WELLINGTON SOLUTIONS AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

17,97 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 996 000	1 772 000	2 136 000	4 185 000
Net Income	149 000	184 000	286 000	154 000
Total Assets	1 334 000	1 509 000	1 374 000	1 061 000
Total Equity	829 000	679 000	496 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 996 000	1 772 000	2 136 000	4 185 000
Expenditure	1 785 000	1 536 000	1 767 000	3 987 000
Operating Profit	211 000	235 000	368 000	197 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	1 000
Earnings Before Tax	211 000	235 000	366 000	198 000
Tax	62 000	52 000	81 000	44 000
Net Income	149 000	184 000	286 000	154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 334 000	1 509 000	1 374 000	1 061 000
Total Assets	1 334 000	1 509 000	1 374 000	1 061 000
Total Retained Equity	799 000	649 000	286 000	154 000
Total Equity	829 000	679 000	496 000	210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	505 000	829 000	878 000	851 000
Total Equity and Debt	1 334 000	1 509 000	1 374 000	1 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 996 000	1 772 000	2 136 000	4 185 000
Other Income	0	0	0	0
Revenue	1 996 000	1 772 000	2 136 000	4 185 000
Cost of Goods Sold	1 753 000	1 429 000	1 576 000	3 833 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 785 000	1 536 000	1 767 000	3 987 000
Operating Profit	211 000	235 000	368 000	197 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	1 000
Dividends	0	0	0	0
Net Income	149 000	184 000	286 000	154 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	514 000	644 000	133 000	321 000
Total Current Assets	1 334 000	1 509 000	1 374 000	1 061 000
Total Assets	1 334 000	1 509 000	1 374 000	1 061 000
Total Equity	829 000	679 000	496 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	242 000	662 000	682 000	254 000
Unpaid Taxes	203 000	116 000	103 000	291 000
Dividends	0	0	0	0
Other Current Debt	0	0	13 000	263 000
Total Current Debt	505 000	829 000	878 000	851 000
Total Equity and Debt	1 334 000	1 509 000	1 374 000	1 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,97 %	27,1 %	57,66 %	73,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,57 %	13,26 %	17,23 %	4,71 %
Current Ratio	2,64	1,82	1,56	1,25
Quick Ratio	2,64	1,82	1,56	1,25
Equity Ratio	0,62	0,45	0,36	0,2
Gross Profit Margin	12,17 %	19,36 %	26,22 %	8,41 %