WINGS OF NORWAY AS

5132 NYBORG

Finances

Share Ownership

Return on Equity

96,88 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 000	9 000	46 000	193 000
Net Income	31 000	−29 000	−7 000	−41 000
Total Assets	65 000	27 000	49 000	75 000
Total Equity	32 000	0	29 000	36 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 000	9 000	46 000	193 000
Expenditure	106 000	38 000	51 000	179 000
Operating Profit	31 000	−29 000	−7 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	31 000	−29 000	−7 000	−41 000
Tax	0	0	0	0
Net Income	31 000	−29 000	−7 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	65 000	27 000	49 000	75 000
Total Assets	65 000	27 000	49 000	75 000
Total Retained Equity	7 000	−24 000	5 000	12 000
Total Equity	32 000	0	29 000	36 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	27 000	20 000	40 000
Total Equity and Debt	65 000	27 000	49 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 000	9 000	46 000	193 000
Other Income	0	0	0	0
Revenue	137 000	9 000	46 000	193 000
Cost of Goods Sold	50 000	6 000	0	19 000
Salary Costs	34 000	18 000	34 000	107 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	106 000	38 000	51 000	179 000
Operating Profit	31 000	−29 000	−7 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	31 000	−29 000	−7 000	−41 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	18 000	10 000	16 000	18 000
Total Investments	0	0	0	0
Cash, Bank	25 000	17 000	20 000	57 000
Total Current Assets	65 000	27 000	49 000	75 000
Total Assets	65 000	27 000	49 000	75 000
Total Equity	32 000	0	29 000	36 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	11 000	3 000	2 000	26 000
Dividends	0	0	0	0
Other Current Debt	22 000	24 000	18 000	13 000
Total Current Debt	33 000	27 000	20 000	40 000
Total Equity and Debt	65 000	27 000	49 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,88 %	-	−24,14 %	−113,89 %
Debt-to-Equity Ratio	0	-	0	0
Operating Profit Margin	22,63 %	−322,22 %	−15,22 %	−21,24 %
Current Ratio	1,97	1	2,45	1,88
Quick Ratio	4,33	1,59	12,25	3,41
Equity Ratio	0,49	0	0,59	0,48
Gross Profit Margin	63,5 %	33,33 %	100 %	90,16 %