WELHAVENSVEI 5 AS

4319 SANDNES

Finances

Share Ownership

Return on Equity

18,67 %

Current Ratio

0,73

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 667 000	2 533 000	2 518 000	2 483 000
Net Income	1 467 000	1 331 000	1 328 000	1 164 000
Total Assets	19 461 000	19 673 000	19 835 000	19 798 000
Total Equity	7 858 000	8 405 000	8 123 000	7 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 667 000	2 533 000	2 518 000	2 483 000
Expenditure	682 000	619 000	575 000	607 000
Operating Profit	1 986 000	1 914 000	1 944 000	1 877 000
Financial Income	6 000	7 000	2 000	10 000
Financial Costs	111 000	215 000	244 000	394 000
Financial Balance	−105 000	−208 000	−242 000	−384 000
Earnings Before Tax	1 881 000	1 706 000	1 702 000	1 493 000
Tax	414 000	375 000	374 000	328 000
Net Income	1 467 000	1 331 000	1 328 000	1 164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 126 000	18 473 000	18 819 000	19 166 000
Total Current Assets	1 335 000	1 201 000	1 015 000	632 000
Total Assets	19 461 000	19 673 000	19 835 000	19 798 000
Total Retained Equity	4 272 000	4 819 000	4 537 000	4 258 000
Total Equity	7 858 000	8 405 000	8 123 000	7 844 000
Total Long-Term Debt	9 774 000	9 819 000	10 189 000	10 551 000
Total Current Debt	1 829 000	1 449 000	1 523 000	1 404 000
Total Equity and Debt	19 461 000	19 673 000	19 835 000	19 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 667 000	2 533 000	2 518 000	2 483 000
Other Income	0	0	0	0
Revenue	2 667 000	2 533 000	2 518 000	2 483 000
Cost of Goods Sold	0	0	22 000	20 000
Salary Costs	0	0	0	0
Depreciation	347 000	347 000	347 000	347 000
Impairment	0	0	0	0
Expenditure	682 000	619 000	575 000	607 000
Operating Profit	1 986 000	1 914 000	1 944 000	1 877 000
Financial Income	6 000	7 000	2 000	10 000
Financial Costs	111 000	215 000	244 000	394 000
Financial Balance	−105 000	−208 000	−242 000	−384 000
Dividends	629 000	1 049 000	1 049 000	1 049 000
Net Income	1 467 000	1 331 000	1 328 000	1 164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 126 000	18 473 000	18 819 000	19 166 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 126 000	18 473 000	18 819 000	19 166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 126 000	18 473 000	18 819 000	19 166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 278 000	1 148 000	950 000	554 000
Total Current Assets	1 335 000	1 201 000	1 015 000	632 000
Total Assets	19 461 000	19 673 000	19 835 000	19 798 000
Total Equity	7 858 000	8 405 000	8 123 000	7 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 774 000	9 819 000	10 189 000	10 551 000
Creditors	54 000	56 000	138 000	73 000
Unpaid Taxes	0	0	0	0
Dividends	629 000	1 049 000	1 049 000	1 049 000
Other Current Debt	1 775 000	0	0	0
Total Current Debt	1 829 000	1 449 000	1 523 000	1 404 000
Total Equity and Debt	19 461 000	19 673 000	19 835 000	19 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,67 %	15,84 %	16,35 %	14,84 %
Debt-to-Equity Ratio	1,24	1,17	1,25	1,35
Operating Profit Margin	74,47 %	75,56 %	77,2 %	75,59 %
Current Ratio	0,73	0,83	0,67	0,45
Quick Ratio	0,73	0,83	0,67	0,45
Equity Ratio	0,4	0,43	0,41	0,4
Gross Profit Margin	100 %	100 %	99,13 %	99,19 %