WELL ID AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

45,5 %

Current Ratio

4,27

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 365 000	15 525 000	15 194 000	12 411 000
Net Income	3 900 000	1 632 000	53 000	1 698 000
Total Assets	17 862 000	11 596 000	14 395 000	15 083 000
Total Equity	8 572 000	4 672 000	3 043 000	2 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 365 000	15 525 000	15 194 000	12 411 000
Expenditure	13 022 000	13 764 000	15 287 000	10 651 000
Operating Profit	4 343 000	1 761 000	−92 000	1 760 000
Financial Income	195 000	207 000	547 000	132 000
Financial Costs	638 000	336 000	401 000	193 000
Financial Balance	−443 000	−129 000	146 000	−61 000
Earnings Before Tax	3 900 000	1 632 000	53 000	1 698 000
Tax	0	0	0	0
Net Income	3 900 000	1 632 000	53 000	1 698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	865 000	723 000	282 000	97 000
Total Current Assets	16 997 000	10 873 000	14 112 000	14 986 000
Total Assets	17 862 000	11 596 000	14 395 000	15 083 000
Total Retained Equity	8 542 000	4 642 000	3 013 000	2 960 000
Total Equity	8 572 000	4 672 000	3 043 000	2 990 000
Total Long-Term Debt	5 313 000	4 851 000	6 193 000	6 329 000
Total Current Debt	3 978 000	2 074 000	5 159 000	5 764 000
Total Equity and Debt	17 862 000	11 596 000	14 395 000	15 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 555 000	11 796 000	11 457 000	8 740 000
Other Income	810 000	3 729 000	3 736 000	3 671 000
Revenue	17 365 000	15 525 000	15 194 000	12 411 000
Cost of Goods Sold	4 600 000	5 389 000	8 443 000	5 269 000
Salary Costs	6 563 000	6 457 000	5 461 000	3 877 000
Depreciation	244 000	90 000	68 000	54 000
Impairment	0	0	0	0
Expenditure	13 022 000	13 764 000	15 287 000	10 651 000
Operating Profit	4 343 000	1 761 000	−92 000	1 760 000
Financial Income	195 000	207 000	547 000	132 000
Financial Costs	638 000	336 000	401 000	193 000
Financial Balance	−443 000	−129 000	146 000	−61 000
Dividends	0	0	0	0
Net Income	3 900 000	1 632 000	53 000	1 698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	417 000	338 000	134 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	197 000	17 000	23 000	29 000
Fixtures	252 000	368 000	125 000	67 000
Total Tangible Assets	448 000	385 000	148 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	865 000	723 000	282 000	97 000
Stock	1 196 000	586 000	643 000	0
Total Investments	0	0	0	0
Cash, Bank	9 526 000	6 188 000	5 380 000	7 734 000
Total Current Assets	16 997 000	10 873 000	14 112 000	14 986 000
Total Assets	17 862 000	11 596 000	14 395 000	15 083 000
Total Equity	8 572 000	4 672 000	3 043 000	2 990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 313 000	4 851 000	6 193 000	6 329 000
Creditors	2 397 000	344 000	3 145 000	718 000
Unpaid Taxes	744 000	568 000	544 000	436 000
Dividends	0	0	0	0
Other Current Debt	838 000	1 162 000	1 469 000	4 610 000
Total Current Debt	3 978 000	2 074 000	5 159 000	5 764 000
Total Equity and Debt	17 862 000	11 596 000	14 395 000	15 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,5 %	34,93 %	1,74 %	56,79 %
Debt-to-Equity Ratio	0,62	1,04	2,04	2,12
Operating Profit Margin	25,01 %	11,34 %	−0,61 %	14,18 %
Current Ratio	4,27	5,24	2,74	2,6
Quick Ratio	6,11	7,31	3,12	2,6
Equity Ratio	0,48	0,4	0,21	0,2
Gross Profit Margin	73,51 %	65,29 %	44,43 %	57,55 %