WREC AS

0786 OSLO

Finances

Return on Equity

−0,45 %

Current Ratio

37,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 845 000	1 703 000	451 000	331 000
Net Income	−147 000	2 772 000	2 268 000	2 567 000
Total Assets	33 256 000	34 596 000	32 332 000	27 876 000
Total Equity	32 586 000	32 733 000	29 961 000	27 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 845 000	1 703 000	451 000	331 000
Expenditure	303 000	311 000	252 000	249 000
Operating Profit	2 542 000	1 392 000	200 000	82 000
Financial Income	783 000	2 681 000	2 544 000	2 811 000
Financial Costs	2 851 000	1 026 000	455 000	304 000
Financial Balance	−2 068 000	1 655 000	2 089 000	2 507 000
Earnings Before Tax	473 000	3 047 000	2 290 000	2 588 000
Tax	621 000	275 000	21 000	21 000
Net Income	−147 000	2 772 000	2 268 000	2 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 957 000	7 652 000	7 699 000	1 950 000
Total Current Assets	25 299 000	26 943 000	24 633 000	25 926 000
Total Assets	33 256 000	34 596 000	32 332 000	27 876 000
Total Retained Equity	31 532 000	31 679 000	28 907 000	26 639 000
Total Equity	32 586 000	32 733 000	29 961 000	27 693 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	671 000	1 863 000	2 371 000	183 000
Total Equity and Debt	33 256 000	34 596 000	32 332 000	27 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 652 000	1 555 000	327 000	173 000
Other Income	192 000	149 000	125 000	158 000
Revenue	2 845 000	1 703 000	451 000	331 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	0
Depreciation	90 000	90 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	303 000	311 000	252 000	249 000
Operating Profit	2 542 000	1 392 000	200 000	82 000
Financial Income	783 000	2 681 000	2 544 000	2 811 000
Financial Costs	2 851 000	1 026 000	455 000	304 000
Financial Balance	−2 068 000	1 655 000	2 089 000	2 507 000
Dividends	0	0	0	0
Net Income	−147 000	2 772 000	2 268 000	2 567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	145 000	137 000	129 000
Real Eastate	1 550 000	1 640 000	1 731 000	1 821 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 550 000	1 640 000	1 731 000	1 821 000
Total Fiancial Fixed Assets	6 254 000	5 867 000	5 831 000	0
Total Fixed Assets	7 957 000	7 652 000	7 699 000	1 950 000
Stock	0	0	0	0
Total Investments	23 269 000	25 115 000	23 523 000	24 296 000
Cash, Bank	2 006 000	1 543 000	966 000	1 206 000
Total Current Assets	25 299 000	26 943 000	24 633 000	25 926 000
Total Assets	33 256 000	34 596 000	32 332 000	27 876 000
Total Equity	32 586 000	32 733 000	29 961 000	27 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	0	0	0
Unpaid Taxes	2 000	44 000	0	43 000
Dividends	0	0	0	0
Other Current Debt	36 000	1 536 000	2 342 000	120 000
Total Current Debt	671 000	1 863 000	2 371 000	183 000
Total Equity and Debt	33 256 000	34 596 000	32 332 000	27 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,45 %	8,47 %	7,57 %	9,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,35 %	81,74 %	44,35 %	24,77 %
Current Ratio	37,7	14,46	10,39	141,67
Quick Ratio	37,7	14,46	10,39	141,67
Equity Ratio	0,98	0,95	0,93	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %