WELL CLEANUP AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−25,96 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	15 002 000	11 721 000	6 481 000
Net Income	−1 217 000	2 377 000	3 503 000
Total Assets	16 233 000	11 387 000	9 182 000
Total Equity	4 688 000	5 904 000	3 527 000

Income (NOK)	2022	2021	2020
Revenue	15 002 000	11 721 000	6 481 000
Expenditure	16 625 000	8 519 000	1 991 000
Operating Profit	−1 623 000	3 203 000	4 489 000
Financial Income	72 000	79 000	0
Financial Costs	7 000	206 000	0
Financial Balance	65 000	−127 000	0
Earnings Before Tax	−1 558 000	3 076 000	4 489 000
Tax	−341 000	699 000	986 000
Net Income	−1 217 000	2 377 000	3 503 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 243 000	6 497 000	7 140 000
Total Current Assets	3 990 000	4 890 000	2 042 000
Total Assets	16 233 000	11 387 000	9 182 000
Total Retained Equity	4 663 000	5 880 000	3 503 000
Total Equity	4 688 000	5 904 000	3 527 000
Total Long-Term Debt	0	1 942 000	3 883 000
Total Current Debt	11 546 000	3 541 000	1 772 000
Total Equity and Debt	16 233 000	11 387 000	9 182 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 002 000	11 721 000	6 481 000
Other Income	0	0	0
Revenue	15 002 000	11 721 000	6 481 000
Cost of Goods Sold	8 770 000	3 637 000	1 356 000
Salary Costs	2 330 000	948 000	0
Depreciation	1 220 000	1 141 000	549 000
Impairment	0	0	0
Expenditure	16 625 000	8 519 000	1 991 000
Operating Profit	−1 623 000	3 203 000	4 489 000
Financial Income	72 000	79 000	0
Financial Costs	7 000	206 000	0
Financial Balance	65 000	−127 000	0
Dividends	0	0	0
Net Income	−1 217 000	2 377 000	3 503 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	179 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 804 000	6 497 000	7 140 000
Total Tangible Assets	10 804 000	6 497 000	7 140 000
Total Fiancial Fixed Assets	1 261 000	0	0
Total Fixed Assets	12 243 000	6 497 000	7 140 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	665 000	830 000	110 000
Total Current Assets	3 990 000	4 890 000	2 042 000
Total Assets	16 233 000	11 387 000	9 182 000
Total Equity	4 688 000	5 904 000	3 527 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 942 000	3 883 000
Creditors	11 173 000	2 612 000	626 000
Unpaid Taxes	145 000	70 000	0
Dividends	0	0	0
Other Current Debt	227 000	106 000	378 000
Total Current Debt	11 546 000	3 541 000	1 772 000
Total Equity and Debt	16 233 000	11 387 000	9 182 000

Financial indicators	2022	2021	2020
Return on Equity	−25,96 %	40,26 %	99,32 %
Debt-to-Equity Ratio	0	0,33	1,1
Operating Profit Margin	−10,82 %	27,33 %	69,26 %
Current Ratio	0,35	1,38	1,15
Quick Ratio	0,35	1,38	1,15
Equity Ratio	0,29	0,52	0,38
Gross Profit Margin	41,54 %	68,97 %	79,08 %