WIRECUT NORDIC DRIFT AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

62,25 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 652 000	9 719 000	6 982 000	30 000
Net Income	−1 141 000	−6 000	−715 000	30 000
Total Assets	739 000	1 523 000	2 043 000	0
Total Equity	−1 833 000	−691 000	−685 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	8 652 000	9 719 000	6 982 000	30 000
Expenditure	9 774 000	9 678 000	7 693 000	0
Operating Profit	−1 123 000	41 000	−710 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	20 000	47 000	1 000	0
Financial Balance	−19 000	−47 000	−1 000	0
Earnings Before Tax	−1 141 000	−6 000	−711 000	30 000
Tax	0	0	4 000	0
Net Income	−1 141 000	−6 000	−715 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	12 000	76 000	0
Total Current Assets	688 000	1 511 000	1 967 000	0
Total Assets	739 000	1 523 000	2 043 000	0
Total Retained Equity	−1 863 000	−721 000	−715 000	−30 000
Total Equity	−1 833 000	−691 000	−685 000	0
Total Long-Term Debt	117 000	0	0	0
Total Current Debt	2 455 000	2 214 000	2 728 000	0
Total Equity and Debt	739 000	1 523 000	2 043 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 464 000	8 658 000	6 982 000	30 000
Other Income	187 000	1 061 000	0	0
Revenue	8 652 000	9 719 000	6 982 000	30 000
Cost of Goods Sold	1 381 000	685 000	1 388 000	0
Salary Costs	3 755 000	3 258 000	2 432 000	0
Depreciation	9 000	3 000	1 000	0
Impairment	0	0	0	0
Expenditure	9 774 000	9 678 000	7 693 000	0
Operating Profit	−1 123 000	41 000	−710 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	20 000	47 000	1 000	0
Financial Balance	−19 000	−47 000	−1 000	0
Dividends	0	0	0	0
Net Income	−1 141 000	−6 000	−715 000	30 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	51 000	12 000	15 000
Total Tangible Assets	51 000	12 000	15 000
Total Fiancial Fixed Assets	0	0	61 000
Total Fixed Assets	51 000	12 000	76 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	13 000	151 000	232 000
Total Current Assets	688 000	1 511 000	1 967 000
Total Assets	739 000	1 523 000	2 043 000
Total Equity	−1 833 000	−691 000	−685 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	117 000	0	0
Creditors	1 472 000	1 409 000	1 232 000
Unpaid Taxes	510 000	446 000	710 000
Dividends	0	0	0
Other Current Debt	473 000	360 000	786 000
Total Current Debt	2 455 000	2 214 000	2 728 000
Total Equity and Debt	739 000	1 523 000	2 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,25 %	0,87 %	104,38 %	-
Debt-to-Equity Ratio	−0,06	−0	−0	-
Operating Profit Margin	−12,98 %	0,42 %	−10,17 %	100 %
Current Ratio	0,28	0,68	0,72	-
Quick Ratio	0,28	0,68	0,72	-
Equity Ratio	−2,48	−0,45	−0,34	-
Gross Profit Margin	84,04 %	92,95 %	80,12 %	100 %