WANGSMO AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

107,8 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 173 000	2 159 000	2 258 000	4 528 000
Net Income	539 000	626 000	364 000	1 094 000
Total Assets	1 521 000	1 647 000	1 604 000	2 607 000
Total Equity	500 000	500 000	907 000	913 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 173 000	2 159 000	2 258 000	4 528 000
Expenditure	1 483 000	1 355 000	1 798 000	3 147 000
Operating Profit	689 000	804 000	460 000	1 382 000
Financial Income	2 000	0	7 000	20 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	2 000	−1 000	6 000	19 000
Earnings Before Tax	691 000	803 000	467 000	1 401 000
Tax	152 000	177 000	103 000	307 000
Net Income	539 000	626 000	364 000	1 094 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 521 000	1 647 000	1 604 000	2 607 000
Total Assets	1 521 000	1 647 000	1 604 000	2 607 000
Total Retained Equity	400 000	400 000	807 000	813 000
Total Equity	500 000	500 000	907 000	913 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 021 000	1 147 000	697 000	1 694 000
Total Equity and Debt	1 521 000	1 647 000	1 604 000	2 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 173 000	2 159 000	2 258 000	4 528 000
Other Income	0	0	0	0
Revenue	2 173 000	2 159 000	2 258 000	4 528 000
Cost of Goods Sold	1 140 000	976 000	1 372 000	2 601 000
Salary Costs	261 000	265 000	264 000	277 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 483 000	1 355 000	1 798 000	3 147 000
Operating Profit	689 000	804 000	460 000	1 382 000
Financial Income	2 000	0	7 000	20 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	2 000	−1 000	6 000	19 000
Dividends	539 000	626 000	370 000	1 092 000
Net Income	539 000	626 000	364 000	1 094 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	11 000
Total Investments	0	0	0	0
Cash, Bank	956 000	1 059 000	1 243 000	1 820 000
Total Current Assets	1 521 000	1 647 000	1 604 000	2 607 000
Total Assets	1 521 000	1 647 000	1 604 000	2 607 000
Total Equity	500 000	500 000	907 000	913 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	184 000	177 000	112 000	124 000
Unpaid Taxes	106 000	167 000	112 000	170 000
Dividends	539 000	626 000	370 000	1 092 000
Other Current Debt	40 000	0	1 000	2 000
Total Current Debt	1 021 000	1 147 000	697 000	1 694 000
Total Equity and Debt	1 521 000	1 647 000	1 604 000	2 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,8 %	125,2 %	40,13 %	119,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,71 %	37,24 %	20,37 %	30,52 %
Current Ratio	1,49	1,44	2,3	1,54
Quick Ratio	1,49	1,44	2,3	1,55
Equity Ratio	0,33	0,3	0,57	0,35
Gross Profit Margin	47,54 %	54,79 %	39,24 %	42,56 %