WELHAVENS GATE 52 AS

5073 BERGEN

Finances

Share Ownership

Return on Equity

35,79 %

Current Ratio

5,82

Debt-to-Equity Ratio

10,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 277 000	1 455 000	1 330 000	1 401 000
Net Income	209 000	179 000	599 000	683 000
Total Assets	7 309 000	8 417 000	9 064 000	9 603 000
Total Equity	584 000	536 000	598 000	554 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 277 000	1 455 000	1 330 000	1 401 000
Expenditure	711 000	857 000	216 000	172 000
Operating Profit	567 000	599 000	1 114 000	1 229 000
Financial Income	0	0	19 000	−97 000
Financial Costs	299 000	369 000	365 000	256 000
Financial Balance	−299 000	−369 000	−346 000	−353 000
Earnings Before Tax	268 000	230 000	768 000	875 000
Tax	59 000	51 000	169 000	193 000
Net Income	209 000	179 000	599 000	683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 401 000	4 467 000	8 941 000	9 006 000
Total Current Assets	2 908 000	3 951 000	123 000	597 000
Total Assets	7 309 000	8 417 000	9 064 000	9 603 000
Total Retained Equity	84 000	36 000	98 000	54 000
Total Equity	584 000	536 000	598 000	554 000
Total Long-Term Debt	6 224 000	7 294 000	7 512 000	7 908 000
Total Current Debt	500 000	588 000	953 000	1 141 000
Total Equity and Debt	7 309 000	8 417 000	9 064 000	9 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 277 000	1 455 000	1 330 000	1 401 000
Revenue	1 277 000	1 455 000	1 330 000	1 401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	556 000	342 000	0	0
Depreciation	66 000	66 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	711 000	857 000	216 000	172 000
Operating Profit	567 000	599 000	1 114 000	1 229 000
Financial Income	0	0	19 000	−97 000
Financial Costs	299 000	369 000	365 000	256 000
Financial Balance	−299 000	−369 000	−346 000	−353 000
Dividends	0	0	0	0
Net Income	209 000	179 000	599 000	683 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 401 000	4 467 000	8 941 000	9 006 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 401 000	4 467 000	8 941 000	9 006 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 401 000	4 467 000	8 941 000	9 006 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 831 000	3 833 000	0	0
Total Current Assets	2 908 000	3 951 000	123 000	597 000
Total Assets	7 309 000	8 417 000	9 064 000	9 603 000
Total Equity	584 000	536 000	598 000	554 000
Short-Term Group Debt	206 000	311 000	711 000	807 000
Total Long-Term Debt	6 224 000	7 294 000	7 512 000	7 908 000
Creditors	6 000	6 000	26 000	14 000
Unpaid Taxes	129 000	88 000	48 000	29 000
Dividends	0	0	0	0
Other Current Debt	160 000	184 000	166 000	116 000
Total Current Debt	500 000	588 000	953 000	1 141 000
Total Equity and Debt	7 309 000	8 417 000	9 064 000	9 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,79 %	33,4 %	100,17 %	123,29 %
Debt-to-Equity Ratio	10,66	13,61	12,56	14,27
Operating Profit Margin	44,4 %	41,17 %	83,76 %	87,72 %
Current Ratio	5,82	6,72	0,13	0,52
Quick Ratio	5,82	6,72	0,13	0,52
Equity Ratio	0,08	0,06	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %