WETTERHUS ENGINEERING AS

3610 KONGSBERG

Finances

Share Ownership

Return on Equity

−3,44 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 442 000	1 786 000	1 870 000	1 058 000
Net Income	9 000	−209 000	124 000	−197 000
Total Assets	433 000	535 000	711 000	338 000
Total Equity	−262 000	−271 000	−62 000	−186 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 442 000	1 786 000	1 870 000	1 058 000
Expenditure	1 391 000	1 989 000	1 722 000	1 252 000
Operating Profit	51 000	−204 000	148 000	−195 000
Financial Income	0	8 000	1 000	0
Financial Costs	34 000	13 000	25 000	3 000
Financial Balance	−34 000	−5 000	−24 000	−3 000
Earnings Before Tax	17 000	−209 000	124 000	−197 000
Tax	8 000	0	0	0
Net Income	9 000	−209 000	124 000	−197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	87 000	125 000	164 000
Total Current Assets	313 000	448 000	586 000	174 000
Total Assets	433 000	535 000	711 000	338 000
Total Retained Equity	−287 000	−296 000	−87 000	−211 000
Total Equity	−262 000	−271 000	−62 000	−186 000
Total Long-Term Debt	130 000	100 000	138 000	160 000
Total Current Debt	565 000	707 000	636 000	364 000
Total Equity and Debt	433 000	535 000	711 000	338 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 442 000	1 786 000	1 870 000	1 058 000
Other Income	0	0	0	0
Revenue	1 442 000	1 786 000	1 870 000	1 058 000
Cost of Goods Sold	150 000	93 000	84 000	50 000
Salary Costs	286 000	469 000	440 000	434 000
Depreciation	−32 000	38 000	39 000	27 000
Impairment	0	0	0	0
Expenditure	1 391 000	1 989 000	1 722 000	1 252 000
Operating Profit	51 000	−204 000	148 000	−195 000
Financial Income	0	8 000	1 000	0
Financial Costs	34 000	13 000	25 000	3 000
Financial Balance	−34 000	−5 000	−24 000	−3 000
Dividends	0	0	0	0
Net Income	9 000	−209 000	124 000	−197 000

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	0	0	0	0
Fixtures	119 000	87 000	125 000	164 000
Total Tangible Assets	119 000	87 000	125 000	164 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	119 000	87 000	125 000	164 000
Stock	203 000	187 000	189 000	81 000
Total Investments	0	0	0	0
Cash, Bank	26 000	26 000	34 000	25 000
Total Current Assets	313 000	448 000	586 000	174 000
Total Assets	433 000	535 000	711 000	338 000
Total Equity	−262 000	−271 000	−62 000	−186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	130 000	100 000	138 000	160 000
Creditors	596 000	389 000	381 000	172 000
Unpaid Taxes	−4 000	111 000	128 000	34 000
Dividends	0	0	0	0
Other Current Debt	9 000	207 000	127 000	157 000
Total Current Debt	565 000	707 000	636 000	364 000
Total Equity and Debt	433 000	535 000	711 000	338 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,44 %	77,12 %	−200 %	105,91 %
Debt-to-Equity Ratio	−0,5	−0,37	−2,23	−0,86
Operating Profit Margin	3,54 %	−11,42 %	7,91 %	−18,43 %
Current Ratio	0,55	0,63	0,92	0,48
Quick Ratio	0,86	0,86	1,31	0,61
Equity Ratio	−0,61	−0,51	−0,09	−0,55
Gross Profit Margin	89,6 %	94,79 %	95,51 %	95,27 %