NORSK WAX AS

3257 LARVIK

Finances

Share Ownership

Return on Equity

18,92 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 847 000	46 260 000	45 833 000	45 465 000
Net Income	2 633 000	2 365 000	4 603 000	2 998 000
Total Assets	30 188 000	28 657 000	22 218 000	17 005 000
Total Equity	13 914 000	13 782 000	12 116 000	7 513 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 847 000	46 260 000	45 833 000	45 465 000
Expenditure	56 376 000	42 946 000	40 269 000	41 338 000
Operating Profit	3 472 000	3 315 000	5 564 000	4 127 000
Financial Income	1 488 000	1 224 000	2 591 000	749 000
Financial Costs	1 594 000	1 412 000	2 241 000	1 004 000
Financial Balance	−106 000	−188 000	350 000	−255 000
Earnings Before Tax	3 366 000	3 126 000	5 915 000	3 872 000
Tax	734 000	761 000	1 312 000	874 000
Net Income	2 633 000	2 365 000	4 603 000	2 998 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	231 000	392 000	475 000
Total Current Assets	29 969 000	28 426 000	21 826 000	16 529 000
Total Assets	30 188 000	28 657 000	22 218 000	17 005 000
Total Retained Equity	−36 000	−2 668 000	11 116 000	6 513 000
Total Equity	13 914 000	13 782 000	12 116 000	7 513 000
Total Long-Term Debt	0	38 000	128 000	215 000
Total Current Debt	16 274 000	14 837 000	9 973 000	9 277 000
Total Equity and Debt	30 188 000	28 657 000	22 218 000	17 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 147 000	46 022 000	45 032 000	45 199 000
Other Income	700 000	238 000	801 000	266 000
Revenue	59 847 000	46 260 000	45 833 000	45 465 000
Cost of Goods Sold	46 903 000	36 051 000	34 498 000	35 787 000
Salary Costs	3 640 000	3 196 000	2 987 000	2 721 000
Depreciation	118 000	234 000	208 000	208 000
Impairment	0	0	0	0
Expenditure	56 376 000	42 946 000	40 269 000	41 338 000
Operating Profit	3 472 000	3 315 000	5 564 000	4 127 000
Financial Income	1 488 000	1 224 000	2 591 000	749 000
Financial Costs	1 594 000	1 412 000	2 241 000	1 004 000
Financial Balance	−106 000	−188 000	350 000	−255 000
Dividends	2 500 000	0	0	1 500 000
Net Income	2 633 000	2 365 000	4 603 000	2 998 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	68 000	141 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	250 000	0
Fixtures	112 000	113 000	0	433 000
Total Tangible Assets	112 000	113 000	250 000	433 000
Total Fiancial Fixed Assets	72 000	50 000	0	0
Total Fixed Assets	219 000	231 000	392 000	475 000
Stock	7 313 000	7 360 000	3 618 000	2 476 000
Total Investments	0	0	0	0
Cash, Bank	5 227 000	4 750 000	9 701 000	1 864 000
Total Current Assets	29 969 000	28 426 000	21 826 000	16 529 000
Total Assets	30 188 000	28 657 000	22 218 000	17 005 000
Total Equity	13 914 000	13 782 000	12 116 000	7 513 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	38 000	128 000	215 000
Creditors	719 000	3 666 000	1 460 000	2 286 000
Unpaid Taxes	413 000	179 000	384 000	357 000
Dividends	2 500 000	0	0	1 500 000
Other Current Debt	12 059 000	10 299 000	6 846 000	4 361 000
Total Current Debt	16 274 000	14 837 000	9 973 000	9 277 000
Total Equity and Debt	30 188 000	28 657 000	22 218 000	17 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,92 %	17,16 %	37,99 %	39,9 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	5,8 %	7,17 %	12,14 %	9,08 %
Current Ratio	1,84	1,92	2,19	1,78
Quick Ratio	3,34	3,8	3,43	2,43
Equity Ratio	0,46	0,48	0,55	0,44
Gross Profit Margin	21,63 %	22,07 %	24,73 %	21,29 %