WESSELS GATE 1 AS

7043 TRONDHEIM

Finances

Share Ownership

Return on Equity

41,77 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 040 000	840 000	1 095 000	1 067 000
Net Income	515 000	−313 000	401 000	455 000
Total Assets	3 684 000	3 850 000	3 141 000	5 072 000
Total Equity	1 233 000	600 000	109 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 040 000	840 000	1 095 000	1 067 000
Expenditure	320 000	1 145 000	406 000	363 000
Operating Profit	720 000	−305 000	689 000	704 000
Financial Income	0	0	8 000	11 000
Financial Costs	50 000	88 000	182 000	132 000
Financial Balance	−50 000	−88 000	−174 000	−121 000
Earnings Before Tax	670 000	−394 000	514 000	583 000
Tax	156 000	−81 000	113 000	128 000
Net Income	515 000	−313 000	401 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 860 000	2 890 000	2 920 000	2 953 000
Total Current Assets	824 000	960 000	221 000	2 119 000
Total Assets	3 684 000	3 850 000	3 141 000	5 072 000
Total Retained Equity	97 000	0	9 000	44 000
Total Equity	1 233 000	600 000	109 000	144 000
Total Long-Term Debt	1 720 000	3 120 000	2 283 000	2 834 000
Total Current Debt	731 000	130 000	750 000	2 094 000
Total Equity and Debt	3 684 000	3 850 000	3 141 000	5 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 040 000	840 000	1 095 000	1 067 000
Revenue	1 040 000	840 000	1 095 000	1 067 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	30 000	30 000	33 000	0
Impairment	0	0	0	0
Expenditure	320 000	1 145 000	406 000	363 000
Operating Profit	720 000	−305 000	689 000	704 000
Financial Income	0	0	8 000	11 000
Financial Costs	50 000	88 000	182 000	132 000
Financial Balance	−50 000	−88 000	−174 000	−121 000
Dividends	0	0	0	0
Net Income	515 000	−313 000	401 000	455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 860 000	2 890 000	2 920 000	2 953 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 860 000	2 890 000	2 920 000	2 953 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 860 000	2 890 000	2 920 000	2 953 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	278 000	72 000	149 000	0
Total Current Assets	824 000	960 000	221 000	2 119 000
Total Assets	3 684 000	3 850 000	3 141 000	5 072 000
Total Equity	1 233 000	600 000	109 000	144 000
Short-Term Group Debt	536 000	0	559 000	1 881 000
Total Long-Term Debt	1 720 000	3 120 000	2 283 000	2 834 000
Creditors	79 000	69 000	127 000	97 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 000	61 000	64 000	116 000
Total Current Debt	731 000	130 000	750 000	2 094 000
Total Equity and Debt	3 684 000	3 850 000	3 141 000	5 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,77 %	−52,17 %	367,89 %	315,97 %
Debt-to-Equity Ratio	1,39	5,2	20,94	19,68
Operating Profit Margin	69,23 %	−36,31 %	62,92 %	65,98 %
Current Ratio	1,13	7,38	0,29	1,01
Quick Ratio	1,13	7,38	0,29	1,01
Equity Ratio	0,33	0,16	0,03	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %