WENCEL AS

4308 SANDNES

Finances

Share Ownership

Return on Equity

−236,92 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	570 000	377 000	642 000	740 000
Net Income	−308 000	7 000	−109 000	295 000
Total Assets	608 000	481 000	518 000	660 000
Total Equity	130 000	439 000	432 000	541 000

Income (NOK)	2022	2021	2020	2019
Revenue	570 000	377 000	642 000	740 000
Expenditure	788 000	367 000	779 000	480 000
Operating Profit	−219 000	10 000	−138 000	260 000
Financial Income	1 000	1 000	4 000	3 000
Financial Costs	18 000	3 000	7 000	3 000
Financial Balance	−17 000	−2 000	−3 000	0
Earnings Before Tax	−236 000	8 000	−140 000	260 000
Tax	73 000	2 000	−31 000	−35 000
Net Income	−308 000	7 000	−109 000	295 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	84 000	98 000	92 000
Total Current Assets	405 000	396 000	420 000	568 000
Total Assets	608 000	481 000	518 000	660 000
Total Retained Equity	30 000	339 000	332 000	441 000
Total Equity	130 000	439 000	432 000	541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	478 000	42 000	86 000	119 000
Total Equity and Debt	608 000	481 000	518 000	660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	570 000	377 000	642 000	567 000
Other Income	0	0	0	174 000
Revenue	570 000	377 000	642 000	740 000
Cost of Goods Sold	65 000	109 000	162 000	73 000
Salary Costs	283 000	2 000	362 000	143 000
Depreciation	53 000	12 000	25 000	26 000
Impairment	0	0	0	0
Expenditure	788 000	367 000	779 000	480 000
Operating Profit	−219 000	10 000	−138 000	260 000
Financial Income	1 000	1 000	4 000	3 000
Financial Costs	18 000	3 000	7 000	3 000
Financial Balance	−17 000	−2 000	−3 000	0
Dividends	0	0	0	0
Net Income	−308 000	7 000	−109 000	295 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	73 000	75 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 000	12 000	23 000	49 000
Total Tangible Assets	203 000	12 000	23 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	203 000	84 000	98 000	92 000
Stock	339 000	264 000	311 000	292 000
Total Investments	0	0	0	0
Cash, Bank	−182 000	62 000	6 000	102 000
Total Current Assets	405 000	396 000	420 000	568 000
Total Assets	608 000	481 000	518 000	660 000
Total Equity	130 000	439 000	432 000	541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	140 000	21 000	19 000	54 000
Unpaid Taxes	25 000	10 000	31 000	37 000
Dividends	0	0	0	0
Other Current Debt	312 000	11 000	36 000	28 000
Total Current Debt	478 000	42 000	86 000	119 000
Total Equity and Debt	608 000	481 000	518 000	660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−236,92 %	1,59 %	−25,23 %	54,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−38,42 %	2,65 %	−21,5 %	35,14 %
Current Ratio	0,85	9,43	4,88	4,77
Quick Ratio	2,91	−1,78	−1,87	−3,28
Equity Ratio	0,21	0,91	0,83	0,82
Gross Profit Margin	88,6 %	71,09 %	74,77 %	90,14 %