WELLAND NORGE AS

7506 STJØRDAL

Finances

Share Ownership

Return on Equity

155,41 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 658 000	9 025 000	7 787 000	6 183 000
Net Income	1 049 000	1 084 000	820 000	355 000
Total Assets	5 871 000	4 015 000	2 293 000	1 291 000
Total Equity	675 000	1 063 000	479 000	−41 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 658 000	9 025 000	7 787 000	6 183 000
Expenditure	10 269 000	7 600 000	6 715 000	5 685 000
Operating Profit	1 390 000	1 425 000	1 072 000	498 000
Financial Income	16 000	−11 000	−8 000	−17 000
Financial Costs	60 000	25 000	13 000	26 000
Financial Balance	−44 000	−36 000	−21 000	−43 000
Earnings Before Tax	1 345 000	1 390 000	1 051 000	455 000
Tax	296 000	306 000	231 000	100 000
Net Income	1 049 000	1 084 000	820 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	20 000
Total Current Assets	5 871 000	4 015 000	2 293 000	1 271 000
Total Assets	5 871 000	4 015 000	2 293 000	1 291 000
Total Retained Equity	1 088 000	1 038 000	455 000	−65 000
Total Equity	675 000	1 063 000	479 000	−41 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 196 000	2 952 000	1 814 000	1 332 000
Total Equity and Debt	5 871 000	4 015 000	2 293 000	1 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 654 000	9 025 000	7 787 000	6 183 000
Other Income	4 000	0	0	0
Revenue	11 658 000	9 025 000	7 787 000	6 183 000
Cost of Goods Sold	6 383 000	4 235 000	3 789 000	3 135 000
Salary Costs	2 190 000	2 051 000	1 812 000	1 504 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 269 000	7 600 000	6 715 000	5 685 000
Operating Profit	1 390 000	1 425 000	1 072 000	498 000
Financial Income	16 000	−11 000	−8 000	−17 000
Financial Costs	60 000	25 000	13 000	26 000
Financial Balance	−44 000	−36 000	−21 000	−43 000
Dividends	1 000 000	500 000	300 000	0
Net Income	1 049 000	1 084 000	820 000	355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 691 000	2 173 000	730 000	658 000
Total Current Assets	5 871 000	4 015 000	2 293 000	1 271 000
Total Assets	5 871 000	4 015 000	2 293 000	1 291 000
Total Equity	675 000	1 063 000	479 000	−41 000
Short-Term Group Debt	860 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 284 000	1 008 000	680 000	737 000
Unpaid Taxes	695 000	604 000	481 000	467 000
Dividends	1 000 000	500 000	300 000	0
Other Current Debt	185 000	528 000	142 000	127 000
Total Current Debt	5 196 000	2 952 000	1 814 000	1 332 000
Total Equity and Debt	5 871 000	4 015 000	2 293 000	1 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,41 %	101,98 %	171,19 %	−865,85 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	11,92 %	15,79 %	13,77 %	8,05 %
Current Ratio	1,13	1,36	1,26	0,95
Quick Ratio	1,13	1,36	1,26	0,95
Equity Ratio	0,11	0,26	0,21	−0,03
Gross Profit Margin	45,25 %	53,07 %	51,34 %	49,3 %