WELDTEAM AS

6280 SØVIK

Finances

Share Ownership

Return on Equity

2,14 %

Current Ratio

6,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 756 000	13 808 000	14 530 000	17 307 000
Net Income	241 000	119 000	−382 000	881 000
Total Assets	13 207 000	13 458 000	7 581 000	9 892 000
Total Equity	11 260 000	11 018 000	5 900 000	6 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 756 000	13 808 000	14 530 000	17 307 000
Expenditure	12 552 000	13 643 000	14 797 000	16 033 000
Operating Profit	204 000	134 000	−417 000	1 074 000
Financial Income	156 000	67 000	13 000	107 000
Financial Costs	51 000	49 000	86 000	52 000
Financial Balance	105 000	18 000	−73 000	55 000
Earnings Before Tax	309 000	152 000	−490 000	1 129 000
Tax	68 000	33 000	−108 000	248 000
Net Income	241 000	119 000	−382 000	881 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	484 000	624 000	820 000	980 000
Total Current Assets	12 722 000	12 834 000	6 762 000	8 912 000
Total Assets	13 207 000	13 458 000	7 581 000	9 892 000
Total Retained Equity	5 510 000	5 268 000	5 150 000	5 532 000
Total Equity	11 260 000	11 018 000	5 900 000	6 282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 947 000	2 440 000	1 682 000	3 610 000
Total Equity and Debt	13 207 000	13 458 000	7 581 000	9 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 633 000	13 697 000	14 356 000	17 104 000
Other Income	124 000	111 000	175 000	203 000
Revenue	12 756 000	13 808 000	14 530 000	17 307 000
Cost of Goods Sold	4 560 000	4 993 000	5 063 000	5 957 000
Salary Costs	4 283 000	4 837 000	4 878 000	4 956 000
Depreciation	191 000	193 000	196 000	205 000
Impairment	0	0	0	0
Expenditure	12 552 000	13 643 000	14 797 000	16 033 000
Operating Profit	204 000	134 000	−417 000	1 074 000
Financial Income	156 000	67 000	13 000	107 000
Financial Costs	51 000	49 000	86 000	52 000
Financial Balance	105 000	18 000	−73 000	55 000
Dividends	0	0	0	0
Net Income	241 000	119 000	−382 000	881 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	85 000	88 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	353 000	521 000	690 000	862 000
Fixtures	29 000	17 000	42 000	67 000
Total Tangible Assets	382 000	539 000	732 000	928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	484 000	624 000	820 000	980 000
Stock	4 726 000	5 094 000	4 667 000	4 589 000
Total Investments	0	0	0	0
Cash, Bank	6 323 000	6 520 000	319 000	280 000
Total Current Assets	12 722 000	12 834 000	6 762 000	8 912 000
Total Assets	13 207 000	13 458 000	7 581 000	9 892 000
Total Equity	11 260 000	11 018 000	5 900 000	6 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	562 000	1 301 000	495 000	489 000
Unpaid Taxes	693 000	439 000	524 000	454 000
Dividends	0	0	0	0
Other Current Debt	606 000	669 000	662 000	2 666 000
Total Current Debt	1 947 000	2 440 000	1 682 000	3 610 000
Total Equity and Debt	13 207 000	13 458 000	7 581 000	9 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,14 %	1,08 %	−6,47 %	14,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,6 %	0,97 %	−2,87 %	6,21 %
Current Ratio	6,53	5,26	4,02	2,47
Quick Ratio	−4,58	−4,84	−2,27	−9,1
Equity Ratio	0,85	0,82	0,78	0,64
Gross Profit Margin	64,25 %	63,84 %	65,15 %	65,58 %