WASHMAN AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

−2,19 %

Current Ratio

0,12

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 959 000	732 000	813 000	1 460 000
Net Income	−98 000	−581 000	−328 000	2 313 000
Total Assets	11 111 000	10 933 000	10 639 000	11 070 000
Total Equity	4 468 000	4 567 000	5 148 000	5 476 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 959 000	732 000	813 000	1 460 000
Expenditure	3 003 000	1 370 000	1 238 000	−1 565 000
Operating Profit	−44 000	−637 000	−425 000	3 025 000
Financial Income	0	0	85 000	0
Financial Costs	82 000	108 000	104 000	108 000
Financial Balance	−82 000	−108 000	−19 000	−108 000
Earnings Before Tax	−126 000	−745 000	−444 000	2 917 000
Tax	−28 000	−164 000	−116 000	604 000
Net Income	−98 000	−581 000	−328 000	2 313 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	10 481 000	10 566 000	10 216 000	10 431 000
Total Current Assets	631 000	367 000	423 000	639 000
Total Assets	11 111 000	10 933 000	10 639 000	11 070 000
Total Retained Equity	1 968 000	2 067 000	2 648 000	2 976 000
Total Equity	4 468 000	4 567 000	5 148 000	5 476 000
Total Long-Term Debt	1 494 000	2 594 000	3 261 000	3 661 000
Total Current Debt	5 148 000	3 773 000	2 231 000	1 933 000
Total Equity and Debt	11 111 000	10 933 000	10 639 000	11 070 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 959 000	732 000	813 000	1 460 000
Other Income	0	0	0	0
Revenue	2 959 000	732 000	813 000	1 460 000
Cost of Goods Sold	0	123 000	128 000	648 000
Salary Costs	0	−8 000	164 000	194 000
Depreciation	245 000	217 000	215 000	188 000
Impairment	0	0	0	−3 600 000
Expenditure	3 003 000	1 370 000	1 238 000	−1 565 000
Operating Profit	−44 000	−637 000	−425 000	3 025 000
Financial Income	0	0	85 000	0
Financial Costs	82 000	108 000	104 000	108 000
Financial Balance	−82 000	−108 000	−19 000	−108 000
Dividends	0	0	0	0
Net Income	−98 000	−581 000	−328 000	2 313 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	193 000	263 000	333 000	403 000
Total Intangible Assets	443 000	513 000	583 000	653 000
Real Eastate	9 338 000	9 338 000	8 984 000	8 984 000
Machinery and Plant Facilities	568 000	555 000	498 000	598 000
Fixtures	132 000	160 000	152 000	197 000
Total Tangible Assets	10 038 000	10 054 000	9 634 000	9 778 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 481 000	10 566 000	10 216 000	10 431 000
Stock	277 000	277 000	400 000	521 000
Total Investments	0	0	0	0
Cash, Bank	203 000	24 000	19 000	85 000
Total Current Assets	631 000	367 000	423 000	639 000
Total Assets	11 111 000	10 933 000	10 639 000	11 070 000
Total Equity	4 468 000	4 567 000	5 148 000	5 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 494 000	2 594 000	3 261 000	3 661 000
Creditors	1 755 000	1 742 000	823 000	685 000
Unpaid Taxes	121 000	0	100 000	127 000
Dividends	0	0	0	0
Other Current Debt	3 273 000	2 031 000	1 308 000	1 112 000
Total Current Debt	5 148 000	3 773 000	2 231 000	1 933 000
Total Equity and Debt	11 111 000	10 933 000	10 639 000	11 070 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−2,19 %	−12,72 %	−6,37 %	42,24 %
Debt-to-Equity Ratio	0,33	0,57	0,63	0,67
Operating Profit Margin	−1,49 %	−87,02 %	−52,28 %	207,19 %
Current Ratio	0,12	0,1	0,19	0,33
Quick Ratio	0,13	0,1	0,23	0,45
Equity Ratio	0,4	0,42	0,48	0,49
Gross Profit Margin	100 %	83,2 %	84,26 %	55,62 %