MIKAEL WIK AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

54,04 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 980 000	36 919 000	33 341 000	30 966 000
Net Income	1 310 000	545 000	555 000	976 000
Total Assets	9 033 000	9 049 000	6 457 000	6 436 000
Total Equity	2 424 000	2 114 000	1 949 000	1 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 980 000	36 919 000	33 341 000	30 966 000
Expenditure	37 286 000	36 210 000	32 617 000	29 690 000
Operating Profit	1 694 000	709 000	724 000	1 276 000
Financial Income	7 000	2 000	3 000	13 000
Financial Costs	15 000	13 000	15 000	37 000
Financial Balance	−8 000	−11 000	−12 000	−24 000
Earnings Before Tax	1 687 000	698 000	712 000	1 252 000
Tax	377 000	154 000	157 000	275 000
Net Income	1 310 000	545 000	555 000	976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	118 000	538 000	619 000
Total Current Assets	8 891 000	8 930 000	5 919 000	5 817 000
Total Assets	9 033 000	9 049 000	6 457 000	6 436 000
Total Retained Equity	2 311 000	2 001 000	1 836 000	1 281 000
Total Equity	2 424 000	2 114 000	1 949 000	1 394 000
Total Long-Term Debt	386 000	61 000	340 000	415 000
Total Current Debt	6 224 000	6 874 000	4 168 000	4 627 000
Total Equity and Debt	9 033 000	9 049 000	6 457 000	6 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 703 000	36 583 000	33 282 000	30 963 000
Other Income	1 276 000	336 000	60 000	3 000
Revenue	38 980 000	36 919 000	33 341 000	30 966 000
Cost of Goods Sold	22 303 000	21 826 000	18 841 000	14 982 000
Salary Costs	11 951 000	11 414 000	11 154 000	11 832 000
Depreciation	50 000	60 000	81 000	81 000
Impairment	0	0	0	0
Expenditure	37 286 000	36 210 000	32 617 000	29 690 000
Operating Profit	1 694 000	709 000	724 000	1 276 000
Financial Income	7 000	2 000	3 000	13 000
Financial Costs	15 000	13 000	15 000	37 000
Financial Balance	−8 000	−11 000	−12 000	−24 000
Dividends	1 000 000	380 000	0	0
Net Income	1 310 000	545 000	555 000	976 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	324 000	324 000
Machinery and Plant Facilities	112 000	118 000	129 000	175 000
Fixtures	29 000	0	85 000	120 000
Total Tangible Assets	142 000	118 000	538 000	619 000
Total Fiancial Fixed Assets	0	1 000	0	0
Total Fixed Assets	142 000	118 000	538 000	619 000
Stock	102 000	102 000	104 000	178 000
Total Investments	0	0	0	0
Cash, Bank	3 530 000	4 684 000	1 873 000	3 759 000
Total Current Assets	8 891 000	8 930 000	5 919 000	5 817 000
Total Assets	9 033 000	9 049 000	6 457 000	6 436 000
Total Equity	2 424 000	2 114 000	1 949 000	1 394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	386 000	61 000	340 000	415 000
Creditors	1 863 000	3 669 000	1 553 000	1 696 000
Unpaid Taxes	1 820 000	1 350 000	1 325 000	1 552 000
Dividends	1 000 000	380 000	0	0
Other Current Debt	1 489 000	1 043 000	1 059 000	1 334 000
Total Current Debt	6 224 000	6 874 000	4 168 000	4 627 000
Total Equity and Debt	9 033 000	9 049 000	6 457 000	6 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,04 %	25,78 %	28,48 %	70,01 %
Debt-to-Equity Ratio	0,16	0,03	0,17	0,3
Operating Profit Margin	4,35 %	1,92 %	2,17 %	4,12 %
Current Ratio	1,43	1,3	1,42	1,26
Quick Ratio	1,45	1,32	1,46	1,31
Equity Ratio	0,27	0,23	0,3	0,22
Gross Profit Margin	42,78 %	40,88 %	43,49 %	51,62 %