STUDIO WERGELANDSHAUGEN AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

85,63 %

Current Ratio

0,72

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 699 000	876 000	197 000	2 000
Net Income	−1 561 000	−905 000	−666 000	−212 000
Total Assets	784 000	1 459 000	991 000	367 000
Total Equity	−1 823 000	−1 682 000	−778 000	−112 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 699 000	876 000	197 000	2 000
Expenditure	3 660 000	1 780 000	863 000	214 000
Operating Profit	−1 961 000	−905 000	−666 000	−212 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−1 961 000	−905 000	−666 000	−212 000
Tax	−401 000	0	0	0
Net Income	−1 561 000	−905 000	−666 000	−212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	497 000	339 000	55 000
Total Current Assets	373 000	962 000	652 000	312 000
Total Assets	784 000	1 459 000	991 000	367 000
Total Retained Equity	−3 343 000	−1 782 000	−878 000	−212 000
Total Equity	−1 823 000	−1 682 000	−778 000	−112 000
Total Long-Term Debt	2 087 000	2 858 000	1 608 000	399 000
Total Current Debt	520 000	284 000	162 000	79 000
Total Equity and Debt	784 000	1 459 000	991 000	367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 264 000	350 000	54 000	2 000
Other Income	435 000	526 000	143 000	0
Revenue	1 699 000	876 000	197 000	2 000
Cost of Goods Sold	486 000	184 000	30 000	2 000
Salary Costs	1 550 000	873 000	488 000	176 000
Depreciation	142 000	136 000	44 000	2 000
Impairment	0	0	0	0
Expenditure	3 660 000	1 780 000	863 000	214 000
Operating Profit	−1 961 000	−905 000	−666 000	−212 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−1 561 000	−905 000	−666 000	−212 000

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	411 000	497 000	339 000	55 000
Total Tangible Assets	411 000	497 000	339 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	411 000	497 000	339 000	55 000
Stock	150 000	36 000	3 000	1 000
Total Investments	0	0	0	0
Cash, Bank	111 000	586 000	208 000	310 000
Total Current Assets	373 000	962 000	652 000	312 000
Total Assets	784 000	1 459 000	991 000	367 000
Total Equity	−1 823 000	−1 682 000	−778 000	−112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 087 000	2 858 000	1 608 000	399 000
Creditors	49 000	14 000	83 000	15 000
Unpaid Taxes	107 000	54 000	24 000	23 000
Dividends	0	0	0	0
Other Current Debt	365 000	216 000	54 000	41 000
Total Current Debt	520 000	284 000	162 000	79 000
Total Equity and Debt	784 000	1 459 000	991 000	367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,63 %	53,8 %	85,6 %	189,29 %
Debt-to-Equity Ratio	−1,14	−1,7	−2,07	−3,56
Operating Profit Margin	−115,42 %	−103,31 %	−338,07 %	−10 600 %
Current Ratio	0,72	3,39	4,02	3,95
Quick Ratio	1,01	3,88	4,1	4
Equity Ratio	−2,33	−1,15	−0,79	−0,31
Gross Profit Margin	71,39 %	79 %	84,77 %	0 %