WORLD HEALTH CONNECTIONS AS

2322 RIDABU

Finances

Return on Equity

15,81 %

Current Ratio

5,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 000	243 000	186 000	197 000
Net Income	108 000	60 000	70 000	100 000
Total Assets	828 000	805 000	770 000	748 000
Total Equity	683 000	675 000	616 000	546 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 000	243 000	186 000	197 000
Expenditure	63 000	167 000	70 000	69 000
Operating Profit	79 000	76 000	116 000	128 000
Financial Income	46 000	3 000	1 000	1 000
Financial Costs	0	3 000	21 000	2 000
Financial Balance	46 000	0	−20 000	−1 000
Earnings Before Tax	125 000	76 000	96 000	128 000
Tax	17 000	16 000	26 000	28 000
Net Income	108 000	60 000	70 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	828 000	805 000	770 000	748 000
Total Assets	828 000	805 000	770 000	748 000
Total Retained Equity	651 000	643 000	584 000	514 000
Total Equity	683 000	675 000	616 000	546 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	145 000	129 000	154 000	202 000
Total Equity and Debt	828 000	805 000	770 000	748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 000	243 000	186 000	197 000
Other Income	0	0	0	0
Revenue	142 000	243 000	186 000	197 000
Cost of Goods Sold	0	70 000	0	0
Salary Costs	1 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	167 000	70 000	69 000
Operating Profit	79 000	76 000	116 000	128 000
Financial Income	46 000	3 000	1 000	1 000
Financial Costs	0	3 000	21 000	2 000
Financial Balance	46 000	0	−20 000	−1 000
Dividends	100 000	0	0	0
Net Income	108 000	60 000	70 000	100 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	594 000	695 000	398 000	453 000
Cash, Bank	173 000	105 000	345 000	275 000
Total Current Assets	828 000	805 000	770 000	748 000
Total Assets	828 000	805 000	770 000	748 000
Total Equity	683 000	675 000	616 000	546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	17 000	14 000	13 000	20 000
Dividends	100 000	0	0	0
Other Current Debt	11 000	99 000	116 000	110 000
Total Current Debt	145 000	129 000	154 000	202 000
Total Equity and Debt	828 000	805 000	770 000	748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,81 %	8,89 %	11,36 %	18,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,63 %	31,28 %	62,37 %	64,97 %
Current Ratio	5,71	6,24	5	3,7
Quick Ratio	5,71	6,24	5	3,7
Equity Ratio	0,82	0,84	0,8	0,73
Gross Profit Margin	100 %	71,19 %	100 %	100 %