WESSELSGATE 12 AS

7043 TRONDHEIM

Finances

Share Ownership

Return on Equity

57,33 %

Current Ratio

3,76

Debt-to-Equity Ratio

8,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 518 000	1 003 000	636 000	578 000
Net Income	712 000	−975 000	−113 000	243 000
Total Assets	12 296 000	13 558 000	2 168 000	6 780 000
Total Equity	1 242 000	530 000	174 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 518 000	1 003 000	636 000	578 000
Expenditure	461 000	1 454 000	765 000	234 000
Operating Profit	1 057 000	−451 000	−129 000	344 000
Financial Income	0	0	138 000	118 000
Financial Costs	318 000	322 000	153 000	151 000
Financial Balance	−318 000	−322 000	−15 000	−33 000
Earnings Before Tax	739 000	−773 000	−144 000	311 000
Tax	27 000	202 000	−32 000	68 000
Net Income	712 000	−975 000	−113 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 905 000	12 030 000	1 693 000	6 587 000
Total Current Assets	391 000	1 528 000	476 000	193 000
Total Assets	12 296 000	13 558 000	2 168 000	6 780 000
Total Retained Equity	712 000	0	152 000	265 000
Total Equity	1 242 000	530 000	174 000	286 000
Total Long-Term Debt	10 950 000	12 890 000	1 768 000	6 060 000
Total Current Debt	104 000	138 000	227 000	434 000
Total Equity and Debt	12 296 000	13 558 000	2 168 000	6 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 518 000	1 003 000	636 000	578 000
Revenue	1 518 000	1 003 000	636 000	578 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	125 000	122 000	53 000	46 000
Impairment	0	0	0	0
Expenditure	461 000	1 454 000	765 000	234 000
Operating Profit	1 057 000	−451 000	−129 000	344 000
Financial Income	0	0	138 000	118 000
Financial Costs	318 000	322 000	153 000	151 000
Financial Balance	−318 000	−322 000	−15 000	−33 000
Dividends	0	0	0	0
Net Income	712 000	−975 000	−113 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	202 000	170 000
Real Eastate	11 905 000	12 030 000	1 490 000	1 544 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 905 000	12 030 000	1 490 000	1 544 000
Total Fiancial Fixed Assets	0	0	0	4 873 000
Total Fixed Assets	11 905 000	12 030 000	1 693 000	6 587 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	97 000	467 000	158 000
Total Current Assets	391 000	1 528 000	476 000	193 000
Total Assets	12 296 000	13 558 000	2 168 000	6 780 000
Total Equity	1 242 000	530 000	174 000	286 000
Short-Term Group Debt	10 000	0	0	357 000
Total Long-Term Debt	10 950 000	12 890 000	1 768 000	6 060 000
Creditors	15 000	22 000	226 000	29 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	52 000	115 000	2 000	48 000
Total Current Debt	104 000	138 000	227 000	434 000
Total Equity and Debt	12 296 000	13 558 000	2 168 000	6 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,33 %	−183,96 %	−64,94 %	84,97 %
Debt-to-Equity Ratio	8,82	24,32	10,16	21,19
Operating Profit Margin	69,63 %	−44,97 %	−20,28 %	59,52 %
Current Ratio	3,76	11,07	2,1	0,44
Quick Ratio	3,76	11,07	2,1	0,44
Equity Ratio	0,1	0,04	0,08	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %