WINDING TECHNOLOGY AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

40,38 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 383 000	1 510 000	1 850 000	4 365 000
Net Income	−3 258 000	−3 258 000	−2 778 000	−39 000
Total Assets	2 053 000	3 260 000	1 773 000	2 773 000
Total Equity	−8 068 000	−4 810 000	−1 552 000	1 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 383 000	1 510 000	1 850 000	4 365 000
Expenditure	6 029 000	5 207 000	4 325 000	4 640 000
Operating Profit	−3 215 000	−3 161 000	−2 682 000	−50 000
Financial Income	15 000	23 000	11 000	1 000
Financial Costs	58 000	120 000	34 000	2 000
Financial Balance	−43 000	−97 000	−23 000	−1 000
Earnings Before Tax	−3 258 000	−3 258 000	−2 705 000	−50 000
Tax	0	0	73 000	−11 000
Net Income	−3 258 000	−3 258 000	−2 778 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	340 000	510 000	753 000
Total Current Assets	1 883 000	2 920 000	1 263 000	2 020 000
Total Assets	2 053 000	3 260 000	1 773 000	2 773 000
Total Retained Equity	−9 116 000	−5 858 000	−2 600 000	0
Total Equity	−8 068 000	−4 810 000	−1 552 000	1 226 000
Total Long-Term Debt	4 450 000	3 986 000	2 661 000	0
Total Current Debt	5 671 000	4 084 000	664 000	1 547 000
Total Equity and Debt	2 053 000	3 260 000	1 773 000	2 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 235 000	1 510 000	1 715 000	4 365 000
Other Income	148 000	0	135 000	0
Revenue	3 383 000	1 510 000	1 850 000	4 365 000
Cost of Goods Sold	291 000	235 000	608 000	1 377 000
Salary Costs	2 137 000	1 936 000	2 108 000	2 103 000
Depreciation	170 000	170 000	170 000	175 000
Impairment	0	0	0	0
Expenditure	6 029 000	5 207 000	4 325 000	4 640 000
Operating Profit	−3 215 000	−3 161 000	−2 682 000	−50 000
Financial Income	15 000	23 000	11 000	1 000
Financial Costs	58 000	120 000	34 000	2 000
Financial Balance	−43 000	−97 000	−23 000	−1 000
Dividends	0	0	0	0
Net Income	−3 258 000	−3 258 000	−2 778 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	170 000	340 000	510 000	680 000
Fixtures	0	0	0	0
Total Tangible Assets	170 000	340 000	510 000	680 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	170 000	340 000	510 000	753 000
Stock	560 000	866 000	330 000	538 000
Total Investments	0	0	0	0
Cash, Bank	233 000	842 000	182 000	767 000
Total Current Assets	1 883 000	2 920 000	1 263 000	2 020 000
Total Assets	2 053 000	3 260 000	1 773 000	2 773 000
Total Equity	−8 068 000	−4 810 000	−1 552 000	1 226 000
Short-Term Group Debt	532 000	532 000	0	0
Total Long-Term Debt	4 450 000	3 986 000	2 661 000	0
Creditors	4 594 000	2 932 000	161 000	365 000
Unpaid Taxes	186 000	142 000	241 000	307 000
Dividends	0	0	0	0
Other Current Debt	358 000	478 000	262 000	876 000
Total Current Debt	5 671 000	4 084 000	664 000	1 547 000
Total Equity and Debt	2 053 000	3 260 000	1 773 000	2 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,38 %	67,73 %	178,99 %	−3,18 %
Debt-to-Equity Ratio	−0,55	−0,83	−1,71	0
Operating Profit Margin	−95,03 %	−209,34 %	−144,97 %	−1,15 %
Current Ratio	0,33	0,71	1,9	1,31
Quick Ratio	0,37	0,91	3,78	2
Equity Ratio	−3,93	−1,48	−0,88	0,44
Gross Profit Margin	91,4 %	84,44 %	67,14 %	68,45 %