WITRO AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

−21,22 %

Current Ratio

1,48

Debt-to-Equity Ratio

8,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 802 000	5 427 000	5 588 000	5 586 000
Net Income	−1 676 000	134 000	−542 000	−139 000
Total Assets	79 931 000	75 579 000	73 010 000	72 490 000
Total Equity	7 900 000	9 577 000	9 489 000	9 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 802 000	5 427 000	5 588 000	5 586 000
Expenditure	3 350 000	3 489 000	3 055 000	3 048 000
Operating Profit	2 452 000	1 939 000	2 534 000	2 538 000
Financial Income	0	80 000	0	0
Financial Costs	4 601 000	1 847 000	3 228 000	2 716 000
Financial Balance	−4 601 000	−1 767 000	−3 228 000	−2 716 000
Earnings Before Tax	−2 149 000	172 000	−694 000	−178 000
Tax	−473 000	38 000	−153 000	−39 000
Net Income	−1 676 000	134 000	−542 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 534 000	72 797 000	72 596 000	72 091 000
Total Current Assets	4 397 000	2 782 000	414 000	399 000
Total Assets	79 931 000	75 579 000	73 010 000	72 490 000
Total Retained Equity	0	1 641 000	1 554 000	2 095 000
Total Equity	7 900 000	9 577 000	9 489 000	9 992 000
Total Long-Term Debt	69 061 000	63 278 000	60 833 000	60 421 000
Total Current Debt	2 969 000	2 725 000	2 688 000	2 077 000
Total Equity and Debt	79 931 000	75 579 000	73 010 000	72 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	17 000	31 000	59 000
Other Income	5 769 000	5 410 000	5 557 000	5 527 000
Revenue	5 802 000	5 427 000	5 588 000	5 586 000
Cost of Goods Sold	1 097 000	1 153 000	956 000	908 000
Salary Costs	1 583 000	1 580 000	1 499 000	1 542 000
Depreciation	458 000	400 000	373 000	364 000
Impairment	0	0	0	0
Expenditure	3 350 000	3 489 000	3 055 000	3 048 000
Operating Profit	2 452 000	1 939 000	2 534 000	2 538 000
Financial Income	0	80 000	0	0
Financial Costs	4 601 000	1 847 000	3 228 000	2 716 000
Financial Balance	−4 601 000	−1 767 000	−3 228 000	−2 716 000
Dividends	0	0	0	0
Net Income	−1 676 000	134 000	−542 000	−139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	267 000	0	0	0
Real Eastate	74 812 000	72 427 000	72 257 000	71 791 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	0	0	0
Total Tangible Assets	74 877 000	72 427 000	72 257 000	71 791 000
Total Fiancial Fixed Assets	390 000	370 000	338 000	300 000
Total Fixed Assets	75 534 000	72 797 000	72 596 000	72 091 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 327 000	2 680 000	236 000	226 000
Total Current Assets	4 397 000	2 782 000	414 000	399 000
Total Assets	79 931 000	75 579 000	73 010 000	72 490 000
Total Equity	7 900 000	9 577 000	9 489 000	9 992 000
Short-Term Group Debt	1 336 000	1 332 000	1 382 000	902 000
Total Long-Term Debt	69 061 000	63 278 000	60 833 000	60 421 000
Creditors	875 000	678 000	641 000	541 000
Unpaid Taxes	135 000	131 000	117 000	126 000
Dividends	0	0	0	0
Other Current Debt	624 000	583 000	547 000	505 000
Total Current Debt	2 969 000	2 725 000	2 688 000	2 077 000
Total Equity and Debt	79 931 000	75 579 000	73 010 000	72 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,22 %	1,4 %	−5,71 %	−1,39 %
Debt-to-Equity Ratio	8,74	6,61	6,41	6,05
Operating Profit Margin	42,26 %	35,73 %	45,35 %	45,44 %
Current Ratio	1,48	1,02	0,15	0,19
Quick Ratio	1,48	1,02	0,15	0,19
Equity Ratio	0,1	0,13	0,13	0,14
Gross Profit Margin	81,09 %	78,75 %	82,89 %	83,75 %