WESSELSTUEN AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

15,35 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 083 000	24 195 000	20 457 000	27 134 000
Net Income	189 000	652 000	−729 000	1 124 000
Total Assets	18 877 000	14 496 000	12 418 000	9 814 000
Total Equity	1 231 000	1 042 000	390 000	2 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 083 000	24 195 000	20 457 000	27 134 000
Expenditure	20 943 000	16 534 000	15 657 000	25 741 000
Operating Profit	456 000	1 189 000	−723 000	1 394 000
Financial Income	13 000	6 000	8 000	152 000
Financial Costs	175 000	335 000	212 000	89 000
Financial Balance	−162 000	−329 000	−204 000	63 000
Earnings Before Tax	293 000	860 000	−927 000	1 458 000
Tax	104 000	207 000	−198 000	334 000
Net Income	189 000	652 000	−729 000	1 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 225 000	1 709 000	436 000	396 000
Total Current Assets	9 652 000	12 788 000	11 982 000	9 418 000
Total Assets	18 877 000	14 496 000	12 418 000	9 814 000
Total Retained Equity	849 000	660 000	8 000	1 677 000
Total Equity	1 231 000	1 042 000	390 000	2 059 000
Total Long-Term Debt	34 000	4 923 000	2 899 000	0
Total Current Debt	17 612 000	8 531 000	9 130 000	7 755 000
Total Equity and Debt	18 877 000	14 496 000	12 418 000	9 814 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 791 000	22 254 000	19 368 000	27 192 000
Other Income	292 000	1 941 000	1 089 000	−58 000
Revenue	30 083 000	24 195 000	20 457 000	27 134 000
Cost of Goods Sold	0	0	0	6 995 000
Salary Costs	11 153 000	9 133 000	8 894 000	10 640 000
Depreciation	555 000	192 000	115 000	69 000
Impairment	0	0	0	0
Expenditure	20 943 000	16 534 000	15 657 000	25 741 000
Operating Profit	456 000	1 189 000	−723 000	1 394 000
Financial Income	13 000	6 000	8 000	152 000
Financial Costs	175 000	335 000	212 000	89 000
Financial Balance	−162 000	−329 000	−204 000	63 000
Dividends	0	0	0	0
Net Income	189 000	652 000	−729 000	1 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	159 000	171 000	16 000
Real Eastate	8 942 000	1 418 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	133 000	265 000	380 000
Total Tangible Assets	9 137 000	1 550 000	265 000	380 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 225 000	1 709 000	436 000	396 000
Stock	509 000	615 000	638 000	489 000
Total Investments	0	0	0	0
Cash, Bank	2 521 000	2 947 000	1 350 000	5 490 000
Total Current Assets	9 652 000	12 788 000	11 982 000	9 418 000
Total Assets	18 877 000	14 496 000	12 418 000	9 814 000
Total Equity	1 231 000	1 042 000	390 000	2 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	4 923 000	2 899 000	0
Creditors	2 664 000	1 489 000	3 368 000	2 206 000
Unpaid Taxes	2 466 000	2 252 000	896 000	2 032 000
Dividends	0	0	0	0
Other Current Debt	12 482 000	4 596 000	4 865 000	3 386 000
Total Current Debt	17 612 000	8 531 000	9 130 000	7 755 000
Total Equity and Debt	18 877 000	14 496 000	12 418 000	9 814 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,35 %	62,57 %	−186,92 %	54,59 %
Debt-to-Equity Ratio	0,03	4,72	7,43	0
Operating Profit Margin	1,52 %	4,91 %	−3,53 %	5,14 %
Current Ratio	0,55	1,5	1,31	1,21
Quick Ratio	0,56	1,62	1,41	1,3
Equity Ratio	0,07	0,07	0,03	0,21
Gross Profit Margin	100 %	100 %	100 %	74,22 %