WELLCO EIENDOM AS

4319 SANDNES

Finances

Return on Equity

2,64 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 491 000	12 961 000	2 325 000	6 600 000
Net Income	682 000	3 634 000	830 000	10 009 000
Total Assets	44 161 000	30 669 000	36 913 000	35 902 000
Total Equity	25 844 000	25 663 000	22 028 000	21 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 491 000	12 961 000	2 325 000	6 600 000
Expenditure	1 661 000	1 635 000	3 422 000	3 352 000
Operating Profit	1 830 000	1 625 000	1 195 000	−2 122 000
Financial Income	196 000	2 594 000	232 000	12 269 000
Financial Costs	971 000	217 000	540 000	519 000
Financial Balance	−775 000	2 377 000	−308 000	11 750 000
Earnings Before Tax	1 055 000	4 003 000	887 000	9 627 000
Tax	0	0	0	0
Net Income	682 000	3 634 000	830 000	10 009 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 786 000	24 816 000	26 515 000	26 125 000
Total Current Assets	4 376 000	5 853 000	10 398 000	9 777 000
Total Assets	44 161 000	30 669 000	36 913 000	35 902 000
Total Retained Equity	25 640 000	25 459 000	21 824 000	20 994 000
Total Equity	25 844 000	25 663 000	22 028 000	21 198 000
Total Long-Term Debt	15 748 000	4 721 000	13 190 000	13 670 000
Total Current Debt	2 569 000	285 000	1 695 000	1 034 000
Total Equity and Debt	44 161 000	30 669 000	36 913 000	35 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 431 000	3 196 000	2 325 000	1 700 000
Other Income	60 000	9 765 000	0	4 900 000
Revenue	3 491 000	12 961 000	2 325 000	6 600 000
Cost of Goods Sold	10 000	313 000	2 294 000	0
Salary Costs	0	0	0	0
Depreciation	340 000	276 000	276 000	276 000
Impairment	0	0	0	0
Expenditure	1 661 000	1 635 000	3 422 000	3 352 000
Operating Profit	1 830 000	1 625 000	1 195 000	−2 122 000
Financial Income	196 000	2 594 000	232 000	12 269 000
Financial Costs	971 000	217 000	540 000	519 000
Financial Balance	−775 000	2 377 000	−308 000	11 750 000
Dividends	500 000	0	0	0
Net Income	682 000	3 634 000	830 000	10 009 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 600 000	1 600 000	1 600 000	1 600 000
Machinery and Plant Facilities	28 894 000	16 183 000	11 743 000	12 018 000
Fixtures	0	0	0	0
Total Tangible Assets	30 493 000	17 782 000	13 342 000	13 618 000
Total Fiancial Fixed Assets	9 292 000	7 034 000	13 173 000	12 507 000
Total Fixed Assets	39 786 000	24 816 000	26 515 000	26 125 000
Stock	0	0	9 810 000	7 519 000
Total Investments	984 000	1 030 000	0	0
Cash, Bank	2 700 000	1 693 000	50 000	1 746 000
Total Current Assets	4 376 000	5 853 000	10 398 000	9 777 000
Total Assets	44 161 000	30 669 000	36 913 000	35 902 000
Total Equity	25 844 000	25 663 000	22 028 000	21 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 748 000	4 721 000	13 190 000	13 670 000
Creditors	1 099 000	136 000	1 264 000	691 000
Unpaid Taxes	102 000	54 000	69 000	60 000
Dividends	500 000	0	0	0
Other Current Debt	205 000	96 000	362 000	282 000
Total Current Debt	2 569 000	285 000	1 695 000	1 034 000
Total Equity and Debt	44 161 000	30 669 000	36 913 000	35 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,64 %	14,16 %	3,77 %	47,22 %
Debt-to-Equity Ratio	0,61	0,18	0,6	0,64
Operating Profit Margin	52,42 %	12,54 %	51,4 %	−32,15 %
Current Ratio	1,7	20,54	6,13	9,46
Quick Ratio	1,7	20,54	−1,28	−1,51
Equity Ratio	0,59	0,84	0,6	0,59
Gross Profit Margin	99,71 %	97,59 %	1,33 %	100 %