WELHAVENSGATE 1 AS

0778 OSLO

Finances

Share Ownership

Return on Equity

30,75 %

Current Ratio

2,94

Debt-to-Equity Ratio

12,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 821 000	1 720 000	1 632 000
Net Income	906 000	950 000	916 000	688 000
Total Assets	40 962 000	39 703 000	39 656 000	38 689 000
Total Equity	2 946 000	2 946 000	2 946 000	2 945 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 821 000	1 720 000	1 632 000
Expenditure	779 000	604 000	545 000	750 000
Operating Profit	1 156 000	1 217 000	1 174 000	882 000
Financial Income	6 000	1 000	1 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	6 000	1 000	1 000	1 000
Earnings Before Tax	1 161 000	1 217 000	1 175 000	883 000
Tax	256 000	268 000	258 000	194 000
Net Income	906 000	950 000	916 000	688 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 928 000	36 928 000	36 928 000	36 928 000
Total Current Assets	4 034 000	2 776 000	2 728 000	1 762 000
Total Assets	40 962 000	39 703 000	39 656 000	38 689 000
Total Retained Equity	2 825 000	2 825 000	2 825 000	2 824 000
Total Equity	2 946 000	2 946 000	2 946 000	2 945 000
Total Long-Term Debt	36 646 000	35 415 000	35 415 000	34 535 000
Total Current Debt	1 370 000	1 343 000	1 295 000	1 209 000
Total Equity and Debt	40 962 000	39 703 000	39 656 000	38 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 935 000	1 821 000	1 720 000	1 632 000
Revenue	1 935 000	1 821 000	1 720 000	1 632 000
Cost of Goods Sold	58 000	54 000	58 000	57 000
Salary Costs	10 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	779 000	604 000	545 000	750 000
Operating Profit	1 156 000	1 217 000	1 174 000	882 000
Financial Income	6 000	1 000	1 000	2 000
Financial Costs	0	0	0	1 000
Financial Balance	6 000	1 000	1 000	1 000
Dividends	0	0	0	880 000
Net Income	906 000	950 000	916 000	688 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 928 000	36 928 000	36 928 000	36 928 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	36 928 000	36 928 000	36 928 000	36 928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 928 000	36 928 000	36 928 000	36 928 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 878 000	2 583 000	2 639 000	1 517 000
Total Current Assets	4 034 000	2 776 000	2 728 000	1 762 000
Total Assets	40 962 000	39 703 000	39 656 000	38 689 000
Total Equity	2 946 000	2 946 000	2 946 000	2 945 000
Short-Term Group Debt	1 161 000	1 217 000	1 174 000	0
Total Long-Term Debt	36 646 000	35 415 000	35 415 000	34 535 000
Creditors	141 000	102 000	46 000	91 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	880 000
Other Current Debt	67 000	23 000	75 000	44 000
Total Current Debt	1 370 000	1 343 000	1 295 000	1 209 000
Total Equity and Debt	40 962 000	39 703 000	39 656 000	38 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,75 %	32,25 %	31,09 %	23,36 %
Debt-to-Equity Ratio	12,44	12,02	12,02	11,73
Operating Profit Margin	59,74 %	66,83 %	68,26 %	54,04 %
Current Ratio	2,94	2,07	2,11	1,46
Quick Ratio	2,94	2,07	2,11	1,46
Equity Ratio	0,07	0,07	0,07	0,08
Gross Profit Margin	97 %	97,03 %	96,63 %	96,51 %