WELD INTEGRITY AS

4340 BRYNE

Finances

Return on Equity

79,38 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 963 000	13 422 000	12 771 000	12 193 000
Net Income	1 987 000	1 653 000	1 797 000	2 912 000
Total Assets	7 322 000	6 514 000	7 784 000	8 837 000
Total Equity	2 503 000	2 416 000	3 463 000	2 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 963 000	13 422 000	12 771 000	12 193 000
Expenditure	13 365 000	11 146 000	10 343 000	8 414 000
Operating Profit	2 598 000	2 276 000	2 428 000	3 779 000
Financial Income	54 000	27 000	15 000	7 000
Financial Costs	45 000	73 000	59 000	51 000
Financial Balance	9 000	−46 000	−44 000	−44 000
Earnings Before Tax	2 607 000	2 230 000	2 383 000	3 735 000
Tax	620 000	577 000	586 000	823 000
Net Income	1 987 000	1 653 000	1 797 000	2 912 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 875 000	971 000	2 134 000	1 756 000
Total Current Assets	5 446 000	5 544 000	5 649 000	7 081 000
Total Assets	7 322 000	6 514 000	7 784 000	8 837 000
Total Retained Equity	5 000	−82 000	965 000	2 556 000
Total Equity	2 503 000	2 416 000	3 463 000	2 586 000
Total Long-Term Debt	570 000	281 000	354 000	475 000
Total Current Debt	4 249 000	3 818 000	3 966 000	5 777 000
Total Equity and Debt	7 322 000	6 514 000	7 784 000	8 837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 932 000	13 337 000	12 686 000	12 193 000
Other Income	31 000	86 000	85 000	0
Revenue	15 963 000	13 422 000	12 771 000	12 193 000
Cost of Goods Sold	675 000	1 599 000	1 193 000	206 000
Salary Costs	8 951 000	6 662 000	6 759 000	6 794 000
Depreciation	944 000	726 000	669 000	223 000
Impairment	0	0	0	0
Expenditure	13 365 000	11 146 000	10 343 000	8 414 000
Operating Profit	2 598 000	2 276 000	2 428 000	3 779 000
Financial Income	54 000	27 000	15 000	7 000
Financial Costs	45 000	73 000	59 000	51 000
Financial Balance	9 000	−46 000	−44 000	−44 000
Dividends	1 900 000	1 200 000	1 000 000	750 000
Net Income	1 987 000	1 653 000	1 797 000	2 912 000

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	13 000	76 000	130 000	0
Fixtures	1 802 000	866 000	1 345 000	1 756 000
Total Tangible Assets	1 815 000	942 000	1 475 000	1 756 000
Total Fiancial Fixed Assets	60 000	29 000	660 000	0
Total Fixed Assets	1 875 000	971 000	2 134 000	1 756 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 172 000	3 835 000	3 738 000	3 213 000
Total Current Assets	5 446 000	5 544 000	5 649 000	7 081 000
Total Assets	7 322 000	6 514 000	7 784 000	8 837 000
Total Equity	2 503 000	2 416 000	3 463 000	2 586 000
Short-Term Group Debt	0	0	852 000	0
Total Long-Term Debt	570 000	281 000	354 000	475 000
Creditors	282 000	76 000	0	916 000
Unpaid Taxes	1 730 000	868 000	583 000	1 803 000
Dividends	1 900 000	1 200 000	1 000 000	750 000
Other Current Debt	1 616 000	1 097 000	946 000	1 523 000
Total Current Debt	4 249 000	3 818 000	3 966 000	5 777 000
Total Equity and Debt	7 322 000	6 514 000	7 784 000	8 837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,38 %	68,42 %	51,89 %	112,61 %
Debt-to-Equity Ratio	0,23	0,12	0,1	0,18
Operating Profit Margin	16,28 %	16,96 %	19,01 %	30,99 %
Current Ratio	1,28	1,45	1,42	1,23
Quick Ratio	1,28	1,45	1,42	1,23
Equity Ratio	0,34	0,37	0,44	0,29
Gross Profit Margin	95,77 %	88,09 %	90,66 %	98,31 %