WELANDER INVEST AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

300 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 317 000	1 977 000	1 683 000	1 410 000
Net Income	18 000	21 000	190 000	−16 000
Total Assets	409 000	464 000	351 000	241 000
Total Equity	6 000	−12 000	−33 000	−153 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 317 000	1 977 000	1 683 000	1 410 000
Expenditure	2 261 000	1 946 000	1 459 000	1 420 000
Operating Profit	55 000	32 000	224 000	−10 000
Financial Income	0	0	0	0
Financial Costs	27 000	2 000	4 000	5 000
Financial Balance	−27 000	−2 000	−4 000	−5 000
Earnings Before Tax	29 000	30 000	220 000	−16 000
Tax	10 000	9 000	30 000	0
Net Income	18 000	21 000	190 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 000	105 000	141 000	139 000
Total Current Assets	339 000	358 000	210 000	103 000
Total Assets	409 000	464 000	351 000	241 000
Total Retained Equity	−24 000	−42 000	−63 000	−183 000
Total Equity	6 000	−12 000	−33 000	−153 000
Total Long-Term Debt	6 000	8 000	10 000	6 000
Total Current Debt	397 000	468 000	374 000	388 000
Total Equity and Debt	409 000	464 000	351 000	241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 316 000	1 977 000	1 683 000	1 410 000
Other Income	1 000	0	0	0
Revenue	2 317 000	1 977 000	1 683 000	1 410 000
Cost of Goods Sold	373 000	256 000	223 000	258 000
Salary Costs	1 334 000	1 184 000	798 000	777 000
Depreciation	35 000	35 000	31 000	24 000
Impairment	0	0	0	0
Expenditure	2 261 000	1 946 000	1 459 000	1 420 000
Operating Profit	55 000	32 000	224 000	−10 000
Financial Income	0	0	0	0
Financial Costs	27 000	2 000	4 000	5 000
Financial Balance	−27 000	−2 000	−4 000	−5 000
Dividends	0	0	70 000	0
Net Income	18 000	21 000	190 000	−16 000

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	70 000	105 000	141 000	139 000
Total Tangible Assets	70 000	105 000	141 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	70 000	105 000	141 000	139 000
Stock	206 000	213 000	121 000	25 000
Total Investments	0	0	0	0
Cash, Bank	102 000	107 000	56 000	49 000
Total Current Assets	339 000	358 000	210 000	103 000
Total Assets	409 000	464 000	351 000	241 000
Total Equity	6 000	−12 000	−33 000	−153 000
Short-Term Group Debt	0	0	0	113 000
Total Long-Term Debt	6 000	8 000	10 000	6 000
Creditors	76 000	83 000	77 000	185 000
Unpaid Taxes	198 000	261 000	196 000	90 000
Dividends	0	0	70 000	0
Other Current Debt	110 000	113 000	75 000	0
Total Current Debt	397 000	468 000	374 000	388 000
Total Equity and Debt	409 000	464 000	351 000	241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	300 %	−175 %	−575,76 %	10,46 %
Debt-to-Equity Ratio	1	−0,67	−0,3	−0,04
Operating Profit Margin	2,37 %	1,62 %	13,31 %	−0,71 %
Current Ratio	0,85	0,76	0,56	0,27
Quick Ratio	1,77	1,4	0,83	0,28
Equity Ratio	0,01	−0,03	−0,09	−0,63
Gross Profit Margin	83,9 %	87,05 %	86,75 %	81,7 %