WOVV AS

7074 SPONGDAL

Finances

Share Ownership

Return on Equity

17,33 %

Current Ratio

9,42

Debt-to-Equity Ratio

6,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 180 000	679 000	348 000
Net Income	65 000	−98 000	216 000	91 000
Total Assets	3 127 000	1 725 000	739 000	297 000
Total Equity	375 000	310 000	408 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 185 000	1 180 000	679 000	348 000
Expenditure	2 001 000	1 274 000	397 000	225 000
Operating Profit	183 000	−94 000	282 000	123 000
Financial Income	1 000	0	1 000	0
Financial Costs	100 000	32 000	6 000	6 000
Financial Balance	−99 000	−32 000	−5 000	−6 000
Earnings Before Tax	84 000	−126 000	277 000	117 000
Tax	18 000	−28 000	61 000	26 000
Net Income	65 000	−98 000	216 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	28 000	0	0
Total Current Assets	2 976 000	1 697 000	739 000	297 000
Total Assets	3 127 000	1 725 000	739 000	297 000
Total Retained Equity	345 000	280 000	378 000	162 000
Total Equity	375 000	310 000	408 000	192 000
Total Long-Term Debt	2 437 000	1 115 000	0	1 000
Total Current Debt	316 000	300 000	331 000	104 000
Total Equity and Debt	3 127 000	1 725 000	739 000	297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 194 000	1 180 000	679 000	348 000
Other Income	−9 000	0	0	0
Revenue	2 185 000	1 180 000	679 000	348 000
Cost of Goods Sold	1 306 000	946 000	297 000	169 000
Salary Costs	0	16 000	0	0
Depreciation	25 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 001 000	1 274 000	397 000	225 000
Operating Profit	183 000	−94 000	282 000	123 000
Financial Income	1 000	0	1 000	0
Financial Costs	100 000	32 000	6 000	6 000
Financial Balance	−99 000	−32 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	65 000	−98 000	216 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	28 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	0	0	0
Total Tangible Assets	99 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	152 000	28 000	0	0
Stock	1 661 000	931 000	233 000	0
Total Investments	0	0	0	0
Cash, Bank	77 000	208 000	215 000	35 000
Total Current Assets	2 976 000	1 697 000	739 000	297 000
Total Assets	3 127 000	1 725 000	739 000	297 000
Total Equity	375 000	310 000	408 000	192 000
Short-Term Group Debt	0	0	0	54 000
Total Long-Term Debt	2 437 000	1 115 000	0	1 000
Creditors	273 000	17 000	193 000	0
Unpaid Taxes	41 000	69 000	76 000	22 000
Dividends	0	0	0	0
Other Current Debt	2 000	214 000	0	3 000
Total Current Debt	316 000	300 000	331 000	104 000
Total Equity and Debt	3 127 000	1 725 000	739 000	297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,33 %	−31,61 %	52,94 %	47,4 %
Debt-to-Equity Ratio	6,5	3,6	0	0,01
Operating Profit Margin	8,38 %	−7,97 %	41,53 %	35,34 %
Current Ratio	9,42	5,66	2,23	2,86
Quick Ratio	−2,21	−2,69	7,54	2,86
Equity Ratio	0,12	0,18	0,55	0,65
Gross Profit Margin	40,23 %	19,83 %	56,26 %	51,44 %