WELAND AS

2016 FROGNER

Finances

Return on Equity

13,5 %

Current Ratio

3,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 550 000	116 759 000	107 359 000	97 562 000
Net Income	8 992 000	8 815 000	8 236 000	6 531 000
Total Assets	92 344 000	79 502 000	68 654 000	58 169 000
Total Equity	66 615 000	57 624 000	48 809 000	40 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 550 000	116 759 000	107 359 000	97 562 000
Expenditure	113 690 000	106 709 000	96 878 000	89 343 000
Operating Profit	9 860 000	10 050 000	10 480 000	8 219 000
Financial Income	1 400 000	1 026 000	462 000	436 000
Financial Costs	15 000	0	297 000	198 000
Financial Balance	1 385 000	1 026 000	165 000	238 000
Earnings Before Tax	11 245 000	11 076 000	10 645 000	8 457 000
Tax	2 254 000	2 262 000	2 409 000	1 926 000
Net Income	8 992 000	8 815 000	8 236 000	6 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 400 000	14 244 000	14 921 000	10 637 000
Total Current Assets	78 944 000	65 258 000	53 734 000	47 532 000
Total Assets	92 344 000	79 502 000	68 654 000	58 169 000
Total Retained Equity	63 615 000	54 624 000	45 809 000	37 573 000
Total Equity	66 615 000	57 624 000	48 809 000	40 573 000
Total Long-Term Debt	250 000	858 000	1 004 000	250 000
Total Current Debt	25 478 000	21 021 000	18 841 000	17 346 000
Total Equity and Debt	92 344 000	79 502 000	68 654 000	58 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 137 000	113 051 000	103 817 000	94 234 000
Other Income	3 413 000	3 708 000	3 542 000	3 327 000
Revenue	123 550 000	116 759 000	107 359 000	97 562 000
Cost of Goods Sold	80 483 000	76 591 000	70 973 000	64 721 000
Salary Costs	17 172 000	15 063 000	12 751 000	11 458 000
Depreciation	1 270 000	1 178 000	848 000	675 000
Impairment	0	0	0	0
Expenditure	113 690 000	106 709 000	96 878 000	89 343 000
Operating Profit	9 860 000	10 050 000	10 480 000	8 219 000
Financial Income	1 400 000	1 026 000	462 000	436 000
Financial Costs	15 000	0	297 000	198 000
Financial Balance	1 385 000	1 026 000	165 000	238 000
Dividends	0	0	0	0
Net Income	8 992 000	8 815 000	8 236 000	6 531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 506 000	1 788 000	2 018 000	497 000
Real Eastate	10 914 000	11 563 000	12 210 000	9 316 000
Machinery and Plant Facilities	536 000	816 000	584 000	778 000
Fixtures	444 000	77 000	108 000	46 000
Total Tangible Assets	11 894 000	12 457 000	12 903 000	10 140 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 400 000	14 244 000	14 921 000	10 637 000
Stock	2 536 000	2 217 000	1 835 000	1 931 000
Total Investments	3 929 000	2 900 000	2 105 000	2 398 000
Cash, Bank	50 662 000	43 979 000	31 056 000	25 509 000
Total Current Assets	78 944 000	65 258 000	53 734 000	47 532 000
Total Assets	92 344 000	79 502 000	68 654 000	58 169 000
Total Equity	66 615 000	57 624 000	48 809 000	40 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	858 000	1 004 000	250 000
Creditors	12 101 000	8 319 000	7 742 000	8 714 000
Unpaid Taxes	7 499 000	6 609 000	5 841 000	4 276 000
Dividends	0	0	0	0
Other Current Debt	3 843 000	3 221 000	3 394 000	2 090 000
Total Current Debt	25 478 000	21 021 000	18 841 000	17 346 000
Total Equity and Debt	92 344 000	79 502 000	68 654 000	58 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,5 %	15,3 %	16,87 %	16,1 %
Debt-to-Equity Ratio	0	0,01	0,02	0,01
Operating Profit Margin	7,98 %	8,61 %	9,76 %	8,42 %
Current Ratio	3,1	3,1	2,85	2,74
Quick Ratio	3,44	3,47	3,16	3,08
Equity Ratio	0,72	0,72	0,71	0,7
Gross Profit Margin	34,86 %	34,4 %	33,89 %	33,66 %