WERGELAND INVEST AS

5067 BERGEN

Finances

Return on Equity

375,44 %

Current Ratio

1,12

Debt-to-Equity Ratio

167,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 395 000	2 193 000	2 106 000	2 082 000
Net Income	428 000	346 000	374 000	254 000
Total Assets	20 241 000	20 836 000	21 468 000	14 768 000
Total Equity	114 000	136 000	140 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 395 000	2 193 000	2 106 000	2 082 000
Expenditure	1 510 000	1 302 000	1 156 000	1 250 000
Operating Profit	885 000	890 000	950 000	832 000
Financial Income	378 000	302 000	69 000	36 000
Financial Costs	714 000	749 000	540 000	542 000
Financial Balance	−336 000	−447 000	−471 000	−506 000
Earnings Before Tax	549 000	444 000	479 000	326 000
Tax	121 000	98 000	105 000	72 000
Net Income	428 000	346 000	374 000	254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 090 000	12 451 000	12 873 000	13 130 000
Total Current Assets	1 152 000	8 385 000	8 595 000	1 637 000
Total Assets	20 241 000	20 836 000	21 468 000	14 768 000
Total Retained Equity	14 000	36 000	40 000	16 000
Total Equity	114 000	136 000	140 000	116 000
Total Long-Term Debt	19 099 000	19 693 000	20 485 000	13 920 000
Total Current Debt	1 028 000	1 007 000	843 000	732 000
Total Equity and Debt	20 241 000	20 836 000	21 468 000	14 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 395 000	2 193 000	2 106 000	2 082 000
Revenue	2 395 000	2 193 000	2 106 000	2 082 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 000	23 000	0	23 000
Depreciation	476 000	476 000	461 000	458 000
Impairment	0	0	0	0
Expenditure	1 510 000	1 302 000	1 156 000	1 250 000
Operating Profit	885 000	890 000	950 000	832 000
Financial Income	378 000	302 000	69 000	36 000
Financial Costs	714 000	749 000	540 000	542 000
Financial Balance	−336 000	−447 000	−471 000	−506 000
Dividends	450 000	350 000	350 000	240 000
Net Income	428 000	346 000	374 000	254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	335 000	281 000	227 000	174 000
Real Eastate	11 674 000	12 143 000	12 613 000	12 956 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	11 000	18 000	0
Total Tangible Assets	11 679 000	12 155 000	12 631 000	12 956 000
Total Fiancial Fixed Assets	7 076 000	15 000	15 000	0
Total Fixed Assets	19 090 000	12 451 000	12 873 000	13 130 000
Stock	237 000	237 000	0	0
Total Investments	0	0	0	0
Cash, Bank	25 000	9 000	4 000	0
Total Current Assets	1 152 000	8 385 000	8 595 000	1 637 000
Total Assets	20 241 000	20 836 000	21 468 000	14 768 000
Total Equity	114 000	136 000	140 000	116 000
Short-Term Group Debt	0	110 000	88 000	0
Total Long-Term Debt	19 099 000	19 693 000	20 485 000	13 920 000
Creditors	78 000	65 000	106 000	98 000
Unpaid Taxes	15 000	12 000	3 000	22 000
Dividends	450 000	350 000	350 000	240 000
Other Current Debt	311 000	318 000	137 000	10 000
Total Current Debt	1 028 000	1 007 000	843 000	732 000
Total Equity and Debt	20 241 000	20 836 000	21 468 000	14 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	375,44 %	254,41 %	267,14 %	218,97 %
Debt-to-Equity Ratio	167,54	144,8	146,32	120
Operating Profit Margin	36,95 %	40,58 %	45,11 %	39,96 %
Current Ratio	1,12	8,33	10,2	2,24
Quick Ratio	1,46	10,89	10,2	2,24
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %