WILLMAX AS

1776 HALDEN

Finances

Share Ownership

Return on Equity

48,95 %

Current Ratio

1,41

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 062 000	3 591 000	3 271 000	4 586 000
Net Income	116 000	561 000	24 000	−483 000
Total Assets	1 890 000	1 638 000	1 168 000	1 329 000
Total Equity	237 000	122 000	−439 000	−463 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 062 000	3 591 000	3 271 000	4 586 000
Expenditure	3 928 000	3 015 000	3 223 000	4 905 000
Operating Profit	134 000	577 000	47 000	−319 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	16 000	24 000	30 000
Financial Balance	−19 000	−16 000	−24 000	−29 000
Earnings Before Tax	116 000	561 000	24 000	−348 000
Tax	0	0	0	134 000
Net Income	116 000	561 000	24 000	−483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	303 000	433 000	578 000
Total Current Assets	1 717 000	1 335 000	735 000	750 000
Total Assets	1 890 000	1 638 000	1 168 000	1 329 000
Total Retained Equity	137 000	22 000	−539 000	−563 000
Total Equity	237 000	122 000	−439 000	−463 000
Total Long-Term Debt	439 000	499 000	565 000	640 000
Total Current Debt	1 214 000	1 018 000	1 043 000	1 152 000
Total Equity and Debt	1 890 000	1 638 000	1 168 000	1 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000 000	3 414 000	3 271 000	4 583 000
Other Income	62 000	177 000	1 000	3 000
Revenue	4 062 000	3 591 000	3 271 000	4 586 000
Cost of Goods Sold	1 326 000	1 145 000	1 046 000	1 388 000
Salary Costs	1 671 000	1 014 000	1 441 000	2 664 000
Depreciation	130 000	130 000	145 000	113 000
Impairment	0	0	0	0
Expenditure	3 928 000	3 015 000	3 223 000	4 905 000
Operating Profit	134 000	577 000	47 000	−319 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	16 000	24 000	30 000
Financial Balance	−19 000	−16 000	−24 000	−29 000
Dividends	0	0	0	0
Net Income	116 000	561 000	24 000	−483 000

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	0	0	0	0
Fixtures	173 000	303 000	433 000	578 000
Total Tangible Assets	173 000	303 000	433 000	578 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	303 000	433 000	578 000
Stock	225 000	173 000	114 000	131 000
Total Investments	0	0	0	0
Cash, Bank	1 435 000	1 130 000	583 000	462 000
Total Current Assets	1 717 000	1 335 000	735 000	750 000
Total Assets	1 890 000	1 638 000	1 168 000	1 329 000
Total Equity	237 000	122 000	−439 000	−463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	439 000	499 000	565 000	640 000
Creditors	16 000	3 000	42 000	83 000
Unpaid Taxes	329 000	250 000	222 000	403 000
Dividends	0	0	0	0
Other Current Debt	869 000	764 000	779 000	666 000
Total Current Debt	1 214 000	1 018 000	1 043 000	1 152 000
Total Equity and Debt	1 890 000	1 638 000	1 168 000	1 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,95 %	459,84 %	−5,47 %	104,32 %
Debt-to-Equity Ratio	1,85	4,09	−1,29	−1,38
Operating Profit Margin	3,3 %	16,07 %	1,44 %	−6,96 %
Current Ratio	1,41	1,31	0,7	0,65
Quick Ratio	1,74	1,58	0,79	0,73
Equity Ratio	0,13	0,07	−0,38	−0,35
Gross Profit Margin	67,36 %	68,11 %	68,02 %	69,73 %