W5 NORWAY AS

3618 SKOLLENBORG

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

3,33

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 355 000	28 596 000	37 326 000	25 951 000
Net Income	822 000	−427 000	2 067 000	59 000
Total Assets	33 213 000	31 994 000	33 437 000	24 970 000
Total Equity	22 212 000	21 390 000	21 817 000	19 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 355 000	28 596 000	37 326 000	25 951 000
Expenditure	42 158 000	28 878 000	34 627 000	25 894 000
Operating Profit	1 197 000	−282 000	2 698 000	56 000
Financial Income	38 000	91 000	42 000	41 000
Financial Costs	268 000	236 000	95 000	23 000
Financial Balance	−230 000	−145 000	−53 000	18 000
Earnings Before Tax	967 000	−427 000	2 645 000	73 000
Tax	145 000	0	579 000	14 000
Net Income	822 000	−427 000	2 067 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 668 000	11 057 000	10 348 000	6 800 000
Total Current Assets	22 545 000	20 937 000	23 089 000	18 170 000
Total Assets	33 213 000	31 994 000	33 437 000	24 970 000
Total Retained Equity	21 723 000	20 901 000	21 328 000	19 261 000
Total Equity	22 212 000	21 390 000	21 817 000	19 750 000
Total Long-Term Debt	4 231 000	5 000 000	5 000 000	400 000
Total Current Debt	6 770 000	5 604 000	6 619 000	4 820 000
Total Equity and Debt	33 213 000	31 994 000	33 437 000	24 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 355 000	28 596 000	37 111 000	25 951 000
Other Income	0	0	214 000	0
Revenue	43 355 000	28 596 000	37 326 000	25 951 000
Cost of Goods Sold	18 301 000	11 774 000	19 066 000	10 318 000
Salary Costs	13 822 000	10 582 000	10 220 000	10 647 000
Depreciation	3 805 000	2 800 000	1 850 000	1 159 000
Impairment	0	0	0	0
Expenditure	42 158 000	28 878 000	34 627 000	25 894 000
Operating Profit	1 197 000	−282 000	2 698 000	56 000
Financial Income	38 000	91 000	42 000	41 000
Financial Costs	268 000	236 000	95 000	23 000
Financial Balance	−230 000	−145 000	−53 000	18 000
Dividends	0	0	0	0
Net Income	822 000	−427 000	2 067 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 514 000	10 890 000	10 138 000	6 502 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	167 000	210 000	297 000
Total Tangible Assets	154 000	167 000	210 000	297 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 668 000	11 057 000	10 348 000	6 800 000
Stock	11 122 000	8 474 000	7 713 000	7 578 000
Total Investments	0	0	0	0
Cash, Bank	2 635 000	7 291 000	8 857 000	7 179 000
Total Current Assets	22 545 000	20 937 000	23 089 000	18 170 000
Total Assets	33 213 000	31 994 000	33 437 000	24 970 000
Total Equity	22 212 000	21 390 000	21 817 000	19 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 231 000	5 000 000	5 000 000	400 000
Creditors	2 404 000	1 697 000	2 457 000	794 000
Unpaid Taxes	1 312 000	1 884 000	1 393 000	1 274 000
Dividends	0	0	0	0
Other Current Debt	3 054 000	2 022 000	2 769 000	2 751 000
Total Current Debt	6 770 000	5 604 000	6 619 000	4 820 000
Total Equity and Debt	33 213 000	31 994 000	33 437 000	24 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	−2 %	9,47 %	0,3 %
Debt-to-Equity Ratio	0,19	0,23	0,23	0,02
Operating Profit Margin	2,76 %	−0,99 %	7,23 %	0,22 %
Current Ratio	3,33	3,74	3,49	3,77
Quick Ratio	−5,18	−7,3	−21,11	−6,59
Equity Ratio	0,67	0,67	0,65	0,79
Gross Profit Margin	57,79 %	58,83 %	48,92 %	60,24 %