WELDINDUSTRY AS

0283 OSLO

Finances

Return on Equity

18,89 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 965 000	9 965 000	9 326 000	8 440 000
Net Income	1 077 000	1 981 000	1 590 000	549 000
Total Assets	10 044 000	7 652 000	6 766 000	5 199 000
Total Equity	5 700 000	5 233 000	3 057 000	2 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 965 000	9 965 000	9 326 000	8 440 000
Expenditure	10 630 000	7 270 000	7 379 000	7 748 000
Operating Profit	1 335 000	2 695 000	1 947 000	691 000
Financial Income	86 000	63 000	152 000	91 000
Financial Costs	48 000	141 000	26 000	71 000
Financial Balance	38 000	−78 000	126 000	20 000
Earnings Before Tax	1 373 000	2 617 000	2 073 000	711 000
Tax	296 000	636 000	483 000	161 000
Net Income	1 077 000	1 981 000	1 590 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	18 000	16 000	248 000
Total Current Assets	10 008 000	7 635 000	6 750 000	4 951 000
Total Assets	10 044 000	7 652 000	6 766 000	5 199 000
Total Retained Equity	2 048 000	1 581 000	734 000	199 000
Total Equity	5 700 000	5 233 000	3 057 000	2 522 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	4 344 000	2 419 000	3 710 000	2 675 000
Total Equity and Debt	10 044 000	7 652 000	6 766 000	5 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 965 000	9 965 000	9 326 000	8 348 000
Other Income	0	0	0	91 000
Revenue	11 965 000	9 965 000	9 326 000	8 440 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 511 000	5 339 000	5 730 000	5 793 000
Depreciation	10 000	11 000	232 000	220 000
Impairment	0	0	0	0
Expenditure	10 630 000	7 270 000	7 379 000	7 748 000
Operating Profit	1 335 000	2 695 000	1 947 000	691 000
Financial Income	86 000	63 000	152 000	91 000
Financial Costs	48 000	141 000	26 000	71 000
Financial Balance	38 000	−78 000	126 000	20 000
Dividends	600 000	0	0	0
Net Income	1 077 000	1 981 000	1 590 000	549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	196 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	12 000	11 000	48 000
Total Tangible Assets	30 000	12 000	11 000	48 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	35 000	18 000	16 000	248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 246 000	4 323 000	5 083 000	3 829 000
Total Current Assets	10 008 000	7 635 000	6 750 000	4 951 000
Total Assets	10 044 000	7 652 000	6 766 000	5 199 000
Total Equity	5 700 000	5 233 000	3 057 000	2 522 000
Short-Term Group Debt	0	0	0	578 000
Total Long-Term Debt	0	0	0	1 000
Creditors	174 000	272 000	71 000	72 000
Unpaid Taxes	467 000	460 000	503 000	482 000
Dividends	600 000	0	0	0
Other Current Debt	2 806 000	1 050 000	1 596 000	1 408 000
Total Current Debt	4 344 000	2 419 000	3 710 000	2 675 000
Total Equity and Debt	10 044 000	7 652 000	6 766 000	5 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,89 %	37,86 %	52,01 %	21,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,16 %	27,04 %	20,88 %	8,19 %
Current Ratio	2,3	3,16	1,82	1,85
Quick Ratio	2,3	3,16	1,82	1,85
Equity Ratio	0,57	0,68	0,45	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %