DR. WANG AS

1464 FJELLHAMAR

Finances

Share Ownership

Return on Equity

18,33 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020
Revenue	2 764 000	2 559 000	510 000
Net Income	145 000	612 000	175 000
Total Assets	1 909 000	1 855 000	1 315 000
Total Equity	791 000	647 000	35 000

Income (NOK)	2022	2021	2020
Revenue	2 764 000	2 559 000	510 000
Expenditure	2 565 000	1 754 000	285 000
Operating Profit	200 000	805 000	224 000
Financial Income	0	0	0
Financial Costs	14 000	20 000	0
Financial Balance	−14 000	−20 000	0
Earnings Before Tax	185 000	785 000	224 000
Tax	41 000	173 000	49 000
Net Income	145 000	612 000	175 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 522 000	1 312 000	987 000
Total Current Assets	388 000	542 000	328 000
Total Assets	1 909 000	1 855 000	1 315 000
Total Retained Equity	761 000	617 000	5 000
Total Equity	791 000	647 000	35 000
Total Long-Term Debt	883 000	959 000	1 041 000
Total Current Debt	235 000	249 000	239 000
Total Equity and Debt	1 909 000	1 855 000	1 315 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 764 000	2 559 000	510 000
Other Income	0	0	0
Revenue	2 764 000	2 559 000	510 000
Cost of Goods Sold	0	0	0
Salary Costs	679 000	196 000	0
Depreciation	290 000	278 000	13 000
Impairment	0	0	0
Expenditure	2 565 000	1 754 000	285 000
Operating Profit	200 000	805 000	224 000
Financial Income	0	0	0
Financial Costs	14 000	20 000	0
Financial Balance	−14 000	−20 000	0
Dividends	0	0	170 000
Net Income	145 000	612 000	175 000

Balance details (NOK)	2022	2021	2020
Goodwill	1 160 000	827 000	987 000
Total Intangible Assets	1 160 000	827 000	987 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	362 000	486 000	0
Total Tangible Assets	362 000	486 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 522 000	1 312 000	987 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	388 000	542 000	328 000
Total Current Assets	388 000	542 000	328 000
Total Assets	1 909 000	1 855 000	1 315 000
Total Equity	791 000	647 000	35 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	883 000	959 000	1 041 000
Creditors	122 000	59 000	58 000
Unpaid Taxes	11 000	2 000	0
Dividends	0	0	170 000
Other Current Debt	69 000	16 000	3 000
Total Current Debt	235 000	249 000	239 000
Total Equity and Debt	1 909 000	1 855 000	1 315 000

Financial indicators	2022	2021	2020
Return on Equity	18,33 %	94,59 %	500 %
Debt-to-Equity Ratio	1,12	1,48	29,74
Operating Profit Margin	7,24 %	31,46 %	43,92 %
Current Ratio	1,65	2,18	1,37
Quick Ratio	1,65	2,18	1,37
Equity Ratio	0,41	0,35	0,03
Gross Profit Margin	100 %	100 %	100 %