WIGGEN VVS AS

7026 TRONDHEIM

Finances

Return on Equity

66,74 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 702 000	1 650 000	2 102 000	2 455 000
Net Income	301 000	−221 000	−317 000	−74 000
Total Assets	871 000	483 000	684 000	1 065 000
Total Equity	451 000	150 000	371 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 702 000	1 650 000	2 102 000	2 455 000
Expenditure	2 419 000	1 870 000	2 306 000	2 549 000
Operating Profit	282 000	−220 000	−205 000	−95 000
Financial Income	20 000	0	0	1 000
Financial Costs	1 000	0	2 000	0
Financial Balance	19 000	0	−2 000	1 000
Earnings Before Tax	301 000	−221 000	−206 000	−94 000
Tax	0	0	110 000	−20 000
Net Income	301 000	−221 000	−317 000	−74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	61 000	81 000	110 000
Total Current Assets	830 000	422 000	603 000	955 000
Total Assets	871 000	483 000	684 000	1 065 000
Total Retained Equity	262 000	−39 000	182 000	498 000
Total Equity	451 000	150 000	371 000	687 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	419 000	333 000	313 000	378 000
Total Equity and Debt	871 000	483 000	684 000	1 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 701 000	1 724 000	2 072 000	2 411 000
Other Income	0	−74 000	31 000	43 000
Revenue	2 702 000	1 650 000	2 102 000	2 455 000
Cost of Goods Sold	915 000	585 000	850 000	666 000
Salary Costs	1 093 000	884 000	978 000	1 365 000
Depreciation	20 000	20 000	20 000	0
Impairment	0	0	0	0
Expenditure	2 419 000	1 870 000	2 306 000	2 549 000
Operating Profit	282 000	−220 000	−205 000	−95 000
Financial Income	20 000	0	0	1 000
Financial Costs	1 000	0	2 000	0
Financial Balance	19 000	0	−2 000	1 000
Dividends	0	0	0	0
Net Income	301 000	−221 000	−317 000	−74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 000	61 000	81 000	0
Fixtures	0	0	0	0
Total Tangible Assets	41 000	61 000	81 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	61 000	81 000	110 000
Stock	20 000	20 000	20 000	10 000
Total Investments	20 000	20 000	20 000	20 000
Cash, Bank	587 000	356 000	313 000	619 000
Total Current Assets	830 000	422 000	603 000	955 000
Total Assets	871 000	483 000	684 000	1 065 000
Total Equity	451 000	150 000	371 000	687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	99 000	59 000	105 000	7 000
Unpaid Taxes	172 000	102 000	75 000	175 000
Dividends	0	0	0	0
Other Current Debt	149 000	172 000	132 000	196 000
Total Current Debt	419 000	333 000	313 000	378 000
Total Equity and Debt	871 000	483 000	684 000	1 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,74 %	−147,33 %	−85,44 %	−10,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,44 %	−13,33 %	−9,75 %	−3,87 %
Current Ratio	1,98	1,27	1,93	2,53
Quick Ratio	2,08	1,35	2,06	2,6
Equity Ratio	0,52	0,31	0,54	0,65
Gross Profit Margin	66,14 %	64,55 %	59,56 %	72,87 %