LARS WEFRING AS

2320 FURNES

Finances

Return on Equity

37,52 %

Current Ratio

317,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 000	24 000	17 000	59 000
Net Income	842 000	1 039 000	336 000	467 000
Total Assets	2 251 000	3 516 000	2 470 000	2 140 000
Total Equity	2 244 000	3 502 000	2 463 000	2 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 000	24 000	17 000	59 000
Expenditure	117 000	119 000	51 000	13 000
Operating Profit	−58 000	−96 000	−35 000	46 000
Financial Income	900 000	1 135 000	371 000	431 000
Financial Costs	0	0	0	0
Financial Balance	900 000	1 135 000	371 000	431 000
Earnings Before Tax	842 000	1 039 000	336 000	477 000
Tax	0	0	0	10 000
Net Income	842 000	1 039 000	336 000	467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	29 000	30 000	160 000
Total Current Assets	2 222 000	3 487 000	2 440 000	1 979 000
Total Assets	2 251 000	3 516 000	2 470 000	2 140 000
Total Retained Equity	2 204 000	3 462 000	2 423 000	2 087 000
Total Equity	2 244 000	3 502 000	2 463 000	2 127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	14 000	8 000	13 000
Total Equity and Debt	2 251 000	3 516 000	2 470 000	2 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 000	24 000	17 000	59 000
Other Income	0	0	0	0
Revenue	59 000	24 000	17 000	59 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 000	14 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	117 000	119 000	51 000	13 000
Operating Profit	−58 000	−96 000	−35 000	46 000
Financial Income	900 000	1 135 000	371 000	431 000
Financial Costs	0	0	0	0
Financial Balance	900 000	1 135 000	371 000	431 000
Dividends	0	0	0	0
Net Income	842 000	1 039 000	336 000	467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 000	14 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 000	14 000	0	0
Total Fiancial Fixed Assets	15 000	15 000	30 000	160 000
Total Fixed Assets	29 000	29 000	30 000	160 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 217 000	3 483 000	2 440 000	1 972 000
Total Current Assets	2 222 000	3 487 000	2 440 000	1 979 000
Total Assets	2 251 000	3 516 000	2 470 000	2 140 000
Total Equity	2 244 000	3 502 000	2 463 000	2 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	3 000
Unpaid Taxes	2 000	2 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	13 000	6 000	0
Total Current Debt	7 000	14 000	8 000	13 000
Total Equity and Debt	2 251 000	3 516 000	2 470 000	2 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,52 %	29,67 %	13,64 %	21,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−98,31 %	−400 %	−205,88 %	77,97 %
Current Ratio	317,43	249,07	305	152,23
Quick Ratio	317,43	249,07	305	152,23
Equity Ratio	1	1	1	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %