WENCHES SALONG AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

15,21 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 915 000	2 786 000	2 434 000	2 659 000
Net Income	96 000	171 000	63 000	46 000
Total Assets	1 578 000	1 440 000	1 264 000	1 200 000
Total Equity	631 000	535 000	384 000	341 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 915 000	2 786 000	2 434 000	2 659 000
Expenditure	2 801 000	2 567 000	2 354 000	2 602 000
Operating Profit	115 000	219 000	80 000	57 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	1 000	0
Earnings Before Tax	115 000	219 000	81 000	58 000
Tax	19 000	48 000	18 000	12 000
Net Income	96 000	171 000	63 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	409 000	10 000	15 000	20 000
Total Current Assets	1 169 000	1 430 000	1 249 000	1 180 000
Total Assets	1 578 000	1 440 000	1 264 000	1 200 000
Total Retained Equity	531 000	435 000	284 000	241 000
Total Equity	631 000	535 000	384 000	341 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	945 000	905 000	880 000	859 000
Total Equity and Debt	1 578 000	1 440 000	1 264 000	1 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 915 000	2 786 000	2 417 000	2 659 000
Other Income	0	0	18 000	0
Revenue	2 915 000	2 786 000	2 434 000	2 659 000
Cost of Goods Sold	638 000	583 000	544 000	559 000
Salary Costs	1 601 000	1 630 000	1 453 000	1 670 000
Depreciation	57 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	2 801 000	2 567 000	2 354 000	2 602 000
Operating Profit	115 000	219 000	80 000	57 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	1 000	0
Dividends	0	0	20 000	20 000
Net Income	96 000	171 000	63 000	46 000

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	409 000	10 000	15 000	20 000
Total Tangible Assets	409 000	10 000	15 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	409 000	10 000	15 000	20 000
Stock	490 000	434 000	373 000	415 000
Total Investments	0	0	0	0
Cash, Bank	646 000	993 000	846 000	761 000
Total Current Assets	1 169 000	1 430 000	1 249 000	1 180 000
Total Assets	1 578 000	1 440 000	1 264 000	1 200 000
Total Equity	631 000	535 000	384 000	341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	23 000	4 000	0	8 000
Unpaid Taxes	172 000	157 000	176 000	160 000
Dividends	0	0	20 000	20 000
Other Current Debt	733 000	696 000	666 000	658 000
Total Current Debt	945 000	905 000	880 000	859 000
Total Equity and Debt	1 578 000	1 440 000	1 264 000	1 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,21 %	31,96 %	16,41 %	13,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,95 %	7,86 %	3,29 %	2,14 %
Current Ratio	1,24	1,58	1,42	1,37
Quick Ratio	2,57	3,04	2,46	2,66
Equity Ratio	0,4	0,37	0,3	0,28
Gross Profit Margin	78,11 %	79,07 %	77,65 %	78,98 %