Wind Line AS

ASDissolved

Org 913633482Nesbryggveien 74, 3133 DukenOther real estate activities on a fee or contract basis· NACE 6832Est. 2014 · 12 years old0 employees

Overview

Wind Line AS is a Norwegian AS based in Duken, operating in the Other real estate activities on a fee or contract basis sector. Incorporated in 2014, the company has 0 employees and reported revenue of NOK 189.9k in its latest annual filing.

Revenue 2021

0.2M NOK

−68% vs 2020

EBITDA margin

66.2 %

+131% vs 2020

Net profit 2021

0.1M NOK

+101% vs 2020

Key ratios

See full ratios →

88.0 %

Strong

Among the 30% highest rated companies in the industry

20172021

13.7×

Very strong

Among the 20% highest rated companies in the industry

20172021

1.9 %

Average

Around the average of companies in the same industry

20172021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	0.2M NOK	-68%
EBITDA	0.1M NOK	+131%
Net profit	0.1M NOK	+101%
Total assets	7.4M NOK	-41%
Equity	6.5M NOK	+2%
Employees	0	—

Financial development

In its most recent annual report (2021), Wind Line AS reported revenue of NOK 189.9k, a decrease of 68% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of NOK 137.6k, and the EBITDA margin stood at 66.2%.

At the end of 2021, equity financed 88% of the balance sheet, and current assets covered short-term debt 13.7 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018	2017
Revenue	190	600	0	939	628
Staff expenses	-0	-655	-660	-645	-693
EBITDA	126	-402	-740	-415	-329
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	126	-402	-740	-415	-329
Net financials	51	-10,233	246	11,271	13,231
Profit before tax	176	-10,635	-494	10,856	12,902
Tax	39	-96	-108	87	33
Net profit	138	-10,539	-386	10,768	12,870

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2017
Total assets	7,385	12,437	22,986	52,520	45,275
Equity	6,501	6,364	21,902	50,708	43,140
Long-term debt	516	645	865	1,081	1,413
Short-term debt	367	5,428	219	731	723
Total debt	883	6,073	1,084	1,812	2,135

Financial ratios

5-year trend

EBITDA margin

66.2 %

20172021

Equity ratio

88.0 %

Strong

Among the 30% highest rated companies in the industry

20172021

Return on equity

2.1 %

Average

Around the average of companies in the same industry

20172021

Net profit margin

72.5 %

Very strong

Among the 20% highest rated companies in the industry

20172021

Asset turnover

0.03×

Average

Around the average of companies in the same industry

20172021

Debt / equity

0.14×

Strong

Among the 30% highest rated companies in the industry

20172021

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginStrong

Among the 30% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery strong

Among the 20% highest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 20% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 20% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtStrong

Among the 30% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 30% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


ØJ Øyvind Johnsen Chief Executive Officer	Chief Executive Officer	2014 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (1)
ØJ Øyvind Johnsen Chairman	Chairman	2014

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Wind Line AS also hold positions in 11 other companies.

Person	Role here	Other companies
Øyvind Johnsen	Chief Executive Officer	11 companiesMany roles

Frequently asked questions

What is the Org number of Wind Line AS?

Wind Line AS is registered with Brønnøysundsregistrene under Org 913633482.

What is the revenue of Wind Line AS?

Wind Line AS reported revenue of NOK 189.9k in 2021.

Who is the chairman of Wind Line AS?

Øyvind Johnsen chairs the board of Wind Line AS.

Where is Wind Line AS headquartered?

Wind Line AS's registered address is Nesbryggveien 74.