WANG ROMERIKE AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

63,09 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 470 000	43 729 000	9 123 000	0
Net Income	2 092 000	−697 000	486 000	−5 000
Total Assets	16 349 000	16 724 000	4 539 000	100 000
Total Equity	3 316 000	1 224 000	560 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 470 000	43 729 000	9 123 000	0
Expenditure	62 240 000	44 330 000	8 583 000	5 000
Operating Profit	2 230 000	−600 000	540 000	−5 000
Financial Income	15 000	3 000	0	0
Financial Costs	153 000	101 000	54 000	0
Financial Balance	−138 000	−98 000	−54 000	0
Earnings Before Tax	2 092 000	−697 000	486 000	−5 000
Tax	0	0	0	0
Net Income	2 092 000	−697 000	486 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 617 000	3 000 000	120 000	0
Total Current Assets	12 731 000	13 724 000	4 419 000	100 000
Total Assets	16 349 000	16 724 000	4 539 000	100 000
Total Retained Equity	3 216 000	1 124 000	460 000	−26 000
Total Equity	3 316 000	1 224 000	560 000	74 000
Total Long-Term Debt	2 237 000	2 847 000	1 292 000	0
Total Current Debt	10 795 000	12 653 000	2 687 000	26 000
Total Equity and Debt	16 349 000	16 724 000	4 539 000	100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 429 000	6 951 000	1 564 000	0
Other Income	53 040 000	36 778 000	7 560 000	0
Revenue	64 470 000	43 729 000	9 123 000	0
Cost of Goods Sold	11 464 000	8 051 000	1 714 000	0
Salary Costs	36 665 000	23 241 000	4 668 000	0
Depreciation	100 000	52 000	14 000	0
Impairment	0	0	0	0
Expenditure	62 240 000	44 330 000	8 583 000	5 000
Operating Profit	2 230 000	−600 000	540 000	−5 000
Financial Income	15 000	3 000	0	0
Financial Costs	153 000	101 000	54 000	0
Financial Balance	−138 000	−98 000	−54 000	0
Dividends	0	0	0	0
Net Income	2 092 000	−697 000	486 000	−5 000

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	3 521 000	3 000 000	118 000	0
Total Tangible Assets	3 521 000	3 000 000	118 000	0
Total Fiancial Fixed Assets	96 000	0	2 000	0
Total Fixed Assets	3 617 000	3 000 000	120 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 785 000	11 820 000	3 301 000	100 000
Total Current Assets	12 731 000	13 724 000	4 419 000	100 000
Total Assets	16 349 000	16 724 000	4 539 000	100 000
Total Equity	3 316 000	1 224 000	560 000	74 000
Short-Term Group Debt	0	0	0	21 000
Total Long-Term Debt	2 237 000	2 847 000	1 292 000	0
Creditors	1 482 000	2 151 000	791 000	5 000
Unpaid Taxes	2 832 000	1 929 000	648 000	0
Dividends	0	0	0	0
Other Current Debt	6 481 000	8 573 000	1 248 000	0
Total Current Debt	10 795 000	12 653 000	2 687 000	26 000
Total Equity and Debt	16 349 000	16 724 000	4 539 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,09 %	−56,94 %	86,79 %	−6,76 %
Debt-to-Equity Ratio	0,67	2,33	2,31	0
Operating Profit Margin	3,46 %	−1,37 %	5,92 %	-
Current Ratio	1,18	1,08	1,64	3,85
Quick Ratio	1,18	1,08	1,64	3,85
Equity Ratio	0,2	0,07	0,12	0,74
Gross Profit Margin	82,22 %	81,59 %	81,21 %	-