ERNST WANGSVIK & SØNNER AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−9,02 %

Current Ratio

0,9

Debt-to-Equity Ratio

−26,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 343 000	2 901 000	3 089 000	2 718 000
Net Income	12 000	−53 000	−264 000	2 000
Total Assets	4 234 000	4 332 000	4 584 000	4 717 000
Total Equity	−133 000	−145 000	−92 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 343 000	2 901 000	3 089 000	2 718 000
Expenditure	3 159 000	2 802 000	3 202 000	2 614 000
Operating Profit	184 000	99 000	−113 000	104 000
Financial Income	0	0	0	0
Financial Costs	172 000	152 000	156 000	102 000
Financial Balance	−172 000	−152 000	−156 000	−102 000
Earnings Before Tax	12 000	−53 000	−268 000	3 000
Tax	0	0	−4 000	1 000
Net Income	12 000	−53 000	−264 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 495 000	3 764 000	4 059 000	4 254 000
Total Current Assets	739 000	567 000	525 000	463 000
Total Assets	4 234 000	4 332 000	4 584 000	4 717 000
Total Retained Equity	−233 000	−245 000	−192 000	72 000
Total Equity	−133 000	−145 000	−92 000	172 000
Total Long-Term Debt	3 550 000	3 550 000	3 563 000	3 604 000
Total Current Debt	817 000	927 000	1 114 000	941 000
Total Equity and Debt	4 234 000	4 332 000	4 584 000	4 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 283 000	2 805 000	3 024 000	2 317 000
Other Income	60 000	96 000	65 000	402 000
Revenue	3 343 000	2 901 000	3 089 000	2 718 000
Cost of Goods Sold	227 000	274 000	144 000	71 000
Salary Costs	1 518 000	1 318 000	1 635 000	1 385 000
Depreciation	211 000	209 000	206 000	153 000
Impairment	0	0	0	0
Expenditure	3 159 000	2 802 000	3 202 000	2 614 000
Operating Profit	184 000	99 000	−113 000	104 000
Financial Income	0	0	0	0
Financial Costs	172 000	152 000	156 000	102 000
Financial Balance	−172 000	−152 000	−156 000	−102 000
Dividends	0	0	0	0
Net Income	12 000	−53 000	−264 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 047 000	3 215 000	3 383 000	3 516 000
Machinery and Plant Facilities	76 000	88 000	100 000	47 000
Fixtures	105 000	109 000	138 000	167 000
Total Tangible Assets	3 228 000	3 412 000	3 621 000	3 730 000
Total Fiancial Fixed Assets	266 000	352 000	438 000	524 000
Total Fixed Assets	3 495 000	3 764 000	4 059 000	4 254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	140 000	282 000	76 000	269 000
Total Current Assets	739 000	567 000	525 000	463 000
Total Assets	4 234 000	4 332 000	4 584 000	4 717 000
Total Equity	−133 000	−145 000	−92 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 550 000	3 550 000	3 563 000	3 604 000
Creditors	148 000	127 000	124 000	99 000
Unpaid Taxes	198 000	145 000	144 000	88 000
Dividends	0	0	0	0
Other Current Debt	165 000	140 000	162 000	140 000
Total Current Debt	817 000	927 000	1 114 000	941 000
Total Equity and Debt	4 234 000	4 332 000	4 584 000	4 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,02 %	36,55 %	286,96 %	1,16 %
Debt-to-Equity Ratio	−26,69	−24,48	−38,73	20,95
Operating Profit Margin	5,5 %	3,41 %	−3,66 %	3,83 %
Current Ratio	0,9	0,61	0,47	0,49
Quick Ratio	0,9	0,61	0,47	0,49
Equity Ratio	−0,03	−0,03	−0,02	0,04
Gross Profit Margin	93,21 %	90,55 %	95,34 %	97,39 %