ØLE WIKSEN AS

5009 BERGEN

Finances

Share Ownership

Return on Equity

9,59 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	362 000	400 000	136 000	773 000
Net Income	7 000	21 000	10 000	7 000
Total Assets	302 000	154 000	273 000	307 000
Total Equity	73 000	46 000	46 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	362 000	400 000	136 000	773 000
Expenditure	330 000	358 000	124 000	753 000
Operating Profit	32 000	43 000	13 000	20 000
Financial Income	0	0	0	0
Financial Costs	18 000	18 000	0	11 000
Financial Balance	−18 000	−18 000	0	−11 000
Earnings Before Tax	13 000	25 000	13 000	9 000
Tax	6 000	4 000	3 000	2 000
Net Income	7 000	21 000	10 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	16 000	16 000	16 000
Total Current Assets	285 000	138 000	257 000	290 000
Total Assets	302 000	154 000	273 000	307 000
Total Retained Equity	0	0	0	0
Total Equity	73 000	46 000	46 000	46 000
Total Long-Term Debt	67 000	108 000	139 000	66 000
Total Current Debt	162 000	0	88 000	195 000
Total Equity and Debt	302 000	154 000	273 000	307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	362 000	400 000	136 000	773 000
Other Income	0	0	0	0
Revenue	362 000	400 000	136 000	773 000
Cost of Goods Sold	121 000	117 000	36 000	479 000
Salary Costs	0	0	0	30 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	330 000	358 000	124 000	753 000
Operating Profit	32 000	43 000	13 000	20 000
Financial Income	0	0	0	0
Financial Costs	18 000	18 000	0	11 000
Financial Balance	−18 000	−18 000	0	−11 000
Dividends	0	0	0	0
Net Income	7 000	21 000	10 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	16 000	16 000	16 000
Total Intangible Assets	16 000	16 000	16 000	16 000
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	16 000	16 000	16 000	16 000
Stock	181 000	103 000	205 000	249 000
Total Investments	0	0	0	0
Cash, Bank	104 000	34 000	49 000	42 000
Total Current Assets	285 000	138 000	257 000	290 000
Total Assets	302 000	154 000	273 000	307 000
Total Equity	73 000	46 000	46 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 000	108 000	139 000	66 000
Creditors	88 000	0	88 000	191 000
Unpaid Taxes	32 000	0	0	4 000
Dividends	0	0	0	0
Other Current Debt	37 000	0	0	0
Total Current Debt	162 000	0	88 000	195 000
Total Equity and Debt	302 000	154 000	273 000	307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,59 %	45,65 %	21,74 %	15,22 %
Debt-to-Equity Ratio	0,92	2,35	3,02	1,43
Operating Profit Margin	8,84 %	10,75 %	9,56 %	2,59 %
Current Ratio	1,76	-	2,92	1,49
Quick Ratio	−15	−1,34	−2,2	−5,37
Equity Ratio	0,24	0,3	0,17	0,15
Gross Profit Margin	66,57 %	70,75 %	73,53 %	38,03 %