WAI ENVIRONMENTAL SOLUTIONS AS

3150 TOLVSRØD

Finances

Return on Equity

−24,63 %

Current Ratio

2,9

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 035 000	4 745 000	2 717 000	1 301 000
Net Income	−1 124 000	−497 000	−283 000	−838 000
Total Assets	9 073 000	9 858 000	3 143 000	2 985 000
Total Equity	4 564 000	5 688 000	620 000	903 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 035 000	4 745 000	2 717 000	1 301 000
Expenditure	4 658 000	5 608 000	3 268 000	2 539 000
Operating Profit	−623 000	−863 000	−551 000	−1 239 000
Financial Income	−640 000	1 000	4 000	0
Financial Costs	50 000	6 000	2 000	8 000
Financial Balance	−690 000	−5 000	2 000	−8 000
Earnings Before Tax	−1 313 000	−868 000	−549 000	−1 247 000
Tax	−189 000	−371 000	−266 000	−409 000
Net Income	−1 124 000	−497 000	−283 000	−838 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 967 000	1 298 000	807 000	617 000
Total Current Assets	6 106 000	8 560 000	2 336 000	2 368 000
Total Assets	9 073 000	9 858 000	3 143 000	2 985 000
Total Retained Equity	0	0	0	−1 026 000
Total Equity	4 564 000	5 688 000	620 000	903 000
Total Long-Term Debt	2 400 000	2 400 000	1 500 000	1 500 000
Total Current Debt	2 109 000	1 770 000	1 023 000	582 000
Total Equity and Debt	9 073 000	9 858 000	3 143 000	2 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 035 000	4 745 000	2 717 000	866 000
Other Income	0	0	0	436 000
Revenue	4 035 000	4 745 000	2 717 000	1 301 000
Cost of Goods Sold	2 000	6 000	0	35 000
Salary Costs	2 498 000	3 288 000	1 925 000	1 717 000
Depreciation	66 000	127 000	97 000	69 000
Impairment	0	0	0	0
Expenditure	4 658 000	5 608 000	3 268 000	2 539 000
Operating Profit	−623 000	−863 000	−551 000	−1 239 000
Financial Income	−640 000	1 000	4 000	0
Financial Costs	50 000	6 000	2 000	8 000
Financial Balance	−690 000	−5 000	2 000	−8 000
Dividends	0	0	0	0
Net Income	−1 124 000	−497 000	−283 000	−838 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 234 000	1 045 000	675 000	409 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	52 000	111 000	0	0
Fixtures	9 000	25 000	132 000	208 000
Total Tangible Assets	61 000	137 000	132 000	208 000
Total Fiancial Fixed Assets	1 672 000	116 000	0	0
Total Fixed Assets	2 967 000	1 298 000	807 000	617 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 746 000	5 964 000	837 000	1 560 000
Total Current Assets	6 106 000	8 560 000	2 336 000	2 368 000
Total Assets	9 073 000	9 858 000	3 143 000	2 985 000
Total Equity	4 564 000	5 688 000	620 000	903 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	1 500 000	1 500 000
Creditors	901 000	96 000	156 000	9 000
Unpaid Taxes	417 000	300 000	124 000	121 000
Dividends	0	0	0	0
Other Current Debt	791 000	1 373 000	743 000	452 000
Total Current Debt	2 109 000	1 770 000	1 023 000	582 000
Total Equity and Debt	9 073 000	9 858 000	3 143 000	2 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,63 %	−8,74 %	−45,65 %	−92,8 %
Debt-to-Equity Ratio	0,53	0,42	2,42	1,66
Operating Profit Margin	−15,44 %	−18,19 %	−20,28 %	−95,23 %
Current Ratio	2,9	4,84	2,28	4,07
Quick Ratio	2,9	4,84	2,28	4,07
Equity Ratio	0,5	0,58	0,2	0,3
Gross Profit Margin	99,95 %	99,87 %	100 %	97,31 %