WIT WEB INFOTECH AS

0584 OSLO

Finances

Share Ownership

Return on Equity

−108,82 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	57 000	16 000	13 000
Net Income	−37 000	5 000	−34 000	−32 000
Total Assets	82 000	116 000	68 000	149 000
Total Equity	34 000	71 000	66 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	57 000	16 000	13 000
Expenditure	52 000	52 000	41 000	46 000
Operating Profit	−37 000	5 000	−25 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	9 000	0
Financial Balance	0	0	−9 000	0
Earnings Before Tax	−37 000	5 000	−34 000	−32 000
Tax	0	0	0	0
Net Income	−37 000	5 000	−34 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	11 000	28 000
Total Current Assets	82 000	113 000	57 000	120 000
Total Assets	82 000	116 000	68 000	149 000
Total Retained Equity	−466 000	−429 000	−434 000	−399 000
Total Equity	34 000	71 000	66 000	101 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 000	45 000	1 000	48 000
Total Equity and Debt	82 000	116 000	68 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	57 000	16 000	13 000
Other Income	0	0	0	0
Revenue	14 000	57 000	16 000	13 000
Cost of Goods Sold	8 000	1 000	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	8 000	8 000	6 000
Impairment	0	0	0	0
Expenditure	52 000	52 000	41 000	46 000
Operating Profit	−37 000	5 000	−25 000	−32 000
Financial Income	0	0	0	0
Financial Costs	0	0	9 000	0
Financial Balance	0	0	−9 000	0
Dividends	0	0	0	0
Net Income	−37 000	5 000	−34 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	11 000	19 000
Total Tangible Assets	0	3 000	11 000	19 000
Total Fiancial Fixed Assets	0	0	0	9 000
Total Fixed Assets	0	3 000	11 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	76 000	48 000	104 000
Total Current Assets	82 000	113 000	57 000	120 000
Total Assets	82 000	116 000	68 000	149 000
Total Equity	34 000	71 000	66 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	5 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	44 000	40 000	0	47 000
Total Current Debt	48 000	45 000	1 000	48 000
Total Equity and Debt	82 000	116 000	68 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−108,82 %	7,04 %	−51,52 %	−31,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−264,29 %	8,77 %	−156,25 %	−246,15 %
Current Ratio	1,71	2,51	57	2,5
Quick Ratio	1,71	2,51	57	2,5
Equity Ratio	0,41	0,61	0,97	0,68
Gross Profit Margin	42,86 %	98,25 %	100 %	100 %