WETHAL ELEKTROENTREPRENØR AS

1067 OSLO

Finances

Share Ownership

Return on Equity

230,55 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 495 000	39 372 000	29 745 000	32 960 000
Net Income	1 932 000	4 300 000	2 310 000	1 692 000
Total Assets	19 915 000	15 517 000	10 429 000	12 741 000
Total Equity	838 000	1 799 000	563 000	1 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 495 000	39 372 000	29 745 000	32 960 000
Expenditure	52 956 000	33 871 000	26 769 000	30 690 000
Operating Profit	2 540 000	5 501 000	2 977 000	2 269 000
Financial Income	0	19 000	16 000	22 000
Financial Costs	49 000	5 000	32 000	109 000
Financial Balance	−49 000	14 000	−16 000	−87 000
Earnings Before Tax	2 491 000	5 515 000	2 961 000	2 182 000
Tax	559 000	1 215 000	651 000	491 000
Net Income	1 932 000	4 300 000	2 310 000	1 692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	681 000	773 000	614 000	139 000
Total Current Assets	19 234 000	14 744 000	9 814 000	12 602 000
Total Assets	19 915 000	15 517 000	10 429 000	12 741 000
Total Retained Equity	738 000	1 699 000	463 000	1 553 000
Total Equity	838 000	1 799 000	563 000	1 653 000
Total Long-Term Debt	324 000	580 000	229 000	726 000
Total Current Debt	18 754 000	13 138 000	9 636 000	10 362 000
Total Equity and Debt	19 915 000	15 517 000	10 429 000	12 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 495 000	39 372 000	29 706 000	32 960 000
Other Income	0	0	39 000	0
Revenue	55 495 000	39 372 000	29 745 000	32 960 000
Cost of Goods Sold	29 686 000	16 807 000	12 298 000	15 079 000
Salary Costs	17 701 000	13 424 000	11 648 000	12 181 000
Depreciation	92 000	60 000	36 000	6 000
Impairment	0	0	0	0
Expenditure	52 956 000	33 871 000	26 769 000	30 690 000
Operating Profit	2 540 000	5 501 000	2 977 000	2 269 000
Financial Income	0	19 000	16 000	22 000
Financial Costs	49 000	5 000	32 000	109 000
Financial Balance	−49 000	14 000	−16 000	−87 000
Dividends	0	0	3 400 000	2 000 000
Net Income	1 932 000	4 300 000	2 310 000	1 692 000

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	225 000	236 000	182 000	66 000
Total Tangible Assets	225 000	236 000	182 000	66 000
Total Fiancial Fixed Assets	456 000	538 000	432 000	73 000
Total Fixed Assets	681 000	773 000	614 000	139 000
Stock	30 000	100 000	83 000	0
Total Investments	0	0	0	0
Cash, Bank	862 000	4 060 000	3 442 000	5 495 000
Total Current Assets	19 234 000	14 744 000	9 814 000	12 602 000
Total Assets	19 915 000	15 517 000	10 429 000	12 741 000
Total Equity	838 000	1 799 000	563 000	1 653 000
Short-Term Group Debt	8 022 000	3 929 000	0	0
Total Long-Term Debt	324 000	580 000	229 000	726 000
Creditors	5 647 000	4 565 000	2 111 000	1 838 000
Unpaid Taxes	2 397 000	1 964 000	1 553 000	2 086 000
Dividends	0	0	3 400 000	2 000 000
Other Current Debt	2 688 000	2 680 000	1 425 000	3 800 000
Total Current Debt	18 754 000	13 138 000	9 636 000	10 362 000
Total Equity and Debt	19 915 000	15 517 000	10 429 000	12 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	230,55 %	239,02 %	410,3 %	102,36 %
Debt-to-Equity Ratio	0,39	0,32	0,41	0,44
Operating Profit Margin	4,58 %	13,97 %	10,01 %	6,88 %
Current Ratio	1,03	1,12	1,02	1,22
Quick Ratio	1,03	1,13	1,03	1,22
Equity Ratio	0,04	0,12	0,05	0,13
Gross Profit Margin	46,51 %	57,31 %	58,66 %	54,25 %