WESSEL AS

3474 ÅROS

Finances

Return on Equity

30,17 %

Current Ratio

2,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 427 000	−2 091 000	2 500 000	1 419 000
Total Assets	14 340 000	14 915 000	18 494 000	16 692 000
Total Equity	11 360 000	9 933 000	16 023 000	15 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	−251 000	5 388 000	58 000	55 000
Operating Profit	251 000	−5 388 000	−58 000	−55 000
Financial Income	4 204 000	4 214 000	3 266 000	1 891 000
Financial Costs	113 000	0	3 000	15 000
Financial Balance	4 091 000	4 214 000	3 263 000	1 876 000
Earnings Before Tax	4 342 000	−1 174 000	3 205 000	1 822 000
Tax	915 000	917 000	706 000	403 000
Net Income	3 427 000	−2 091 000	2 500 000	1 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 092 000	8 373 000	13 970 000	11 328 000
Total Current Assets	6 248 000	6 541 000	4 524 000	5 363 000
Total Assets	14 340 000	14 915 000	18 494 000	16 692 000
Total Retained Equity	11 252 000	9 825 000	15 916 000	14 916 000
Total Equity	11 360 000	9 933 000	16 023 000	15 024 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 980 000	4 982 000	2 471 000	1 668 000
Total Equity and Debt	14 340 000	14 915 000	18 494 000	16 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−251 000	5 388 000	58 000	55 000
Operating Profit	251 000	−5 388 000	−58 000	−55 000
Financial Income	4 204 000	4 214 000	3 266 000	1 891 000
Financial Costs	113 000	0	3 000	15 000
Financial Balance	4 091 000	4 214 000	3 263 000	1 876 000
Dividends	2 000 000	0	1 500 000	1 000 000
Net Income	3 427 000	−2 091 000	2 500 000	1 419 000

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	8 092 000	8 373 000	13 970 000	11 328 000
Total Fixed Assets	8 092 000	8 373 000	13 970 000	11 328 000
Stock	0	0	0	0
Total Investments	0	0	39 000	39 000
Cash, Bank	2 141 000	2 506 000	1 394 000	436 000
Total Current Assets	6 248 000	6 541 000	4 524 000	5 363 000
Total Assets	14 340 000	14 915 000	18 494 000	16 692 000
Total Equity	11 360 000	9 933 000	16 023 000	15 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	0	1 500 000	1 000 000
Other Current Debt	65 000	4 065 000	265 000	265 000
Total Current Debt	2 980 000	4 982 000	2 471 000	1 668 000
Total Equity and Debt	14 340 000	14 915 000	18 494 000	16 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,17 %	−21,05 %	15,6 %	9,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,1	1,31	1,83	3,22
Quick Ratio	2,1	1,31	1,83	3,22
Equity Ratio	0,79	0,67	0,87	0,9
Gross Profit Margin	-	-	-	-