WEDEL IT AS

0457 OSLO

Finances

Share Ownership

Return on Equity

296,56 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 919 000	18 159 000	15 252 000	15 465 000
Net Income	3 449 000	2 351 000	1 658 000	1 770 000
Total Assets	9 022 000	6 963 000	9 611 000	9 271 000
Total Equity	1 163 000	2 414 000	3 463 000	1 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 919 000	18 159 000	15 252 000	15 465 000
Expenditure	18 475 000	15 141 000	13 131 000	13 212 000
Operating Profit	4 443 000	3 019 000	2 120 000	2 252 000
Financial Income	10 000	7 000	25 000	32 000
Financial Costs	25 000	11 000	13 000	13 000
Financial Balance	−15 000	−4 000	12 000	19 000
Earnings Before Tax	4 428 000	3 015 000	2 131 000	2 271 000
Tax	979 000	665 000	474 000	501 000
Net Income	3 449 000	2 351 000	1 658 000	1 770 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	346 000	532 000	834 000
Total Current Assets	8 852 000	6 617 000	9 080 000	8 437 000
Total Assets	9 022 000	6 963 000	9 611 000	9 271 000
Total Retained Equity	1 133 000	2 384 000	3 433 000	1 770 000
Total Equity	1 163 000	2 414 000	3 463 000	1 800 000
Total Long-Term Debt	425 000	529 000	651 000	4 738 000
Total Current Debt	7 434 000	4 021 000	5 497 000	2 732 000
Total Equity and Debt	9 022 000	6 963 000	9 611 000	9 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 919 000	18 159 000	15 240 000	15 465 000
Other Income	0	0	11 000	0
Revenue	22 919 000	18 159 000	15 252 000	15 465 000
Cost of Goods Sold	6 630 000	5 848 000	826 000	2 109 000
Salary Costs	10 599 000	8 507 000	7 013 000	6 771 000
Depreciation	204 000	221 000	221 000	207 000
Impairment	0	0	0	0
Expenditure	18 475 000	15 141 000	13 131 000	13 212 000
Operating Profit	4 443 000	3 019 000	2 120 000	2 252 000
Financial Income	10 000	7 000	25 000	32 000
Financial Costs	25 000	11 000	13 000	13 000
Financial Balance	−15 000	−4 000	12 000	19 000
Dividends	4 700 000	3 400 000	0	0
Net Income	3 449 000	2 351 000	1 658 000	1 770 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	12 000	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	107 000	311 000	532 000	752 000
Total Tangible Assets	107 000	311 000	532 000	752 000
Total Fiancial Fixed Assets	23 000	23 000	0	72 000
Total Fixed Assets	170 000	346 000	532 000	834 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 653 000	4 336 000	7 386 000	6 920 000
Total Current Assets	8 852 000	6 617 000	9 080 000	8 437 000
Total Assets	9 022 000	6 963 000	9 611 000	9 271 000
Total Equity	1 163 000	2 414 000	3 463 000	1 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	425 000	529 000	651 000	4 738 000
Creditors	478 000	714 000	1 364 000	272 000
Unpaid Taxes	2 098 000	1 525 000	1 688 000	888 000
Dividends	4 700 000	3 400 000	0	0
Other Current Debt	1 351 000	1 091 000	1 995 000	1 062 000
Total Current Debt	7 434 000	4 021 000	5 497 000	2 732 000
Total Equity and Debt	9 022 000	6 963 000	9 611 000	9 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	296,56 %	97,39 %	47,88 %	98,33 %
Debt-to-Equity Ratio	0,37	0,22	0,19	2,63
Operating Profit Margin	19,39 %	16,63 %	13,9 %	14,56 %
Current Ratio	1,19	1,65	1,65	3,09
Quick Ratio	1,19	1,65	1,65	3,09
Equity Ratio	0,13	0,35	0,36	0,19
Gross Profit Margin	71,07 %	67,8 %	94,58 %	86,36 %