WELHAVENSGATE 80 AS

5016 BERGEN

Finances

Share Ownership

Return on Equity

3,94 %

Current Ratio

12,98

Debt-to-Equity Ratio

19,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 119 000	1 814 000	2 032 000	2 068 000
Net Income	62 000	370 000	521 000	306 000
Total Assets	32 856 000	32 776 000	33 705 000	32 593 000
Total Equity	1 572 000	1 510 000	1 140 000	1 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 119 000	1 814 000	2 032 000	2 068 000
Expenditure	1 173 000	785 000	609 000	807 000
Operating Profit	946 000	1 028 000	1 423 000	1 261 000
Financial Income	5 000	0	2 000	0
Financial Costs	874 000	557 000	762 000	875 000
Financial Balance	−869 000	−557 000	−760 000	−875 000
Earnings Before Tax	77 000	471 000	663 000	387 000
Tax	15 000	101 000	143 000	81 000
Net Income	62 000	370 000	521 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 013 000	32 013 000	32 313 000	32 313 000
Total Current Assets	844 000	763 000	1 392 000	281 000
Total Assets	32 856 000	32 776 000	33 705 000	32 593 000
Total Retained Equity	1 155 000	1 093 000	723 000	708 000
Total Equity	1 572 000	1 510 000	1 140 000	1 125 000
Total Long-Term Debt	31 220 000	31 087 000	31 872 000	31 075 000
Total Current Debt	65 000	179 000	693 000	394 000
Total Equity and Debt	32 856 000	32 776 000	33 705 000	32 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 119 000	1 814 000	2 032 000	2 068 000
Revenue	2 119 000	1 814 000	2 032 000	2 068 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 173 000	785 000	609 000	807 000
Operating Profit	946 000	1 028 000	1 423 000	1 261 000
Financial Income	5 000	0	2 000	0
Financial Costs	874 000	557 000	762 000	875 000
Financial Balance	−869 000	−557 000	−760 000	−875 000
Dividends	0	0	0	0
Net Income	62 000	370 000	521 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 013 000	32 013 000	32 013 000	32 013 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 013 000	32 013 000	32 013 000	32 013 000
Total Fiancial Fixed Assets	0	0	300 000	300 000
Total Fixed Assets	32 013 000	32 013 000	32 313 000	32 313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	825 000	739 000	1 373 000	259 000
Total Current Assets	844 000	763 000	1 392 000	281 000
Total Assets	32 856 000	32 776 000	33 705 000	32 593 000
Total Equity	1 572 000	1 510 000	1 140 000	1 125 000
Short-Term Group Debt	0	0	648 000	368 000
Total Long-Term Debt	31 220 000	31 087 000	31 872 000	31 075 000
Creditors	50 000	19 000	43 000	26 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	59 000	2 000	0
Total Current Debt	65 000	179 000	693 000	394 000
Total Equity and Debt	32 856 000	32 776 000	33 705 000	32 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,94 %	24,5 %	45,7 %	27,2 %
Debt-to-Equity Ratio	19,86	20,59	27,96	27,62
Operating Profit Margin	44,64 %	56,67 %	70,03 %	60,98 %
Current Ratio	12,98	4,26	2,01	0,71
Quick Ratio	12,98	4,26	2,01	0,71
Equity Ratio	0,05	0,05	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %