WÆRUM MASKIN AS

6653 ØVRE SURNADAL

Finances

Share Ownership

Return on Equity

224,8 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 648 000	2 569 000	2 436 000	1 550 000
Net Income	562 000	573 000	128 000	83 000
Total Assets	1 879 000	1 807 000	1 402 000	666 000
Total Equity	250 000	250 000	63 000	−65 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 648 000	2 569 000	2 436 000	1 550 000
Expenditure	1 919 000	1 866 000	2 305 000	1 460 000
Operating Profit	729 000	702 000	131 000	91 000
Financial Income	10 000	7 000	0	3 000
Financial Costs	7 000	16 000	4 000	11 000
Financial Balance	3 000	−9 000	−4 000	−8 000
Earnings Before Tax	732 000	693 000	128 000	83 000
Tax	169 000	120 000	0	0
Net Income	562 000	573 000	128 000	83 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	186 000	298 000	312 000	267 000
Total Current Assets	1 693 000	1 509 000	1 090 000	399 000
Total Assets	1 879 000	1 807 000	1 402 000	666 000
Total Retained Equity	0	0	−187 000	−315 000
Total Equity	250 000	250 000	63 000	−65 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	1 629 000	1 556 000	1 339 000	730 000
Total Equity and Debt	1 879 000	1 807 000	1 402 000	666 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 646 000	2 568 000	2 436 000	1 549 000
Other Income	2 000	0	0	1 000
Revenue	2 648 000	2 569 000	2 436 000	1 550 000
Cost of Goods Sold	186 000	75 000	219 000	273 000
Salary Costs	680 000	643 000	659 000	291 000
Depreciation	98 000	89 000	60 000	48 000
Impairment	0	0	0	0
Expenditure	1 919 000	1 866 000	2 305 000	1 460 000
Operating Profit	729 000	702 000	131 000	91 000
Financial Income	10 000	7 000	0	3 000
Financial Costs	7 000	16 000	4 000	11 000
Financial Balance	3 000	−9 000	−4 000	−8 000
Dividends	562 000	387 000	0	0
Net Income	562 000	573 000	128 000	83 000

Balance details (NOK)	2021	2020	2019	2018
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	186 000	284 000	280 000	215 000
Total Tangible Assets	186 000	284 000	280 000	215 000
Total Fiancial Fixed Assets	0	14 000	33 000	52 000
Total Fixed Assets	186 000	298 000	312 000	267 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	434 000	301 000	79 000
Total Current Assets	1 693 000	1 509 000	1 090 000	399 000
Total Assets	1 879 000	1 807 000	1 402 000	666 000
Total Equity	250 000	250 000	63 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	559 000	480 000	1 100 000	682 000
Unpaid Taxes	77 000	382 000	119 000	−14 000
Dividends	562 000	387 000	0	0
Other Current Debt	258 000	188 000	120 000	63 000
Total Current Debt	1 629 000	1 556 000	1 339 000	730 000
Total Equity and Debt	1 879 000	1 807 000	1 402 000	666 000

Financial indicators	2021	2020	2019	2018
Return on Equity	224,8 %	229,2 %	203,17 %	−127,69 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	27,53 %	27,33 %	5,38 %	5,87 %
Current Ratio	1,04	0,97	0,81	0,55
Quick Ratio	1,04	0,97	0,81	0,55
Equity Ratio	0,13	0,14	0,04	−0,1
Gross Profit Margin	92,98 %	97,08 %	91,01 %	82,39 %