WOODTECH AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

−195,33 %

Current Ratio

0,89

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 881 000	58 747 000	48 772 000	28 371 000
Net Income	−3 678 000	2 928 000	474 000	1 118 000
Total Assets	15 430 000	21 405 000	18 566 000	12 038 000
Total Equity	1 883 000	5 561 000	4 553 000	4 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 881 000	58 747 000	48 772 000	28 371 000
Expenditure	43 416 000	54 672 000	47 766 000	26 792 000
Operating Profit	−4 536 000	4 075 000	1 008 000	1 580 000
Financial Income	148 000	169 000	165 000	21 000
Financial Costs	325 000	486 000	564 000	241 000
Financial Balance	−177 000	−317 000	−399 000	−220 000
Earnings Before Tax	−4 714 000	3 758 000	609 000	1 360 000
Tax	−1 036 000	830 000	135 000	241 000
Net Income	−3 678 000	2 928 000	474 000	1 118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 286 000	6 094 000	5 476 000	5 320 000
Total Current Assets	9 144 000	15 311 000	13 090 000	6 718 000
Total Assets	15 430 000	21 405 000	18 566 000	12 038 000
Total Retained Equity	1 244 000	4 921 000	3 999 000	3 525 000
Total Equity	1 883 000	5 561 000	4 553 000	4 079 000
Total Long-Term Debt	3 310 000	4 704 000	3 705 000	3 468 000
Total Current Debt	10 237 000	11 140 000	10 309 000	4 491 000
Total Equity and Debt	15 430 000	21 405 000	18 566 000	12 038 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 100 000	58 140 000	48 209 000	27 804 000
Other Income	781 000	607 000	563 000	567 000
Revenue	38 881 000	58 747 000	48 772 000	28 371 000
Cost of Goods Sold	22 632 000	35 431 000	32 206 000	13 457 000
Salary Costs	16 559 000	15 316 000	12 700 000	10 286 000
Depreciation	382 000	322 000	226 000	202 000
Impairment	0	0	0	0
Expenditure	43 416 000	54 672 000	47 766 000	26 792 000
Operating Profit	−4 536 000	4 075 000	1 008 000	1 580 000
Financial Income	148 000	169 000	165 000	21 000
Financial Costs	325 000	486 000	564 000	241 000
Financial Balance	−177 000	−317 000	−399 000	−220 000
Dividends	0	0	0	0
Net Income	−3 678 000	2 928 000	474 000	1 118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 718 000	5 474 000	4 885 000	5 039 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	568 000	601 000	551 000	212 000
Total Tangible Assets	6 286 000	6 075 000	5 436 000	5 251 000
Total Fiancial Fixed Assets	0	19 000	40 000	69 000
Total Fixed Assets	6 286 000	6 094 000	5 476 000	5 320 000
Stock	889 000	792 000	567 000	525 000
Total Investments	0	0	0	0
Cash, Bank	4 087 000	9 797 000	4 932 000	3 437 000
Total Current Assets	9 144 000	15 311 000	13 090 000	6 718 000
Total Assets	15 430 000	21 405 000	18 566 000	12 038 000
Total Equity	1 883 000	5 561 000	4 553 000	4 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 310 000	4 704 000	3 705 000	3 468 000
Creditors	4 521 000	4 123 000	3 575 000	1 428 000
Unpaid Taxes	1 706 000	2 616 000	1 919 000	1 119 000
Dividends	0	0	0	0
Other Current Debt	4 010 000	4 400 000	4 815 000	1 945 000
Total Current Debt	10 237 000	11 140 000	10 309 000	4 491 000
Total Equity and Debt	15 430 000	21 405 000	18 566 000	12 038 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−195,33 %	52,65 %	10,41 %	27,41 %
Debt-to-Equity Ratio	1,76	0,85	0,81	0,85
Operating Profit Margin	−11,67 %	6,94 %	2,07 %	5,57 %
Current Ratio	0,89	1,37	1,27	1,5
Quick Ratio	0,98	1,48	1,34	1,69
Equity Ratio	0,12	0,26	0,25	0,34
Gross Profit Margin	41,79 %	39,69 %	33,97 %	52,57 %