WETHAL ØKONOMI AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

−3 450 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	492 000	647 000	786 000
Net Income	−69 000	−10 000	109 000
Total Assets	117 000	142 000	263 000
Total Equity	2 000	71 000	82 000

Income (NOK)	2022	2021	2020
Revenue	492 000	647 000	786 000
Expenditure	561 000	657 000	649 000
Operating Profit	−70 000	−11 000	137 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−69 000	−11 000	137 000
Tax	0	0	29 000
Net Income	−69 000	−10 000	109 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 000	10 000	30 000
Total Current Assets	107 000	132 000	233 000
Total Assets	117 000	142 000	263 000
Total Retained Equity	−21 000	49 000	59 000
Total Equity	2 000	71 000	82 000
Total Long-Term Debt	0	0	0
Total Current Debt	115 000	70 000	181 000
Total Equity and Debt	117 000	142 000	263 000

Cash flow (NOK)	2022	2021	2020
Sales Income	492 000	647 000	786 000
Other Income	0	0	0
Revenue	492 000	647 000	786 000
Cost of Goods Sold	0	10 000	0
Salary Costs	393 000	460 000	459 000
Depreciation	0	3 000	3 000
Impairment	0	0	0
Expenditure	561 000	657 000	649 000
Operating Profit	−70 000	−11 000	137 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	50 000
Net Income	−69 000	−10 000	109 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	10 000	10 000	13 000
Total Tangible Assets	10 000	10 000	13 000
Total Fiancial Fixed Assets	0	0	17 000
Total Fixed Assets	10 000	10 000	30 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	34 000	31 000	165 000
Total Current Assets	107 000	132 000	233 000
Total Assets	117 000	142 000	263 000
Total Equity	2 000	71 000	82 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	28 000	1 000	6 000
Unpaid Taxes	25 000	28 000	59 000
Dividends	0	0	50 000
Other Current Debt	62 000	41 000	37 000
Total Current Debt	115 000	70 000	181 000
Total Equity and Debt	117 000	142 000	263 000

Financial indicators	2022	2021	2020
Return on Equity	−3 450 %	−14,08 %	132,93 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−14,23 %	−1,7 %	17,43 %
Current Ratio	0,93	1,89	1,29
Quick Ratio	0,93	1,89	1,29
Equity Ratio	0,02	0,5	0,31
Gross Profit Margin	100 %	98,45 %	100 %