WRAPIT AS

5057 BERGEN

Finances

Share Ownership

Return on Equity

183,63 %

Current Ratio

0,4

Debt-to-Equity Ratio

−2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 320 000	2 185 000	64 000	50 000
Net Income	−617 000	250 000	1 000	−93 000
Total Assets	1 266 000	771 000	53 000	61 000
Total Equity	−336 000	281 000	25 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 320 000	2 185 000	64 000	50 000
Expenditure	5 808 000	1 817 000	50 000	195 000
Operating Profit	−488 000	367 000	14 000	−145 000
Financial Income	3 000	0	0	0
Financial Costs	131 000	15 000	0	7 000
Financial Balance	−128 000	−15 000	0	−7 000
Earnings Before Tax	−617 000	352 000	14 000	−153 000
Tax	0	102 000	12 000	−59 000
Net Income	−617 000	250 000	1 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	916 000	315 000	31 000	34 000
Total Current Assets	350 000	456 000	23 000	27 000
Total Assets	1 266 000	771 000	53 000	61 000
Total Retained Equity	−366 000	251 000	−5 000	−7 000
Total Equity	−336 000	281 000	25 000	23 000
Total Long-Term Debt	726 000	0	0	0
Total Current Debt	876 000	490 000	28 000	37 000
Total Equity and Debt	1 266 000	771 000	53 000	61 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 289 000	2 170 000	64 000	50 000
Other Income	31 000	14 000	0	0
Revenue	5 320 000	2 185 000	64 000	50 000
Cost of Goods Sold	9 000	19 000	60 000	35 000
Salary Costs	2 656 000	940 000	0	0
Depreciation	289 000	99 000	0	0
Impairment	0	0	0	0
Expenditure	5 808 000	1 817 000	50 000	195 000
Operating Profit	−488 000	367 000	14 000	−145 000
Financial Income	3 000	0	0	0
Financial Costs	131 000	15 000	0	7 000
Financial Balance	−128 000	−15 000	0	−7 000
Dividends	0	0	0	0
Net Income	−617 000	250 000	1 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	916 000	315 000	0	0
Total Tangible Assets	916 000	315 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	916 000	315 000	31 000	34 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	285 000	5 000	9 000
Total Current Assets	350 000	456 000	23 000	27 000
Total Assets	1 266 000	771 000	53 000	61 000
Total Equity	−336 000	281 000	25 000	23 000
Short-Term Group Debt	−24 000	−68 000	0	0
Total Long-Term Debt	726 000	0	0	0
Creditors	152 000	73 000	0	13 000
Unpaid Taxes	12 000	197 000	24 000	21 000
Dividends	0	0	0	0
Other Current Debt	735 000	241 000	4 000	3 000
Total Current Debt	876 000	490 000	28 000	37 000
Total Equity and Debt	1 266 000	771 000	53 000	61 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,63 %	88,97 %	4 %	−404,35 %
Debt-to-Equity Ratio	−2,16	0	0	0
Operating Profit Margin	−9,17 %	16,8 %	21,88 %	−290 %
Current Ratio	0,4	0,93	0,82	0,73
Quick Ratio	0,4	0,93	0,82	0,73
Equity Ratio	−0,27	0,36	0,47	0,38
Gross Profit Margin	99,83 %	99,13 %	6,25 %	30 %