INGE WALDERHAUG ENGINEERING AS

6017 ÅLESUND

Finances

Return on Equity

18,86 %

Current Ratio

3,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 601 000	1 096 000	1 293 000
Net Income	126 000	307 000	288 000	−126 000
Total Assets	965 000	904 000	727 000	407 000
Total Equity	668 000	542 000	335 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 601 000	1 096 000	1 293 000
Expenditure	1 183 000	1 208 000	762 000	1 419 000
Operating Profit	164 000	393 000	334 000	−126 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	164 000	393 000	335 000	−126 000
Tax	38 000	87 000	46 000	0
Net Income	126 000	307 000	288 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	43 000	0	4 000
Total Current Assets	890 000	861 000	726 000	402 000
Total Assets	965 000	904 000	727 000	407 000
Total Retained Equity	568 000	442 000	235 000	47 000
Total Equity	668 000	542 000	335 000	147 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	296 000	361 000	392 000	260 000
Total Equity and Debt	965 000	904 000	727 000	407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 346 000	1 601 000	1 096 000	1 293 000
Other Income	0	0	0	0
Revenue	1 346 000	1 601 000	1 096 000	1 293 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 003 000	1 021 000	625 000	1 144 000
Depreciation	8 000	1 000	4 000	8 000
Impairment	0	0	0	0
Expenditure	1 183 000	1 208 000	762 000	1 419 000
Operating Profit	164 000	393 000	334 000	−126 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	100 000	0
Net Income	126 000	307 000	288 000	−126 000

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	0	0	0
Fixtures	15 000	23 000	0	4 000
Total Tangible Assets	15 000	23 000	0	4 000
Total Fiancial Fixed Assets	60 000	20 000	0	0
Total Fixed Assets	75 000	43 000	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	719 000	593 000	293 000
Total Current Assets	890 000	861 000	726 000	402 000
Total Assets	965 000	904 000	727 000	407 000
Total Equity	668 000	542 000	335 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	4 000	0	0	0
Unpaid Taxes	149 000	170 000	164 000	140 000
Dividends	0	0	100 000	0
Other Current Debt	105 000	106 000	81 000	120 000
Total Current Debt	296 000	361 000	392 000	260 000
Total Equity and Debt	965 000	904 000	727 000	407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,86 %	56,64 %	85,97 %	−85,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,18 %	24,55 %	30,47 %	−9,74 %
Current Ratio	3,01	2,39	1,85	1,55
Quick Ratio	3,01	2,39	1,85	1,55
Equity Ratio	0,69	0,6	0,46	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %