WAVZ ENGINEERING SERVICES AS

3475 SÆTRE

Finances

Share Ownership

Return on Equity

3,57 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 029 000	2 067 000	1 634 000	506 000
Net Income	14 000	177 000	80 000	49 000
Total Assets	770 000	847 000	565 000	135 000
Total Equity	392 000	378 000	201 000	121 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 029 000	2 067 000	1 634 000	506 000
Expenditure	2 011 000	1 838 000	1 535 000	457 000
Operating Profit	18 000	228 000	99 000	49 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	1 000	0
Earnings Before Tax	18 000	227 000	99 000	49 000
Tax	4 000	50 000	20 000	0
Net Income	14 000	177 000	80 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	770 000	847 000	565 000	135 000
Total Assets	770 000	847 000	565 000	135 000
Total Retained Equity	362 000	348 000	171 000	91 000
Total Equity	392 000	378 000	201 000	121 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	375 000	469 000	364 000	14 000
Total Equity and Debt	770 000	847 000	565 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 029 000	2 067 000	1 634 000	506 000
Other Income	0	0	0	0
Revenue	2 029 000	2 067 000	1 634 000	506 000
Cost of Goods Sold	0	0	0	166 000
Salary Costs	1 822 000	1 749 000	1 319 000	188 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 011 000	1 838 000	1 535 000	457 000
Operating Profit	18 000	228 000	99 000	49 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	1 000	0
Dividends	0	0	0	0
Net Income	14 000	177 000	80 000	49 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	385 000	615 000	565 000	70 000
Total Current Assets	770 000	847 000	565 000	135 000
Total Assets	770 000	847 000	565 000	135 000
Total Equity	392 000	378 000	201 000	121 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	0	4 000	17 000	0
Unpaid Taxes	153 000	207 000	152 000	0
Dividends	0	0	0	0
Other Current Debt	218 000	208 000	175 000	14 000
Total Current Debt	375 000	469 000	364 000	14 000
Total Equity and Debt	770 000	847 000	565 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,57 %	46,83 %	39,8 %	40,5 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	0,89 %	11,03 %	6,06 %	9,68 %
Current Ratio	2,05	1,81	1,55	9,64
Quick Ratio	2,05	1,81	1,55	9,64
Equity Ratio	0,51	0,45	0,36	0,9
Gross Profit Margin	100 %	100 %	100 %	67,19 %