WENET AS

0667 OSLO

Finances

Return on Equity

33,78 %

Current Ratio

2,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 054 000	2 003 000	837 000
Net Income	150 000	183 000	87 000
Total Assets	761 000	673 000	268 000
Total Equity	444 000	294 000	111 000

Income (NOK)	2022	2021	2020
Revenue	2 054 000	2 003 000	837 000
Expenditure	1 863 000	1 769 000	726 000
Operating Profit	191 000	234 000	111 000
Financial Income	3 000	1 000	0
Financial Costs	4 000	4 000	0
Financial Balance	−1 000	−3 000	0
Earnings Before Tax	191 000	231 000	111 000
Tax	41 000	49 000	24 000
Net Income	150 000	183 000	87 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 000	11 000	17 000
Total Current Assets	756 000	662 000	251 000
Total Assets	761 000	673 000	268 000
Total Retained Equity	414 000	269 000	87 000
Total Equity	444 000	294 000	111 000
Total Long-Term Debt	0	0	0
Total Current Debt	317 000	379 000	157 000
Total Equity and Debt	761 000	673 000	268 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 054 000	2 003 000	837 000
Other Income	0	0	0
Revenue	2 054 000	2 003 000	837 000
Cost of Goods Sold	75 000	96 000	36 000
Salary Costs	1 643 000	1 563 000	638 000
Depreciation	6 000	6 000	0
Impairment	0	0	0
Expenditure	1 863 000	1 769 000	726 000
Operating Profit	191 000	234 000	111 000
Financial Income	3 000	1 000	0
Financial Costs	4 000	4 000	0
Financial Balance	−1 000	−3 000	0
Dividends	0	0	0
Net Income	150 000	183 000	87 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	5 000	11 000	17 000
Total Tangible Assets	5 000	11 000	17 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 000	11 000	17 000
Stock	0	0	0
Total Investments	496 000	250 000	0
Cash, Bank	36 000	207 000	55 000
Total Current Assets	756 000	662 000	251 000
Total Assets	761 000	673 000	268 000
Total Equity	444 000	294 000	111 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	13 000	2 000	0
Unpaid Taxes	91 000	169 000	64 000
Dividends	0	0	0
Other Current Debt	170 000	158 000	68 000
Total Current Debt	317 000	379 000	157 000
Total Equity and Debt	761 000	673 000	268 000

Financial indicators	2022	2021	2020
Return on Equity	33,78 %	62,24 %	78,38 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,3 %	11,68 %	13,26 %
Current Ratio	2,38	1,75	1,6
Quick Ratio	2,38	1,75	1,6
Equity Ratio	0,58	0,44	0,41
Gross Profit Margin	96,35 %	95,21 %	95,7 %