WET GROUND CONSTRUCTION AS

0164 OSLO

Finances

Return on Equity

1,04 %

Current Ratio

183

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 000	0	10 000	455 000
Net Income	23 000	62 000	−75 000	0
Total Assets	2 209 000	2 684 000	2 717 000	2 808 000
Total Equity	2 205 000	2 181 000	2 119 000	2 694 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 000	0	10 000	455 000
Expenditure	47 000	50 000	106 000	464 000
Operating Profit	25 000	−50 000	−95 000	−9 000
Financial Income	5 000	102 000	3 000	9 000
Financial Costs	0	0	5 000	0
Financial Balance	5 000	102 000	−2 000	9 000
Earnings Before Tax	30 000	52 000	−96 000	0
Tax	7 000	−11 000	−21 000	0
Net Income	23 000	62 000	−75 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 295 000	1 301 000	1 291 000	1 283 000
Total Current Assets	915 000	1 383 000	1 427 000	1 525 000
Total Assets	2 209 000	2 684 000	2 717 000	2 808 000
Total Retained Equity	1 205 000	1 181 000	1 119 000	1 694 000
Total Equity	2 205 000	2 181 000	2 119 000	2 694 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	503 000	598 000	114 000
Total Equity and Debt	2 209 000	2 684 000	2 717 000	2 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 000	0	10 000	455 000
Other Income	0	0	0	0
Revenue	72 000	0	10 000	455 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	33 000	154 000
Depreciation	0	0	14 000	14 000
Impairment	0	0	0	0
Expenditure	47 000	50 000	106 000	464 000
Operating Profit	25 000	−50 000	−95 000	−9 000
Financial Income	5 000	102 000	3 000	9 000
Financial Costs	0	0	5 000	0
Financial Balance	5 000	102 000	−2 000	9 000
Dividends	0	0	500 000	0
Net Income	23 000	62 000	−75 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	43 000	32 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	1 259 000	1 259 000	1 259 000	1 259 000
Total Fixed Assets	1 295 000	1 301 000	1 291 000	1 283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	878 000	1 282 000	832 000	923 000
Total Current Assets	915 000	1 383 000	1 427 000	1 525 000
Total Assets	2 209 000	2 684 000	2 717 000	2 808 000
Total Equity	2 205 000	2 181 000	2 119 000	2 694 000
Short-Term Group Debt	3 000	3 000	81 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	16 000	2 000
Unpaid Taxes	2 000	0	2 000	112 000
Dividends	0	0	500 000	0
Other Current Debt	0	500 000	0	0
Total Current Debt	5 000	503 000	598 000	114 000
Total Equity and Debt	2 209 000	2 684 000	2 717 000	2 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,04 %	2,84 %	−3,54 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,72 %	-	−950 %	−1,98 %
Current Ratio	183	2,75	2,39	13,38
Quick Ratio	183	2,75	2,39	13,38
Equity Ratio	1	0,81	0,78	0,96
Gross Profit Margin	100 %	-	100 %	100 %