WERGELANDSKVARTALET AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

−29,66 %

Current Ratio

2,9

Debt-to-Equity Ratio

7,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 349 000	1 327 000	1 680 000	2 529 000
Net Income	−2 342 000	−1 499 000	−1 100 000	−408 000
Total Assets	66 761 000	66 021 000	56 349 000	53 691 000
Total Equity	7 897 000	10 240 000	11 739 000	12 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 349 000	1 327 000	1 680 000	2 529 000
Expenditure	2 437 000	1 946 000	1 889 000	1 946 000
Operating Profit	−1 088 000	−619 000	−210 000	583 000
Financial Income	0	0	33 000	11 000
Financial Costs	1 916 000	1 303 000	1 233 000	1 118 000
Financial Balance	−1 916 000	−1 303 000	−1 200 000	−1 107 000
Earnings Before Tax	−3 003 000	−1 922 000	−1 410 000	−523 000
Tax	−661 000	−423 000	−310 000	−115 000
Net Income	−2 342 000	−1 499 000	−1 100 000	−408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 530 000	62 495 000	55 877 000	49 448 000
Total Current Assets	1 230 000	3 526 000	472 000	4 243 000
Total Assets	66 761 000	66 021 000	56 349 000	53 691 000
Total Retained Equity	7 187 000	9 530 000	11 029 000	12 129 000
Total Equity	7 897 000	10 240 000	11 739 000	12 839 000
Total Long-Term Debt	58 439 000	52 095 000	44 294 000	40 499 000
Total Current Debt	424 000	3 687 000	316 000	353 000
Total Equity and Debt	66 761 000	66 021 000	56 349 000	53 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 349 000	1 327 000	1 680 000	2 529 000
Revenue	1 349 000	1 327 000	1 680 000	2 529 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	631 000	631 000	629 000	486 000
Impairment	0	0	0	0
Expenditure	2 437 000	1 946 000	1 889 000	1 946 000
Operating Profit	−1 088 000	−619 000	−210 000	583 000
Financial Income	0	0	33 000	11 000
Financial Costs	1 916 000	1 303 000	1 233 000	1 118 000
Financial Balance	−1 916 000	−1 303 000	−1 200 000	−1 107 000
Dividends	0	0	0	0
Net Income	−2 342 000	−1 499 000	−1 100 000	−408 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	49 195 000	49 820 000	50 446 000	45 945 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	14 000	19 000	0
Total Tangible Assets	49 203 000	49 834 000	50 465 000	45 945 000
Total Fiancial Fixed Assets	16 327 000	12 661 000	5 412 000	3 503 000
Total Fixed Assets	65 530 000	62 495 000	55 877 000	49 448 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 025 000	3 513 000	302 000	4 139 000
Total Current Assets	1 230 000	3 526 000	472 000	4 243 000
Total Assets	66 761 000	66 021 000	56 349 000	53 691 000
Total Equity	7 897 000	10 240 000	11 739 000	12 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	58 439 000	52 095 000	44 294 000	40 499 000
Creditors	141 000	3 043 000	32 000	71 000
Unpaid Taxes	0	1 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	283 000	643 000	283 000	282 000
Total Current Debt	424 000	3 687 000	316 000	353 000
Total Equity and Debt	66 761 000	66 021 000	56 349 000	53 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,66 %	−14,64 %	−9,37 %	−3,18 %
Debt-to-Equity Ratio	7,4	5,09	3,77	3,15
Operating Profit Margin	−80,65 %	−46,65 %	−12,5 %	23,05 %
Current Ratio	2,9	0,96	1,49	12,02
Quick Ratio	2,9	0,96	1,49	12,02
Equity Ratio	0,12	0,16	0,21	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %