WIGGEN AS

1389 HEGGEDAL

Finances

Share Ownership

Return on Equity

39,18 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 787 000	2 679 000	1 247 000	593 000
Net Income	125 000	187 000	256 000	−237 000
Total Assets	792 000	409 000	220 000	104 000
Total Equity	319 000	195 000	8 000	−248 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 787 000	2 679 000	1 247 000	593 000
Expenditure	3 639 000	2 486 000	989 000	828 000
Operating Profit	148 000	193 000	258 000	−235 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	6 000	2 000	2 000
Financial Balance	−11 000	−6 000	−2 000	−2 000
Earnings Before Tax	137 000	187 000	256 000	−237 000
Tax	12 000	0	0	0
Net Income	125 000	187 000	256 000	−237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	193 000	114 000	0
Total Current Assets	489 000	216 000	106 000	104 000
Total Assets	792 000	409 000	220 000	104 000
Total Retained Equity	219 000	95 000	−92 000	−348 000
Total Equity	319 000	195 000	8 000	−248 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	472 000	214 000	212 000	352 000
Total Equity and Debt	792 000	409 000	220 000	104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 786 000	2 679 000	1 247 000	593 000
Other Income	0	0	0	0
Revenue	3 787 000	2 679 000	1 247 000	593 000
Cost of Goods Sold	1 704 000	1 060 000	557 000	290 000
Salary Costs	1 201 000	734 000	30 000	257 000
Depreciation	37 000	22 000	6 000	0
Impairment	0	0	0	0
Expenditure	3 639 000	2 486 000	989 000	828 000
Operating Profit	148 000	193 000	258 000	−235 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	6 000	2 000	2 000
Financial Balance	−11 000	−6 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	125 000	187 000	256 000	−237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	0	0	0
Real Eastate	102 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	193 000	114 000	0
Total Tangible Assets	263 000	193 000	114 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	304 000	193 000	114 000	0
Stock	0	0	0	0
Total Investments	0	95 000	0	0
Cash, Bank	291 000	105 000	36 000	65 000
Total Current Assets	489 000	216 000	106 000	104 000
Total Assets	792 000	409 000	220 000	104 000
Total Equity	319 000	195 000	8 000	−248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	41 000	−56 000	52 000	11 000
Unpaid Taxes	191 000	90 000	15 000	59 000
Dividends	0	0	0	0
Other Current Debt	228 000	179 000	144 000	282 000
Total Current Debt	472 000	214 000	212 000	352 000
Total Equity and Debt	792 000	409 000	220 000	104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,18 %	95,9 %	3 200 %	95,56 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	3,91 %	7,2 %	20,69 %	−39,63 %
Current Ratio	1,04	1,01	0,5	0,3
Quick Ratio	1,04	1,01	0,5	0,3
Equity Ratio	0,4	0,48	0,04	−2,38
Gross Profit Margin	55 %	60,43 %	55,33 %	51,1 %