WELHAVEN LØCHEN HOLDING AS

4636 KRISTIANSAND S

Finances

Return on Equity

125,43 %

Current Ratio

0,26

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 000	199 000	184 000	184 000
Net Income	1 445 000	2 274 000	576 000	−32 000
Total Assets	2 697 000	2 601 000	1 559 000	1 537 000
Total Equity	1 152 000	1 057 000	983 000	1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 000	199 000	184 000	184 000
Expenditure	190 000	110 000	88 000	231 000
Operating Profit	31 000	89 000	97 000	−47 000
Financial Income	1 600 000	2 206 000	500 000	41 000
Financial Costs	180 000	0	0	24 000
Financial Balance	1 420 000	2 206 000	500 000	17 000
Earnings Before Tax	1 452 000	2 295 000	597 000	−29 000
Tax	7 000	21 000	21 000	3 000
Net Income	1 445 000	2 274 000	576 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 295 000	1 293 000	1 238 000	1 294 000
Total Current Assets	402 000	1 307 000	320 000	243 000
Total Assets	2 697 000	2 601 000	1 559 000	1 537 000
Total Retained Equity	1 052 000	957 000	883 000	1 003 000
Total Equity	1 152 000	1 057 000	983 000	1 103 000
Total Long-Term Debt	27 000	581 000	573 000	430 000
Total Current Debt	1 518 000	962 000	3 000	4 000
Total Equity and Debt	2 697 000	2 601 000	1 559 000	1 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	221 000	199 000	184 000	184 000
Revenue	221 000	199 000	184 000	184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	26 000	26 000	27 000	117 000
Impairment	0	0	0	0
Expenditure	190 000	110 000	88 000	231 000
Operating Profit	31 000	89 000	97 000	−47 000
Financial Income	1 600 000	2 206 000	500 000	41 000
Financial Costs	180 000	0	0	24 000
Financial Balance	1 420 000	2 206 000	500 000	17 000
Dividends	0	0	0	0
Net Income	1 445 000	2 274 000	576 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	1 056 000	1 082 000	1 108 000	1 133 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	106 000	101 000	100 000
Total Tangible Assets	1 165 000	1 188 000	1 208 000	1 233 000
Total Fiancial Fixed Assets	1 130 000	105 000	30 000	53 000
Total Fixed Assets	2 295 000	1 293 000	1 238 000	1 294 000
Stock	0	0	0	0
Total Investments	275 000	307 000	97 000	2 000
Cash, Bank	112 000	577 000	214 000	200 000
Total Current Assets	402 000	1 307 000	320 000	243 000
Total Assets	2 697 000	2 601 000	1 559 000	1 537 000
Total Equity	1 152 000	1 057 000	983 000	1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	581 000	573 000	430 000
Creditors	1 000	0	1 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 517 000	950 000	0	0
Total Current Debt	1 518 000	962 000	3 000	4 000
Total Equity and Debt	2 697 000	2 601 000	1 559 000	1 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,43 %	215,14 %	58,6 %	−2,9 %
Debt-to-Equity Ratio	0,02	0,55	0,58	0,39
Operating Profit Margin	14,03 %	44,72 %	52,72 %	−25,54 %
Current Ratio	0,26	1,36	106,67	60,75
Quick Ratio	0,26	1,36	106,67	60,75
Equity Ratio	0,43	0,41	0,63	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %