AL WERGELANDSGT II BORETTSLAG

2815 GJØVIK

Finances

Share Ownership

Return on Equity

28,44 %

Current Ratio

9,66

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 183 000	1 142 000	1 120 000	842 000
Net Income	217 000	206 000	280 000	8 000
Total Assets	1 467 000	1 276 000	1 087 000	850 000
Total Equity	763 000	546 000	340 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 183 000	1 142 000	1 120 000	842 000
Expenditure	958 000	933 000	832 000	822 000
Operating Profit	224 000	210 000	288 000	21 000
Financial Income	6 000	5 000	6 000	7 000
Financial Costs	13 000	9 000	14 000	19 000
Financial Balance	−7 000	−4 000	−8 000	−12 000
Earnings Before Tax	217 000	206 000	280 000	8 000
Tax	0	0	0	0
Net Income	217 000	206 000	280 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	675 000	675 000	675 000	675 000
Total Current Assets	792 000	601 000	412 000	175 000
Total Assets	1 467 000	1 276 000	1 087 000	850 000
Total Retained Equity	761 000	543 000	338 000	58 000
Total Equity	763 000	546 000	340 000	60 000
Total Long-Term Debt	623 000	674 000	726 000	776 000
Total Current Debt	82 000	57 000	21 000	14 000
Total Equity and Debt	1 467 000	1 276 000	1 087 000	850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 183 000	1 142 000	1 120 000	842 000
Revenue	1 183 000	1 142 000	1 120 000	842 000
Cost of Goods Sold	0	0	0	0
Salary Costs	257 000	225 000	183 000	178 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	958 000	933 000	832 000	822 000
Operating Profit	224 000	210 000	288 000	21 000
Financial Income	6 000	5 000	6 000	7 000
Financial Costs	13 000	9 000	14 000	19 000
Financial Balance	−7 000	−4 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	217 000	206 000	280 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	675 000	675 000	675 000	675 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	675 000	675 000	675 000	675 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	675 000	675 000	675 000	675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	702 000	509 000	329 000	96 000
Total Current Assets	792 000	601 000	412 000	175 000
Total Assets	1 467 000	1 276 000	1 087 000	850 000
Total Equity	763 000	546 000	340 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	623 000	674 000	726 000	776 000
Creditors	51 000	36 000	1 000	1 000
Unpaid Taxes	15 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	22 000	20 000	13 000
Total Current Debt	82 000	57 000	21 000	14 000
Total Equity and Debt	1 467 000	1 276 000	1 087 000	850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,44 %	37,73 %	82,35 %	13,33 %
Debt-to-Equity Ratio	0,82	1,23	2,14	12,93
Operating Profit Margin	18,93 %	18,39 %	25,71 %	2,49 %
Current Ratio	9,66	10,54	19,62	12,5
Quick Ratio	9,66	10,54	19,62	12,5
Equity Ratio	0,52	0,43	0,31	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %