DR. WESSELS GATE 7 AS

9900 KIRKENES

Finances

Return on Equity

15,15 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 851 000	4 345 000	4 271 000	4 362 000
Net Income	1 387 000	1 154 000	1 621 000	823 000
Total Assets	13 803 000	17 461 000	17 901 000	17 934 000
Total Equity	9 156 000	7 769 000	7 530 000	6 014 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 851 000	4 345 000	4 271 000	4 362 000
Expenditure	2 491 000	2 151 000	2 204 000	3 109 000
Operating Profit	2 360 000	2 193 000	2 067 000	1 253 000
Financial Income	8 000	0	13 000	20 000
Financial Costs	590 000	714 000	564 000	167 000
Financial Balance	−582 000	−714 000	−551 000	−147 000
Earnings Before Tax	1 777 000	1 479 000	1 516 000	1 106 000
Tax	391 000	325 000	−105 000	283 000
Net Income	1 387 000	1 154 000	1 621 000	823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 974 000	16 910 000	17 005 000	16 859 000
Total Current Assets	830 000	552 000	896 000	1 075 000
Total Assets	13 803 000	17 461 000	17 901 000	17 934 000
Total Retained Equity	8 176 000	6 789 000	6 550 000	5 034 000
Total Equity	9 156 000	7 769 000	7 530 000	6 014 000
Total Long-Term Debt	3 792 000	7 870 000	9 507 000	10 186 000
Total Current Debt	855 000	1 822 000	864 000	1 735 000
Total Equity and Debt	13 803 000	17 461 000	17 901 000	17 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 851 000	4 345 000	4 271 000	4 362 000
Revenue	4 851 000	4 345 000	4 271 000	4 362 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	359 000	572 000
Impairment	0	0	0	0
Expenditure	2 491 000	2 151 000	2 204 000	3 109 000
Operating Profit	2 360 000	2 193 000	2 067 000	1 253 000
Financial Income	8 000	0	13 000	20 000
Financial Costs	590 000	714 000	564 000	167 000
Financial Balance	−582 000	−714 000	−551 000	−147 000
Dividends	0	0	0	0
Net Income	1 387 000	1 154 000	1 621 000	823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	303 000	370 000	437 000	0
Real Eastate	12 540 000	12 546 000	12 553 000	12 890 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	52 000	73 000	27 000
Total Tangible Assets	12 570 000	12 598 000	12 626 000	12 917 000
Total Fiancial Fixed Assets	100 000	3 942 000	3 942 000	3 942 000
Total Fixed Assets	12 974 000	16 910 000	17 005 000	16 859 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	612 000	404 000	715 000	927 000
Total Current Assets	830 000	552 000	896 000	1 075 000
Total Assets	13 803 000	17 461 000	17 901 000	17 934 000
Total Equity	9 156 000	7 769 000	7 530 000	6 014 000
Short-Term Group Debt	0	1 308 000	135 000	0
Total Long-Term Debt	3 792 000	7 870 000	9 507 000	10 186 000
Creditors	325 000	254 000	294 000	1 323 000
Unpaid Taxes	18 000	62 000	19 000	0
Dividends	0	0	0	0
Other Current Debt	188 000	198 000	114 000	128 000
Total Current Debt	855 000	1 822 000	864 000	1 735 000
Total Equity and Debt	13 803 000	17 461 000	17 901 000	17 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,15 %	14,85 %	21,53 %	13,68 %
Debt-to-Equity Ratio	0,41	1,01	1,26	1,69
Operating Profit Margin	48,65 %	50,47 %	48,4 %	28,73 %
Current Ratio	0,97	0,3	1,04	0,62
Quick Ratio	0,97	0,3	1,04	0,62
Equity Ratio	0,66	0,44	0,42	0,34
Gross Profit Margin	100 %	99,91 %	100 %	100 %