WELINK AS

4332 FIGGJO

Finances

Share Ownership

Return on Equity

34,76 %

Current Ratio

−0,07

Debt-to-Equity Ratio

−0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	60 000	1 390 000	1 203 000
Net Income	−227 000	−180 000	−133 000	27 000
Total Assets	45 000	204 000	432 000	640 000
Total Equity	−653 000	−426 000	−246 000	−113 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	60 000	1 390 000	1 203 000
Expenditure	231 000	240 000	1 522 000	1 170 000
Operating Profit	−227 000	−180 000	−133 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−227 000	−180 000	−133 000	34 000
Tax	0	0	0	8 000
Net Income	−227 000	−180 000	−133 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	149 000	221 000	285 000
Total Current Assets	−40 000	55 000	211 000	355 000
Total Assets	45 000	204 000	432 000	640 000
Total Retained Equity	−673 000	−446 000	−266 000	−133 000
Total Equity	−653 000	−426 000	−246 000	−113 000
Total Long-Term Debt	100 000	100 000	100 000	100 000
Total Current Debt	598 000	530 000	578 000	652 000
Total Equity and Debt	45 000	204 000	432 000	640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	60 000	1 390 000	1 203 000
Other Income	0	0	0	0
Revenue	5 000	60 000	1 390 000	1 203 000
Cost of Goods Sold	47 000	24 000	273 000	−28 000
Salary Costs	3 000	28 000	726 000	733 000
Depreciation	64 000	64 000	64 000	43 000
Impairment	0	0	0	0
Expenditure	231 000	240 000	1 522 000	1 170 000
Operating Profit	−227 000	−180 000	−133 000	34 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−227 000	−180 000	−133 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	8 000	0
Total Intangible Assets	0	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	149 000	213 000	285 000
Total Tangible Assets	85 000	149 000	213 000	285 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	85 000	149 000	221 000	285 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−45 000	123 000	266 000	370 000
Total Current Assets	−40 000	55 000	211 000	355 000
Total Assets	45 000	204 000	432 000	640 000
Total Equity	−653 000	−426 000	−246 000	−113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	100 000
Creditors	319 000	297 000	289 000	225 000
Unpaid Taxes	141 000	146 000	219 000	237 000
Dividends	0	0	0	0
Other Current Debt	129 000	79 000	63 000	183 000
Total Current Debt	598 000	530 000	578 000	652 000
Total Equity and Debt	45 000	204 000	432 000	640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,76 %	42,25 %	54,07 %	−23,89 %
Debt-to-Equity Ratio	−0,15	−0,23	−0,41	−0,88
Operating Profit Margin	−4 540 %	−300 %	−9,57 %	2,83 %
Current Ratio	−0,07	0,1	0,37	0,54
Quick Ratio	−0,07	0,1	0,37	0,54
Equity Ratio	−14,51	−2,09	−0,57	−0,18
Gross Profit Margin	−840 %	60 %	80,36 %	102,33 %