WIRELESS INSTRUMENTATION SYSTEMS AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

2,36 %

Current Ratio

0,65

Debt-to-Equity Ratio

2,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 508 000	19 362 000	22 149 000	25 844 000
Net Income	820 000	−1 025 000	1 984 000	7 873 000
Total Assets	119 288 000	100 865 000	81 563 000	64 254 000
Total Equity	34 795 000	33 974 000	25 625 000	23 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 508 000	19 362 000	22 149 000	25 844 000
Expenditure	20 029 000	19 848 000	19 428 000	15 180 000
Operating Profit	2 479 000	−485 000	2 721 000	10 663 000
Financial Income	749 000	428 000	360 000	665 000
Financial Costs	2 377 000	1 409 000	1 143 000	1 237 000
Financial Balance	−1 628 000	−981 000	−783 000	−572 000
Earnings Before Tax	850 000	−1 466 000	1 938 000	10 091 000
Tax	30 000	−441 000	−47 000	2 217 000
Net Income	820 000	−1 025 000	1 984 000	7 873 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 426 000	93 073 000	65 694 000	55 022 000
Total Current Assets	5 862 000	7 792 000	15 869 000	9 232 000
Total Assets	119 288 000	100 865 000	81 563 000	64 254 000
Total Retained Equity	−16 909 000	−17 729 000	−14 329 000	−16 313 000
Total Equity	34 795 000	33 974 000	25 625 000	23 641 000
Total Long-Term Debt	75 406 000	56 525 000	36 559 000	24 555 000
Total Current Debt	9 088 000	10 366 000	19 379 000	16 059 000
Total Equity and Debt	119 288 000	100 865 000	81 563 000	64 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 906 000	15 011 000	16 217 000	25 086 000
Other Income	8 603 000	4 350 000	5 932 000	758 000
Revenue	22 508 000	19 362 000	22 149 000	25 844 000
Cost of Goods Sold	8 879 000	10 135 000	11 020 000	11 034 000
Salary Costs	8 694 000	7 672 000	7 102 000	7 239 000
Depreciation	19 000	14 000	10 000	208 000
Impairment	0	0	0	0
Expenditure	20 029 000	19 848 000	19 428 000	15 180 000
Operating Profit	2 479 000	−485 000	2 721 000	10 663 000
Financial Income	749 000	428 000	360 000	665 000
Financial Costs	2 377 000	1 409 000	1 143 000	1 237 000
Financial Balance	−1 628 000	−981 000	−783 000	−572 000
Dividends	0	0	0	0
Net Income	820 000	−1 025 000	1 984 000	7 873 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 402 000	77 432 000	59 291 000	40 687 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 000	16 000	22 000	28 000
Fixtures	19 000	32 000	0	4 000
Total Tangible Assets	28 000	47 000	22 000	31 000
Total Fiancial Fixed Assets	20 996 000	15 594 000	6 381 000	14 304 000
Total Fixed Assets	113 426 000	93 073 000	65 694 000	55 022 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	2 847 000	3 196 000	4 142 000
Total Current Assets	5 862 000	7 792 000	15 869 000	9 232 000
Total Assets	119 288 000	100 865 000	81 563 000	64 254 000
Total Equity	34 795 000	33 974 000	25 625 000	23 641 000
Short-Term Group Debt	3 000	0	0	0
Total Long-Term Debt	75 406 000	56 525 000	36 559 000	24 555 000
Creditors	3 962 000	7 334 000	14 404 000	10 400 000
Unpaid Taxes	1 220 000	842 000	2 581 000	3 680 000
Dividends	0	0	0	0
Other Current Debt	3 662 000	1 950 000	2 154 000	1 730 000
Total Current Debt	9 088 000	10 366 000	19 379 000	16 059 000
Total Equity and Debt	119 288 000	100 865 000	81 563 000	64 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,36 %	−3,02 %	7,74 %	33,3 %
Debt-to-Equity Ratio	2,17	1,66	1,43	1,04
Operating Profit Margin	11,01 %	−2,5 %	12,28 %	41,26 %
Current Ratio	0,65	0,75	0,82	0,57
Quick Ratio	0,65	0,75	0,82	0,57
Equity Ratio	0,29	0,34	0,31	0,37
Gross Profit Margin	60,55 %	47,66 %	50,25 %	57,31 %