AS WITEX

0162 OSLO

Finances

Share Ownership

Return on Equity

16,98 %

Current Ratio

0,18

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 624 000	4 266 000	4 036 000	8 572 000
Net Income	−640 000	−579 000	−863 000	−756 000
Total Assets	844 000	1 188 000	1 727 000	1 904 000
Total Equity	−3 769 000	−3 130 000	−2 551 000	−1 688 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 624 000	4 266 000	4 036 000	8 572 000
Expenditure	6 164 000	4 773 000	4 820 000	9 245 000
Operating Profit	−540 000	−507 000	−783 000	−674 000
Financial Income	6 000	16 000	28 000	47 000
Financial Costs	106 000	88 000	108 000	130 000
Financial Balance	−100 000	−72 000	−80 000	−83 000
Earnings Before Tax	−640 000	−579 000	−863 000	−756 000
Tax	0	0	0	0
Net Income	−640 000	−579 000	−863 000	−756 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	31 000	121 000	211 000
Total Current Assets	844 000	1 156 000	1 606 000	1 693 000
Total Assets	844 000	1 188 000	1 727 000	1 904 000
Total Retained Equity	−5 871 000	−5 231 000	−4 652 000	−3 789 000
Total Equity	−3 769 000	−3 130 000	−2 551 000	−1 688 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 613 000	4 317 000	4 278 000	3 592 000
Total Equity and Debt	844 000	1 188 000	1 727 000	1 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 624 000	3 973 000	3 855 000	8 572 000
Other Income	0	293 000	182 000	0
Revenue	5 624 000	4 266 000	4 036 000	8 572 000
Cost of Goods Sold	2 287 000	2 014 000	2 011 000	4 054 000
Salary Costs	2 073 000	1 055 000	1 186 000	2 643 000
Depreciation	31 000	90 000	90 000	111 000
Impairment	0	0	0	0
Expenditure	6 164 000	4 773 000	4 820 000	9 245 000
Operating Profit	−540 000	−507 000	−783 000	−674 000
Financial Income	6 000	16 000	28 000	47 000
Financial Costs	106 000	88 000	108 000	130 000
Financial Balance	−100 000	−72 000	−80 000	−83 000
Dividends	0	0	0	0
Net Income	−640 000	−579 000	−863 000	−756 000

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	0	31 000	121 000	211 000
Total Tangible Assets	0	31 000	121 000	211 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	31 000	121 000	211 000
Stock	560 000	899 000	1 398 000	1 415 000
Total Investments	0	0	0	0
Cash, Bank	90 000	78 000	28 000	123 000
Total Current Assets	844 000	1 156 000	1 606 000	1 693 000
Total Assets	844 000	1 188 000	1 727 000	1 904 000
Total Equity	−3 769 000	−3 130 000	−2 551 000	−1 688 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	894 000	1 355 000	1 712 000	1 309 000
Unpaid Taxes	298 000	267 000	87 000	421 000
Dividends	0	0	0	0
Other Current Debt	2 782 000	1 865 000	1 396 000	755 000
Total Current Debt	4 613 000	4 317 000	4 278 000	3 592 000
Total Equity and Debt	844 000	1 188 000	1 727 000	1 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,98 %	18,5 %	33,83 %	44,79 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−9,6 %	−11,88 %	−19,4 %	−7,86 %
Current Ratio	0,18	0,27	0,38	0,47
Quick Ratio	0,21	0,34	0,56	0,78
Equity Ratio	−4,47	−2,63	−1,48	−0,89
Gross Profit Margin	59,33 %	52,79 %	50,17 %	52,71 %