AS WESSELSGATE 25

4017 STAVANGER

Finances

Share Ownership

Return on Equity

0,08 %

Current Ratio

2,22

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 731 000	1 653 000	1 688 000	1 668 000
Net Income	−5 000	38 000	427 000	−2 540 000
Total Assets	1 465 000	1 624 000	1 719 000	2 214 000
Total Equity	−5 965 000	−5 959 000	−5 998 000	−6 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 731 000	1 653 000	1 688 000	1 668 000
Expenditure	1 581 000	1 507 000	1 123 000	4 080 000
Operating Profit	150 000	146 000	565 000	−2 411 000
Financial Income	5 000	1 000	4 000	12 000
Financial Costs	161 000	109 000	142 000	141 000
Financial Balance	−156 000	−108 000	−138 000	−129 000
Earnings Before Tax	−5 000	38 000	427 000	−2 411 000
Tax	0	0	0	0
Net Income	−5 000	38 000	427 000	−2 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	900 000	934 000	967 000	1 001 000
Total Current Assets	565 000	690 000	751 000	1 213 000
Total Assets	1 465 000	1 624 000	1 719 000	2 214 000
Total Retained Equity	−6 065 000	−6 059 000	−6 098 000	−6 525 000
Total Equity	−5 965 000	−5 959 000	−5 998 000	−6 425 000
Total Long-Term Debt	7 175 000	7 384 000	7 617 000	8 343 000
Total Current Debt	255 000	199 000	99 000	295 000
Total Equity and Debt	1 465 000	1 624 000	1 719 000	2 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 731 000	1 653 000	1 688 000	1 668 000
Revenue	1 731 000	1 653 000	1 688 000	1 668 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	66 000	75 000	74 000
Depreciation	34 000	34 000	34 000	6 000
Impairment	0	0	0	0
Expenditure	1 581 000	1 507 000	1 123 000	4 080 000
Operating Profit	150 000	146 000	565 000	−2 411 000
Financial Income	5 000	1 000	4 000	12 000
Financial Costs	161 000	109 000	142 000	141 000
Financial Balance	−156 000	−108 000	−138 000	−129 000
Dividends	0	0	0	0
Net Income	−5 000	38 000	427 000	−2 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	839 000	839 000	839 000	839 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	95 000	129 000	162 000
Total Tangible Assets	900 000	934 000	967 000	1 001 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	900 000	934 000	967 000	1 001 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	528 000	660 000	707 000	1 110 000
Total Current Assets	565 000	690 000	751 000	1 213 000
Total Assets	1 465 000	1 624 000	1 719 000	2 214 000
Total Equity	−5 965 000	−5 959 000	−5 998 000	−6 425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 175 000	7 384 000	7 617 000	8 343 000
Creditors	58 000	80 000	59 000	240 000
Unpaid Taxes	49 000	41 000	23 000	−63 000
Dividends	0	0	0	0
Other Current Debt	147 000	78 000	17 000	118 000
Total Current Debt	255 000	199 000	99 000	295 000
Total Equity and Debt	1 465 000	1 624 000	1 719 000	2 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,08 %	−0,64 %	−7,12 %	39,53 %
Debt-to-Equity Ratio	−1,2	−1,24	−1,27	−1,3
Operating Profit Margin	8,67 %	8,83 %	33,47 %	−144,54 %
Current Ratio	2,22	3,47	7,59	4,11
Quick Ratio	2,22	3,47	7,59	4,11
Equity Ratio	−4,07	−3,67	−3,49	−2,9
Gross Profit Margin	100 %	100 %	100 %	100 %