WIDEX NORGE AS

0187 OSLO

Finances

Share Ownership

Return on Equity

4,03 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	54 459 000	65 436 000	81 939 000	172 688 000
Net Income	1 272 000	1 630 000	1 949 000	6 682 000
Total Assets	61 871 000	73 982 000	118 334 000	80 339 000
Total Equity	31 552 000	30 281 000	28 651 000	26 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	54 459 000	65 436 000	81 939 000	172 688 000
Expenditure	52 787 000	62 846 000	78 420 000	163 462 000
Operating Profit	1 673 000	2 590 000	3 521 000	9 226 000
Financial Income	69 000	53 000	25 000	61 000
Financial Costs	75 000	554 000	1 005 000	631 000
Financial Balance	−6 000	−501 000	−980 000	−570 000
Earnings Before Tax	1 666 000	2 089 000	2 541 000	8 656 000
Tax	395 000	459 000	592 000	1 974 000
Net Income	1 272 000	1 630 000	1 949 000	6 682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 145 000	9 522 000	10 151 000	2 631 000
Total Current Assets	52 726 000	64 460 000	108 183 000	77 707 000
Total Assets	61 871 000	73 982 000	118 334 000	80 339 000
Total Retained Equity	16 318 000	15 046 000	13 416 000	11 467 000
Total Equity	31 552 000	30 281 000	28 651 000	26 701 000
Total Long-Term Debt	2 046 000	2 063 000	15 871 000	13 347 000
Total Current Debt	28 273 000	41 638 000	73 812 000	40 290 000
Total Equity and Debt	61 871 000	73 982 000	118 334 000	80 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 459 000	65 436 000	81 939 000	172 688 000
Other Income	0	0	0	0
Revenue	54 459 000	65 436 000	81 939 000	172 688 000
Cost of Goods Sold	32 055 000	38 801 000	53 473 000	126 054 000
Salary Costs	15 417 000	16 159 000	16 124 000	21 518 000
Depreciation	33 000	170 000	350 000	463 000
Impairment	0	0	0	0
Expenditure	52 787 000	62 846 000	78 420 000	163 462 000
Operating Profit	1 673 000	2 590 000	3 521 000	9 226 000
Financial Income	69 000	53 000	25 000	61 000
Financial Costs	75 000	554 000	1 005 000	631 000
Financial Balance	−6 000	−501 000	−980 000	−570 000
Dividends	0	0	0	0
Net Income	1 272 000	1 630 000	1 949 000	6 682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 095 000	9 501 000	9 960 000	2 091 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	21 000	191 000	540 000
Total Tangible Assets	50 000	21 000	191 000	540 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 145 000	9 522 000	10 151 000	2 631 000
Stock	24 964 000	23 783 000	57 148 000	47 756 000
Total Investments	0	0	0	0
Cash, Bank	457 000	473 000	518 000	468 000
Total Current Assets	52 726 000	64 460 000	108 183 000	77 707 000
Total Assets	61 871 000	73 982 000	118 334 000	80 339 000
Total Equity	31 552 000	30 281 000	28 651 000	26 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 046 000	2 063 000	15 871 000	13 347 000
Creditors	3 195 000	3 169 000	309 000	1 835 000
Unpaid Taxes	3 827 000	3 316 000	4 682 000	7 647 000
Dividends	0	0	0	0
Other Current Debt	21 251 000	23 584 000	57 252 000	27 700 000
Total Current Debt	28 273 000	41 638 000	73 812 000	40 290 000
Total Equity and Debt	61 871 000	73 982 000	118 334 000	80 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,03 %	5,38 %	6,8 %	25,03 %
Debt-to-Equity Ratio	0,06	0,07	0,55	0,5
Operating Profit Margin	3,07 %	3,96 %	4,3 %	5,34 %
Current Ratio	1,86	1,55	1,47	1,93
Quick Ratio	15,93	3,61	6,49	−10,41
Equity Ratio	0,51	0,41	0,24	0,33
Gross Profit Margin	41,14 %	40,7 %	34,74 %	27 %