WERGELAND EIENDOM AS

4011 STAVANGER

Finances

Share Ownership

Return on Equity

8,06 %

Current Ratio

0,49

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 993 000	2 989 000	2 836 000	2 789 000
Net Income	584 000	799 000	707 000	865 000
Total Assets	11 283 000	11 273 000	11 192 000	11 294 000
Total Equity	7 244 000	6 694 000	5 888 000	5 182 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 993 000	2 989 000	2 836 000	2 789 000
Expenditure	1 836 000	1 930 000	1 617 000	1 543 000
Operating Profit	1 158 000	1 059 000	1 219 000	1 246 000
Financial Income	0	31 000	2 000	25 000
Financial Costs	323 000	65 000	315 000	169 000
Financial Balance	−323 000	−34 000	−313 000	−144 000
Earnings Before Tax	835 000	1 024 000	907 000	1 102 000
Tax	251 000	225 000	200 000	237 000
Net Income	584 000	799 000	707 000	865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 956 000	10 937 000	10 937 000	10 937 000
Total Current Assets	326 000	336 000	255 000	357 000
Total Assets	11 283 000	11 273 000	11 192 000	11 294 000
Total Retained Equity	6 444 000	5 894 000	5 088 000	4 382 000
Total Equity	7 244 000	6 694 000	5 888 000	5 182 000
Total Long-Term Debt	3 377 000	3 957 000	4 232 000	4 068 000
Total Current Debt	663 000	622 000	1 071 000	2 045 000
Total Equity and Debt	11 283 000	11 273 000	11 192 000	11 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 993 000	2 989 000	2 836 000	2 789 000
Revenue	2 993 000	2 989 000	2 836 000	2 789 000
Cost of Goods Sold	0	0	0	0
Salary Costs	818 000	786 000	650 000	721 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 836 000	1 930 000	1 617 000	1 543 000
Operating Profit	1 158 000	1 059 000	1 219 000	1 246 000
Financial Income	0	31 000	2 000	25 000
Financial Costs	323 000	65 000	315 000	169 000
Financial Balance	−323 000	−34 000	−313 000	−144 000
Dividends	0	0	0	1 000 000
Net Income	584 000	799 000	707 000	865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 937 000	10 937 000	10 937 000	10 937 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	0	0	0
Total Tangible Assets	10 956 000	10 937 000	10 937 000	10 937 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 956 000	10 937 000	10 937 000	10 937 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	204 000	70 000	34 000
Total Current Assets	326 000	336 000	255 000	357 000
Total Assets	11 283 000	11 273 000	11 192 000	11 294 000
Total Equity	7 244 000	6 694 000	5 888 000	5 182 000
Short-Term Group Debt	329 000	324 000	349 000	120 000
Total Long-Term Debt	3 377 000	3 957 000	4 232 000	4 068 000
Creditors	4 000	0	11 000	4 000
Unpaid Taxes	59 000	46 000	38 000	39 000
Dividends	0	0	0	1 000 000
Other Current Debt	92 000	89 000	133 000	125 000
Total Current Debt	663 000	622 000	1 071 000	2 045 000
Total Equity and Debt	11 283 000	11 273 000	11 192 000	11 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,06 %	11,94 %	12,01 %	16,69 %
Debt-to-Equity Ratio	0,47	0,59	0,72	0,79
Operating Profit Margin	38,69 %	35,43 %	42,98 %	44,68 %
Current Ratio	0,49	0,54	0,24	0,17
Quick Ratio	0,49	0,54	0,24	0,17
Equity Ratio	0,64	0,59	0,53	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %