WESSELSGATE 26 AS

7053 RANHEIM

Finances

Share Ownership

Return on Equity

47,47 %

Current Ratio

1,14

Debt-to-Equity Ratio

51,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 528 000	2 508 000	1 357 000	1 286 000
Net Income	141 000	965 000	−660 000	142 000
Total Assets	16 047 000	16 952 000	15 939 000	15 832 000
Total Equity	297 000	156 000	−595 000	65 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 528 000	2 508 000	1 357 000	1 286 000
Expenditure	1 402 000	733 000	1 245 000	676 000
Operating Profit	126 000	1 775 000	111 000	609 000
Financial Income	14 000	4 000	4 000	4 000
Financial Costs	0	814 000	775 000	471 000
Financial Balance	14 000	−810 000	−771 000	−467 000
Earnings Before Tax	141 000	965 000	−660 000	142 000
Tax	0	0	0	0
Net Income	141 000	965 000	−660 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 688 000	15 000 000	15 003 000	15 007 000
Total Current Assets	359 000	1 952 000	936 000	825 000
Total Assets	16 047 000	16 952 000	15 939 000	15 832 000
Total Retained Equity	197 000	56 000	−695 000	−35 000
Total Equity	297 000	156 000	−595 000	65 000
Total Long-Term Debt	15 436 000	16 398 000	16 282 000	15 507 000
Total Current Debt	315 000	398 000	252 000	260 000
Total Equity and Debt	16 047 000	16 952 000	15 939 000	15 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 528 000	2 508 000	1 357 000	1 286 000
Revenue	1 528 000	2 508 000	1 357 000	1 286 000
Cost of Goods Sold	0	12 000	11 000	0
Salary Costs	846 000	0	0	0
Depreciation	0	3 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	1 402 000	733 000	1 245 000	676 000
Operating Profit	126 000	1 775 000	111 000	609 000
Financial Income	14 000	4 000	4 000	4 000
Financial Costs	0	814 000	775 000	471 000
Financial Balance	14 000	−810 000	−771 000	−467 000
Dividends	0	0	0	0
Net Income	141 000	965 000	−660 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 000 000	15 000 000	15 000 000	15 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	7 000
Total Tangible Assets	15 000 000	15 000 000	15 003 000	15 007 000
Total Fiancial Fixed Assets	688 000	0	0	0
Total Fixed Assets	15 688 000	15 000 000	15 003 000	15 007 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	1 952 000	825 000	722 000
Total Current Assets	359 000	1 952 000	936 000	825 000
Total Assets	16 047 000	16 952 000	15 939 000	15 832 000
Total Equity	297 000	156 000	−595 000	65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 436 000	16 398 000	16 282 000	15 507 000
Creditors	−19 000	275 000	163 000	254 000
Unpaid Taxes	68 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	266 000	123 000	89 000	6 000
Total Current Debt	315 000	398 000	252 000	260 000
Total Equity and Debt	16 047 000	16 952 000	15 939 000	15 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,47 %	618,59 %	110,92 %	218,46 %
Debt-to-Equity Ratio	51,97	105,12	−27,36	238,57
Operating Profit Margin	8,25 %	70,77 %	8,18 %	47,36 %
Current Ratio	1,14	4,9	3,71	3,17
Quick Ratio	1,14	4,9	3,71	3,17
Equity Ratio	0,02	0,01	−0,04	0
Gross Profit Margin	100 %	99,52 %	99,19 %	100 %