OLAV WANGENSTEN AS

2960 RØN

Finances

Return on Equity

21,71 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 756 000	4 447 000	4 363 000	4 430 000
Net Income	1 360 000	1 119 000	1 333 000	494 000
Total Assets	20 811 000	15 221 000	15 896 000	14 891 000
Total Equity	6 263 000	5 203 000	4 383 000	3 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 756 000	4 447 000	4 363 000	4 430 000
Expenditure	2 922 000	2 913 000	2 963 000	3 188 000
Operating Profit	1 834 000	1 533 000	1 400 000	1 242 000
Financial Income	71 000	75 000	195 000	71 000
Financial Costs	203 000	154 000	−55 000	580 000
Financial Balance	−132 000	−79 000	250 000	−509 000
Earnings Before Tax	1 702 000	1 454 000	1 649 000	733 000
Tax	341 000	335 000	316 000	239 000
Net Income	1 360 000	1 119 000	1 333 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 069 000	7 638 000	8 643 000	8 714 000
Total Current Assets	12 742 000	7 583 000	7 253 000	6 178 000
Total Assets	20 811 000	15 221 000	15 896 000	14 891 000
Total Retained Equity	6 163 000	5 103 000	4 283 000	3 250 000
Total Equity	6 263 000	5 203 000	4 383 000	3 350 000
Total Long-Term Debt	1 244 000	2 290 000	3 336 000	4 381 000
Total Current Debt	13 303 000	7 729 000	8 177 000	7 160 000
Total Equity and Debt	20 811 000	15 221 000	15 896 000	14 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 711 000	2 000 000	1 806 000	2 135 000
Other Income	3 045 000	2 447 000	2 557 000	2 295 000
Revenue	4 756 000	4 447 000	4 363 000	4 430 000
Cost of Goods Sold	21 000	142 000	1 000	154 000
Salary Costs	1 711 000	1 674 000	1 830 000	1 897 000
Depreciation	393 000	357 000	431 000	426 000
Impairment	0	0	0	0
Expenditure	2 922 000	2 913 000	2 963 000	3 188 000
Operating Profit	1 834 000	1 533 000	1 400 000	1 242 000
Financial Income	71 000	75 000	195 000	71 000
Financial Costs	203 000	154 000	−55 000	580 000
Financial Balance	−132 000	−79 000	250 000	−509 000
Dividends	300 000	300 000	300 000	300 000
Net Income	1 360 000	1 119 000	1 333 000	494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	30 000	30 000	30 000
Real Eastate	3 023 000	3 237 000	3 452 000	3 589 000
Machinery and Plant Facilities	0	0	0	1 119 000
Fixtures	1 449 000	805 000	947 000	0
Total Tangible Assets	4 472 000	4 042 000	4 400 000	4 708 000
Total Fiancial Fixed Assets	3 568 000	3 566 000	4 213 000	3 976 000
Total Fixed Assets	8 069 000	7 638 000	8 643 000	8 714 000
Stock	0	0	87 000	107 000
Total Investments	10 000	5 000	5 000	5 000
Cash, Bank	10 460 000	6 174 000	4 424 000	4 080 000
Total Current Assets	12 742 000	7 583 000	7 253 000	6 178 000
Total Assets	20 811 000	15 221 000	15 896 000	14 891 000
Total Equity	6 263 000	5 203 000	4 383 000	3 350 000
Short-Term Group Debt	0	0	0	6 298 000
Total Long-Term Debt	1 244 000	2 290 000	3 336 000	4 381 000
Creditors	230 000	139 000	173 000	223 000
Unpaid Taxes	495 000	287 000	378 000	106 000
Dividends	300 000	300 000	300 000	300 000
Other Current Debt	11 937 000	6 667 000	7 010 000	232 000
Total Current Debt	13 303 000	7 729 000	8 177 000	7 160 000
Total Equity and Debt	20 811 000	15 221 000	15 896 000	14 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,71 %	21,51 %	30,41 %	14,75 %
Debt-to-Equity Ratio	0,2	0,44	0,76	1,31
Operating Profit Margin	38,56 %	34,47 %	32,09 %	28,04 %
Current Ratio	0,96	0,98	0,89	0,86
Quick Ratio	0,96	0,98	0,9	0,88
Equity Ratio	0,3	0,34	0,28	0,22
Gross Profit Margin	99,56 %	96,81 %	99,98 %	96,52 %