WELLS NORWAY AS

0161 OSLO

Finances

Return on Equity

−1,55 %

Current Ratio

12,33

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	19 000	−1 281 000	13 000
Total Assets	74 000	2 000	511 000
Total Equity	−1 224 000	−1 244 000	38 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	17 000	1 266 000	12 000
Operating Profit	−17 000	−1 266 000	−12 000
Financial Income	59 000	54 000	28 000
Financial Costs	17 000	66 000	3 000
Financial Balance	42 000	−12 000	25 000
Earnings Before Tax	25 000	−1 278 000	13 000
Tax	5 000	4 000	0
Net Income	19 000	−1 281 000	13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	505 000
Total Current Assets	74 000	2 000	6 000
Total Assets	74 000	2 000	511 000
Total Retained Equity	−1 249 000	−1 268 000	13 000
Total Equity	−1 224 000	−1 244 000	38 000
Total Long-Term Debt	1 293 000	1 238 000	473 000
Total Current Debt	6 000	7 000	0
Total Equity and Debt	74 000	2 000	511 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	17 000	1 266 000	12 000
Operating Profit	−17 000	−1 266 000	−12 000
Financial Income	59 000	54 000	28 000
Financial Costs	17 000	66 000	3 000
Financial Balance	42 000	−12 000	25 000
Dividends	0	0	0
Net Income	19 000	−1 281 000	13 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	505 000
Total Fixed Assets	0	0	505 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 000	1 000	6 000
Total Current Assets	74 000	2 000	6 000
Total Assets	74 000	2 000	511 000
Total Equity	−1 224 000	−1 244 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 293 000	1 238 000	473 000
Creditors	1 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	3 000	0
Total Current Debt	6 000	7 000	0
Total Equity and Debt	74 000	2 000	511 000

Financial indicators	2022	2021	2020
Return on Equity	−1,55 %	102,97 %	34,21 %
Debt-to-Equity Ratio	−1,06	−1	12,45
Operating Profit Margin	-	-	-
Current Ratio	12,33	0,29	-
Quick Ratio	12,33	0,29	-
Equity Ratio	−16,54	−622	0,07
Gross Profit Margin	-	-	-