 %	−14,44 %
Debt-to-Equity Ratio	0,01	0,02	0,16	0,02
Operating Profit Margin	-	-	-	-
Current Ratio	30,96	2,97	35,5	35,15
Quick Ratio	30,96	2,97	35,5	35,15
Equity Ratio	0,96	0,71	0,84	0,96
Gross Profit Margin	-	-	-	-