WANGBERG VVS AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

9,75 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 214 000	2 442 000	1 649 000	1 548 000
Net Income	39 000	−62 000	−155 000	−109 000
Total Assets	1 494 000	1 601 000	795 000	745 000
Total Equity	400 000	361 000	423 000	579 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 214 000	2 442 000	1 649 000	1 548 000
Expenditure	2 159 000	2 516 000	1 840 000	1 724 000
Operating Profit	55 000	−73 000	−191 000	−176 000
Financial Income	0	0	2 000	2 000
Financial Costs	5 000	7 000	10 000	7 000
Financial Balance	−5 000	−7 000	−8 000	−5 000
Earnings Before Tax	50 000	−80 000	−199 000	−181 000
Tax	11 000	−18 000	−44 000	−72 000
Net Income	39 000	−62 000	−155 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	679 000	449 000	146 000	102 000
Total Current Assets	816 000	1 153 000	649 000	643 000
Total Assets	1 494 000	1 601 000	795 000	745 000
Total Retained Equity	242 000	203 000	265 000	420 000
Total Equity	400 000	361 000	423 000	579 000
Total Long-Term Debt	260 000	260 000	0	0
Total Current Debt	834 000	980 000	371 000	167 000
Total Equity and Debt	1 494 000	1 601 000	795 000	745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 214 000	2 442 000	1 649 000	1 548 000
Other Income	0	0	0	0
Revenue	2 214 000	2 442 000	1 649 000	1 548 000
Cost of Goods Sold	1 515 000	1 900 000	1 247 000	1 197 000
Salary Costs	208 000	245 000	279 000	248 000
Depreciation	85 000	57 000	0	0
Impairment	0	0	0	0
Expenditure	2 159 000	2 516 000	1 840 000	1 724 000
Operating Profit	55 000	−73 000	−191 000	−176 000
Financial Income	0	0	2 000	2 000
Financial Costs	5 000	7 000	10 000	7 000
Financial Balance	−5 000	−7 000	−8 000	−5 000
Dividends	0	0	0	0
Net Income	39 000	−62 000	−155 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	164 000	146 000	102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	310 000	0	0	0
Fixtures	217 000	285 000	0	0
Total Tangible Assets	526 000	285 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	679 000	449 000	146 000	102 000
Stock	0	497 000	0	0
Total Investments	0	0	0	0
Cash, Bank	737 000	545 000	517 000	457 000
Total Current Assets	816 000	1 153 000	649 000	643 000
Total Assets	1 494 000	1 601 000	795 000	745 000
Total Equity	400 000	361 000	423 000	579 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	260 000	260 000	0	0
Creditors	741 000	1 097 000	207 000	121 000
Unpaid Taxes	16 000	−148 000	24 000	11 000
Dividends	0	0	0	0
Other Current Debt	77 000	31 000	140 000	34 000
Total Current Debt	834 000	980 000	371 000	167 000
Total Equity and Debt	1 494 000	1 601 000	795 000	745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,75 %	−17,17 %	−36,64 %	−18,83 %
Debt-to-Equity Ratio	0,65	0,72	0	0
Operating Profit Margin	2,48 %	−2,99 %	−11,58 %	−11,37 %
Current Ratio	0,98	1,18	1,75	3,85
Quick Ratio	0,98	2,39	1,75	3,85
Equity Ratio	0,27	0,23	0,53	0,78
Gross Profit Margin	31,57 %	22,19 %	24,38 %	22,67 %