WINGES SERVICE AS

7633 FROSTA

Finances

Return on Equity

−1,17 %

Current Ratio

0,16

Debt-to-Equity Ratio

−1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 558 000	8 288 000	13 589 000	9 846 000
Net Income	32 000	−2 067 000	−1 494 000	79 000
Total Assets	4 043 000	5 660 000	8 316 000	8 633 000
Total Equity	−2 728 000	−2 760 000	−693 000	801 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 558 000	8 288 000	13 589 000	9 846 000
Expenditure	5 071 000	9 951 000	14 821 000	9 463 000
Operating Profit	487 000	−1 662 000	−1 233 000	383 000
Financial Income	0	0	0	0
Financial Costs	456 000	405 000	342 000	282 000
Financial Balance	−456 000	−405 000	−342 000	−282 000
Earnings Before Tax	32 000	−2 067 000	−1 575 000	101 000
Tax	0	0	−81 000	22 000
Net Income	32 000	−2 067 000	−1 494 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 469 000	4 896 000	6 045 000	6 052 000
Total Current Assets	574 000	765 000	2 272 000	2 581 000
Total Assets	4 043 000	5 660 000	8 316 000	8 633 000
Total Retained Equity	−3 160 000	−3 192 000	−1 125 000	369 000
Total Equity	−2 728 000	−2 760 000	−693 000	801 000
Total Long-Term Debt	3 226 000	4 058 000	4 816 000	5 213 000
Total Current Debt	3 545 000	4 361 000	4 193 000	2 619 000
Total Equity and Debt	4 043 000	5 660 000	8 316 000	8 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 583 000	8 220 000	13 378 000	9 838 000
Other Income	974 000	69 000	211 000	8 000
Revenue	5 558 000	8 288 000	13 589 000	9 846 000
Cost of Goods Sold	1 626 000	922 000	3 161 000	3 006 000
Salary Costs	618 000	2 812 000	4 732 000	2 738 000
Depreciation	288 000	504 000	615 000	531 000
Impairment	0	0	0	0
Expenditure	5 071 000	9 951 000	14 821 000	9 463 000
Operating Profit	487 000	−1 662 000	−1 233 000	383 000
Financial Income	0	0	0	0
Financial Costs	456 000	405 000	342 000	282 000
Financial Balance	−456 000	−405 000	−342 000	−282 000
Dividends	0	0	0	0
Net Income	32 000	−2 067 000	−1 494 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 134 000	2 134 000	2 134 000	2 134 000
Machinery and Plant Facilities	1 028 000	2 090 000	2 435 000	2 756 000
Fixtures	285 000	547 000	1 143 000	935 000
Total Tangible Assets	3 447 000	4 771 000	5 712 000	5 825 000
Total Fiancial Fixed Assets	21 000	125 000	333 000	226 000
Total Fixed Assets	3 469 000	4 896 000	6 045 000	6 052 000
Stock	97 000	85 000	140 000	99 000
Total Investments	0	0	0	0
Cash, Bank	83 000	1 000	0	465 000
Total Current Assets	574 000	765 000	2 272 000	2 581 000
Total Assets	4 043 000	5 660 000	8 316 000	8 633 000
Total Equity	−2 728 000	−2 760 000	−693 000	801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 226 000	4 058 000	4 816 000	5 213 000
Creditors	113 000	1 144 000	1 449 000	848 000
Unpaid Taxes	119 000	473 000	642 000	533 000
Dividends	0	0	0	0
Other Current Debt	3 314 000	2 744 000	2 102 000	1 238 000
Total Current Debt	3 545 000	4 361 000	4 193 000	2 619 000
Total Equity and Debt	4 043 000	5 660 000	8 316 000	8 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,17 %	74,89 %	215,58 %	9,86 %
Debt-to-Equity Ratio	−1,18	−1,47	−6,95	6,51
Operating Profit Margin	8,76 %	−20,05 %	−9,07 %	3,89 %
Current Ratio	0,16	0,18	0,54	0,99
Quick Ratio	0,17	0,18	0,56	1,02
Equity Ratio	−0,67	−0,49	−0,08	0,09
Gross Profit Margin	70,74 %	88,88 %	76,74 %	69,47 %