WESSELS GATE 4 AS

7043 TRONDHEIM

Finances

Share Ownership

Return on Equity

18,37 %

Current Ratio

1,09

Debt-to-Equity Ratio

3,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 982 000	2 100 000	2 120 000	2 174 000
Net Income	738 000	433 000	915 000	791 000
Total Assets	18 017 000	17 793 000	17 881 000	17 707 000
Total Equity	4 018 000	3 280 000	2 846 000	1 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 982 000	2 100 000	2 120 000	2 174 000
Expenditure	520 000	1 220 000	551 000	549 000
Operating Profit	1 462 000	880 000	1 569 000	1 624 000
Financial Income	1 000	0	0	0
Financial Costs	517 000	324 000	396 000	610 000
Financial Balance	−516 000	−324 000	−396 000	−610 000
Earnings Before Tax	946 000	556 000	1 173 000	1 014 000
Tax	208 000	123 000	258 000	223 000
Net Income	738 000	433 000	915 000	791 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 725 000	16 725 000	16 725 000	16 728 000
Total Current Assets	1 292 000	1 068 000	1 155 000	979 000
Total Assets	18 017 000	17 793 000	17 881 000	17 707 000
Total Retained Equity	3 995 000	3 258 000	2 824 000	1 909 000
Total Equity	4 018 000	3 280 000	2 846 000	1 931 000
Total Long-Term Debt	12 815 000	13 426 000	13 927 000	14 524 000
Total Current Debt	1 184 000	1 087 000	1 107 000	1 251 000
Total Equity and Debt	18 017 000	17 793 000	17 881 000	17 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 982 000	2 100 000	2 120 000	2 174 000
Revenue	1 982 000	2 100 000	2 120 000	2 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	3 000	4 000
Impairment	0	0	0	0
Expenditure	520 000	1 220 000	551 000	549 000
Operating Profit	1 462 000	880 000	1 569 000	1 624 000
Financial Income	1 000	0	0	0
Financial Costs	517 000	324 000	396 000	610 000
Financial Balance	−516 000	−324 000	−396 000	−610 000
Dividends	0	0	0	0
Net Income	738 000	433 000	915 000	791 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 725 000	16 725 000	16 725 000	16 725 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	16 725 000	16 725 000	16 725 000	16 728 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 725 000	16 725 000	16 725 000	16 728 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	456 000	232 000	720 000	643 000
Total Current Assets	1 292 000	1 068 000	1 155 000	979 000
Total Assets	18 017 000	17 793 000	17 881 000	17 707 000
Total Equity	4 018 000	3 280 000	2 846 000	1 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 815 000	13 426 000	13 927 000	14 524 000
Creditors	43 000	38 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	933 000	926 000	848 000	1 027 000
Total Current Debt	1 184 000	1 087 000	1 107 000	1 251 000
Total Equity and Debt	18 017 000	17 793 000	17 881 000	17 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,37 %	13,2 %	32,15 %	40,96 %
Debt-to-Equity Ratio	3,19	4,09	4,89	7,52
Operating Profit Margin	73,76 %	41,9 %	74,01 %	74,7 %
Current Ratio	1,09	0,98	1,04	0,78
Quick Ratio	1,09	0,98	1,04	0,78
Equity Ratio	0,22	0,18	0,16	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %