WELLE AS

2636 ØYER

Finances

Return on Equity

7,03 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 979 000	47 785 000	59 504 000	63 178 000
Net Income	7 471 000	1 235 000	−1 133 000	−1 711 000
Total Assets	219 143 000	220 472 000	229 602 000	233 739 000
Total Equity	106 333 000	102 267 000	101 032 000	102 165 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 979 000	47 785 000	59 504 000	63 178 000
Expenditure	54 978 000	40 838 000	56 067 000	60 057 000
Operating Profit	14 001 000	6 948 000	3 437 000	3 122 000
Financial Income	145 000	−633 000	477 000	433 000
Financial Costs	4 481 000	4 498 000	5 615 000	4 616 000
Financial Balance	−4 336 000	−5 131 000	−5 138 000	−4 183 000
Earnings Before Tax	9 666 000	1 816 000	−1 702 000	−1 062 000
Tax	2 195 000	581 000	−569 000	649 000
Net Income	7 471 000	1 235 000	−1 133 000	−1 711 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 970 000	198 426 000	208 860 000	216 332 000
Total Current Assets	24 173 000	22 046 000	20 741 000	17 407 000
Total Assets	219 143 000	220 472 000	229 602 000	233 739 000
Total Retained Equity	103 559 000	99 493 000	98 258 000	99 391 000
Total Equity	106 333 000	102 267 000	101 032 000	102 165 000
Total Long-Term Debt	101 922 000	108 018 000	112 607 000	116 658 000
Total Current Debt	10 888 000	10 187 000	15 963 000	14 916 000
Total Equity and Debt	219 143 000	220 472 000	229 602 000	233 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 781 000	33 280 000	53 426 000	59 962 000
Other Income	4 199 000	14 505 000	6 078 000	3 216 000
Revenue	68 979 000	47 785 000	59 504 000	63 178 000
Cost of Goods Sold	6 402 000	3 565 000	5 951 000	6 665 000
Salary Costs	26 194 000	17 896 000	28 843 000	30 047 000
Depreciation	6 347 000	6 034 000	6 177 000	6 195 000
Impairment	0	0	0	0
Expenditure	54 978 000	40 838 000	56 067 000	60 057 000
Operating Profit	14 001 000	6 948 000	3 437 000	3 122 000
Financial Income	145 000	−633 000	477 000	433 000
Financial Costs	4 481 000	4 498 000	5 615 000	4 616 000
Financial Balance	−4 336 000	−5 131 000	−5 138 000	−4 183 000
Dividends	0	0	0	0
Net Income	7 471 000	1 235 000	−1 133 000	−1 711 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 585 000	1 703 000	2 073 000	2 412 000
Total Intangible Assets	23 123 000	26 298 000	27 249 000	27 020 000
Real Eastate	136 254 000	136 375 000	144 181 000	152 021 000
Machinery and Plant Facilities	29 721 000	30 298 000	30 756 000	31 142 000
Fixtures	4 639 000	4 236 000	4 821 000	4 630 000
Total Tangible Assets	170 614 000	170 908 000	179 758 000	187 793 000
Total Fiancial Fixed Assets	1 233 000	1 220 000	1 854 000	1 519 000
Total Fixed Assets	194 970 000	198 426 000	208 860 000	216 332 000
Stock	460 000	426 000	704 000	729 000
Total Investments	8 698 000	8 698 000	8 698 000	8 747 000
Cash, Bank	11 519 000	1 202 000	312 000	4 412 000
Total Current Assets	24 173 000	22 046 000	20 741 000	17 407 000
Total Assets	219 143 000	220 472 000	229 602 000	233 739 000
Total Equity	106 333 000	102 267 000	101 032 000	102 165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 922 000	108 018 000	112 607 000	116 658 000
Creditors	2 828 000	2 148 000	4 203 000	3 080 000
Unpaid Taxes	2 153 000	252 000	2 309 000	2 157 000
Dividends	0	0	0	0
Other Current Debt	5 507 000	7 786 000	9 451 000	9 678 000
Total Current Debt	10 888 000	10 187 000	15 963 000	14 916 000
Total Equity and Debt	219 143 000	220 472 000	229 602 000	233 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,03 %	1,21 %	−1,12 %	−1,67 %
Debt-to-Equity Ratio	0,96	1,06	1,11	1,14
Operating Profit Margin	20,3 %	14,54 %	5,78 %	4,94 %
Current Ratio	2,22	2,16	1,3	1,17
Quick Ratio	2,32	2,26	1,36	1,23
Equity Ratio	0,49	0,46	0,44	0,44
Gross Profit Margin	90,72 %	92,54 %	90 %	89,45 %