WELLE INVEST AS

2636 ØYER

Finances

Share Ownership

Return on Equity

5,75 %

Current Ratio

0,14

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 148 000	6 133 000	5 385 000	5 234 000
Net Income	2 065 000	682 000	29 000	207 000
Total Assets	65 203 000	65 045 000	65 148 000	66 315 000
Total Equity	35 944 000	33 879 000	33 197 000	33 168 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 148 000	6 133 000	5 385 000	5 234 000
Expenditure	3 551 000	4 346 000	3 903 000	3 674 000
Operating Profit	3 597 000	1 787 000	1 482 000	1 560 000
Financial Income	0	0	0	0
Financial Costs	949 000	913 000	1 445 000	1 039 000
Financial Balance	−949 000	−913 000	−1 445 000	−1 039 000
Earnings Before Tax	2 648 000	874 000	37 000	521 000
Tax	583 000	192 000	8 000	314 000
Net Income	2 065 000	682 000	29 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 186 000	63 647 000	64 806 000	65 016 000
Total Current Assets	2 017 000	1 398 000	342 000	1 298 000
Total Assets	65 203 000	65 045 000	65 148 000	66 315 000
Total Retained Equity	4 949 000	2 884 000	2 202 000	2 173 000
Total Equity	35 944 000	33 879 000	33 197 000	33 168 000
Total Long-Term Debt	14 891 000	16 950 000	18 150 000	20 209 000
Total Current Debt	14 368 000	14 216 000	13 801 000	12 938 000
Total Equity and Debt	65 203 000	65 045 000	65 148 000	66 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 148 000	6 133 000	0	0
Other Income	0	0	5 385 000	5 234 000
Revenue	7 148 000	6 133 000	5 385 000	5 234 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 554 000	2 413 000	2 383 000	2 281 000
Impairment	0	0	0	0
Expenditure	3 551 000	4 346 000	3 903 000	3 674 000
Operating Profit	3 597 000	1 787 000	1 482 000	1 560 000
Financial Income	0	0	0	0
Financial Costs	949 000	913 000	1 445 000	1 039 000
Financial Balance	−949 000	−913 000	−1 445 000	−1 039 000
Dividends	0	0	0	0
Net Income	2 065 000	682 000	29 000	207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 483 000	4 065 000	4 258 000	4 266 000
Real Eastate	57 137 000	56 629 000	57 097 000	57 940 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 567 000	2 952 000	3 451 000	2 810 000
Total Tangible Assets	59 703 000	59 582 000	60 548 000	60 751 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 186 000	63 647 000	64 806 000	65 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 017 000	1 398 000	342 000	1 298 000
Total Assets	65 203 000	65 045 000	65 148 000	66 315 000
Total Equity	35 944 000	33 879 000	33 197 000	33 168 000
Short-Term Group Debt	14 128 000	14 019 000	13 037 000	12 255 000
Total Long-Term Debt	14 891 000	16 950 000	18 150 000	20 209 000
Creditors	2 000	3 000	466 000	585 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	237 000	193 000	299 000	98 000
Total Current Debt	14 368 000	14 216 000	13 801 000	12 938 000
Total Equity and Debt	65 203 000	65 045 000	65 148 000	66 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,75 %	2,01 %	0,09 %	0,62 %
Debt-to-Equity Ratio	0,41	0,5	0,55	0,61
Operating Profit Margin	50,32 %	29,14 %	27,52 %	29,81 %
Current Ratio	0,14	0,1	0,02	0,1
Quick Ratio	0,14	0,1	0,02	0,1
Equity Ratio	0,55	0,52	0,51	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %