WARD1 AS

6060 HAREID

Finances

Share Ownership

Return on Equity

−28,21 %

Current Ratio

0,23

Debt-to-Equity Ratio

8,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 962 000	5 331 000	5 091 000	5 976 000
Net Income	−147 000	193 000	−179 000	−82 000
Total Assets	5 857 000	5 586 000	3 408 000	1 716 000
Total Equity	521 000	688 000	495 000	674 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 962 000	5 331 000	5 091 000	5 976 000
Expenditure	5 874 000	4 997 000	5 252 000	6 035 000
Operating Profit	89 000	334 000	−160 000	−59 000
Financial Income	0	21 000	0	1 000
Financial Costs	214 000	154 000	25 000	18 000
Financial Balance	−214 000	−133 000	−25 000	−17 000
Earnings Before Tax	−125 000	201 000	−185 000	−77 000
Tax	22 000	8 000	−6 000	5 000
Net Income	−147 000	193 000	−179 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 614 000	4 818 000	2 933 000	420 000
Total Current Assets	242 000	767 000	475 000	1 296 000
Total Assets	5 857 000	5 586 000	3 408 000	1 716 000
Total Retained Equity	421 000	588 000	395 000	574 000
Total Equity	521 000	688 000	495 000	674 000
Total Long-Term Debt	4 284 000	4 154 000	2 128 000	260 000
Total Current Debt	1 053 000	743 000	785 000	782 000
Total Equity and Debt	5 857 000	5 586 000	3 408 000	1 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 740 000	5 321 000	5 070 000	5 976 000
Other Income	222 000	10 000	21 000	0
Revenue	5 962 000	5 331 000	5 091 000	5 976 000
Cost of Goods Sold	1 750 000	852 000	169 000	594 000
Salary Costs	2 849 000	2 854 000	3 896 000	4 251 000
Depreciation	188 000	208 000	262 000	237 000
Impairment	0	0	0	0
Expenditure	5 874 000	4 997 000	5 252 000	6 035 000
Operating Profit	89 000	334 000	−160 000	−59 000
Financial Income	0	21 000	0	1 000
Financial Costs	214 000	154 000	25 000	18 000
Financial Balance	−214 000	−133 000	−25 000	−17 000
Dividends	0	0	0	0
Net Income	−147 000	193 000	−179 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 223 000	4 305 000	2 314 000	3 000
Machinery and Plant Facilities	21 000	0	0	0
Fixtures	358 000	501 000	295 000	417 000
Total Tangible Assets	5 602 000	4 806 000	2 609 000	420 000
Total Fiancial Fixed Assets	12 000	12 000	324 000	0
Total Fixed Assets	5 614 000	4 818 000	2 933 000	420 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	492 000	286 000	849 000
Total Current Assets	242 000	767 000	475 000	1 296 000
Total Assets	5 857 000	5 586 000	3 408 000	1 716 000
Total Equity	521 000	688 000	495 000	674 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 284 000	4 154 000	2 128 000	260 000
Creditors	131 000	15 000	177 000	−2 000
Unpaid Taxes	258 000	381 000	225 000	450 000
Dividends	0	0	0	0
Other Current Debt	663 000	339 000	383 000	328 000
Total Current Debt	1 053 000	743 000	785 000	782 000
Total Equity and Debt	5 857 000	5 586 000	3 408 000	1 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,21 %	28,05 %	−36,16 %	−12,17 %
Debt-to-Equity Ratio	8,22	6,04	4,3	0,39
Operating Profit Margin	1,49 %	6,27 %	−3,14 %	−0,99 %
Current Ratio	0,23	1,03	0,61	1,66
Quick Ratio	0,23	1,03	0,61	1,66
Equity Ratio	0,09	0,12	0,15	0,39
Gross Profit Margin	70,65 %	84,02 %	96,68 %	90,06 %