WELLE GRUPPEN AS

2636 ØYER

Finances

Return on Equity

4,01 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 875 000	7 528 000	6 987 000	6 658 000
Net Income	3 652 000	2 226 000	−1 751 000	−1 242 000
Total Assets	148 299 000	154 893 000	161 263 000	160 439 000
Total Equity	91 139 000	87 487 000	85 261 000	83 389 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 875 000	7 528 000	6 987 000	6 658 000
Expenditure	4 724 000	3 728 000	7 136 000	6 116 000
Operating Profit	2 150 000	3 800 000	−149 000	543 000
Financial Income	4 295 000	879 000	827 000	260 000
Financial Costs	1 758 000	1 825 000	2 975 000	1 584 000
Financial Balance	2 537 000	−946 000	−2 148 000	−1 324 000
Earnings Before Tax	4 687 000	2 854 000	−2 297 000	−781 000
Tax	1 035 000	628 000	−547 000	461 000
Net Income	3 652 000	2 226 000	−1 751 000	−1 242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 678 000	137 697 000	144 847 000	148 008 000
Total Current Assets	18 621 000	17 196 000	16 415 000	12 431 000
Total Assets	148 299 000	154 893 000	161 263 000	160 439 000
Total Retained Equity	5 878 000	2 226 000	0	760 000
Total Equity	91 139 000	87 487 000	85 261 000	83 389 000
Total Long-Term Debt	27 337 000	36 920 000	42 183 000	43 467 000
Total Current Debt	29 823 000	30 486 000	33 818 000	33 583 000
Total Equity and Debt	148 299 000	154 893 000	161 263 000	160 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 771 000	2 080 000	2 386 000	2 441 000
Other Income	5 104 000	5 448 000	4 600 000	4 218 000
Revenue	6 875 000	7 528 000	6 987 000	6 658 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 900 000	2 627 000	3 394 000	3 663 000
Depreciation	1 032 000	1 385 000	1 584 000	1 563 000
Impairment	0	0	0	0
Expenditure	4 724 000	3 728 000	7 136 000	6 116 000
Operating Profit	2 150 000	3 800 000	−149 000	543 000
Financial Income	4 295 000	879 000	827 000	260 000
Financial Costs	1 758 000	1 825 000	2 975 000	1 584 000
Financial Balance	2 537 000	−946 000	−2 148 000	−1 324 000
Dividends	0	0	0	0
Net Income	3 652 000	2 226 000	−1 751 000	−1 242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 304 000	1 703 000	2 073 000	2 412 000
Total Intangible Assets	20 723 000	22 158 000	23 218 000	20 779 000
Real Eastate	34 176 000	40 665 000	46 661 000	52 137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	127 000	222 000	376 000
Total Tangible Assets	34 227 000	40 792 000	46 883 000	52 513 000
Total Fiancial Fixed Assets	74 728 000	74 747 000	74 747 000	74 717 000
Total Fixed Assets	129 678 000	137 697 000	144 847 000	148 008 000
Stock	0	0	0	0
Total Investments	8 698 000	8 698 000	8 698 000	8 698 000
Cash, Bank	5 850 000	610 000	763 000	2 631 000
Total Current Assets	18 621 000	17 196 000	16 415 000	12 431 000
Total Assets	148 299 000	154 893 000	161 263 000	160 439 000
Total Equity	91 139 000	87 487 000	85 261 000	83 389 000
Short-Term Group Debt	28 805 000	29 300 000	30 903 000	31 882 000
Total Long-Term Debt	27 337 000	36 920 000	42 183 000	43 467 000
Creditors	108 000	250 000	779 000	37 000
Unpaid Taxes	66 000	144 000	62 000	521 000
Dividends	0	0	0	0
Other Current Debt	844 000	793 000	1 075 000	1 143 000
Total Current Debt	29 823 000	30 486 000	33 818 000	33 583 000
Total Equity and Debt	148 299 000	154 893 000	161 263 000	160 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,01 %	2,54 %	−2,05 %	−1,49 %
Debt-to-Equity Ratio	0,3	0,42	0,49	0,52
Operating Profit Margin	31,27 %	50,48 %	−2,13 %	8,16 %
Current Ratio	0,62	0,56	0,49	0,37
Quick Ratio	0,62	0,56	0,49	0,37
Equity Ratio	0,61	0,56	0,53	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %