WESSELSGT 7 AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

830 %

Current Ratio

0,28

Debt-to-Equity Ratio

383,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 628 000	1 501 000	1 549 000	1 556 000
Net Income	249 000	545 000	904 000	126 000
Total Assets	12 134 000	13 212 000	12 991 000	12 310 000
Total Equity	30 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 628 000	1 501 000	1 549 000	1 556 000
Expenditure	837 000	495 000	375 000	1 201 000
Operating Profit	790 000	1 005 000	1 174 000	355 000
Financial Income	0	1 000	0	6 000
Financial Costs	456 000	292 000	0	184 000
Financial Balance	−456 000	−291 000	0	−178 000
Earnings Before Tax	334 000	714 000	1 174 000	176 000
Tax	85 000	169 000	270 000	51 000
Net Income	249 000	545 000	904 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 966 000	13 105 000	12 552 000	12 176 000
Total Current Assets	169 000	107 000	438 000	134 000
Total Assets	12 134 000	13 212 000	12 991 000	12 310 000
Total Retained Equity	0	0	0	0
Total Equity	30 000	30 000	30 000	30 000
Total Long-Term Debt	11 493 000	12 340 000	11 733 000	12 181 000
Total Current Debt	612 000	842 000	1 227 000	99 000
Total Equity and Debt	12 134 000	13 212 000	12 991 000	12 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 628 000	1 501 000	1 549 000	1 556 000
Revenue	1 628 000	1 501 000	1 549 000	1 556 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	53 000	53 000	53 000	53 000
Impairment	0	0	0	0
Expenditure	837 000	495 000	375 000	1 201 000
Operating Profit	790 000	1 005 000	1 174 000	355 000
Financial Income	0	1 000	0	6 000
Financial Costs	456 000	292 000	0	184 000
Financial Balance	−456 000	−291 000	0	−178 000
Dividends	0	0	0	0
Net Income	249 000	545 000	904 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 966 000	12 019 000	12 072 000	12 126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 966 000	12 019 000	12 072 000	12 126 000
Total Fiancial Fixed Assets	0	1 086 000	480 000	50 000
Total Fixed Assets	11 966 000	13 105 000	12 552 000	12 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	1 000	367 000	134 000
Total Current Assets	169 000	107 000	438 000	134 000
Total Assets	12 134 000	13 212 000	12 991 000	12 310 000
Total Equity	30 000	30 000	30 000	30 000
Short-Term Group Debt	388 000	767 000	1 227 000	62 000
Total Long-Term Debt	11 493 000	12 340 000	11 733 000	12 181 000
Creditors	235 000	75 000	0	0
Unpaid Taxes	−15 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	0
Total Current Debt	612 000	842 000	1 227 000	99 000
Total Equity and Debt	12 134 000	13 212 000	12 991 000	12 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	830 %	1 816,67 %	3 013,33 %	420 %
Debt-to-Equity Ratio	383,1	411,33	391,1	406,03
Operating Profit Margin	48,53 %	66,96 %	75,79 %	22,81 %
Current Ratio	0,28	0,13	0,36	1,35
Quick Ratio	0,28	0,13	0,36	1,35
Equity Ratio	0	0	0	0
Gross Profit Margin	100 %	100 %	100 %	100 %