WAVELET OPTICS AS

7540 KLÆBU

Finances

Return on Equity

22,08 %

Current Ratio

9,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 397 000	1 107 000	414 000	928 000
Net Income	906 000	532 000	46 000	549 000
Total Assets	4 436 000	3 428 000	2 686 000	2 840 000
Total Equity	4 103 000	3 197 000	2 665 000	2 618 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 397 000	1 107 000	414 000	928 000
Expenditure	243 000	423 000	355 000	225 000
Operating Profit	1 154 000	683 000	59 000	703 000
Financial Income	8 000	0	0	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	8 000	−1 000	0	0
Earnings Before Tax	1 162 000	682 000	59 000	703 000
Tax	256 000	150 000	13 000	155 000
Net Income	906 000	532 000	46 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 234 000	1 084 000	1 084 000	1 084 000
Total Current Assets	3 202 000	2 344 000	1 602 000	1 756 000
Total Assets	4 436 000	3 428 000	2 686 000	2 840 000
Total Retained Equity	4 073 000	3 167 000	2 635 000	2 588 000
Total Equity	4 103 000	3 197 000	2 665 000	2 618 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	333 000	231 000	22 000	222 000
Total Equity and Debt	4 436 000	3 428 000	2 686 000	2 840 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 397 000	1 107 000	414 000	924 000
Other Income	0	0	0	4 000
Revenue	1 397 000	1 107 000	414 000	928 000
Cost of Goods Sold	4 000	197 000	0	0
Salary Costs	18 000	5 000	5 000	41 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	243 000	423 000	355 000	225 000
Operating Profit	1 154 000	683 000	59 000	703 000
Financial Income	8 000	0	0	1 000
Financial Costs	0	1 000	0	1 000
Financial Balance	8 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	906 000	532 000	46 000	549 000

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	1 234 000	1 084 000	1 084 000	1 084 000
Total Fixed Assets	1 234 000	1 084 000	1 084 000	1 084 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 552 000	2 089 000	1 571 000	1 723 000
Total Current Assets	3 202 000	2 344 000	1 602 000	1 756 000
Total Assets	4 436 000	3 428 000	2 686 000	2 840 000
Total Equity	4 103 000	3 197 000	2 665 000	2 618 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	39 000	2 000	12 000
Unpaid Taxes	71 000	38 000	4 000	49 000
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	2 000	6 000
Total Current Debt	333 000	231 000	22 000	222 000
Total Equity and Debt	4 436 000	3 428 000	2 686 000	2 840 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,08 %	16,64 %	1,73 %	20,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	82,61 %	61,7 %	14,25 %	75,75 %
Current Ratio	9,62	10,15	72,82	7,91
Quick Ratio	9,62	10,15	72,82	7,91
Equity Ratio	0,92	0,93	0,99	0,92
Gross Profit Margin	99,71 %	82,2 %	100 %	100 %