WESSEL ENTREPRENØR AS

6699 KJØRSVIKBUGEN

Finances

Share Ownership

Return on Equity

−8,8 %

Current Ratio

0,49

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 270 000	9 241 000	5 074 000	7 196 000
Net Income	−201 000	996 000	−522 000	698 000
Total Assets	5 857 000	5 868 000	5 207 000	5 562 000
Total Equity	2 283 000	3 127 000	2 131 000	2 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 270 000	9 241 000	5 074 000	7 196 000
Expenditure	14 359 000	7 795 000	5 615 000	6 141 000
Operating Profit	−88 000	1 446 000	−541 000	1 055 000
Financial Income	1 000	2 000	6 000	0
Financial Costs	152 000	172 000	123 000	159 000
Financial Balance	−151 000	−170 000	−117 000	−159 000
Earnings Before Tax	−239 000	1 277 000	−657 000	895 000
Tax	−38 000	281 000	−136 000	198 000
Net Income	−201 000	996 000	−522 000	698 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 548 000	4 216 000	4 309 000	4 367 000
Total Current Assets	1 309 000	1 652 000	899 000	1 196 000
Total Assets	5 857 000	5 868 000	5 207 000	5 562 000
Total Retained Equity	2 183 000	3 027 000	2 031 000	2 553 000
Total Equity	2 283 000	3 127 000	2 131 000	2 653 000
Total Long-Term Debt	895 000	938 000	2 417 000	2 090 000
Total Current Debt	2 679 000	1 803 000	659 000	820 000
Total Equity and Debt	5 857 000	5 868 000	5 207 000	5 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 270 000	9 241 000	5 074 000	6 133 000
Other Income	0	0	0	1 063 000
Revenue	14 270 000	9 241 000	5 074 000	7 196 000
Cost of Goods Sold	1 790 000	1 164 000	1 316 000	2 055 000
Salary Costs	4 817 000	2 053 000	924 000	1 058 000
Depreciation	1 027 000	1 025 000	938 000	885 000
Impairment	0	0	0	0
Expenditure	14 359 000	7 795 000	5 615 000	6 141 000
Operating Profit	−88 000	1 446 000	−541 000	1 055 000
Financial Income	1 000	2 000	6 000	0
Financial Costs	152 000	172 000	123 000	159 000
Financial Balance	−151 000	−170 000	−117 000	−159 000
Dividends	643 000	0	0	0
Net Income	−201 000	996 000	−522 000	698 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 002 000	1 061 000	1 120 000	966 000
Machinery and Plant Facilities	1 484 000	1 761 000	1 975 000	2 335 000
Fixtures	1 202 000	930 000	702 000	864 000
Total Tangible Assets	3 782 000	4 027 000	4 309 000	4 911 000
Total Fiancial Fixed Assets	766 000	189 000	0	−545 000
Total Fixed Assets	4 548 000	4 216 000	4 309 000	4 367 000
Stock	20 000	20 000	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	839 000	22 000	379 000	7 000
Total Current Assets	1 309 000	1 652 000	899 000	1 196 000
Total Assets	5 857 000	5 868 000	5 207 000	5 562 000
Total Equity	2 283 000	3 127 000	2 131 000	2 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	895 000	938 000	2 417 000	2 090 000
Creditors	731 000	555 000	372 000	0
Unpaid Taxes	728 000	285 000	84 000	18 000
Dividends	643 000	0	0	0
Other Current Debt	571 000	231 000	204 000	577 000
Total Current Debt	2 679 000	1 803 000	659 000	820 000
Total Equity and Debt	5 857 000	5 868 000	5 207 000	5 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,8 %	31,85 %	−24,5 %	26,31 %
Debt-to-Equity Ratio	0,39	0,3	1,13	0,79
Operating Profit Margin	−0,62 %	15,65 %	−10,66 %	14,66 %
Current Ratio	0,49	0,92	1,36	1,46
Quick Ratio	0,49	0,93	1,41	1,5
Equity Ratio	0,39	0,53	0,41	0,48
Gross Profit Margin	87,46 %	87,4 %	74,06 %	71,44 %