WITCHETTY AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

−67,19 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	852 000	852 000	449 000	895 000
Net Income	−213 000	−71 000	208 000	194 000
Total Assets	630 000	808 000	827 000	686 000
Total Equity	317 000	530 000	601 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	852 000	852 000	449 000	895 000
Expenditure	850 000	867 000	477 000	720 000
Operating Profit	2 000	−15 000	−29 000	175 000
Financial Income	10 000	12 000	52 000	261 000
Financial Costs	222 000	72 000	−180 000	201 000
Financial Balance	−212 000	−60 000	232 000	60 000
Earnings Before Tax	−210 000	−75 000	203 000	234 000
Tax	4 000	−4 000	−6 000	40 000
Net Income	−213 000	−71 000	208 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	421 000	600 000	692 000	463 000
Total Current Assets	210 000	208 000	135 000	222 000
Total Assets	630 000	808 000	827 000	686 000
Total Retained Equity	217 000	430 000	501 000	292 000
Total Equity	317 000	530 000	601 000	392 000
Total Long-Term Debt	58 000	72 000	90 000	112 000
Total Current Debt	256 000	207 000	136 000	181 000
Total Equity and Debt	630 000	808 000	827 000	686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	852 000	852 000	449 000	895 000
Other Income	0	0	0	0
Revenue	852 000	852 000	449 000	895 000
Cost of Goods Sold	0	0	0	0
Salary Costs	722 000	744 000	378 000	565 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	850 000	867 000	477 000	720 000
Operating Profit	2 000	−15 000	−29 000	175 000
Financial Income	10 000	12 000	52 000	261 000
Financial Costs	222 000	72 000	−180 000	201 000
Financial Balance	−212 000	−60 000	232 000	60 000
Dividends	0	0	0	600 000
Net Income	−213 000	−71 000	208 000	194 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	421 000	600 000	692 000	463 000
Total Fixed Assets	421 000	600 000	692 000	463 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	210 000	208 000	130 000	212 000
Total Current Assets	210 000	208 000	135 000	222 000
Total Assets	630 000	808 000	827 000	686 000
Total Equity	317 000	530 000	601 000	392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 000	72 000	90 000	112 000
Creditors	16 000	5 000	1 000	0
Unpaid Taxes	84 000	78 000	80 000	53 000
Dividends	0	0	0	600 000
Other Current Debt	143 000	110 000	39 000	59 000
Total Current Debt	256 000	207 000	136 000	181 000
Total Equity and Debt	630 000	808 000	827 000	686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,19 %	−13,4 %	34,61 %	49,49 %
Debt-to-Equity Ratio	0,18	0,14	0,15	0,29
Operating Profit Margin	0,23 %	−1,76 %	−6,46 %	19,55 %
Current Ratio	0,82	1	0,99	1,23
Quick Ratio	0,82	1	0,99	1,23
Equity Ratio	0,5	0,66	0,73	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %