WELHAVENSGATE BOLIGLAG AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

7,3 %

Current Ratio

0,05

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	522 000	564 000	606 000	586 000
Net Income	−260 000	−136 000	−3 374 000	−497 000
Total Assets	678 000	756 000	677 000	821 000
Total Equity	−3 562 000	−3 302 000	−3 166 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	522 000	564 000	606 000	586 000
Expenditure	540 000	626 000	3 936 000	1 085 000
Operating Profit	−18 000	−62 000	−3 330 000	−500 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	242 000	75 000	46 000	2 000
Financial Balance	−241 000	−74 000	−44 000	0
Earnings Before Tax	−260 000	−136 000	−3 374 000	−497 000
Tax	0	0	0	0
Net Income	−260 000	−136 000	−3 374 000	−497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	663 000	663 000	663 000	663 000
Total Current Assets	15 000	93 000	14 000	159 000
Total Assets	678 000	756 000	677 000	821 000
Total Retained Equity	−3 662 000	−3 402 000	−3 266 000	107 000
Total Equity	−3 562 000	−3 302 000	−3 166 000	208 000
Total Long-Term Debt	3 926 000	4 019 000	96 000	96 000
Total Current Debt	314 000	38 000	3 746 000	518 000
Total Equity and Debt	678 000	756 000	677 000	821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	522 000	564 000	606 000	586 000
Revenue	522 000	564 000	606 000	586 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 000	35 000	33 000	27 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	540 000	626 000	3 936 000	1 085 000
Operating Profit	−18 000	−62 000	−3 330 000	−500 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	242 000	75 000	46 000	2 000
Financial Balance	−241 000	−74 000	−44 000	0
Dividends	0	0	0	0
Net Income	−260 000	−136 000	−3 374 000	−497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	663 000	663 000	663 000	663 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	663 000	663 000	663 000	663 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	663 000	663 000	663 000	663 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	85 000	0	124 000
Total Current Assets	15 000	93 000	14 000	159 000
Total Assets	678 000	756 000	677 000	821 000
Total Equity	−3 562 000	−3 302 000	−3 166 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 926 000	4 019 000	96 000	96 000
Creditors	12 000	3 000	93 000	501 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	302 000	35 000	128 000	16 000
Total Current Debt	314 000	38 000	3 746 000	518 000
Total Equity and Debt	678 000	756 000	677 000	821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,3 %	4,12 %	106,57 %	−238,94 %
Debt-to-Equity Ratio	−1,1	−1,22	−0,03	0,46
Operating Profit Margin	−3,45 %	−10,99 %	−549,5 %	−85,32 %
Current Ratio	0,05	2,45	0	0,31
Quick Ratio	0,05	2,45	0	0,31
Equity Ratio	−5,25	−4,37	−4,68	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %