W.PRODUCTS AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−5,1 %

Current Ratio

0,15

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	413 000	444 000	309 000	300 000
Net Income	192 000	214 000	173 000	281 000
Total Assets	678 000	582 000	687 000	2 466 000
Total Equity	−3 768 000	−3 960 000	−4 174 000	−4 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	413 000	444 000	309 000	300 000
Expenditure	222 000	230 000	137 000	−2 000
Operating Profit	192 000	214 000	172 000	302 000
Financial Income	0	0	1 000	5 000
Financial Costs	0	0	0	26 000
Financial Balance	0	0	1 000	−21 000
Earnings Before Tax	192 000	214 000	173 000	281 000
Tax	0	0	0	0
Net Income	192 000	214 000	173 000	281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	567 000	667 000	0
Total Current Assets	678 000	15 000	20 000	2 466 000
Total Assets	678 000	582 000	687 000	2 466 000
Total Retained Equity	−9 864 000	−10 055 000	−10 269 000	−10 442 000
Total Equity	−3 768 000	−3 960 000	−4 174 000	−4 347 000
Total Long-Term Debt	0	0	0	3 961 000
Total Current Debt	4 446 000	4 542 000	4 861 000	2 852 000
Total Equity and Debt	678 000	582 000	687 000	2 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	370 000	284 000	300 000
Other Income	113 000	74 000	25 000	0
Revenue	413 000	444 000	309 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	−16 000
Depreciation	75 000	100 000	33 000	0
Impairment	0	0	0	0
Expenditure	222 000	230 000	137 000	−2 000
Operating Profit	192 000	214 000	172 000	302 000
Financial Income	0	0	1 000	5 000
Financial Costs	0	0	0	26 000
Financial Balance	0	0	1 000	−21 000
Dividends	0	0	0	0
Net Income	192 000	214 000	173 000	281 000

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	567 000	667 000	0
Fixtures	0	0	0	0
Total Tangible Assets	0	567 000	667 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	567 000	667 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	8 000	17 000	69 000
Total Current Assets	678 000	15 000	20 000	2 466 000
Total Assets	678 000	582 000	687 000	2 466 000
Total Equity	−3 768 000	−3 960 000	−4 174 000	−4 347 000
Short-Term Group Debt	1 025 000	0	0	0
Total Long-Term Debt	0	0	0	3 961 000
Creditors	6 000	5 000	81 000	99 000
Unpaid Taxes	135 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 280 000	4 535 000	4 780 000	2 753 000
Total Current Debt	4 446 000	4 542 000	4 861 000	2 852 000
Total Equity and Debt	678 000	582 000	687 000	2 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,1 %	−5,4 %	−4,14 %	−6,46 %
Debt-to-Equity Ratio	−0	−0	−0	−0,91
Operating Profit Margin	46,49 %	48,2 %	55,66 %	100,67 %
Current Ratio	0,15	0	0	0,86
Quick Ratio	0,15	0	0	0,86
Equity Ratio	−5,56	−6,8	−6,08	−1,76
Gross Profit Margin	100 %	100 %	100 %	100 %