WINGVAX AS

7255 SUNDLANDET

Finances

Share Ownership

Return on Equity

15,81 %

Current Ratio

1,24

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 633 000	30 872 000	30 923 000	29 802 000
Net Income	1 252 000	1 003 000	1 741 000	551 000
Total Assets	27 422 000	30 673 000	20 406 000	16 158 000
Total Equity	7 917 000	7 165 000	6 562 000	5 551 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 633 000	30 872 000	30 923 000	29 802 000
Expenditure	31 381 000	29 706 000	28 187 000	28 710 000
Operating Profit	2 252 000	1 166 000	2 736 000	1 092 000
Financial Income	1 000	0	37 000	10 000
Financial Costs	645 000	287 000	246 000	282 000
Financial Balance	−644 000	−287 000	−209 000	−272 000
Earnings Before Tax	1 608 000	878 000	2 526 000	819 000
Tax	356 000	−125 000	785 000	269 000
Net Income	1 252 000	1 003 000	1 741 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 981 000	20 822 000	11 529 000	8 058 000
Total Current Assets	11 441 000	9 852 000	8 877 000	8 101 000
Total Assets	27 422 000	30 673 000	20 406 000	16 158 000
Total Retained Equity	2 595 000	1 843 000	1 240 000	229 000
Total Equity	7 917 000	7 165 000	6 562 000	5 551 000
Total Long-Term Debt	10 293 000	12 600 000	3 723 000	4 826 000
Total Current Debt	9 212 000	10 908 000	10 121 000	5 781 000
Total Equity and Debt	27 422 000	30 673 000	20 406 000	16 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 633 000	30 857 000	30 923 000	29 802 000
Other Income	0	15 000	0	0
Revenue	33 633 000	30 872 000	30 923 000	29 802 000
Cost of Goods Sold	4 241 000	63 000	591 000	571 000
Salary Costs	14 750 000	15 908 000	16 334 000	16 575 000
Depreciation	5 811 000	3 963 000	3 501 000	3 322 000
Impairment	0	0	0	0
Expenditure	31 381 000	29 706 000	28 187 000	28 710 000
Operating Profit	2 252 000	1 166 000	2 736 000	1 092 000
Financial Income	1 000	0	37 000	10 000
Financial Costs	645 000	287 000	246 000	282 000
Financial Balance	−644 000	−287 000	−209 000	−272 000
Dividends	500 000	400 000	730 000	0
Net Income	1 252 000	1 003 000	1 741 000	551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	851 000	600 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 769 000	19 695 000	10 844 000	7 976 000
Fixtures	17 000	37 000	57 000	82 000
Total Tangible Assets	14 786 000	19 732 000	10 901 000	8 058 000
Total Fiancial Fixed Assets	343 000	490 000	628 000	0
Total Fixed Assets	15 981 000	20 822 000	11 529 000	8 058 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 316 000	4 617 000	2 856 000	3 155 000
Total Current Assets	11 441 000	9 852 000	8 877 000	8 101 000
Total Assets	27 422 000	30 673 000	20 406 000	16 158 000
Total Equity	7 917 000	7 165 000	6 562 000	5 551 000
Short-Term Group Debt	0	4 553 000	0	0
Total Long-Term Debt	10 293 000	12 600 000	3 723 000	4 826 000
Creditors	2 438 000	354 000	4 158 000	544 000
Unpaid Taxes	3 490 000	3 457 000	2 624 000	2 961 000
Dividends	500 000	400 000	730 000	0
Other Current Debt	2 177 000	1 669 000	1 823 000	1 834 000
Total Current Debt	9 212 000	10 908 000	10 121 000	5 781 000
Total Equity and Debt	27 422 000	30 673 000	20 406 000	16 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,81 %	14 %	26,53 %	9,93 %
Debt-to-Equity Ratio	1,3	1,76	0,57	0,87
Operating Profit Margin	6,7 %	3,78 %	8,85 %	3,66 %
Current Ratio	1,24	0,9	0,88	1,4
Quick Ratio	1,24	0,9	0,88	1,4
Equity Ratio	0,29	0,23	0,32	0,34
Gross Profit Margin	87,39 %	99,8 %	98,09 %	98,08 %