WATHNE EIENDOM AS

5535 HAUGESUND

Finances

Share Ownership

Return on Equity

59,54 %

Current Ratio

0,4

Debt-to-Equity Ratio

23,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 891 000	2 339 000	52 000	163 000
Net Income	1 276 000	767 000	16 000	10 000
Total Assets	53 740 000	57 847 000	538 000	539 000
Total Equity	2 143 000	867 000	100 000	514 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 891 000	2 339 000	52 000	163 000
Expenditure	1 420 000	764 000	32 000	148 000
Operating Profit	3 471 000	1 575 000	20 000	15 000
Financial Income	1 000	0	0	0
Financial Costs	1 835 000	592 000	0	3 000
Financial Balance	−1 834 000	−592 000	0	−3 000
Earnings Before Tax	1 636 000	983 000	20 000	13 000
Tax	360 000	216 000	4 000	3 000
Net Income	1 276 000	767 000	16 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 390 000	54 463 000	0	4 000
Total Current Assets	350 000	3 383 000	538 000	534 000
Total Assets	53 740 000	57 847 000	538 000	539 000
Total Retained Equity	1 035 000	767 000	0	213 000
Total Equity	2 143 000	867 000	100 000	514 000
Total Long-Term Debt	50 722 000	33 209 000	0	0
Total Current Debt	875 000	23 771 000	438 000	25 000
Total Equity and Debt	53 740 000	57 847 000	538 000	539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 891 000	2 339 000	52 000	163 000
Other Income	0	0	0	0
Revenue	4 891 000	2 339 000	52 000	163 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 073 000	537 000	0	0
Impairment	0	0	0	0
Expenditure	1 420 000	764 000	32 000	148 000
Operating Profit	3 471 000	1 575 000	20 000	15 000
Financial Income	1 000	0	0	0
Financial Costs	1 835 000	592 000	0	3 000
Financial Balance	−1 834 000	−592 000	0	−3 000
Dividends	0	0	0	0
Net Income	1 276 000	767 000	16 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	53 390 000	54 463 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	53 390 000	54 463 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 390 000	54 463 000	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	161 000	3 312 000	497 000	362 000
Total Current Assets	350 000	3 383 000	538 000	534 000
Total Assets	53 740 000	57 847 000	538 000	539 000
Total Equity	2 143 000	867 000	100 000	514 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 722 000	33 209 000	0	0
Creditors	93 000	72 000	0	7 000
Unpaid Taxes	215 000	166 000	8 000	16 000
Dividends	0	0	0	0
Other Current Debt	567 000	23 104 000	430 000	0
Total Current Debt	875 000	23 771 000	438 000	25 000
Total Equity and Debt	53 740 000	57 847 000	538 000	539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,54 %	88,47 %	16 %	1,95 %
Debt-to-Equity Ratio	23,67	38,3	0	0
Operating Profit Margin	70,97 %	67,34 %	38,46 %	9,2 %
Current Ratio	0,4	0,14	1,23	21,36
Quick Ratio	0,4	0,14	1,23	21,36
Equity Ratio	0,04	0,01	0,19	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %