WELHAVENSVEI 9 AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

4,16 %

Current Ratio

3,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 516 000	1 767 000	2 133 000	1 742 000
Net Income	659 000	1 328 000	−6 946 000	−176 000
Total Assets	19 267 000	15 212 000	13 896 000	20 873 000
Total Equity	15 841 000	15 182 000	13 854 000	20 795 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 516 000	1 767 000	2 133 000	1 742 000
Expenditure	1 284 000	926 000	9 507 000	1 946 000
Operating Profit	231 000	841 000	−7 374 000	−204 000
Financial Income	428 000	487 000	429 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	427 000	487 000	429 000	28 000
Earnings Before Tax	659 000	1 328 000	−6 946 000	−176 000
Tax	0	0	0	0
Net Income	659 000	1 328 000	−6 946 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 783 000	9 205 000	9 334 000	18 200 000
Total Current Assets	10 484 000	6 006 000	4 562 000	2 673 000
Total Assets	19 267 000	15 212 000	13 896 000	20 873 000
Total Retained Equity	−6 155 000	−6 813 000	−8 141 000	−1 195 000
Total Equity	15 841 000	15 182 000	13 854 000	20 795 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 426 000	30 000	42 000	78 000
Total Equity and Debt	19 267 000	15 212 000	13 896 000	20 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	299 000	8 000	0	0
Other Income	1 216 000	1 759 000	2 133 000	1 742 000
Revenue	1 516 000	1 767 000	2 133 000	1 742 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	11 000	241 000
Depreciation	205 000	0	350 000	1 400 000
Impairment	0	0	0	0
Expenditure	1 284 000	926 000	9 507 000	1 946 000
Operating Profit	231 000	841 000	−7 374 000	−204 000
Financial Income	428 000	487 000	429 000	28 000
Financial Costs	1 000	0	0	0
Financial Balance	427 000	487 000	429 000	28 000
Dividends	0	0	0	0
Net Income	659 000	1 328 000	−6 946 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 045 000	0	0	18 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 045 000	0	0	18 200 000
Total Fiancial Fixed Assets	5 738 000	9 205 000	9 334 000	0
Total Fixed Assets	8 783 000	9 205 000	9 334 000	18 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 323 000	6 006 000	4 232 000	2 673 000
Total Current Assets	10 484 000	6 006 000	4 562 000	2 673 000
Total Assets	19 267 000	15 212 000	13 896 000	20 873 000
Total Equity	15 841 000	15 182 000	13 854 000	20 795 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	64 000	24 000	42 000	56 000
Dividends	0	0	0	0
Other Current Debt	3 362 000	6 000	0	22 000
Total Current Debt	3 426 000	30 000	42 000	78 000
Total Equity and Debt	19 267 000	15 212 000	13 896 000	20 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,16 %	8,75 %	−50,14 %	−0,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,24 %	47,59 %	−345,71 %	−11,71 %
Current Ratio	3,06	200,2	108,62	34,27
Quick Ratio	3,06	200,2	108,62	34,27
Equity Ratio	0,82	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %