WESSELS GATE 4-6 D+E AS

1162 OSLO

Finances

Share Ownership

Return on Equity

19,51 %

Current Ratio

2,02

Debt-to-Equity Ratio

2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 428 000	3 931 000	3 871 000	3 850 000
Net Income	815 000	834 000	447 000	322 000
Total Assets	17 380 000	15 174 000	13 100 000	13 077 000
Total Equity	4 178 000	4 140 000	3 809 000	7 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 428 000	3 931 000	3 871 000	3 850 000
Expenditure	3 147 000	2 714 000	3 131 000	3 310 000
Operating Profit	1 280 000	1 218 000	740 000	540 000
Financial Income	1 000	0	1 000	227 000
Financial Costs	235 000	148 000	166 000	366 000
Financial Balance	−234 000	−148 000	−165 000	−139 000
Earnings Before Tax	1 046 000	1 070 000	574 000	401 000
Tax	231 000	235 000	127 000	79 000
Net Income	815 000	834 000	447 000	322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 865 000	13 365 000	12 502 000	11 176 000
Total Current Assets	2 515 000	1 809 000	598 000	1 901 000
Total Assets	17 380 000	15 174 000	13 100 000	13 077 000
Total Retained Equity	978 000	940 000	609 000	652 000
Total Equity	4 178 000	4 140 000	3 809 000	7 852 000
Total Long-Term Debt	11 957 000	10 005 000	8 523 000	4 705 000
Total Current Debt	1 246 000	1 029 000	768 000	521 000
Total Equity and Debt	17 380 000	15 174 000	13 100 000	13 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 428 000	3 931 000	3 871 000	3 850 000
Revenue	4 428 000	3 931 000	3 871 000	3 850 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 474 000	1 359 000	1 029 000	1 696 000
Depreciation	198 000	197 000	156 000	159 000
Impairment	0	0	0	0
Expenditure	3 147 000	2 714 000	3 131 000	3 310 000
Operating Profit	1 280 000	1 218 000	740 000	540 000
Financial Income	1 000	0	1 000	227 000
Financial Costs	235 000	148 000	166 000	366 000
Financial Balance	−234 000	−148 000	−165 000	−139 000
Dividends	778 000	504 000	490 000	158 000
Net Income	815 000	834 000	447 000	322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 655 000	13 149 000	12 304 000	10 961 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	162 000	169 000	151 000	167 000
Total Tangible Assets	14 817 000	13 318 000	12 454 000	11 128 000
Total Fiancial Fixed Assets	48 000	48 000	48 000	48 000
Total Fixed Assets	14 865 000	13 365 000	12 502 000	11 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 248 000	1 598 000	505 000	1 855 000
Total Current Assets	2 515 000	1 809 000	598 000	1 901 000
Total Assets	17 380 000	15 174 000	13 100 000	13 077 000
Total Equity	4 178 000	4 140 000	3 809 000	7 852 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 957 000	10 005 000	8 523 000	4 705 000
Creditors	5 000	−3 000	0	−3 000
Unpaid Taxes	79 000	79 000	13 000	74 000
Dividends	778 000	504 000	490 000	158 000
Other Current Debt	206 000	213 000	140 000	212 000
Total Current Debt	1 246 000	1 029 000	768 000	521 000
Total Equity and Debt	17 380 000	15 174 000	13 100 000	13 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,51 %	20,14 %	11,74 %	4,1 %
Debt-to-Equity Ratio	2,86	2,42	2,24	0,6
Operating Profit Margin	28,91 %	30,98 %	19,12 %	14,03 %
Current Ratio	2,02	1,76	0,78	3,65
Quick Ratio	2,02	1,76	0,78	3,65
Equity Ratio	0,24	0,27	0,29	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %