WECOVERCARE AS

0349 OSLO

Finances

Return on Equity

428,43 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	393 000	240 000	180 000	385 000
Net Income	−28 529 000	−176 000	−74 000	954 000
Total Assets	716 000	22 514 000	12 777 000	9 435 000
Total Equity	−6 659 000	16 369 000	8 254 000	6 494 000

Income (NOK)	2022	2021	2020	2019
Revenue	393 000	240 000	180 000	385 000
Expenditure	1 070 000	1 904 000	712 000	461 000
Operating Profit	−677 000	−1 665 000	−532 000	−76 000
Financial Income	1 466 000	1 705 000	565 000	1 056 000
Financial Costs	29 259 000	216 000	127 000	26 000
Financial Balance	−27 793 000	1 489 000	438 000	1 030 000
Earnings Before Tax	−28 469 000	−176 000	−95 000	954 000
Tax	60 000	0	−21 000	0
Net Income	−28 529 000	−176 000	−74 000	954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 000	7 480 000	4 230 000	4 230 000
Total Current Assets	505 000	15 033 000	8 547 000	5 204 000
Total Assets	716 000	22 514 000	12 777 000	9 435 000
Total Retained Equity	−27 825 000	705 000	880 000	954 000
Total Equity	−6 659 000	16 369 000	8 254 000	6 494 000
Total Long-Term Debt	2 400 000	3 302 000	0	21 000
Total Current Debt	4 975 000	2 843 000	4 523 000	2 920 000
Total Equity and Debt	716 000	22 514 000	12 777 000	9 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	393 000	240 000	180 000	385 000
Other Income	0	0	0	0
Revenue	393 000	240 000	180 000	385 000
Cost of Goods Sold	121 000	0	0	0
Salary Costs	166 000	180 000	167 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 070 000	1 904 000	712 000	461 000
Operating Profit	−677 000	−1 665 000	−532 000	−76 000
Financial Income	1 466 000	1 705 000	565 000	1 056 000
Financial Costs	29 259 000	216 000	127 000	26 000
Financial Balance	−27 793 000	1 489 000	438 000	1 030 000
Dividends	0	0	0	0
Net Income	−28 529 000	−176 000	−74 000	954 000

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	211 000	7 480 000	4 230 000	4 230 000
Total Fixed Assets	211 000	7 480 000	4 230 000	4 230 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	3 948 000	203 000	4 031 000
Total Current Assets	505 000	15 033 000	8 547 000	5 204 000
Total Assets	716 000	22 514 000	12 777 000	9 435 000
Total Equity	−6 659 000	16 369 000	8 254 000	6 494 000
Short-Term Group Debt	2 973 000	2 119 000	4 468 000	2 676 000
Total Long-Term Debt	2 400 000	3 302 000	0	21 000
Creditors	145 000	228 000	18 000	224 000
Unpaid Taxes	8 000	10 000	6 000	6 000
Dividends	0	0	0	0
Other Current Debt	1 789 000	486 000	31 000	14 000
Total Current Debt	4 975 000	2 843 000	4 523 000	2 920 000
Total Equity and Debt	716 000	22 514 000	12 777 000	9 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	428,43 %	−1,08 %	−0,9 %	14,69 %
Debt-to-Equity Ratio	−0,36	0,2	0	0
Operating Profit Margin	−172,26 %	−693,75 %	−295,56 %	−19,74 %
Current Ratio	0,1	5,29	1,89	1,78
Quick Ratio	0,1	5,29	1,89	1,78
Equity Ratio	−9,3	0,73	0,65	0,69
Gross Profit Margin	69,21 %	100 %	100 %	100 %