WATSON-MARLOW NORGE AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

115,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	19 599 000	15 392 000	2 636 000
Net Income	2 654 000	2 553 000	−1 224 000
Total Assets	7 885 000	6 257 000	2 317 000
Total Equity	2 300 000	2 300 000	1 076 000

Income (NOK)	2022	2021	2020
Revenue	19 599 000	15 392 000	2 636 000
Expenditure	16 433 000	12 908 000	3 634 000
Operating Profit	3 166 000	2 484 000	−998 000
Financial Income	248 000	457 000	0
Financial Costs	6 000	13 000	227 000
Financial Balance	242 000	444 000	−227 000
Earnings Before Tax	3 408 000	2 928 000	−1 224 000
Tax	754 000	375 000	0
Net Income	2 654 000	2 553 000	−1 224 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	154 000	27 000	39 000
Total Current Assets	7 732 000	6 229 000	2 278 000
Total Assets	7 885 000	6 257 000	2 317 000
Total Retained Equity	0	0	−1 224 000
Total Equity	2 300 000	2 300 000	1 076 000
Total Long-Term Debt	0	0	0
Total Current Debt	5 585 000	3 957 000	1 242 000
Total Equity and Debt	7 885 000	6 257 000	2 317 000

Cash flow (NOK)	2022	2021	2020
Sales Income	19 019 000	15 062 000	2 636 000
Other Income	580 000	329 000	0
Revenue	19 599 000	15 392 000	2 636 000
Cost of Goods Sold	10 330 000	8 352 000	1 252 000
Salary Costs	2 696 000	2 283 000	938 000
Depreciation	65 000	12 000	17 000
Impairment	0	0	0
Expenditure	16 433 000	12 908 000	3 634 000
Operating Profit	3 166 000	2 484 000	−998 000
Financial Income	248 000	457 000	0
Financial Costs	6 000	13 000	227 000
Financial Balance	242 000	444 000	−227 000
Dividends	2 654 000	1 329 000	0
Net Income	2 654 000	2 553 000	−1 224 000

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	154 000	27 000	39 000
Total Tangible Assets	154 000	27 000	39 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	154 000	27 000	39 000
Stock	0	54 000	71 000
Total Investments	0	0	0
Cash, Bank	4 769 000	3 718 000	1 115 000
Total Current Assets	7 732 000	6 229 000	2 278 000
Total Assets	7 885 000	6 257 000	2 317 000
Total Equity	2 300 000	2 300 000	1 076 000
Short-Term Group Debt	0	0	101 000
Total Long-Term Debt	0	0	0
Creditors	674 000	886 000	629 000
Unpaid Taxes	1 172 000	1 052 000	422 000
Dividends	2 654 000	1 329 000	0
Other Current Debt	331 000	315 000	91 000
Total Current Debt	5 585 000	3 957 000	1 242 000
Total Equity and Debt	7 885 000	6 257 000	2 317 000

Financial indicators	2022	2021	2020
Return on Equity	115,39 %	111 %	−113,75 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	16,15 %	16,14 %	−37,86 %
Current Ratio	1,38	1,57	1,83
Quick Ratio	1,38	1,6	1,95
Equity Ratio	0,29	0,37	0,46
Gross Profit Margin	47,29 %	45,74 %	52,5 %