WITSØ MASKIN AS

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

5,61 %

Current Ratio

1,42

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 065 000	11 961 000	13 439 000	15 150 000
Net Income	95 000	−30 000	162 000	860 000
Total Assets	6 324 000	6 693 000	5 838 000	6 036 000
Total Equity	1 692 000	1 597 000	1 627 000	1 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 065 000	11 961 000	13 439 000	15 150 000
Expenditure	12 801 000	11 876 000	13 102 000	13 898 000
Operating Profit	263 000	85 000	337 000	1 252 000
Financial Income	2 000	0	3 000	4 000
Financial Costs	143 000	125 000	130 000	152 000
Financial Balance	−141 000	−125 000	−127 000	−148 000
Earnings Before Tax	122 000	−39 000	209 000	1 104 000
Tax	27 000	−9 000	47 000	244 000
Net Income	95 000	−30 000	162 000	860 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 690 000	3 547 000	2 295 000	1 807 000
Total Current Assets	3 634 000	3 146 000	3 543 000	4 229 000
Total Assets	6 324 000	6 693 000	5 838 000	6 036 000
Total Retained Equity	1 592 000	1 497 000	1 527 000	1 365 000
Total Equity	1 692 000	1 597 000	1 627 000	1 465 000
Total Long-Term Debt	2 070 000	2 358 000	2 059 000	1 698 000
Total Current Debt	2 563 000	2 739 000	2 153 000	2 873 000
Total Equity and Debt	6 324 000	6 693 000	5 838 000	6 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 473 000	11 661 000	13 312 000	14 886 000
Other Income	592 000	300 000	127 000	265 000
Revenue	13 065 000	11 961 000	13 439 000	15 150 000
Cost of Goods Sold	4 812 000	4 069 000	5 580 000	6 052 000
Salary Costs	3 496 000	3 658 000	3 587 000	3 921 000
Depreciation	606 000	544 000	413 000	426 000
Impairment	0	0	0	0
Expenditure	12 801 000	11 876 000	13 102 000	13 898 000
Operating Profit	263 000	85 000	337 000	1 252 000
Financial Income	2 000	0	3 000	4 000
Financial Costs	143 000	125 000	130 000	152 000
Financial Balance	−141 000	−125 000	−127 000	−148 000
Dividends	0	0	0	0
Net Income	95 000	−30 000	162 000	860 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	177 000	204 000	196 000	215 000
Real Eastate	1 055 000	1 141 000	245 000	269 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	988 000	1 671 000	1 457 000	757 000
Total Tangible Assets	2 043 000	2 812 000	1 702 000	1 026 000
Total Fiancial Fixed Assets	470 000	531 000	398 000	566 000
Total Fixed Assets	2 690 000	3 547 000	2 295 000	1 807 000
Stock	372 000	396 000	355 000	140 000
Total Investments	0	0	0	0
Cash, Bank	838 000	174 000	1 324 000	2 247 000
Total Current Assets	3 634 000	3 146 000	3 543 000	4 229 000
Total Assets	6 324 000	6 693 000	5 838 000	6 036 000
Total Equity	1 692 000	1 597 000	1 627 000	1 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 070 000	2 358 000	2 059 000	1 698 000
Creditors	778 000	924 000	330 000	903 000
Unpaid Taxes	767 000	533 000	677 000	682 000
Dividends	0	0	0	0
Other Current Debt	1 017 000	1 282 000	1 118 000	949 000
Total Current Debt	2 563 000	2 739 000	2 153 000	2 873 000
Total Equity and Debt	6 324 000	6 693 000	5 838 000	6 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,61 %	−1,88 %	9,96 %	58,7 %
Debt-to-Equity Ratio	1,22	1,48	1,27	1,16
Operating Profit Margin	2,01 %	0,71 %	2,51 %	8,26 %
Current Ratio	1,42	1,15	1,65	1,47
Quick Ratio	1,66	1,34	1,97	1,55
Equity Ratio	0,27	0,24	0,28	0,24
Gross Profit Margin	63,17 %	65,98 %	58,48 %	60,05 %