WELLCONNECTION EVPE GROUP HOLDING AS

4029 STAVANGER

Finances

Return on Equity

−23,51 %

Current Ratio

502,84

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	−44 470 000	−57 726 000	−66 000	−102 000
Total Assets	189 569 000	234 072 000	214 799 000	180 597 000
Total Equity	189 192 000	233 661 000	214 388 000	180 254 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	70 000	26 000	64 000	68 000
Operating Profit	−70 000	−26 000	−64 000	−68 000
Financial Income	0	0	3 000	0
Financial Costs	44 400 000	57 700 000	5 000	34 000
Financial Balance	−44 400 000	−57 700 000	−2 000	−34 000
Earnings Before Tax	−44 470 000	−57 726 000	−66 000	−102 000
Tax	0	0	0	0
Net Income	−44 470 000	−57 726 000	−66 000	−102 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	189 569 000	234 072 000	214 799 000	180 597 000
Total Assets	189 569 000	234 072 000	214 799 000	180 597 000
Total Retained Equity	0	0	0	0
Total Equity	189 192 000	233 661 000	214 388 000	180 254 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	377 000	411 000	411 000	343 000
Total Equity and Debt	189 569 000	234 072 000	214 799 000	180 597 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	70 000	26 000	64 000	68 000
Operating Profit	−70 000	−26 000	−64 000	−68 000
Financial Income	0	0	3 000	0
Financial Costs	44 400 000	57 700 000	5 000	34 000
Financial Balance	−44 400 000	−57 700 000	−2 000	−34 000
Dividends	0	0	0	0
Net Income	−44 470 000	−57 726 000	−66 000	−102 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	189 352 000	233 752 000	214 452 000	180 594 000
Cash, Bank	218 000	321 000	347 000	3 000
Total Current Assets	189 569 000	234 072 000	214 799 000	180 597 000
Total Assets	189 569 000	234 072 000	214 799 000	180 597 000
Total Equity	189 192 000	233 661 000	214 388 000	180 254 000
Short-Term Group Debt	377 000	411 000	411 000	211 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	132 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	377 000	411 000	411 000	343 000
Total Equity and Debt	189 569 000	234 072 000	214 799 000	180 597 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−23,51 %	−24,71 %	−0,03 %	−0,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	502,84	569,52	522,63	526,52
Quick Ratio	502,84	569,52	522,63	526,52
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-