WILLING HANDS AS

4611 KRISTIANSAND S

Finances

Return on Equity

99,55 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 927 000	550 000	50 000	2 494 000
Net Income	7 044 000	71 000	−63 000	−25 000
Total Assets	20 214 000	3 425 000	1 589 000	879 000
Total Equity	7 076 000	32 000	−39 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 927 000	550 000	50 000	2 494 000
Expenditure	9 083 000	441 000	196 000	2 521 000
Operating Profit	−4 156 000	109 000	−146 000	−28 000
Financial Income	11 266 000	1 000	69 000	7 000
Financial Costs	52 000	19 000	5 000	11 000
Financial Balance	11 214 000	−18 000	64 000	−4 000
Earnings Before Tax	7 058 000	91 000	−81 000	−32 000
Tax	14 000	20 000	−18 000	−7 000
Net Income	7 044 000	71 000	−63 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 656 000	2 777 000	1 023 000	116 000
Total Current Assets	12 558 000	648 000	567 000	764 000
Total Assets	20 214 000	3 425 000	1 589 000	879 000
Total Retained Equity	7 046 000	2 000	−69 000	−6 000
Total Equity	7 076 000	32 000	−39 000	24 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	13 130 000	3 392 000	1 628 000	855 000
Total Equity and Debt	20 214 000	3 425 000	1 589 000	879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 927 000	600 000	0	2 494 000
Other Income	0	−50 000	50 000	0
Revenue	4 927 000	550 000	50 000	2 494 000
Cost of Goods Sold	676 000	32 000	0	1 255 000
Salary Costs	2 631 000	199 000	0	0
Depreciation	929 000	0	21 000	19 000
Impairment	0	0	0	0
Expenditure	9 083 000	441 000	196 000	2 521 000
Operating Profit	−4 156 000	109 000	−146 000	−28 000
Financial Income	11 266 000	1 000	69 000	7 000
Financial Costs	52 000	19 000	5 000	11 000
Financial Balance	11 214 000	−18 000	64 000	−4 000
Dividends	0	0	0	0
Net Income	7 044 000	71 000	−63 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 789 000	2 690 000	936 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	30 000	35 000	35 000	46 000
Fixtures	0	30 000	30 000	40 000
Total Tangible Assets	30 000	65 000	65 000	85 000
Total Fiancial Fixed Assets	5 836 000	22 000	22 000	22 000
Total Fixed Assets	7 656 000	2 777 000	1 023 000	116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	89 000	17 000	213 000
Total Current Assets	12 558 000	648 000	567 000	764 000
Total Assets	20 214 000	3 425 000	1 589 000	879 000
Total Equity	7 076 000	32 000	−39 000	24 000
Short-Term Group Debt	7 585 000	2 465 000	0	113 000
Total Long-Term Debt	8 000	0	0	0
Creditors	1 871 000	692 000	343 000	193 000
Unpaid Taxes	566 000	103 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	3 108 000	132 000	1 279 000	549 000
Total Current Debt	13 130 000	3 392 000	1 628 000	855 000
Total Equity and Debt	20 214 000	3 425 000	1 589 000	879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,55 %	221,88 %	161,54 %	−104,17 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−84,35 %	19,82 %	−292 %	−1,12 %
Current Ratio	0,96	0,19	0,35	0,89
Quick Ratio	0,96	0,19	0,35	0,89
Equity Ratio	0,35	0,01	−0,02	0,03
Gross Profit Margin	86,28 %	94,18 %	100 %	49,68 %