WEFALD ENTREPRENØR AS

3760 NESLANDSVATN

Finances

Share Ownership

Return on Equity

10,67 %

Current Ratio

0,59

Debt-to-Equity Ratio

2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 355 000	2 514 000	2 063 000	2 643 000
Net Income	32 000	62 000	119 000	−392 000
Total Assets	1 607 000	1 519 000	1 597 000	1 539 000
Total Equity	300 000	268 000	206 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 355 000	2 514 000	2 063 000	2 643 000
Expenditure	3 287 000	2 411 000	1 875 000	3 103 000
Operating Profit	67 000	103 000	187 000	−460 000
Financial Income	6 000	6 000	1 000	0
Financial Costs	32 000	30 000	37 000	43 000
Financial Balance	−26 000	−24 000	−36 000	−43 000
Earnings Before Tax	41 000	79 000	152 000	−502 000
Tax	9 000	17 000	33 000	−110 000
Net Income	32 000	62 000	119 000	−392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 289 000	946 000	1 019 000	1 079 000
Total Current Assets	318 000	573 000	578 000	460 000
Total Assets	1 607 000	1 519 000	1 597 000	1 539 000
Total Retained Equity	250 000	218 000	156 000	37 000
Total Equity	300 000	268 000	206 000	87 000
Total Long-Term Debt	763 000	593 000	715 000	831 000
Total Current Debt	543 000	658 000	677 000	621 000
Total Equity and Debt	1 607 000	1 519 000	1 597 000	1 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 355 000	2 487 000	2 063 000	2 594 000
Other Income	0	27 000	0	49 000
Revenue	3 355 000	2 514 000	2 063 000	2 643 000
Cost of Goods Sold	1 286 000	628 000	258 000	1 157 000
Salary Costs	1 304 000	1 282 000	1 045 000	1 369 000
Depreciation	225 000	215 000	193 000	149 000
Impairment	0	0	0	0
Expenditure	3 287 000	2 411 000	1 875 000	3 103 000
Operating Profit	67 000	103 000	187 000	−460 000
Financial Income	6 000	6 000	1 000	0
Financial Costs	32 000	30 000	37 000	43 000
Financial Balance	−26 000	−24 000	−36 000	−43 000
Dividends	0	0	0	0
Net Income	32 000	62 000	119 000	−392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	28 000	45 000	79 000
Real Eastate	183 000	0	0	0
Machinery and Plant Facilities	962 000	821 000	875 000	1 000 000
Fixtures	125 000	96 000	99 000	0
Total Tangible Assets	1 270 000	918 000	974 000	1 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 289 000	946 000	1 019 000	1 079 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	247 000	68 000	263 000	179 000
Total Current Assets	318 000	573 000	578 000	460 000
Total Assets	1 607 000	1 519 000	1 597 000	1 539 000
Total Equity	300 000	268 000	206 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	763 000	593 000	715 000	831 000
Creditors	63 000	84 000	214 000	268 000
Unpaid Taxes	103 000	162 000	176 000	180 000
Dividends	0	0	0	0
Other Current Debt	376 000	412 000	286 000	174 000
Total Current Debt	543 000	658 000	677 000	621 000
Total Equity and Debt	1 607 000	1 519 000	1 597 000	1 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,67 %	23,13 %	57,77 %	−450,57 %
Debt-to-Equity Ratio	2,54	2,21	3,47	9,55
Operating Profit Margin	2 %	4,1 %	9,06 %	−17,4 %
Current Ratio	0,59	0,87	0,85	0,74
Quick Ratio	0,59	0,87	0,85	0,74
Equity Ratio	0,19	0,18	0,13	0,06
Gross Profit Margin	61,67 %	75,02 %	87,49 %	56,22 %