WILLING HANDS TECHNOLOGY AS

4611 KRISTIANSAND S

Finances

Return on Equity

285,93 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 601 000	12 676 000	200 000	0
Net Income	17 736 000	73 000	87 000	−128 000
Total Assets	24 263 000	39 454 000	11 316 000	220 000
Total Equity	6 203 000	299 000	226 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 601 000	12 676 000	200 000	0
Expenditure	34 857 000	11 510 000	113 000	128 000
Operating Profit	21 743 000	1 166 000	87 000	−128 000
Financial Income	1 069 000	150 000	0	0
Financial Costs	83 000	1 243 000	0	0
Financial Balance	986 000	−1 093 000	0	0
Earnings Before Tax	22 729 000	73 000	87 000	−128 000
Tax	4 993 000	0	0	0
Net Income	17 736 000	73 000	87 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 228 000	1 524 000	1 209 000	219 000
Total Current Assets	22 034 000	37 930 000	10 107 000	1 000
Total Assets	24 263 000	39 454 000	11 316 000	220 000
Total Retained Equity	6 063 000	160 000	0	0
Total Equity	6 203 000	299 000	226 000	139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 060 000	39 155 000	11 090 000	80 000
Total Equity and Debt	24 263 000	39 454 000	11 316 000	220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 601 000	12 676 000	200 000	0
Other Income	0	0	0	0
Revenue	56 601 000	12 676 000	200 000	0
Cost of Goods Sold	27 782 000	9 901 000	0	0
Salary Costs	0	0	0	0
Depreciation	178 000	0	0	0
Impairment	0	0	0	0
Expenditure	34 857 000	11 510 000	113 000	128 000
Operating Profit	21 743 000	1 166 000	87 000	−128 000
Financial Income	1 069 000	150 000	0	0
Financial Costs	83 000	1 243 000	0	0
Financial Balance	986 000	−1 093 000	0	0
Dividends	7 000 000	0	0	0
Net Income	17 736 000	73 000	87 000	−128 000

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	356 000	534 000	219 000	219 000
Total Tangible Assets	356 000	534 000	219 000	219 000
Total Fiancial Fixed Assets	1 872 000	990 000	990 000	0
Total Fixed Assets	2 228 000	1 524 000	1 209 000	219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 945 000	8 047 000	5 324 000	1 000
Total Current Assets	22 034 000	37 930 000	10 107 000	1 000
Total Assets	24 263 000	39 454 000	11 316 000	220 000
Total Equity	6 203 000	299 000	226 000	139 000
Short-Term Group Debt	7 000 000	0	0	67 000
Total Long-Term Debt	0	0	0	0
Creditors	699 000	12 273 000	501 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	7 000 000	0	0	0
Other Current Debt	6 731 000	26 882 000	10 589 000	0
Total Current Debt	18 060 000	39 155 000	11 090 000	80 000
Total Equity and Debt	24 263 000	39 454 000	11 316 000	220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	285,93 %	24,41 %	38,5 %	−92,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,41 %	9,2 %	43,5 %	-
Current Ratio	1,22	0,97	0,91	0,01
Quick Ratio	1,22	0,97	0,91	0,01
Equity Ratio	0,26	0,01	0,02	0,63
Gross Profit Margin	50,92 %	21,89 %	100 %	-