WIDE INDUSTRIER AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

36,1 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 879 000	23 851 000	16 945 000	18 930 000
Net Income	1 528 000	2 183 000	922 000	1 350 000
Total Assets	10 400 000	11 411 000	7 700 000	7 929 000
Total Equity	4 233 000	4 705 000	4 722 000	3 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 879 000	23 851 000	16 945 000	18 930 000
Expenditure	21 932 000	20 988 000	15 570 000	17 059 000
Operating Profit	1 947 000	2 863 000	1 374 000	1 872 000
Financial Income	70 000	47 000	52 000	33 000
Financial Costs	55 000	111 000	245 000	173 000
Financial Balance	15 000	−64 000	−193 000	−140 000
Earnings Before Tax	1 962 000	2 799 000	1 182 000	1 732 000
Tax	434 000	616 000	260 000	382 000
Net Income	1 528 000	2 183 000	922 000	1 350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	596 000	575 000	168 000	226 000
Total Current Assets	9 804 000	10 836 000	7 532 000	7 703 000
Total Assets	10 400 000	11 411 000	7 700 000	7 929 000
Total Retained Equity	4 113 000	4 585 000	4 602 000	3 680 000
Total Equity	4 233 000	4 705 000	4 722 000	3 800 000
Total Long-Term Debt	0	0	0	1 086 000
Total Current Debt	6 168 000	6 706 000	2 978 000	3 043 000
Total Equity and Debt	10 400 000	11 411 000	7 700 000	7 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 862 000	23 841 000	16 945 000	18 930 000
Other Income	17 000	11 000	0	0
Revenue	23 879 000	23 851 000	16 945 000	18 930 000
Cost of Goods Sold	8 974 000	8 604 000	5 523 000	7 674 000
Salary Costs	8 217 000	7 851 000	6 722 000	4 952 000
Depreciation	149 000	95 000	51 000	56 000
Impairment	0	0	0	0
Expenditure	21 932 000	20 988 000	15 570 000	17 059 000
Operating Profit	1 947 000	2 863 000	1 374 000	1 872 000
Financial Income	70 000	47 000	52 000	33 000
Financial Costs	55 000	111 000	245 000	173 000
Financial Balance	15 000	−64 000	−193 000	−140 000
Dividends	0	0	0	0
Net Income	1 528 000	2 183 000	922 000	1 350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	17 000	30 000	37 000
Real Eastate	469 000	383 000	103 000	128 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	176 000	35 000	61 000
Total Tangible Assets	580 000	558 000	138 000	189 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	596 000	575 000	168 000	226 000
Stock	4 098 000	3 491 000	2 767 000	2 140 000
Total Investments	0	0	0	0
Cash, Bank	1 715 000	2 162 000	1 889 000	2 690 000
Total Current Assets	9 804 000	10 836 000	7 532 000	7 703 000
Total Assets	10 400 000	11 411 000	7 700 000	7 929 000
Total Equity	4 233 000	4 705 000	4 722 000	3 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 086 000
Creditors	1 458 000	999 000	549 000	783 000
Unpaid Taxes	1 133 000	2 038 000	1 199 000	1 173 000
Dividends	0	0	0	0
Other Current Debt	3 145 000	3 066 000	977 000	642 000
Total Current Debt	6 168 000	6 706 000	2 978 000	3 043 000
Total Equity and Debt	10 400 000	11 411 000	7 700 000	7 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,1 %	46,4 %	19,53 %	35,53 %
Debt-to-Equity Ratio	0	0	0	0,29
Operating Profit Margin	8,15 %	12 %	8,11 %	9,89 %
Current Ratio	1,59	1,62	2,53	2,53
Quick Ratio	4,74	3,37	35,7	8,53
Equity Ratio	0,41	0,41	0,61	0,48
Gross Profit Margin	62,42 %	63,93 %	67,41 %	59,46 %