WELLE ENTREPRENØR AS

2636 ØYER

Finances

Share Ownership

Return on Equity

93,35 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 917 000	4 438 000	4 718 000	6 720 000
Net Income	477 000	167 000	−119 000	−424 000
Total Assets	1 262 000	1 115 000	2 533 000	2 781 000
Total Equity	511 000	34 000	−133 000	−13 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 917 000	4 438 000	4 718 000	6 720 000
Expenditure	5 411 000	4 271 000	4 836 000	7 132 000
Operating Profit	506 000	167 000	−119 000	−412 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	−1 000	−1 000	−1 000	−3 000
Earnings Before Tax	505 000	167 000	−119 000	−414 000
Tax	28 000	0	0	10 000
Net Income	477 000	167 000	−119 000	−424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 262 000	1 115 000	2 533 000	2 781 000
Total Assets	1 262 000	1 115 000	2 533 000	2 781 000
Total Retained Equity	481 000	4 000	−163 000	−43 000
Total Equity	511 000	34 000	−133 000	−13 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	751 000	1 081 000	2 665 000	2 795 000
Total Equity and Debt	1 262 000	1 115 000	2 533 000	2 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 917 000	4 438 000	4 718 000	6 720 000
Other Income	0	0	0	0
Revenue	5 917 000	4 438 000	4 718 000	6 720 000
Cost of Goods Sold	4 586 000	3 307 000	2 636 000	3 809 000
Salary Costs	516 000	616 000	1 589 000	2 488 000
Depreciation	0	0	0	40 000
Impairment	0	0	0	0
Expenditure	5 411 000	4 271 000	4 836 000	7 132 000
Operating Profit	506 000	167 000	−119 000	−412 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	3 000
Financial Balance	−1 000	−1 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	477 000	167 000	−119 000	−424 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	402 000	274 000	78 000	732 000
Total Investments	0	0	0	0
Cash, Bank	766 000	191 000	79 000	127 000
Total Current Assets	1 262 000	1 115 000	2 533 000	2 781 000
Total Assets	1 262 000	1 115 000	2 533 000	2 781 000
Total Equity	511 000	34 000	−133 000	−13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	511 000	1 879 000	1 343 000
Unpaid Taxes	523 000	490 000	553 000	997 000
Dividends	0	0	0	0
Other Current Debt	69 000	81 000	234 000	385 000
Total Current Debt	751 000	1 081 000	2 665 000	2 795 000
Total Equity and Debt	1 262 000	1 115 000	2 533 000	2 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,35 %	491,18 %	89,47 %	3 261,54 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	8,55 %	3,76 %	−2,52 %	−6,13 %
Current Ratio	1,68	1,03	0,95	0,99
Quick Ratio	3,62	1,38	0,98	1,35
Equity Ratio	0,4	0,03	−0,05	−0
Gross Profit Margin	22,49 %	25,48 %	44,13 %	43,32 %