WITRE AS

1767 HALDEN

Finances

Share Ownership

Return on Equity

31,35 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 959 000	91 972 000	86 041 000	91 751 000
Net Income	8 978 000	4 637 000	841 000	3 996 000
Total Assets	48 070 000	37 343 000	28 995 000	27 271 000
Total Equity	28 637 000	19 659 000	15 022 000	14 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 959 000	91 972 000	86 041 000	91 751 000
Expenditure	94 391 000	86 158 000	84 821 000	86 601 000
Operating Profit	11 568 000	5 813 000	1 220 000	5 150 000
Financial Income	158 000	208 000	125 000	30 000
Financial Costs	276 000	130 000	267 000	33 000
Financial Balance	−118 000	78 000	−142 000	−3 000
Earnings Before Tax	11 450 000	5 892 000	1 078 000	5 147 000
Tax	2 472 000	1 255 000	238 000	1 151 000
Net Income	8 978 000	4 637 000	841 000	3 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	402 000	352 000	215 000	234 000
Total Current Assets	47 668 000	36 991 000	28 780 000	27 036 000
Total Assets	48 070 000	37 343 000	28 995 000	27 271 000
Total Retained Equity	27 637 000	18 659 000	14 022 000	13 181 000
Total Equity	28 637 000	19 659 000	15 022 000	14 181 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 433 000	17 683 000	13 973 000	13 089 000
Total Equity and Debt	48 070 000	37 343 000	28 995 000	27 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 669 000	91 034 000	84 764 000	91 132 000
Other Income	1 289 000	938 000	1 276 000	619 000
Revenue	105 959 000	91 972 000	86 041 000	91 751 000
Cost of Goods Sold	56 251 000	49 629 000	51 232 000	52 084 000
Salary Costs	6 665 000	5 798 000	5 950 000	6 573 000
Depreciation	45 000	20 000	58 000	93 000
Impairment	0	0	0	0
Expenditure	94 391 000	86 158 000	84 821 000	86 601 000
Operating Profit	11 568 000	5 813 000	1 220 000	5 150 000
Financial Income	158 000	208 000	125 000	30 000
Financial Costs	276 000	130 000	267 000	33 000
Financial Balance	−118 000	78 000	−142 000	−3 000
Dividends	0	0	0	0
Net Income	8 978 000	4 637 000	841 000	3 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	331 000	236 000	207 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	116 000	8 000	66 000
Total Tangible Assets	71 000	116 000	8 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	402 000	352 000	215 000	234 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 375 000	21 200 000	16 137 000	15 488 000
Total Current Assets	47 668 000	36 991 000	28 780 000	27 036 000
Total Assets	48 070 000	37 343 000	28 995 000	27 271 000
Total Equity	28 637 000	19 659 000	15 022 000	14 181 000
Short-Term Group Debt	5 132 000	7 129 000	7 544 000	0
Total Long-Term Debt	0	0	0	0
Creditors	132 000	179 000	272 000	44 000
Unpaid Taxes	5 954 000	5 395 000	4 990 000	4 332 000
Dividends	0	0	0	0
Other Current Debt	4 550 000	3 583 000	907 000	7 097 000
Total Current Debt	19 433 000	17 683 000	13 973 000	13 089 000
Total Equity and Debt	48 070 000	37 343 000	28 995 000	27 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,35 %	23,59 %	5,6 %	28,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,92 %	6,32 %	1,42 %	5,61 %
Current Ratio	2,45	2,09	2,06	2,07
Quick Ratio	2,45	2,09	2,06	2,07
Equity Ratio	0,6	0,53	0,52	0,52
Gross Profit Margin	46,91 %	46,04 %	40,46 %	43,23 %