WEMO AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

255,81 %

Current Ratio

0,14

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 000	244 000	760 000	133 000
Net Income	−110 000	−149 000	217 000	−32 000
Total Assets	385 000	444 000	753 000	145 000
Total Equity	−43 000	66 000	215 000	−2 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 000	244 000	760 000	133 000
Expenditure	293 000	409 000	490 000	165 000
Operating Profit	−110 000	−165 000	270 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−110 000	−165 000	270 000	−32 000
Tax	0	−16 000	52 000	0
Net Income	−110 000	−149 000	217 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	324 000	339 000	413 000	78 000
Total Current Assets	61 000	105 000	339 000	67 000
Total Assets	385 000	444 000	753 000	145 000
Total Retained Equity	−73 000	36 000	185 000	−32 000
Total Equity	−43 000	66 000	215 000	−2 000
Total Long-Term Debt	0	0	16 000	0
Total Current Debt	428 000	378 000	521 000	147 000
Total Equity and Debt	385 000	444 000	753 000	145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 000	244 000	760 000	133 000
Other Income	0	0	0	0
Revenue	184 000	244 000	760 000	133 000
Cost of Goods Sold	57 000	76 000	260 000	0
Salary Costs	9 000	0	3 000	0
Depreciation	76 000	49 000	33 000	3 000
Impairment	0	0	0	0
Expenditure	293 000	409 000	490 000	165 000
Operating Profit	−110 000	−165 000	270 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−110 000	−149 000	217 000	−32 000

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	92 000	28 000	34 000	0
Fixtures	232 000	307 000	350 000	24 000
Total Tangible Assets	324 000	335 000	384 000	24 000
Total Fiancial Fixed Assets	0	4 000	29 000	54 000
Total Fixed Assets	324 000	339 000	413 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	103 000	75 000	53 000
Total Current Assets	61 000	105 000	339 000	67 000
Total Assets	385 000	444 000	753 000	145 000
Total Equity	−43 000	66 000	215 000	−2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	16 000	0
Creditors	15 000	19 000	50 000	37 000
Unpaid Taxes	42 000	−11 000	47 000	−5 000
Dividends	0	0	0	0
Other Current Debt	370 000	370 000	389 000	115 000
Total Current Debt	428 000	378 000	521 000	147 000
Total Equity and Debt	385 000	444 000	753 000	145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	255,81 %	−225,76 %	100,93 %	1 600 %
Debt-to-Equity Ratio	−0	0	0,07	−0
Operating Profit Margin	−59,78 %	−67,62 %	35,53 %	−23,31 %
Current Ratio	0,14	0,28	0,65	0,46
Quick Ratio	0,14	0,28	0,65	0,46
Equity Ratio	−0,11	0,15	0,29	−0,01
Gross Profit Margin	69,02 %	68,85 %	65,79 %	100 %