WENCHE STEEN ERIKSEN AS

7074 SPONGDAL

Finances

Share Ownership

Return on Equity

65,06 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 840 000	1 727 000	1 860 000	889 000
Net Income	175 000	205 000	263 000	−17 000
Total Assets	918 000	947 000	915 000	320 000
Total Equity	269 000	243 000	269 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 840 000	1 727 000	1 860 000	889 000
Expenditure	1 616 000	1 465 000	1 523 000	907 000
Operating Profit	224 000	262 000	336 000	−18 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	225 000	262 000	337 000	−18 000
Tax	49 000	58 000	74 000	−1 000
Net Income	175 000	205 000	263 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	918 000	947 000	915 000	320 000
Total Assets	918 000	947 000	915 000	320 000
Total Retained Equity	239 000	213 000	239 000	76 000
Total Equity	269 000	243 000	269 000	106 000
Total Long-Term Debt	0	15 000	30 000	0
Total Current Debt	649 000	689 000	617 000	214 000
Total Equity and Debt	918 000	947 000	915 000	320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 840 000	1 727 000	1 860 000	889 000
Other Income	0	0	0	0
Revenue	1 840 000	1 727 000	1 860 000	889 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 535 000	1 395 000	1 470 000	863 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 616 000	1 465 000	1 523 000	907 000
Operating Profit	224 000	262 000	336 000	−18 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	150 000	230 000	100 000	0
Net Income	175 000	205 000	263 000	−17 000

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	623 000	669 000	598 000	202 000
Total Current Assets	918 000	947 000	915 000	320 000
Total Assets	918 000	947 000	915 000	320 000
Total Equity	269 000	243 000	269 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	30 000	0
Creditors	−2 000	1 000	0	7 000
Unpaid Taxes	187 000	175 000	185 000	95 000
Dividends	150 000	230 000	100 000	0
Other Current Debt	265 000	225 000	258 000	111 000
Total Current Debt	649 000	689 000	617 000	214 000
Total Equity and Debt	918 000	947 000	915 000	320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,06 %	84,36 %	97,77 %	−16,04 %
Debt-to-Equity Ratio	0	0,06	0,11	0
Operating Profit Margin	12,17 %	15,17 %	18,06 %	−2,02 %
Current Ratio	1,41	1,37	1,48	1,5
Quick Ratio	1,41	1,37	1,48	1,5
Equity Ratio	0,29	0,26	0,29	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %