WG HARSTAD AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

−68,23 %

Current Ratio

3,59

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 670 000	2 851 000	2 544 000	2 443 000
Net Income	−436 000	−107 000	−485 000	95 000
Total Assets	1 943 000	2 015 000	2 390 000	2 857 000
Total Equity	639 000	−97 000	10 000	495 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 670 000	2 851 000	2 544 000	2 443 000
Expenditure	2 053 000	2 910 000	2 959 000	2 248 000
Operating Profit	−383 000	−59 000	−416 000	194 000
Financial Income	0	1 000	0	0
Financial Costs	52 000	49 000	96 000	72 000
Financial Balance	−52 000	−48 000	−96 000	−72 000
Earnings Before Tax	−436 000	−107 000	−512 000	122 000
Tax	0	0	−27 000	27 000
Net Income	−436 000	−107 000	−485 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	855 000	888 000	1 006 000	1 067 000
Total Current Assets	1 088 000	1 127 000	1 384 000	1 790 000
Total Assets	1 943 000	2 015 000	2 390 000	2 857 000
Total Retained Equity	−933 000	−497 000	−390 000	95 000
Total Equity	639 000	−97 000	10 000	495 000
Total Long-Term Debt	1 001 000	1 494 000	1 708 000	1 824 000
Total Current Debt	303 000	619 000	672 000	537 000
Total Equity and Debt	1 943 000	2 015 000	2 390 000	2 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 726 000	2 743 000	2 483 000	2 443 000
Other Income	−56 000	108 000	60 000	0
Revenue	1 670 000	2 851 000	2 544 000	2 443 000
Cost of Goods Sold	1 055 000	1 446 000	1 520 000	1 009 000
Salary Costs	392 000	762 000	725 000	515 000
Depreciation	27 000	123 000	75 000	48 000
Impairment	0	0	0	0
Expenditure	2 053 000	2 910 000	2 959 000	2 248 000
Operating Profit	−383 000	−59 000	−416 000	194 000
Financial Income	0	1 000	0	0
Financial Costs	52 000	49 000	96 000	72 000
Financial Balance	−52 000	−48 000	−96 000	−72 000
Dividends	0	0	0	0
Net Income	−436 000	−107 000	−485 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	855 000	882 000	1 006 000	1 036 000
Total Tangible Assets	855 000	882 000	1 006 000	1 036 000
Total Fiancial Fixed Assets	0	6 000	0	31 000
Total Fixed Assets	855 000	888 000	1 006 000	1 067 000
Stock	753 000	902 000	1 009 000	1 272 000
Total Investments	0	0	0	0
Cash, Bank	277 000	228 000	390 000	517 000
Total Current Assets	1 088 000	1 127 000	1 384 000	1 790 000
Total Assets	1 943 000	2 015 000	2 390 000	2 857 000
Total Equity	639 000	−97 000	10 000	495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 001 000	1 494 000	1 708 000	1 824 000
Creditors	151 000	331 000	450 000	306 000
Unpaid Taxes	65 000	129 000	89 000	140 000
Dividends	0	0	0	0
Other Current Debt	87 000	160 000	133 000	92 000
Total Current Debt	303 000	619 000	672 000	537 000
Total Equity and Debt	1 943 000	2 015 000	2 390 000	2 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−68,23 %	110,31 %	−4 850 %	19,19 %
Debt-to-Equity Ratio	1,57	−15,4	170,8	3,68
Operating Profit Margin	−22,93 %	−2,07 %	−16,35 %	7,94 %
Current Ratio	3,59	1,82	2,06	3,33
Quick Ratio	−2,42	−3,98	−4,11	−2,44
Equity Ratio	0,33	−0,05	0	0,17
Gross Profit Margin	36,83 %	49,28 %	40,25 %	58,7 %