W ENGELSEN ETTF AS

5411 STORD

Finances

Return on Equity

62,81 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 231 000	7 006 000	5 502 000	5 612 000
Net Income	483 000	288 000	251 000	302 000
Total Assets	3 749 000	3 382 000	3 432 000	3 252 000
Total Equity	769 000	676 000	687 000	698 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 231 000	7 006 000	5 502 000	5 612 000
Expenditure	6 611 000	6 629 000	5 173 000	5 230 000
Operating Profit	619 000	377 000	330 000	383 000
Financial Income	11 000	0	5 000	18 000
Financial Costs	4 000	4 000	4 000	4 000
Financial Balance	7 000	−4 000	1 000	14 000
Earnings Before Tax	627 000	374 000	330 000	397 000
Tax	144 000	86 000	80 000	95 000
Net Income	483 000	288 000	251 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	599 000	603 000	678 000	589 000
Total Current Assets	3 150 000	2 779 000	2 754 000	2 663 000
Total Assets	3 749 000	3 382 000	3 432 000	3 252 000
Total Retained Equity	369 000	276 000	287 000	298 000
Total Equity	769 000	676 000	687 000	698 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 980 000	2 705 000	2 746 000	2 555 000
Total Equity and Debt	3 749 000	3 382 000	3 432 000	3 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 231 000	7 006 000	5 502 000	5 612 000
Other Income	0	0	0	0
Revenue	7 231 000	7 006 000	5 502 000	5 612 000
Cost of Goods Sold	33 000	39 000	73 000	161 000
Salary Costs	4 401 000	4 188 000	3 231 000	2 985 000
Depreciation	16 000	16 000	16 000	0
Impairment	0	0	0	0
Expenditure	6 611 000	6 629 000	5 173 000	5 230 000
Operating Profit	619 000	377 000	330 000	383 000
Financial Income	11 000	0	5 000	18 000
Financial Costs	4 000	4 000	4 000	4 000
Financial Balance	7 000	−4 000	1 000	14 000
Dividends	0	298 000	262 000	0
Net Income	483 000	288 000	251 000	302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	256 000	259 000	318 000	293 000
Real Eastate	70 000	70 000	70 000	70 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	273 000	274 000	290 000	226 000
Total Tangible Assets	343 000	344 000	360 000	296 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	599 000	603 000	678 000	589 000
Stock	212 000	239 000	239 000	244 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	1 399 000	1 069 000	1 853 000	1 602 000
Total Current Assets	3 150 000	2 779 000	2 754 000	2 663 000
Total Assets	3 749 000	3 382 000	3 432 000	3 252 000
Total Equity	769 000	676 000	687 000	698 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	193 000	318 000	203 000	212 000
Unpaid Taxes	1 154 000	963 000	826 000	646 000
Dividends	0	298 000	262 000	0
Other Current Debt	1 101 000	1 100 000	1 350 000	1 567 000
Total Current Debt	2 980 000	2 705 000	2 746 000	2 555 000
Total Equity and Debt	3 749 000	3 382 000	3 432 000	3 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,81 %	42,6 %	36,54 %	43,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,56 %	5,38 %	6 %	6,82 %
Current Ratio	1,06	1,03	1	1,04
Quick Ratio	1,14	1,13	1,1	1,15
Equity Ratio	0,21	0,2	0,2	0,21
Gross Profit Margin	99,54 %	99,44 %	98,67 %	97,13 %