WEDELSBORG AS

1405 LANGHUS

Finances

Return on Equity

−8,59 %

Current Ratio

39,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	12 000	4 000	26 000
Net Income	−176 000	−79 000	203 000	299 000
Total Assets	2 067 000	2 265 000	2 404 000	2 215 000
Total Equity	2 050 000	2 226 000	2 305 000	2 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	12 000	4 000	26 000
Expenditure	260 000	251 000	247 000	260 000
Operating Profit	−256 000	−239 000	−242 000	−233 000
Financial Income	80 000	168 000	511 000	624 000
Financial Costs	0	1 000	2 000	1 000
Financial Balance	80 000	167 000	509 000	623 000
Earnings Before Tax	−176 000	−72 000	266 000	389 000
Tax	0	7 000	63 000	90 000
Net Income	−176 000	−79 000	203 000	299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 398 000	1 398 000	1 404 000	1 478 000
Total Current Assets	669 000	867 000	1 000 000	737 000
Total Assets	2 067 000	2 265 000	2 404 000	2 215 000
Total Retained Equity	1 595 000	1 771 000	1 850 000	1 647 000
Total Equity	2 050 000	2 226 000	2 305 000	2 102 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	39 000	99 000	113 000
Total Equity and Debt	2 067 000	2 265 000	2 404 000	2 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 000	12 000	4 000	26 000
Revenue	4 000	12 000	4 000	26 000
Cost of Goods Sold	0	0	0	0
Salary Costs	62 000	78 000	62 000	73 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	260 000	251 000	247 000	260 000
Operating Profit	−256 000	−239 000	−242 000	−233 000
Financial Income	80 000	168 000	511 000	624 000
Financial Costs	0	1 000	2 000	1 000
Financial Balance	80 000	167 000	509 000	623 000
Dividends	0	0	203 000	299 000
Net Income	−176 000	−79 000	203 000	299 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 398 000	1 398 000	1 398 000	1 469 000
Total Fixed Assets	1 398 000	1 398 000	1 404 000	1 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	666 000	678 000	962 000	682 000
Total Current Assets	669 000	867 000	1 000 000	737 000
Total Assets	2 067 000	2 265 000	2 404 000	2 215 000
Total Equity	2 050 000	2 226 000	2 305 000	2 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	8 000	0
Unpaid Taxes	11 000	12 000	9 000	9 000
Dividends	0	0	203 000	299 000
Other Current Debt	5 000	27 000	20 000	21 000
Total Current Debt	17 000	39 000	99 000	113 000
Total Equity and Debt	2 067 000	2 265 000	2 404 000	2 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,59 %	−3,55 %	8,81 %	14,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6 400 %	−1 991,67 %	−6 050 %	−896,15 %
Current Ratio	39,35	22,23	10,1	6,52
Quick Ratio	39,35	22,23	10,1	6,52
Equity Ratio	0,99	0,98	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %