WINDCO AS

4373 EGERSUND

Finances

Return on Equity

70,56 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 270 000	3 057 000	1 706 000	1 390 000
Net Income	1 220 000	−3 062 000	−806 000	102 000
Total Assets	7 750 000	4 260 000	3 060 000	3 046 000
Total Equity	1 729 000	509 000	1 735 000	2 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 270 000	3 057 000	1 706 000	1 390 000
Expenditure	9 999 000	5 217 000	2 553 000	1 268 000
Operating Profit	1 271 000	−2 161 000	−847 000	122 000
Financial Income	9 000	0	28 000	0
Financial Costs	59 000	1 263 000	7 000	0
Financial Balance	−50 000	−1 263 000	21 000	0
Earnings Before Tax	1 220 000	−3 423 000	−826 000	122 000
Tax	0	−361 000	−20 000	20 000
Net Income	1 220 000	−3 062 000	−806 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 391 000	1 400 000	2 608 000	2 608 000
Total Current Assets	6 358 000	2 861 000	452 000	438 000
Total Assets	7 750 000	4 260 000	3 060 000	3 046 000
Total Retained Equity	1 125 000	−94 000	−724 000	82 000
Total Equity	1 729 000	509 000	1 735 000	2 441 000
Total Long-Term Debt	0	0	158 000	0
Total Current Debt	6 021 000	3 752 000	1 166 000	605 000
Total Equity and Debt	7 750 000	4 260 000	3 060 000	3 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 270 000	2 797 000	1 606 000	1 390 000
Other Income	0	260 000	100 000	0
Revenue	11 270 000	3 057 000	1 706 000	1 390 000
Cost of Goods Sold	3 355 000	1 327 000	103 000	619 000
Salary Costs	4 172 000	2 312 000	1 746 000	318 000
Depreciation	9 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	9 999 000	5 217 000	2 553 000	1 268 000
Operating Profit	1 271 000	−2 161 000	−847 000	122 000
Financial Income	9 000	0	28 000	0
Financial Costs	59 000	1 263 000	7 000	0
Financial Balance	−50 000	−1 263 000	21 000	0
Dividends	0	0	0	0
Net Income	1 220 000	−3 062 000	−806 000	102 000

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	33 000	42 000	0	0
Total Tangible Assets	33 000	42 000	0	0
Total Fiancial Fixed Assets	1 358 000	1 358 000	2 608 000	2 608 000
Total Fixed Assets	1 391 000	1 400 000	2 608 000	2 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	220 000	621 000	35 000	203 000
Total Current Assets	6 358 000	2 861 000	452 000	438 000
Total Assets	7 750 000	4 260 000	3 060 000	3 046 000
Total Equity	1 729 000	509 000	1 735 000	2 441 000
Short-Term Group Debt	9 000	1 650 000	0	0
Total Long-Term Debt	0	0	158 000	0
Creditors	4 283 000	1 556 000	79 000	78 000
Unpaid Taxes	988 000	192 000	233 000	12 000
Dividends	0	0	0	0
Other Current Debt	739 000	354 000	854 000	495 000
Total Current Debt	6 021 000	3 752 000	1 166 000	605 000
Total Equity and Debt	7 750 000	4 260 000	3 060 000	3 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,56 %	−601,57 %	−46,46 %	4,18 %
Debt-to-Equity Ratio	0	0	0,09	0
Operating Profit Margin	11,28 %	−70,69 %	−49,65 %	8,78 %
Current Ratio	1,06	0,76	0,39	0,72
Quick Ratio	1,06	0,76	0,39	0,72
Equity Ratio	0,22	0,12	0,57	0,8
Gross Profit Margin	70,23 %	56,59 %	93,96 %	55,47 %