WAFA UTVIKLING AS

5392 STOREBØ

Finances

Share Ownership

Return on Equity

27,28 %

Current Ratio

18,17

Debt-to-Equity Ratio

3,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 422 000	19 019 000	23 791 000	10 000
Net Income	836 000	−703 000	−2 496 000	−137 000
Total Assets	14 265 000	18 262 000	21 919 000	25 260 000
Total Equity	3 065 000	2 230 000	433 000	−122 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 422 000	19 019 000	23 791 000	10 000
Expenditure	1 800 000	19 344 000	25 812 000	147 000
Operating Profit	1 139 000	−326 000	−2 020 000	−137 000
Financial Income	0	0	0	0
Financial Costs	303 000	378 000	476 000	0
Financial Balance	−303 000	−378 000	−476 000	0
Earnings Before Tax	836 000	−703 000	−2 496 000	−137 000
Tax	0	0	0	0
Net Income	836 000	−703 000	−2 496 000	−137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 221 000	1 641 000
Total Current Assets	14 265 000	18 262 000	19 698 000	23 618 000
Total Assets	14 265 000	18 262 000	21 919 000	25 260 000
Total Retained Equity	836 000	0	0	−137 000
Total Equity	3 065 000	2 230 000	433 000	−122 000
Total Long-Term Debt	10 415 000	15 170 000	6 193 000	0
Total Current Debt	785 000	863 000	15 293 000	25 382 000
Total Equity and Debt	14 265 000	18 262 000	21 919 000	25 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 000	294 000	118 000	0
Other Income	16 374 000	18 725 000	23 674 000	10 000
Revenue	16 422 000	19 019 000	23 791 000	10 000
Cost of Goods Sold	1 316 000	17 472 000	25 593 000	0
Salary Costs	0	0	0	0
Depreciation	0	22 000	17 000	0
Impairment	0	0	0	0
Expenditure	1 800 000	19 344 000	25 812 000	147 000
Operating Profit	1 139 000	−326 000	−2 020 000	−137 000
Financial Income	0	0	0	0
Financial Costs	303 000	378 000	476 000	0
Financial Balance	−303 000	−378 000	−476 000	0
Dividends	0	0	0	0
Net Income	836 000	−703 000	−2 496 000	−137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 221 000	1 619 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	2 221 000	1 619 000
Total Fiancial Fixed Assets	0	0	0	22 000
Total Fixed Assets	0	0	2 221 000	1 641 000
Stock	4 839 000	18 244 000	17 651 000	23 605 000
Total Investments	0	0	0	0
Cash, Bank	0	4 000	47 000	1 000
Total Current Assets	14 265 000	18 262 000	19 698 000	23 618 000
Total Assets	14 265 000	18 262 000	21 919 000	25 260 000
Total Equity	3 065 000	2 230 000	433 000	−122 000
Short-Term Group Debt	0	0	14 571 000	25 382 000
Total Long-Term Debt	10 415 000	15 170 000	6 193 000	0
Creditors	191 000	818 000	642 000	0
Unpaid Taxes	0	9 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	495 000	36 000	78 000	0
Total Current Debt	785 000	863 000	15 293 000	25 382 000
Total Equity and Debt	14 265 000	18 262 000	21 919 000	25 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,28 %	−31,52 %	−576,44 %	112,3 %
Debt-to-Equity Ratio	3,4	6,8	14,3	−0
Operating Profit Margin	6,94 %	−1,71 %	−8,49 %	−1 370 %
Current Ratio	18,17	21,16	1,29	0,93
Quick Ratio	−3,52	−1,05	−8,35	13,29
Equity Ratio	0,21	0,12	0,02	−0
Gross Profit Margin	91,99 %	8,13 %	−7,57 %	100 %