WANGEN AS

2830 RAUFOSS

Finances

Share Ownership

Return on Equity

3,17 %

Current Ratio

2,8

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 675 000	26 053 000	24 753 000	25 412 000
Net Income	282 000	907 000	240 000	517 000
Total Assets	26 874 000	22 685 000	20 838 000	25 475 000
Total Equity	8 882 000	8 600 000	7 693 000	7 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 675 000	26 053 000	24 753 000	25 412 000
Expenditure	26 770 000	24 596 000	23 949 000	24 229 000
Operating Profit	905 000	1 457 000	804 000	1 183 000
Financial Income	5 000	0	5 000	2 000
Financial Costs	538 000	291 000	492 000	508 000
Financial Balance	−533 000	−291 000	−487 000	−506 000
Earnings Before Tax	371 000	1 166 000	317 000	677 000
Tax	90 000	259 000	77 000	160 000
Net Income	282 000	907 000	240 000	517 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 903 000	17 507 000	15 920 000	16 840 000
Total Current Assets	6 971 000	5 178 000	4 918 000	8 635 000
Total Assets	26 874 000	22 685 000	20 838 000	25 475 000
Total Retained Equity	8 750 000	8 468 000	7 561 000	7 321 000
Total Equity	8 882 000	8 600 000	7 693 000	7 453 000
Total Long-Term Debt	15 504 000	11 630 000	10 425 000	15 280 000
Total Current Debt	2 488 000	2 455 000	2 720 000	2 742 000
Total Equity and Debt	26 874 000	22 685 000	20 838 000	25 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 123 000	22 552 000	21 439 000	20 479 000
Other Income	5 552 000	3 501 000	3 314 000	4 933 000
Revenue	27 675 000	26 053 000	24 753 000	25 412 000
Cost of Goods Sold	10 349 000	10 262 000	9 954 000	9 784 000
Salary Costs	8 381 000	7 978 000	7 413 000	7 795 000
Depreciation	3 668 000	2 753 000	3 116 000	3 063 000
Impairment	0	0	0	0
Expenditure	26 770 000	24 596 000	23 949 000	24 229 000
Operating Profit	905 000	1 457 000	804 000	1 183 000
Financial Income	5 000	0	5 000	2 000
Financial Costs	538 000	291 000	492 000	508 000
Financial Balance	−533 000	−291 000	−487 000	−506 000
Dividends	0	0	0	0
Net Income	282 000	907 000	240 000	517 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 762 000	8 626 000	9 013 000	6 573 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 121 000	8 861 000	6 887 000	10 247 000
Total Tangible Assets	19 883 000	17 487 000	15 900 000	16 820 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	19 903 000	17 507 000	15 920 000	16 840 000
Stock	4 300 000	2 807 000	2 691 000	2 710 000
Total Investments	0	0	0	0
Cash, Bank	995 000	919 000	1 307 000	4 258 000
Total Current Assets	6 971 000	5 178 000	4 918 000	8 635 000
Total Assets	26 874 000	22 685 000	20 838 000	25 475 000
Total Equity	8 882 000	8 600 000	7 693 000	7 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 504 000	11 630 000	10 425 000	15 280 000
Creditors	607 000	739 000	802 000	1 158 000
Unpaid Taxes	784 000	548 000	992 000	640 000
Dividends	0	0	0	0
Other Current Debt	931 000	927 000	760 000	801 000
Total Current Debt	2 488 000	2 455 000	2 720 000	2 742 000
Total Equity and Debt	26 874 000	22 685 000	20 838 000	25 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,17 %	10,55 %	3,12 %	6,94 %
Debt-to-Equity Ratio	1,75	1,35	1,36	2,05
Operating Profit Margin	3,27 %	5,59 %	3,25 %	4,66 %
Current Ratio	2,8	2,11	1,81	3,15
Quick Ratio	−3,85	−14,71	169,59	269,84
Equity Ratio	0,33	0,38	0,37	0,29
Gross Profit Margin	62,61 %	60,61 %	59,79 %	61,5 %