WERGELAND BEDRIFTSUTVIKLING AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

145,84 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 607 000	16 238 000	14 160 000	13 309 000
Net Income	3 872 000	3 952 000	3 351 000	3 183 000
Total Assets	10 611 000	10 612 000	9 320 000	8 988 000
Total Equity	2 655 000	2 261 000	2 145 000	2 294 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 607 000	16 238 000	14 160 000	13 309 000
Expenditure	11 663 000	11 145 000	9 863 000	9 307 000
Operating Profit	4 943 000	5 094 000	4 298 000	4 001 000
Financial Income	182 000	88 000	27 000	49 000
Financial Costs	81 000	78 000	3 000	1 000
Financial Balance	101 000	10 000	24 000	48 000
Earnings Before Tax	5 044 000	5 104 000	4 322 000	4 049 000
Tax	1 172 000	1 152 000	971 000	866 000
Net Income	3 872 000	3 952 000	3 351 000	3 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	10 611 000	10 612 000	9 320 000	8 988 000
Total Assets	10 611 000	10 612 000	9 320 000	8 988 000
Total Retained Equity	2 533 000	2 162 000	2 053 000	2 202 000
Total Equity	2 655 000	2 261 000	2 145 000	2 294 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 956 000	8 352 000	7 175 000	6 694 000
Total Equity and Debt	10 611 000	10 612 000	9 320 000	8 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 607 000	16 238 000	14 140 000	13 309 000
Other Income	0	0	20 000	0
Revenue	16 607 000	16 238 000	14 160 000	13 309 000
Cost of Goods Sold	654 000	1 318 000	1 320 000	1 003 000
Salary Costs	9 429 000	8 779 000	7 284 000	6 647 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 663 000	11 145 000	9 863 000	9 307 000
Operating Profit	4 943 000	5 094 000	4 298 000	4 001 000
Financial Income	182 000	88 000	27 000	49 000
Financial Costs	81 000	78 000	3 000	1 000
Financial Balance	101 000	10 000	24 000	48 000
Dividends	3 500 000	4 000 000	3 500 000	3 000 000
Net Income	3 872 000	3 952 000	3 351 000	3 183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	3 090 000	4 003 000	0	0
Cash, Bank	5 129 000	4 659 000	7 665 000	7 332 000
Total Current Assets	10 611 000	10 612 000	9 320 000	8 988 000
Total Assets	10 611 000	10 612 000	9 320 000	8 988 000
Total Equity	2 655 000	2 261 000	2 145 000	2 294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	163 000	274 000	314 000
Unpaid Taxes	1 408 000	1 204 000	1 037 000	1 039 000
Dividends	3 500 000	4 000 000	3 500 000	3 000 000
Other Current Debt	1 823 000	1 834 000	1 393 000	1 476 000
Total Current Debt	7 956 000	8 352 000	7 175 000	6 694 000
Total Equity and Debt	10 611 000	10 612 000	9 320 000	8 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	145,84 %	174,79 %	156,22 %	138,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,76 %	31,37 %	30,35 %	30,06 %
Current Ratio	1,33	1,27	1,3	1,34
Quick Ratio	1,33	1,27	1,3	1,34
Equity Ratio	0,25	0,21	0,23	0,26
Gross Profit Margin	96,06 %	91,88 %	90,68 %	92,46 %