WELL-SET P&A AS

4019 STAVANGER

Finances

Share Ownership

Return on Equity

110,37 %

Current Ratio

0,32

Debt-to-Equity Ratio

−0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	−6 000	6 686 000	1 298 000
Net Income	−1 235 000	−1 197 000	604 000	494 000
Total Assets	208 000	476 000	1 347 000	1 617 000
Total Equity	−1 119 000	116 000	1 313 000	709 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	−6 000	6 686 000	1 298 000
Expenditure	1 235 000	1 336 000	6 729 000	945 000
Operating Profit	−1 225 000	−1 342 000	−44 000	352 000
Financial Income	1 000	16 000	145 000	0
Financial Costs	10 000	4 000	243 000	14 000
Financial Balance	−9 000	12 000	−98 000	−14 000
Earnings Before Tax	−1 235 000	−1 330 000	−142 000	337 000
Tax	0	−133 000	−746 000	−157 000
Net Income	−1 235 000	−1 197 000	604 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	65 000	65 000	221 000
Total Current Assets	208 000	411 000	1 281 000	1 396 000
Total Assets	208 000	476 000	1 347 000	1 617 000
Total Retained Equity	−2 213 000	−978 000	219 000	−385 000
Total Equity	−1 119 000	116 000	1 313 000	709 000
Total Long-Term Debt	672 000	0	0	0
Total Current Debt	654 000	360 000	33 000	908 000
Total Equity and Debt	208 000	476 000	1 347 000	1 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	−6 000	5 469 000	1 068 000
Other Income	0	0	1 217 000	229 000
Revenue	9 000	−6 000	6 686 000	1 298 000
Cost of Goods Sold	307 000	0	1 402 000	243 000
Salary Costs	0	3 000	316 000	133 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 235 000	1 336 000	6 729 000	945 000
Operating Profit	−1 225 000	−1 342 000	−44 000	352 000
Financial Income	1 000	16 000	145 000	0
Financial Costs	10 000	4 000	243 000	14 000
Financial Balance	−9 000	12 000	−98 000	−14 000
Dividends	0	0	0	0
Net Income	−1 235 000	−1 197 000	604 000	494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	157 000
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	65 000	65 000	64 000
Total Fixed Assets	0	65 000	65 000	221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	224 000	373 000	170 000
Total Current Assets	208 000	411 000	1 281 000	1 396 000
Total Assets	208 000	476 000	1 347 000	1 617 000
Total Equity	−1 119 000	116 000	1 313 000	709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	672 000	0	0	0
Creditors	644 000	360 000	33 000	833 000
Unpaid Taxes	−5 000	0	0	32 000
Dividends	0	0	0	0
Other Current Debt	15 000	0	0	43 000
Total Current Debt	654 000	360 000	33 000	908 000
Total Equity and Debt	208 000	476 000	1 347 000	1 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,37 %	−1 031,9 %	46 %	69,68 %
Debt-to-Equity Ratio	−0,6	0	0	0
Operating Profit Margin	−13 611,11 %	22 366,67 %	−0,66 %	27,12 %
Current Ratio	0,32	1,14	38,82	1,54
Quick Ratio	0,32	1,14	38,82	1,54
Equity Ratio	−5,38	0,24	0,97	0,44
Gross Profit Margin	−3 311,11 %	100 %	79,03 %	81,28 %