WELLOKAY, AS

9009 TROMSØ

Finances

Share Ownership

Return on Equity

22,35 %

Current Ratio

Debt-to-Equity Ratio

−0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	285 000	0	0
Net Income	−38 000	−120 000	−1 000	−4 000
Total Assets	10 000	12 000	10 000	10 000
Total Equity	−170 000	−131 000	−12 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	285 000	0	0
Expenditure	38 000	405 000	1 000	4 000
Operating Profit	−38 000	−120 000	−1 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−38 000	−120 000	−1 000	−4 000
Tax	0	0	0	0
Net Income	−38 000	−120 000	−1 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	0	3 000	1 000	0
Total Assets	10 000	12 000	10 000	10 000
Total Retained Equity	−199 000	−161 000	−41 000	−39 000
Total Equity	−170 000	−131 000	−12 000	−10 000
Total Long-Term Debt	153 000	130 000	22 000	20 000
Total Current Debt	27 000	14 000	0	0
Total Equity and Debt	10 000	12 000	10 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	285 000	0	0
Other Income	0	0	0	0
Revenue	0	285 000	0	0
Cost of Goods Sold	0	71 000	0	0
Salary Costs	0	104 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 000	405 000	1 000	4 000
Operating Profit	−38 000	−120 000	−1 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−38 000	−120 000	−1 000	−4 000

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	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	3 000	1 000	0
Total Assets	10 000	12 000	10 000	10 000
Total Equity	−170 000	−131 000	−12 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 000	130 000	22 000	20 000
Creditors	16 000	−8 000	0	0
Unpaid Taxes	1 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	18 000	0	0
Total Current Debt	27 000	14 000	0	0
Total Equity and Debt	10 000	12 000	10 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,35 %	91,6 %	8,33 %	40 %
Debt-to-Equity Ratio	−0,9	−0,99	−1,83	−2
Operating Profit Margin	-	−42,11 %	-	-
Current Ratio	0	0,21	-	-
Quick Ratio	0	0,21	-	-
Equity Ratio	−17	−10,92	−1,2	−1
Gross Profit Margin	-	75,09 %	-	-