W-SENSE AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

−10 040 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	642 000	1 015 000	506 000	185 000
Net Income	−2 510 000	−2 082 000	−1 381 000	−253 000
Total Assets	1 181 000	1 260 000	567 000	281 000
Total Equity	25 000	−3 691 000	−1 609 000	−229 000

Income (NOK)	2022	2021	2020	2019
Revenue	642 000	1 015 000	506 000	185 000
Expenditure	2 852 000	3 227 000	1 863 000	437 000
Operating Profit	−2 211 000	−2 212 000	−1 357 000	−253 000
Financial Income	264 000	133 000	2 000	0
Financial Costs	563 000	3 000	26 000	0
Financial Balance	−299 000	130 000	−24 000	0
Earnings Before Tax	−2 510 000	−2 082 000	−1 381 000	−253 000
Tax	0	0	0	0
Net Income	−2 510 000	−2 082 000	−1 381 000	−253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	42 000	67 000	0
Total Current Assets	1 147 000	1 218 000	501 000	281 000
Total Assets	1 181 000	1 260 000	567 000	281 000
Total Retained Equity	−6 226 000	−3 716 000	−1 634 000	−253 000
Total Equity	25 000	−3 691 000	−1 609 000	−229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 156 000	4 951 000	2 177 000	509 000
Total Equity and Debt	1 181 000	1 260 000	567 000	281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	642 000	1 015 000	506 000	185 000
Other Income	0	0	0	0
Revenue	642 000	1 015 000	506 000	185 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 467 000	1 664 000	571 000	265 000
Depreciation	25 000	25 000	8 000	0
Impairment	0	0	0	0
Expenditure	2 852 000	3 227 000	1 863 000	437 000
Operating Profit	−2 211 000	−2 212 000	−1 357 000	−253 000
Financial Income	264 000	133 000	2 000	0
Financial Costs	563 000	3 000	26 000	0
Financial Balance	−299 000	130 000	−24 000	0
Dividends	0	0	0	0
Net Income	−2 510 000	−2 082 000	−1 381 000	−253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	42 000	67 000	0
Total Tangible Assets	17 000	42 000	67 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	42 000	67 000	0
Stock	453 000	453 000	0	0
Total Investments	0	0	0	0
Cash, Bank	658 000	137 000	95 000	96 000
Total Current Assets	1 147 000	1 218 000	501 000	281 000
Total Assets	1 181 000	1 260 000	567 000	281 000
Total Equity	25 000	−3 691 000	−1 609 000	−229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	159 000	42 000	113 000	56 000
Unpaid Taxes	143 000	125 000	77 000	79 000
Dividends	0	0	0	0
Other Current Debt	854 000	4 784 000	1 987 000	374 000
Total Current Debt	1 156 000	4 951 000	2 177 000	509 000
Total Equity and Debt	1 181 000	1 260 000	567 000	281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10 040 %	56,41 %	85,83 %	110,48 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−344,39 %	−217,93 %	−268,18 %	−136,76 %
Current Ratio	0,99	0,25	0,23	0,55
Quick Ratio	1,63	0,27	0,23	0,55
Equity Ratio	0,02	−2,93	−2,84	−0,81
Gross Profit Margin	100 %	100 %	100 %	100 %