THE WEDDELL TRADING COMPANY AS

0368 OSLO

Finances

Share Ownership

Return on Equity

39,12 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 339 000	1 603 000	1 633 000	1 563 000
Net Income	277 000	104 000	−11 000	112 000
Total Assets	1 662 000	1 037 000	816 000	808 000
Total Equity	708 000	431 000	327 000	339 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 339 000	1 603 000	1 633 000	1 563 000
Expenditure	2 948 000	1 459 000	1 621 000	1 444 000
Operating Profit	391 000	144 000	11 000	119 000
Financial Income	3 000	3 000	9 000	51 000
Financial Costs	39 000	19 000	31 000	39 000
Financial Balance	−36 000	−16 000	−22 000	12 000
Earnings Before Tax	355 000	127 000	−11 000	130 000
Tax	78 000	23 000	0	18 000
Net Income	277 000	104 000	−11 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	46 000	0	0
Total Current Assets	1 632 000	990 000	816 000	808 000
Total Assets	1 662 000	1 037 000	816 000	808 000
Total Retained Equity	608 000	331 000	227 000	239 000
Total Equity	708 000	431 000	327 000	339 000
Total Long-Term Debt	1 000	3 000	0	402 000
Total Current Debt	953 000	602 000	488 000	68 000
Total Equity and Debt	1 662 000	1 037 000	816 000	808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 339 000	1 603 000	1 633 000	1 563 000
Other Income	0	0	0	0
Revenue	3 339 000	1 603 000	1 633 000	1 563 000
Cost of Goods Sold	827 000	549 000	814 000	623 000
Salary Costs	823 000	234 000	136 000	122 000
Depreciation	16 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	2 948 000	1 459 000	1 621 000	1 444 000
Operating Profit	391 000	144 000	11 000	119 000
Financial Income	3 000	3 000	9 000	51 000
Financial Costs	39 000	19 000	31 000	39 000
Financial Balance	−36 000	−16 000	−22 000	12 000
Dividends	0	0	0	0
Net Income	277 000	104 000	−11 000	112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	46 000	0	0
Total Tangible Assets	30 000	46 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	46 000	0	0
Stock	1 058 000	692 000	665 000	578 000
Total Investments	0	0	0	0
Cash, Bank	445 000	270 000	139 000	224 000
Total Current Assets	1 632 000	990 000	816 000	808 000
Total Assets	1 662 000	1 037 000	816 000	808 000
Total Equity	708 000	431 000	327 000	339 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	3 000	0	402 000
Creditors	24 000	11 000	20 000	30 000
Unpaid Taxes	129 000	61 000	12 000	11 000
Dividends	0	0	0	0
Other Current Debt	720 000	507 000	456 000	8 000
Total Current Debt	953 000	602 000	488 000	68 000
Total Equity and Debt	1 662 000	1 037 000	816 000	808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,12 %	24,13 %	−3,36 %	33,04 %
Debt-to-Equity Ratio	0	0,01	0	1,19
Operating Profit Margin	11,71 %	8,98 %	0,67 %	7,61 %
Current Ratio	1,71	1,64	1,67	11,88
Quick Ratio	−15,54	−11	−4,61	−1,58
Equity Ratio	0,43	0,42	0,4	0,42
Gross Profit Margin	75,23 %	65,75 %	50,15 %	60,14 %