WITOMAX INVEST AS

5363 ÅGOTNES

Finances

Return on Equity

4,1 %

Current Ratio

3,11

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	271 000	161 000	0	0
Net Income	57 000	67 000	−93 000	24 000
Total Assets	3 084 000	3 045 000	3 025 000	2 992 000
Total Equity	1 391 000	1 335 000	1 268 000	1 519 000

Income (NOK)	2022	2021	2020	2019
Revenue	271 000	161 000	0	0
Expenditure	187 000	81 000	89 000	88 000
Operating Profit	83 000	80 000	−89 000	−88 000
Financial Income	0	5 000	2 000	0
Financial Costs	2 000	0	11 000	84 000
Financial Balance	−2 000	5 000	−9 000	−84 000
Earnings Before Tax	81 000	85 000	−98 000	−172 000
Tax	25 000	18 000	−5 000	−196 000
Net Income	57 000	67 000	−93 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 883 000	2 912 000	2 940 000	2 949 000
Total Current Assets	202 000	133 000	85 000	42 000
Total Assets	3 084 000	3 045 000	3 025 000	2 992 000
Total Retained Equity	1 091 000	1 035 000	968 000	1 219 000
Total Equity	1 391 000	1 335 000	1 268 000	1 519 000
Total Long-Term Debt	1 628 000	1 664 000	1 755 000	1 753 000
Total Current Debt	65 000	47 000	3 000	−281 000
Total Equity and Debt	3 084 000	3 045 000	3 025 000	2 992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	260 000	134 000	0	0
Other Income	11 000	27 000	0	0
Revenue	271 000	161 000	0	0
Cost of Goods Sold	85 000	35 000	0	31 000
Salary Costs	0	4 000	0	3 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	187 000	81 000	89 000	88 000
Operating Profit	83 000	80 000	−89 000	−88 000
Financial Income	0	5 000	2 000	0
Financial Costs	2 000	0	11 000	84 000
Financial Balance	−2 000	5 000	−9 000	−84 000
Dividends	0	0	0	0
Net Income	57 000	67 000	−93 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 000	38 000	37 000
Real Eastate	1 480 000	1 480 000	1 480 000	1 480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	13 000	23 000	33 000
Total Tangible Assets	1 483 000	1 493 000	1 503 000	1 513 000
Total Fiancial Fixed Assets	1 400 000	1 400 000	1 400 000	1 400 000
Total Fixed Assets	2 883 000	2 912 000	2 940 000	2 949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	186 000	48 000	1 000	18 000
Total Current Assets	202 000	133 000	85 000	42 000
Total Assets	3 084 000	3 045 000	3 025 000	2 992 000
Total Equity	1 391 000	1 335 000	1 268 000	1 519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 628 000	1 664 000	1 755 000	1 753 000
Creditors	20 000	28 000	3 000	26 000
Unpaid Taxes	40 000	19 000	0	−74 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	−233 000
Total Current Debt	65 000	47 000	3 000	−281 000
Total Equity and Debt	3 084 000	3 045 000	3 025 000	2 992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,1 %	5,02 %	−7,33 %	1,58 %
Debt-to-Equity Ratio	1,17	1,25	1,38	1,15
Operating Profit Margin	30,63 %	49,69 %	-	-
Current Ratio	3,11	2,83	28,33	−0,15
Quick Ratio	3,11	2,83	28,33	−0,15
Equity Ratio	0,45	0,44	0,42	0,51
Gross Profit Margin	68,63 %	78,26 %	-	-