WELDCO AS

1536 MOSS

Finances

Share Ownership

Return on Equity

80,72 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 107 000	33 000	2 043 000	0
Net Income	381 000	−388 000	1 087 000	0
Total Assets	1 014 000	402 000	1 314 000	24 000
Total Equity	472 000	141 000	1 111 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 107 000	33 000	2 043 000
Expenditure	694 000	422 000	956 000
Operating Profit	413 000	−388 000	1 087 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	413 000	−388 000	1 087 000
Tax	32 000	0	0
Net Income	381 000	−388 000	1 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	80 000	197 000	0
Total Current Assets	847 000	322 000	1 118 000	24 000
Total Assets	1 014 000	402 000	1 314 000	24 000
Total Retained Equity	442 000	111 000	1 087 000	0
Total Equity	472 000	141 000	1 111 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	542 000	261 000	203 000	0
Total Equity and Debt	1 014 000	402 000	1 314 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 107 000	33 000	2 036 000
Other Income	0	0	7 000
Revenue	1 107 000	33 000	2 043 000
Cost of Goods Sold	16 000	1 000	362 000
Salary Costs	397 000	110 000	314 000
Depreciation	39 000	41 000	27 000
Impairment	0	0	0
Expenditure	694 000	422 000	956 000
Operating Profit	413 000	−388 000	1 087 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	50 000	0	0
Net Income	381 000	−388 000	1 087 000

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	7 000	11 000	0	0
Fixtures	131 000	41 000	168 000	0
Total Tangible Assets	139 000	51 000	168 000	0
Total Fiancial Fixed Assets	29 000	29 000	29 000	0
Total Fixed Assets	167 000	80 000	197 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	648 000	299 000	795 000	24 000
Total Current Assets	847 000	322 000	1 118 000	24 000
Total Assets	1 014 000	402 000	1 314 000	24 000
Total Equity	472 000	141 000	1 111 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	0	17 000	0
Unpaid Taxes	34 000	−27 000	157 000	0
Dividends	50 000	0	0	0
Other Current Debt	40 000	−36 000	29 000	0
Total Current Debt	542 000	261 000	203 000	0
Total Equity and Debt	1 014 000	402 000	1 314 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,72 %	−275,18 %	97,84 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,31 %	−1 175,76 %	53,21 %	-
Current Ratio	1,56	1,23	5,51	-
Quick Ratio	1,56	1,23	5,51	-
Equity Ratio	0,47	0,35	0,85	1
Gross Profit Margin	98,55 %	96,97 %	82,28 %	-