WETHE HOLTSKOG FROSTAD INDUSTRIER AS

1357 BEKKESTUA

Finances

Share Ownership

Return on Equity

24,21 %

Current Ratio

3,09

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 881 000	1 756 000	2 851 000	2 722 000
Net Income	458 000	3 000	672 000	318 000
Total Assets	5 117 000	4 747 000	4 895 000	4 915 000
Total Equity	1 892 000	1 434 000	1 431 000	759 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 881 000	1 756 000	2 851 000	2 722 000
Expenditure	2 390 000	1 727 000	2 143 000	2 380 000
Operating Profit	491 000	29 000	708 000	342 000
Financial Income	3 000	4 000	0	5 000
Financial Costs	7 000	30 000	37 000	29 000
Financial Balance	−4 000	−26 000	−37 000	−24 000
Earnings Before Tax	488 000	3 000	672 000	318 000
Tax	29 000	0	0	0
Net Income	458 000	3 000	672 000	318 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 217 000	4 359 000	4 422 000	4 298 000
Total Current Assets	899 000	388 000	473 000	617 000
Total Assets	5 117 000	4 747 000	4 895 000	4 915 000
Total Retained Equity	964 000	506 000	502 000	−169 000
Total Equity	1 892 000	1 434 000	1 431 000	759 000
Total Long-Term Debt	2 933 000	3 137 000	3 322 000	3 888 000
Total Current Debt	291 000	176 000	142 000	268 000
Total Equity and Debt	5 117 000	4 747 000	4 895 000	4 915 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 741 000	1 726 000	2 809 000	2 676 000
Other Income	139 000	30 000	41 000	46 000
Revenue	2 881 000	1 756 000	2 851 000	2 722 000
Cost of Goods Sold	201 000	55 000	62 000	86 000
Salary Costs	811 000	315 000	321 000	810 000
Depreciation	182 000	186 000	207 000	238 000
Impairment	0	0	0	0
Expenditure	2 390 000	1 727 000	2 143 000	2 380 000
Operating Profit	491 000	29 000	708 000	342 000
Financial Income	3 000	4 000	0	5 000
Financial Costs	7 000	30 000	37 000	29 000
Financial Balance	−4 000	−26 000	−37 000	−24 000
Dividends	0	0	0	0
Net Income	458 000	3 000	672 000	318 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 136 000	4 232 000	4 278 000	4 168 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	127 000	143 000	129 000
Total Tangible Assets	4 217 000	4 359 000	4 422 000	4 298 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 217 000	4 359 000	4 422 000	4 298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	56 000	13 000	31 000
Total Current Assets	899 000	388 000	473 000	617 000
Total Assets	5 117 000	4 747 000	4 895 000	4 915 000
Total Equity	1 892 000	1 434 000	1 431 000	759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 933 000	3 137 000	3 322 000	3 888 000
Creditors	51 000	50 000	19 000	−50 000
Unpaid Taxes	129 000	66 000	81 000	253 000
Dividends	0	0	0	0
Other Current Debt	81 000	60 000	42 000	65 000
Total Current Debt	291 000	176 000	142 000	268 000
Total Equity and Debt	5 117 000	4 747 000	4 895 000	4 915 000

Financial indicators	2021	2020	2019	2018
Return on Equity	24,21 %	0,21 %	46,96 %	41,9 %
Debt-to-Equity Ratio	1,55	2,19	2,32	5,12
Operating Profit Margin	17,04 %	1,65 %	24,83 %	12,56 %
Current Ratio	3,09	2,2	3,33	2,3
Quick Ratio	3,09	2,2	3,33	2,3
Equity Ratio	0,37	0,3	0,29	0,15
Gross Profit Margin	93,02 %	96,87 %	97,83 %	96,84 %