W-TEK AS

4529 BYREMO

Finances

Share Ownership

Return on Equity

27,57 %

Current Ratio

2,75

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 657 000	4 558 000	3 388 000	2 574 000
Net Income	330 000	294 000	30 000	96 000
Total Assets	2 146 000	2 339 000	2 711 000	1 211 000
Total Equity	1 197 000	866 000	572 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 657 000	4 558 000	3 388 000	2 574 000
Expenditure	5 216 000	4 147 000	3 342 000	2 450 000
Operating Profit	440 000	411 000	46 000	124 000
Financial Income	10 000	0	0	1 000
Financial Costs	26 000	34 000	7 000	1 000
Financial Balance	−16 000	−34 000	−7 000	0
Earnings Before Tax	424 000	377 000	39 000	123 000
Tax	94 000	83 000	8 000	27 000
Net Income	330 000	294 000	30 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	28 000	127 000	125 000
Total Current Assets	2 083 000	2 311 000	2 584 000	1 085 000
Total Assets	2 146 000	2 339 000	2 711 000	1 211 000
Total Retained Equity	1 097 000	766 000	472 000	442 000
Total Equity	1 197 000	866 000	572 000	542 000
Total Long-Term Debt	193 000	402 000	600 000	0
Total Current Debt	757 000	1 070 000	1 539 000	668 000
Total Equity and Debt	2 146 000	2 339 000	2 711 000	1 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 257 000	4 508 000	3 388 000	2 574 000
Other Income	400 000	50 000	0	0
Revenue	5 657 000	4 558 000	3 388 000	2 574 000
Cost of Goods Sold	3 187 000	2 518 000	2 100 000	817 000
Salary Costs	1 233 000	675 000	747 000	1 095 000
Depreciation	5 000	3 000	26 000	30 000
Impairment	0	0	0	0
Expenditure	5 216 000	4 147 000	3 342 000	2 450 000
Operating Profit	440 000	411 000	46 000	124 000
Financial Income	10 000	0	0	1 000
Financial Costs	26 000	34 000	7 000	1 000
Financial Balance	−16 000	−34 000	−7 000	0
Dividends	0	0	0	0
Net Income	330 000	294 000	30 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	2 000
Real Eastate	63 000	23 000	26 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	95 000	118 000
Total Tangible Assets	63 000	23 000	120 000	118 000
Total Fiancial Fixed Assets	0	5 000	5 000	5 000
Total Fixed Assets	63 000	28 000	127 000	125 000
Stock	325 000	279 000	275 000	230 000
Total Investments	0	0	0	0
Cash, Bank	302 000	444 000	574 000	188 000
Total Current Assets	2 083 000	2 311 000	2 584 000	1 085 000
Total Assets	2 146 000	2 339 000	2 711 000	1 211 000
Total Equity	1 197 000	866 000	572 000	542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	193 000	402 000	600 000	0
Creditors	229 000	562 000	1 195 000	129 000
Unpaid Taxes	175 000	202 000	221 000	166 000
Dividends	0	0	0	0
Other Current Debt	261 000	232 000	116 000	347 000
Total Current Debt	757 000	1 070 000	1 539 000	668 000
Total Equity and Debt	2 146 000	2 339 000	2 711 000	1 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,57 %	33,95 %	5,24 %	17,71 %
Debt-to-Equity Ratio	0,16	0,46	1,05	0
Operating Profit Margin	7,78 %	9,02 %	1,36 %	4,82 %
Current Ratio	2,75	2,16	1,68	1,62
Quick Ratio	4,82	2,92	2,04	2,48
Equity Ratio	0,56	0,37	0,21	0,45
Gross Profit Margin	43,66 %	44,76 %	38,02 %	68,26 %