WELLE GRAVFERDSTJENESTER AS

6230 SYKKYLVEN

Finances

Share Ownership

Return on Equity

−61,22 %

Current Ratio

0,85

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 965 000	2 431 000	1 744 000	2 206 000
Net Income	−90 000	233 000	−79 000	−80 000
Total Assets	827 000	918 000	890 000	950 000
Total Equity	147 000	238 000	5 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 965 000	2 431 000	1 744 000	2 206 000
Expenditure	2 059 000	2 103 000	1 815 000	2 272 000
Operating Profit	−93 000	328 000	−69 000	−65 000
Financial Income	3 000	0	4 000	2 000
Financial Costs	26 000	29 000	35 000	39 000
Financial Balance	−23 000	−29 000	−31 000	−37 000
Earnings Before Tax	−116 000	299 000	−101 000	−102 000
Tax	−25 000	66 000	−22 000	−22 000
Net Income	−90 000	233 000	−79 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	396 000	516 000	643 000	769 000
Total Current Assets	430 000	401 000	247 000	181 000
Total Assets	827 000	918 000	890 000	950 000
Total Retained Equity	123 000	213 000	−20 000	59 000
Total Equity	147 000	238 000	5 000	83 000
Total Long-Term Debt	171 000	344 000	483 000	590 000
Total Current Debt	508 000	336 000	402 000	277 000
Total Equity and Debt	827 000	918 000	890 000	950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 965 000	2 431 000	1 744 000	2 206 000
Other Income	0	0	0	0
Revenue	1 965 000	2 431 000	1 744 000	2 206 000
Cost of Goods Sold	525 000	624 000	486 000	775 000
Salary Costs	912 000	812 000	706 000	797 000
Depreciation	138 000	136 000	135 000	135 000
Impairment	0	0	0	0
Expenditure	2 059 000	2 103 000	1 815 000	2 272 000
Operating Profit	−93 000	328 000	−69 000	−65 000
Financial Income	3 000	0	4 000	2 000
Financial Costs	26 000	29 000	35 000	39 000
Financial Balance	−23 000	−29 000	−31 000	−37 000
Dividends	0	0	0	0
Net Income	−90 000	233 000	−79 000	−80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	0	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	136 000	274 000	392 000	526 000
Total Tangible Assets	136 000	274 000	392 000	526 000
Total Fiancial Fixed Assets	243 000	243 000	243 000	243 000
Total Fixed Assets	396 000	516 000	643 000	769 000
Stock	25 000	25 000	14 000	3 000
Total Investments	0	0	0	0
Cash, Bank	37 000	127 000	15 000	29 000
Total Current Assets	430 000	401 000	247 000	181 000
Total Assets	827 000	918 000	890 000	950 000
Total Equity	147 000	238 000	5 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 000	344 000	483 000	590 000
Creditors	200 000	103 000	187 000	60 000
Unpaid Taxes	155 000	143 000	115 000	112 000
Dividends	0	0	0	0
Other Current Debt	153 000	40 000	100 000	106 000
Total Current Debt	508 000	336 000	402 000	277 000
Total Equity and Debt	827 000	918 000	890 000	950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,22 %	97,9 %	−1 580 %	−96,39 %
Debt-to-Equity Ratio	1,16	1,45	96,6	7,11
Operating Profit Margin	−4,73 %	13,49 %	−3,96 %	−2,95 %
Current Ratio	0,85	1,19	0,61	0,65
Quick Ratio	0,89	1,29	0,64	0,66
Equity Ratio	0,18	0,26	0,01	0,09
Gross Profit Margin	73,28 %	74,33 %	72,13 %	64,87 %