THE WELL AS

1412 SOFIEMYR

Finances

Share Ownership

Return on Equity

−203,18 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 941 000	129 685 000	66 397 000	91 780 000
Net Income	−34 903 000	−34 929 000	−28 667 000	−26 953 000
Total Assets	75 700 000	103 782 000	67 180 000	76 813 000
Total Equity	17 178 000	20 100 000	20 028 000	23 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 941 000	129 685 000	66 397 000	91 780 000
Expenditure	225 932 000	164 095 000	94 840 000	118 540 000
Operating Profit	−33 992 000	−34 410 000	−28 444 000	−26 761 000
Financial Income	66 000	9 000	21 000	10 000
Financial Costs	977 000	527 000	244 000	202 000
Financial Balance	−911 000	−518 000	−223 000	−192 000
Earnings Before Tax	−34 903 000	−34 929 000	−28 667 000	−26 953 000
Tax	0	0	0	0
Net Income	−34 903 000	−34 929 000	−28 667 000	−26 953 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 731 000	26 213 000	17 208 000	12 361 000
Total Current Assets	51 968 000	77 569 000	49 972 000	64 452 000
Total Assets	75 700 000	103 782 000	67 180 000	76 813 000
Total Retained Equity	0	0	0	0
Total Equity	17 178 000	20 100 000	20 028 000	23 695 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	58 522 000	83 683 000	47 151 000	53 118 000
Total Equity and Debt	75 700 000	103 782 000	67 180 000	76 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	190 955 000	127 570 000	64 389 000	91 780 000
Other Income	986 000	2 116 000	2 008 000	0
Revenue	191 941 000	129 685 000	66 397 000	91 780 000
Cost of Goods Sold	39 454 000	27 901 000	13 987 000	20 822 000
Salary Costs	89 173 000	67 943 000	35 024 000	49 066 000
Depreciation	7 341 000	5 705 000	3 477 000	2 970 000
Impairment	0	0	0	0
Expenditure	225 932 000	164 095 000	94 840 000	118 540 000
Operating Profit	−33 992 000	−34 410 000	−28 444 000	−26 761 000
Financial Income	66 000	9 000	21 000	10 000
Financial Costs	977 000	527 000	244 000	202 000
Financial Balance	−911 000	−518 000	−223 000	−192 000
Dividends	0	0	0	0
Net Income	−34 903 000	−34 929 000	−28 667 000	−26 953 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	3 398 000
Total Intangible Assets	7 670 000	10 202 000	8 236 000	3 398 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 062 000	16 011 000	8 972 000	8 963 000
Total Tangible Assets	16 062 000	16 011 000	8 972 000	8 963 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 731 000	26 213 000	17 208 000	12 361 000
Stock	16 201 000	14 850 000	10 200 000	8 550 000
Total Investments	0	0	0	0
Cash, Bank	29 674 000	21 700 000	10 218 000	19 732 000
Total Current Assets	51 968 000	77 569 000	49 972 000	64 452 000
Total Assets	75 700 000	103 782 000	67 180 000	76 813 000
Total Equity	17 178 000	20 100 000	20 028 000	23 695 000
Short-Term Group Debt	0	26 080 000	15 577 000	14 371 000
Total Long-Term Debt	0	0	0	0
Creditors	11 247 000	9 178 000	4 420 000	4 299 000
Unpaid Taxes	5 894 000	5 103 000	1 724 000	3 869 000
Dividends	0	0	0	0
Other Current Debt	41 381 000	43 322 000	25 430 000	30 579 000
Total Current Debt	58 522 000	83 683 000	47 151 000	53 118 000
Total Equity and Debt	75 700 000	103 782 000	67 180 000	76 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−203,18 %	−173,78 %	−143,13 %	−113,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,71 %	−26,53 %	−42,84 %	−29,16 %
Current Ratio	0,89	0,93	1,06	1,21
Quick Ratio	1,23	1,13	1,35	1,45
Equity Ratio	0,23	0,19	0,3	0,31
Gross Profit Margin	79,44 %	78,49 %	78,93 %	77,31 %