WANVIK AS

7633 FROSTA

Finances

Return on Equity

−8,93 %

Current Ratio

3,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	2 690 000	0
Net Income	−20 000	−4 000	−38 000	−235 000
Total Assets	294 000	314 000	350 000	2 324 000
Total Equity	224 000	243 000	247 000	285 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	2 690 000	0
Expenditure	20 000	4 000	127 000	236 000
Operating Profit	−20 000	−4 000	−44 000	−236 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−20 000	−4 000	−44 000	−235 000
Tax	0	0	−6 000	0
Net Income	−20 000	−4 000	−38 000	−235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	30 000	30 000
Total Current Assets	264 000	284 000	320 000	2 294 000
Total Assets	294 000	314 000	350 000	2 324 000
Total Retained Equity	−265 000	−246 000	−242 000	−204 000
Total Equity	224 000	243 000	247 000	285 000
Total Long-Term Debt	0	0	0	1 900 000
Total Current Debt	71 000	71 000	103 000	139 000
Total Equity and Debt	294 000	314 000	350 000	2 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 690 000	0
Other Income	0	0	0	0
Revenue	0	0	2 690 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	205 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 000	4 000	127 000	236 000
Operating Profit	−20 000	−4 000	−44 000	−236 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−20 000	−4 000	−38 000	−235 000

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	30 000	30 000	30 000	30 000
Total Fixed Assets	30 000	30 000	30 000	30 000
Stock	0	0	0	2 252 000
Total Investments	0	0	0	0
Cash, Bank	224 000	244 000	290 000	24 000
Total Current Assets	264 000	284 000	320 000	2 294 000
Total Assets	294 000	314 000	350 000	2 324 000
Total Equity	224 000	243 000	247 000	285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 900 000
Creditors	1 000	1 000	1 000	3 000
Unpaid Taxes	2 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	68 000	68 000	100 000	134 000
Total Current Debt	71 000	71 000	103 000	139 000
Total Equity and Debt	294 000	314 000	350 000	2 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,93 %	−1,65 %	−15,38 %	−82,46 %
Debt-to-Equity Ratio	0	0	0	6,67
Operating Profit Margin	-	-	−1,64 %	-
Current Ratio	3,72	4	3,11	16,5
Quick Ratio	3,72	4	3,11	−1,09
Equity Ratio	0,76	0,77	0,71	0,12
Gross Profit Margin	-	-	100 %	-