WANG UNG STAVANGER AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

16,53 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 962 000	23 308 000	22 525 000	19 973 000
Net Income	554 000	−216 000	190 000	795 000
Total Assets	6 215 000	6 975 000	7 658 000	6 692 000
Total Equity	3 351 000	2 797 000	3 014 000	2 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 962 000	23 308 000	22 525 000	19 973 000
Expenditure	21 403 000	23 524 000	22 336 000	19 181 000
Operating Profit	559 000	−216 000	189 000	792 000
Financial Income	0	0	1 000	2 000
Financial Costs	5 000	0	0	0
Financial Balance	−5 000	0	1 000	2 000
Earnings Before Tax	554 000	−216 000	190 000	795 000
Tax	0	0	0	0
Net Income	554 000	−216 000	190 000	795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 030 000	1 179 000	985 000	867 000
Total Current Assets	5 185 000	5 796 000	6 673 000	5 826 000
Total Assets	6 215 000	6 975 000	7 658 000	6 692 000
Total Retained Equity	3 251 000	2 697 000	2 914 000	2 723 000
Total Equity	3 351 000	2 797 000	3 014 000	2 823 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 864 000	4 177 000	4 645 000	3 869 000
Total Equity and Debt	6 215 000	6 975 000	7 658 000	6 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 125 000	3 947 000	3 693 000	3 216 000
Other Income	17 837 000	19 361 000	18 833 000	16 758 000
Revenue	21 962 000	23 308 000	22 525 000	19 973 000
Cost of Goods Sold	2 823 000	4 812 000	3 152 000	4 177 000
Salary Costs	13 465 000	14 022 000	14 771 000	12 787 000
Depreciation	518 000	309 000	249 000	132 000
Impairment	0	0	0	0
Expenditure	21 403 000	23 524 000	22 336 000	19 181 000
Operating Profit	559 000	−216 000	189 000	792 000
Financial Income	0	0	1 000	2 000
Financial Costs	5 000	0	0	0
Financial Balance	−5 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	554 000	−216 000	190 000	795 000

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	1 006 000	1 179 000	985 000	867 000
Total Tangible Assets	1 006 000	1 179 000	985 000	867 000
Total Fiancial Fixed Assets	24 000	0	0	0
Total Fixed Assets	1 030 000	1 179 000	985 000	867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 984 000	5 403 000	5 968 000	3 548 000
Total Current Assets	5 185 000	5 796 000	6 673 000	5 826 000
Total Assets	6 215 000	6 975 000	7 658 000	6 692 000
Total Equity	3 351 000	2 797 000	3 014 000	2 823 000
Short-Term Group Debt	0	0	0	562 000
Total Long-Term Debt	0	0	0	0
Creditors	742 000	1 079 000	2 354 000	1 449 000
Unpaid Taxes	893 000	912 000	926 000	869 000
Dividends	0	0	0	0
Other Current Debt	1 229 000	2 187 000	1 364 000	990 000
Total Current Debt	2 864 000	4 177 000	4 645 000	3 869 000
Total Equity and Debt	6 215 000	6 975 000	7 658 000	6 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,53 %	−7,72 %	6,3 %	28,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,55 %	−0,93 %	0,84 %	3,97 %
Current Ratio	1,81	1,39	1,44	1,51
Quick Ratio	1,81	1,39	1,44	1,51
Equity Ratio	0,54	0,4	0,39	0,42
Gross Profit Margin	87,15 %	79,35 %	86,01 %	79,09 %