WELO BILVERKSTED AS

7890 NAMSSKOGAN

Finances

Share Ownership

Return on Equity

22,52 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 000	478 000	539 000	754 000
Net Income	25 000	23 000	37 000	92 000
Total Assets	924 000	916 000	683 000	716 000
Total Equity	111 000	86 000	63 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 000	478 000	539 000	754 000
Expenditure	441 000	448 000	491 000	665 000
Operating Profit	34 000	31 000	48 000	118 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	32 000	30 000	48 000	118 000
Tax	7 000	7 000	11 000	26 000
Net Income	25 000	23 000	37 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	176 000	219 000	267 000
Total Current Assets	783 000	740 000	463 000	449 000
Total Assets	924 000	916 000	683 000	716 000
Total Retained Equity	11 000	−14 000	−37 000	−75 000
Total Equity	111 000	86 000	63 000	25 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	813 000	830 000	620 000	691 000
Total Equity and Debt	924 000	916 000	683 000	716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	475 000	478 000	539 000	754 000
Other Income	0	0	0	0
Revenue	475 000	478 000	539 000	754 000
Cost of Goods Sold	111 000	267 000	159 000	248 000
Salary Costs	174 000	23 000	187 000	261 000
Depreciation	36 000	37 000	37 000	35 000
Impairment	0	0	0	0
Expenditure	441 000	448 000	491 000	665 000
Operating Profit	34 000	31 000	48 000	118 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	25 000	23 000	37 000	92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	24 000	30 000	41 000
Real Eastate	97 000	120 000	143 000	166 000
Machinery and Plant Facilities	15 000	24 000	34 000	4 000
Fixtures	4 000	8 000	13 000	56 000
Total Tangible Assets	116 000	152 000	189 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	176 000	219 000	267 000
Stock	615 000	487 000	365 000	365 000
Total Investments	0	0	0	0
Cash, Bank	167 000	246 000	94 000	48 000
Total Current Assets	783 000	740 000	463 000	449 000
Total Assets	924 000	916 000	683 000	716 000
Total Equity	111 000	86 000	63 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	−2 000	24 000
Unpaid Taxes	28 000	1 000	8 000	21 000
Dividends	0	0	0	0
Other Current Debt	770 000	829 000	614 000	646 000
Total Current Debt	813 000	830 000	620 000	691 000
Total Equity and Debt	924 000	916 000	683 000	716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,52 %	26,74 %	58,73 %	368 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,16 %	6,49 %	8,91 %	15,65 %
Current Ratio	0,96	0,89	0,75	0,65
Quick Ratio	3,95	2,16	1,82	1,38
Equity Ratio	0,12	0,09	0,09	0,03
Gross Profit Margin	76,63 %	44,14 %	70,5 %	67,11 %