WELL TECHNOLOGY INVEST AS

4033 STAVANGER

Finances

Return on Equity

6,58 %

Current Ratio

16,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 000	424 000	1 965 000	1 681 000
Net Income	5 000	112 000	122 000	259 000
Total Assets	81 000	6 159 000	9 262 000	8 730 000
Total Equity	76 000	5 290 000	8 379 000	3 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 000	424 000	1 965 000	1 681 000
Expenditure	70 000	303 000	1 831 000	1 508 000
Operating Profit	−13 000	122 000	133 000	173 000
Financial Income	17 000	22 000	54 000	136 000
Financial Costs	0	0	31 000	0
Financial Balance	17 000	22 000	23 000	136 000
Earnings Before Tax	5 000	144 000	157 000	309 000
Tax	0	32 000	35 000	49 000
Net Income	5 000	112 000	122 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 155 000	6 106 000	4 324 000
Total Current Assets	81 000	4 000	3 156 000	4 406 000
Total Assets	81 000	6 159 000	9 262 000	8 730 000
Total Retained Equity	35 000	0	−411 000	−534 000
Total Equity	76 000	5 290 000	8 379 000	3 256 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	869 000	884 000	5 473 000
Total Equity and Debt	81 000	6 159 000	9 262 000	8 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	424 000	1 965 000	1 681 000
Other Income	0	0	0	0
Revenue	57 000	424 000	1 965 000	1 681 000
Cost of Goods Sold	37 000	189 000	758 000	744 000
Salary Costs	0	0	514 000	552 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	70 000	303 000	1 831 000	1 508 000
Operating Profit	−13 000	122 000	133 000	173 000
Financial Income	17 000	22 000	54 000	136 000
Financial Costs	0	0	31 000	0
Financial Balance	17 000	22 000	23 000	136 000
Dividends	0	0	0	0
Net Income	5 000	112 000	122 000	259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	6 155 000	6 106 000	4 324 000
Total Fixed Assets	0	6 155 000	6 106 000	4 324 000
Stock	0	0	0	0
Total Investments	0	0	49 000	49 000
Cash, Bank	3 000	3 000	1 000	39 000
Total Current Assets	81 000	4 000	3 156 000	4 406 000
Total Assets	81 000	6 159 000	9 262 000	8 730 000
Total Equity	76 000	5 290 000	8 379 000	3 256 000
Short-Term Group Debt	0	332 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	296 000	345 000
Unpaid Taxes	5 000	0	7 000	50 000
Dividends	0	0	0	0
Other Current Debt	0	500 000	547 000	5 029 000
Total Current Debt	5 000	869 000	884 000	5 473 000
Total Equity and Debt	81 000	6 159 000	9 262 000	8 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,58 %	2,12 %	1,46 %	7,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,81 %	28,77 %	6,77 %	10,29 %
Current Ratio	16,2	0	3,57	0,81
Quick Ratio	16,2	0	3,57	0,81
Equity Ratio	0,94	0,86	0,9	0,37
Gross Profit Margin	35,09 %	55,42 %	61,42 %	55,74 %