WERGELANDSHAUGEN AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

−119,04 %

Current Ratio

1,21

Debt-to-Equity Ratio

8,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	98 000	44 000	0
Net Income	−6 239 000	−4 442 000	−2 229 000	−2 775 000
Total Assets	51 988 000	53 554 000	30 149 000	15 027 000
Total Equity	5 241 000	11 480 000	15 180 000	−3 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	98 000	44 000	0
Expenditure	6 273 000	4 749 000	2 487 000	2 725 000
Operating Profit	−6 225 000	−4 651 000	−2 442 000	−2 725 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	0	0	53 000
Financial Balance	−14 000	0	0	−51 000
Earnings Before Tax	−6 239 000	−4 651 000	−2 442 000	−2 775 000
Tax	0	−209 000	−213 000	0
Net Income	−6 239 000	−4 442 000	−2 229 000	−2 775 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 693 000	50 868 000	28 904 000	14 867 000
Total Current Assets	295 000	2 686 000	1 245 000	161 000
Total Assets	51 988 000	53 554 000	30 149 000	15 027 000
Total Retained Equity	−14 789 000	−8 550 000	−4 850 000	−3 375 000
Total Equity	5 241 000	11 480 000	15 180 000	−3 354 000
Total Long-Term Debt	46 504 000	40 255 000	12 770 000	15 816 000
Total Current Debt	244 000	1 818 000	2 199 000	2 565 000
Total Equity and Debt	51 988 000	53 554 000	30 149 000	15 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	48 000	98 000	44 000	0
Revenue	48 000	98 000	44 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	707 000	725 000	752 000	861 000
Depreciation	3 753 000	1 363 000	319 000	46 000
Impairment	0	0	0	0
Expenditure	6 273 000	4 749 000	2 487 000	2 725 000
Operating Profit	−6 225 000	−4 651 000	−2 442 000	−2 725 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	0	0	53 000
Financial Balance	−14 000	0	0	−51 000
Dividends	0	0	0	0
Net Income	−6 239 000	−4 442 000	−2 229 000	−2 775 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 432 000	50 042 000	28 496 000	14 709 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 261 000	826 000	407 000	111 000
Total Tangible Assets	51 693 000	50 868 000	28 904 000	14 820 000
Total Fiancial Fixed Assets	0	0	0	47 000
Total Fixed Assets	51 693 000	50 868 000	28 904 000	14 867 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	1 624 000	193 000	126 000
Total Current Assets	295 000	2 686 000	1 245 000	161 000
Total Assets	51 988 000	53 554 000	30 149 000	15 027 000
Total Equity	5 241 000	11 480 000	15 180 000	−3 354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	46 504 000	40 255 000	12 770 000	15 816 000
Creditors	93 000	1 393 000	1 768 000	2 188 000
Unpaid Taxes	45 000	50 000	47 000	104 000
Dividends	0	0	0	0
Other Current Debt	98 000	375 000	383 000	273 000
Total Current Debt	244 000	1 818 000	2 199 000	2 565 000
Total Equity and Debt	51 988 000	53 554 000	30 149 000	15 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−119,04 %	−38,69 %	−14,68 %	82,74 %
Debt-to-Equity Ratio	8,87	3,51	0,84	−4,72
Operating Profit Margin	−12 968,75 %	−4 745,92 %	−5 550 %	-
Current Ratio	1,21	1,48	0,57	0,06
Quick Ratio	1,21	1,48	0,57	0,06
Equity Ratio	0,1	0,21	0,5	−0,22
Gross Profit Margin	100 %	100 %	100 %	-