WITTARIO AS

1511 MOSS

Finances

Return on Equity

−26,13 %

Current Ratio

2,88

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 318 000	3 396 000	1 513 000	401 000
Net Income	−4 601 000	−2 823 000	−1 332 000	−321 000
Total Assets	25 772 000	25 564 000	11 942 000	6 391 000
Total Equity	17 607 000	18 807 000	5 076 000	4 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 318 000	3 396 000	1 513 000	401 000
Expenditure	8 594 000	6 004 000	2 674 000	716 000
Operating Profit	−4 276 000	−2 609 000	−1 161 000	−314 000
Financial Income	10 000	2 000	4 000	1 000
Financial Costs	335 000	216 000	175 000	8 000
Financial Balance	−325 000	−214 000	−171 000	−7 000
Earnings Before Tax	−4 601 000	−2 823 000	−1 332 000	−321 000
Tax	0	0	0	0
Net Income	−4 601 000	−2 823 000	−1 332 000	−321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 844 000	9 711 000	4 251 000	1 201 000
Total Current Assets	9 928 000	15 854 000	7 691 000	5 191 000
Total Assets	25 772 000	25 564 000	11 942 000	6 391 000
Total Retained Equity	−9 997 000	−5 396 000	−1 679 000	−347 000
Total Equity	17 607 000	18 807 000	5 076 000	4 582 000
Total Long-Term Debt	4 722 000	5 500 000	5 500 000	1 500 000
Total Current Debt	3 443 000	1 257 000	1 366 000	309 000
Total Equity and Debt	25 772 000	25 564 000	11 942 000	6 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 930 000	950 000	190 000	50 000
Other Income	2 388 000	2 446 000	1 324 000	351 000
Revenue	4 318 000	3 396 000	1 513 000	401 000
Cost of Goods Sold	116 000	0	0	0
Salary Costs	4 268 000	2 301 000	685 000	278 000
Depreciation	1 410 000	698 000	14 000	0
Impairment	0	0	0	0
Expenditure	8 594 000	6 004 000	2 674 000	716 000
Operating Profit	−4 276 000	−2 609 000	−1 161 000	−314 000
Financial Income	10 000	2 000	4 000	1 000
Financial Costs	335 000	216 000	175 000	8 000
Financial Balance	−325 000	−214 000	−171 000	−7 000
Dividends	0	0	0	0
Net Income	−4 601 000	−2 823 000	−1 332 000	−321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 687 000	9 583 000	4 135 000	1 201 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	83 000	81 000	0
Total Tangible Assets	93 000	83 000	81 000	0
Total Fiancial Fixed Assets	64 000	44 000	36 000	0
Total Fixed Assets	15 844 000	9 711 000	4 251 000	1 201 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 015 000	13 337 000	5 888 000	4 729 000
Total Current Assets	9 928 000	15 854 000	7 691 000	5 191 000
Total Assets	25 772 000	25 564 000	11 942 000	6 391 000
Total Equity	17 607 000	18 807 000	5 076 000	4 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 722 000	5 500 000	5 500 000	1 500 000
Creditors	286 000	491 000	569 000	141 000
Unpaid Taxes	718 000	378 000	239 000	84 000
Dividends	0	0	0	0
Other Current Debt	2 440 000	388 000	559 000	84 000
Total Current Debt	3 443 000	1 257 000	1 366 000	309 000
Total Equity and Debt	25 772 000	25 564 000	11 942 000	6 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,13 %	−15,01 %	−26,24 %	−7,01 %
Debt-to-Equity Ratio	0,27	0,29	1,08	0,33
Operating Profit Margin	−99,03 %	−76,83 %	−76,73 %	−78,3 %
Current Ratio	2,88	12,61	5,63	16,8
Quick Ratio	2,88	12,61	5,63	16,8
Equity Ratio	0,68	0,74	0,43	0,72
Gross Profit Margin	97,31 %	100 %	100 %	100 %