WANGEN AUTO AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

−2,27 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 651 000	77 344 000	49 507 000	49 164 000
Net Income	−162 000	3 309 000	1 265 000	−99 000
Total Assets	11 902 000	11 063 000	8 051 000	7 092 000
Total Equity	7 145 000	7 307 000	3 998 000	2 733 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 651 000	77 344 000	49 507 000	49 164 000
Expenditure	58 812 000	73 110 000	47 736 000	49 194 000
Operating Profit	−161 000	4 234 000	1 771 000	−30 000
Financial Income	63 000	108 000	29 000	19 000
Financial Costs	91 000	95 000	176 000	116 000
Financial Balance	−28 000	13 000	−147 000	−97 000
Earnings Before Tax	−189 000	4 246 000	1 623 000	−127 000
Tax	−27 000	937 000	359 000	−28 000
Net Income	−162 000	3 309 000	1 265 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	951 000	1 140 000	1 355 000	739 000
Total Current Assets	10 951 000	9 923 000	6 696 000	6 354 000
Total Assets	11 902 000	11 063 000	8 051 000	7 092 000
Total Retained Equity	6 938 000	7 100 000	3 791 000	2 526 000
Total Equity	7 145 000	7 307 000	3 998 000	2 733 000
Total Long-Term Debt	0	0	263 000	0
Total Current Debt	4 757 000	3 756 000	3 790 000	4 359 000
Total Equity and Debt	11 902 000	11 063 000	8 051 000	7 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 632 000	77 317 000	49 534 000	49 125 000
Other Income	18 000	28 000	−28 000	39 000
Revenue	58 651 000	77 344 000	49 507 000	49 164 000
Cost of Goods Sold	53 047 000	68 001 000	43 049 000	44 528 000
Salary Costs	2 761 000	2 556 000	2 442 000	2 583 000
Depreciation	270 000	294 000	212 000	146 000
Impairment	0	0	0	0
Expenditure	58 812 000	73 110 000	47 736 000	49 194 000
Operating Profit	−161 000	4 234 000	1 771 000	−30 000
Financial Income	63 000	108 000	29 000	19 000
Financial Costs	91 000	95 000	176 000	116 000
Financial Balance	−28 000	13 000	−147 000	−97 000
Dividends	0	0	0	0
Net Income	−162 000	3 309 000	1 265 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	5 000	6 000	64 000
Real Eastate	653 000	883 000	1 051 000	611 000
Machinery and Plant Facilities	249 000	146 000	167 000	0
Fixtures	17 000	106 000	131 000	63 000
Total Tangible Assets	919 000	1 135 000	1 349 000	674 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	951 000	1 140 000	1 355 000	739 000
Stock	9 561 000	8 233 000	5 190 000	5 955 000
Total Investments	0	0	0	0
Cash, Bank	246 000	636 000	563 000	39 000
Total Current Assets	10 951 000	9 923 000	6 696 000	6 354 000
Total Assets	11 902 000	11 063 000	8 051 000	7 092 000
Total Equity	7 145 000	7 307 000	3 998 000	2 733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	263 000	0
Creditors	1 146 000	1 520 000	562 000	594 000
Unpaid Taxes	473 000	597 000	1 161 000	290 000
Dividends	0	0	0	0
Other Current Debt	1 056 000	702 000	1 767 000	1 094 000
Total Current Debt	4 757 000	3 756 000	3 790 000	4 359 000
Total Equity and Debt	11 902 000	11 063 000	8 051 000	7 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,27 %	45,29 %	31,64 %	−3,62 %
Debt-to-Equity Ratio	0	0	0,07	0
Operating Profit Margin	−0,27 %	5,47 %	3,58 %	−0,06 %
Current Ratio	2,3	2,64	1,77	1,46
Quick Ratio	−2,28	−2,22	−4,78	−3,98
Equity Ratio	0,6	0,66	0,5	0,39
Gross Profit Margin	9,55 %	12,08 %	13,04 %	9,43 %