WELLBORE INTEGRITY SOLUTIONS NORWAY AS

1383 ASKER

Finances

Share Ownership

Return on Equity

167,9 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019
Revenue	117 308 000	112 751 000	0
Net Income	−15 170 000	−51 134 000	−13 000
Total Assets	74 603 000	81 241 000	57 271 000
Total Equity	−9 035 000	6 135 000	17 000

Income (NOK)	2021	2020	2019
Revenue	117 308 000	112 751 000	0
Expenditure	124 973 000	163 874 000	7 000
Operating Profit	−7 665 000	−51 123 000	−7 000
Financial Income	−2 289 000	9 000	0
Financial Costs	587 000	20 000	6 000
Financial Balance	−2 876 000	−11 000	−6 000
Earnings Before Tax	−10 541 000	−51 134 000	−13 000
Tax	4 629 000	0	0
Net Income	−15 170 000	−51 134 000	−13 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	12 174 000	13 998 000	43 443 000
Total Current Assets	62 429 000	67 243 000	13 828 000
Total Assets	74 603 000	81 241 000	57 271 000
Total Retained Equity	−66 316 000	−51 146 000	−13 000
Total Equity	−9 035 000	6 135 000	17 000
Total Long-Term Debt	0	0	0
Total Current Debt	83 638 000	75 106 000	57 253 000
Total Equity and Debt	74 603 000	81 241 000	57 271 000

Cash flow (NOK)	2021	2020	2019
Sales Income	117 308 000	112 751 000	0
Other Income	0	0	0
Revenue	117 308 000	112 751 000	0
Cost of Goods Sold	6 502 000	16 427 000	0
Salary Costs	48 892 000	49 520 000	0
Depreciation	6 309 000	6 118 000	0
Impairment	0	29 455 000	0
Expenditure	124 973 000	163 874 000	7 000
Operating Profit	−7 665 000	−51 123 000	−7 000
Financial Income	−2 289 000	9 000	0
Financial Costs	587 000	20 000	6 000
Financial Balance	−2 876 000	−11 000	−6 000
Dividends	0	0	0
Net Income	−15 170 000	−51 134 000	−13 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	29 226 000
Total Intangible Assets	0	0	29 226 000
Real Eastate	0	0	0
Machinery and Plant Facilities	12 174 000	13 998 000	14 216 000
Fixtures	0	0	0
Total Tangible Assets	12 174 000	13 998 000	14 216 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	12 174 000	13 998 000	43 443 000
Stock	22 695 000	20 463 000	13 828 000
Total Investments	0	0	0
Cash, Bank	7 170 000	4 942 000	0
Total Current Assets	62 429 000	67 243 000	13 828 000
Total Assets	74 603 000	81 241 000	57 271 000
Total Equity	−9 035 000	6 135 000	17 000
Short-Term Group Debt	23 126 000	41 765 000	57 253 000
Total Long-Term Debt	0	0	0
Creditors	41 779 000	20 601 000	0
Unpaid Taxes	9 394 000	6 710 000	0
Dividends	0	0	0
Other Current Debt	4 710 000	6 029 000	0
Total Current Debt	83 638 000	75 106 000	57 253 000
Total Equity and Debt	74 603 000	81 241 000	57 271 000

Financial indicators	2021	2020	2019
Return on Equity	167,9 %	−833,48 %	−76,47 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−6,53 %	−45,34 %	-
Current Ratio	0,75	0,9	0,24
Quick Ratio	1,02	1,23	0,32
Equity Ratio	−0,12	0,08	0
Gross Profit Margin	94,46 %	85,43 %	-