WETTCO AS

2318 HAMAR

Finances

Return on Equity

28,78 %

Current Ratio

0,5

Debt-to-Equity Ratio

4,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	64 000
Net Income	40 000	−15 000	−9 000	50 000
Total Assets	901 000	996 000	714 000	760 000
Total Equity	139 000	99 000	114 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	64 000
Expenditure	10 000	15 000	11 000	7 000
Operating Profit	−10 000	−15 000	−11 000	57 000
Financial Income	50 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	50 000	0	0	0
Earnings Before Tax	40 000	−15 000	−11 000	57 000
Tax	0	0	−2 000	8 000
Net Income	40 000	−15 000	−9 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	820 000	758 000	600 000	600 000
Total Current Assets	81 000	239 000	114 000	160 000
Total Assets	901 000	996 000	714 000	760 000
Total Retained Equity	109 000	68 000	83 000	92 000
Total Equity	139 000	99 000	114 000	123 000
Total Long-Term Debt	600 000	600 000	600 000	600 000
Total Current Debt	162 000	297 000	0	37 000
Total Equity and Debt	901 000	996 000	714 000	760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	64 000
Other Income	0	0	0	0
Revenue	0	0	0	64 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 000	15 000	11 000	7 000
Operating Profit	−10 000	−15 000	−11 000	57 000
Financial Income	50 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	50 000	0	0	0
Dividends	0	0	0	15 000
Net Income	40 000	−15 000	−9 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	820 000	758 000	600 000	600 000
Total Fixed Assets	820 000	758 000	600 000	600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	228 000	43 000	69 000
Total Current Assets	81 000	239 000	114 000	160 000
Total Assets	901 000	996 000	714 000	760 000
Total Equity	139 000	99 000	114 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	600 000	600 000	600 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	14 000
Dividends	0	0	0	15 000
Other Current Debt	162 000	297 000	0	0
Total Current Debt	162 000	297 000	0	37 000
Total Equity and Debt	901 000	996 000	714 000	760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,78 %	−15,15 %	−7,89 %	40,65 %
Debt-to-Equity Ratio	4,32	6,06	5,26	4,88
Operating Profit Margin	-	-	-	89,06 %
Current Ratio	0,5	0,8	-	4,32
Quick Ratio	0,5	0,8	-	4,32
Equity Ratio	0,15	0,1	0,16	0,16
Gross Profit Margin	-	-	-	100 %