WI INNOVATE AS

4354 VOLL

Finances

Share Ownership

Return on Equity

311,57 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 058 000	3 352 000	3 690 000	3 460 000
Net Income	377 000	23 000	−478 000	99 000
Total Assets	1 103 000	824 000	1 139 000	895 000
Total Equity	121 000	−256 000	−279 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 058 000	3 352 000	3 690 000	3 460 000
Expenditure	3 672 000	3 305 000	4 191 000	3 312 000
Operating Profit	386 000	47 000	−501 000	148 000
Financial Income	0	3 000	5 000	1 000
Financial Costs	9 000	27 000	24 000	22 000
Financial Balance	−9 000	−24 000	−19 000	−21 000
Earnings Before Tax	377 000	23 000	−520 000	127 000
Tax	0	0	−42 000	28 000
Net Income	377 000	23 000	−478 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	38 000	58 000	0
Total Current Assets	1 085 000	786 000	1 081 000	895 000
Total Assets	1 103 000	824 000	1 139 000	895 000
Total Retained Equity	71 000	−306 000	−329 000	148 000
Total Equity	121 000	−256 000	−279 000	198 000
Total Long-Term Debt	102 000	657 000	860 000	0
Total Current Debt	881 000	424 000	559 000	696 000
Total Equity and Debt	1 103 000	824 000	1 139 000	895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 948 000	3 067 000	3 415 000	1 958 000
Other Income	110 000	285 000	275 000	1 501 000
Revenue	4 058 000	3 352 000	3 690 000	3 460 000
Cost of Goods Sold	3 242 000	2 979 000	3 485 000	2 856 000
Salary Costs	59 000	0	356 000	0
Depreciation	20 000	20 000	2 000	0
Impairment	0	0	0	0
Expenditure	3 672 000	3 305 000	4 191 000	3 312 000
Operating Profit	386 000	47 000	−501 000	148 000
Financial Income	0	3 000	5 000	1 000
Financial Costs	9 000	27 000	24 000	22 000
Financial Balance	−9 000	−24 000	−19 000	−21 000
Dividends	0	0	0	0
Net Income	377 000	23 000	−478 000	99 000

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	18 000	38 000	58 000	0
Total Tangible Assets	18 000	38 000	58 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	38 000	58 000	0
Stock	240 000	27 000	99 000	133 000
Total Investments	0	0	0	0
Cash, Bank	373 000	187 000	372 000	540 000
Total Current Assets	1 085 000	786 000	1 081 000	895 000
Total Assets	1 103 000	824 000	1 139 000	895 000
Total Equity	121 000	−256 000	−279 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 000	657 000	860 000	0
Creditors	822 000	377 000	421 000	587 000
Unpaid Taxes	35 000	29 000	113 000	−1 000
Dividends	0	0	0	0
Other Current Debt	24 000	60 000	67 000	82 000
Total Current Debt	881 000	424 000	559 000	696 000
Total Equity and Debt	1 103 000	824 000	1 139 000	895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	311,57 %	−8,98 %	171,33 %	50 %
Debt-to-Equity Ratio	0,84	−2,57	−3,08	0
Operating Profit Margin	9,51 %	1,4 %	−13,58 %	4,28 %
Current Ratio	1,23	1,85	1,93	1,29
Quick Ratio	1,69	1,98	2,35	1,59
Equity Ratio	0,11	−0,31	−0,24	0,22
Gross Profit Margin	20,11 %	11,13 %	5,56 %	17,46 %