WEAR ENTREPRENØR AS

3440 RØYKEN

Finances

Share Ownership

Return on Equity

4,98 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 163 000	24 865 000	18 818 000	11 070 000
Net Income	418 000	1 646 000	1 864 000	692 000
Total Assets	17 802 000	20 352 000	14 586 000	11 555 000
Total Equity	8 402 000	7 984 000	6 338 000	4 474 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 163 000	24 865 000	18 818 000	11 070 000
Expenditure	22 539 000	22 714 000	16 371 000	10 075 000
Operating Profit	624 000	2 151 000	2 446 000	994 000
Financial Income	37 000	39 000	35 000	19 000
Financial Costs	125 000	79 000	90 000	126 000
Financial Balance	−88 000	−40 000	−55 000	−107 000
Earnings Before Tax	536 000	2 110 000	2 390 000	887 000
Tax	118 000	464 000	526 000	195 000
Net Income	418 000	1 646 000	1 864 000	692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 026 000	10 034 000	9 468 000	7 866 000
Total Current Assets	6 776 000	10 318 000	5 118 000	3 689 000
Total Assets	17 802 000	20 352 000	14 586 000	11 555 000
Total Retained Equity	8 302 000	7 884 000	6 238 000	4 374 000
Total Equity	8 402 000	7 984 000	6 338 000	4 474 000
Total Long-Term Debt	5 045 000	5 956 000	5 264 000	4 807 000
Total Current Debt	4 355 000	6 412 000	2 984 000	2 274 000
Total Equity and Debt	17 802 000	20 352 000	14 586 000	11 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 029 000	24 812 000	18 571 000	10 779 000
Other Income	134 000	54 000	247 000	291 000
Revenue	23 163 000	24 865 000	18 818 000	11 070 000
Cost of Goods Sold	10 193 000	11 099 000	7 101 000	1 799 000
Salary Costs	4 905 000	4 856 000	3 488 000	3 061 000
Depreciation	2 674 000	2 455 000	2 104 000	1 810 000
Impairment	0	0	0	0
Expenditure	22 539 000	22 714 000	16 371 000	10 075 000
Operating Profit	624 000	2 151 000	2 446 000	994 000
Financial Income	37 000	39 000	35 000	19 000
Financial Costs	125 000	79 000	90 000	126 000
Financial Balance	−88 000	−40 000	−55 000	−107 000
Dividends	0	0	0	0
Net Income	418 000	1 646 000	1 864 000	692 000

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	10 568 000	9 357 000	8 734 000	6 892 000
Fixtures	407 000	584 000	553 000	727 000
Total Tangible Assets	10 974 000	9 941 000	9 287 000	7 620 000
Total Fiancial Fixed Assets	51 000	94 000	182 000	247 000
Total Fixed Assets	11 026 000	10 034 000	9 468 000	7 866 000
Stock	0	229 000	0	0
Total Investments	0	0	0	0
Cash, Bank	231 000	387 000	434 000	783 000
Total Current Assets	6 776 000	10 318 000	5 118 000	3 689 000
Total Assets	17 802 000	20 352 000	14 586 000	11 555 000
Total Equity	8 402 000	7 984 000	6 338 000	4 474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 045 000	5 956 000	5 264 000	4 807 000
Creditors	2 491 000	3 317 000	997 000	880 000
Unpaid Taxes	1 184 000	1 523 000	1 000 000	766 000
Dividends	0	0	0	0
Other Current Debt	504 000	1 008 000	496 000	386 000
Total Current Debt	4 355 000	6 412 000	2 984 000	2 274 000
Total Equity and Debt	17 802 000	20 352 000	14 586 000	11 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,98 %	20,62 %	29,41 %	15,47 %
Debt-to-Equity Ratio	0,6	0,75	0,83	1,07
Operating Profit Margin	2,69 %	8,65 %	13 %	8,98 %
Current Ratio	1,56	1,61	1,72	1,62
Quick Ratio	1,56	1,67	1,72	1,62
Equity Ratio	0,47	0,39	0,43	0,39
Gross Profit Margin	55,99 %	55,36 %	62,26 %	83,75 %