WELHAVENSGT. 1 AS

2821 GJØVIK

Finances

Share Ownership

Return on Equity

8,37 %

Current Ratio

12,61

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	746 000	696 000	718 000	709 000
Net Income	205 000	267 000	253 000	302 000
Total Assets	3 209 000	2 998 000	2 966 000	2 549 000
Total Equity	2 448 000	2 243 000	1 976 000	1 723 000

Income (NOK)	2022	2021	2020	2019
Revenue	746 000	696 000	718 000	709 000
Expenditure	483 000	353 000	393 000	322 000
Operating Profit	263 000	343 000	324 000	387 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	263 000	343 000	324 000	387 000
Tax	58 000	75 000	71 000	85 000
Net Income	205 000	267 000	253 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	784 000	882 000	980 000
Total Current Assets	2 521 000	2 214 000	2 085 000	1 569 000
Total Assets	3 209 000	2 998 000	2 966 000	2 549 000
Total Retained Equity	2 316 000	2 111 000	1 844 000	1 591 000
Total Equity	2 448 000	2 243 000	1 976 000	1 723 000
Total Long-Term Debt	561 000	561 000	661 000	661 000
Total Current Debt	200 000	194 000	329 000	164 000
Total Equity and Debt	3 209 000	2 998 000	2 966 000	2 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	746 000	696 000	718 000	709 000
Revenue	746 000	696 000	718 000	709 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	105 000	105 000	105 000	105 000
Impairment	0	0	0	0
Expenditure	483 000	353 000	393 000	322 000
Operating Profit	263 000	343 000	324 000	387 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	205 000	267 000	253 000	302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	380 000	371 000	363 000	356 000
Real Eastate	308 000	413 000	518 000	623 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	308 000	413 000	518 000	623 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	688 000	784 000	882 000	980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 507 000	2 121 000	1 969 000	1 552 000
Total Current Assets	2 521 000	2 214 000	2 085 000	1 569 000
Total Assets	3 209 000	2 998 000	2 966 000	2 549 000
Total Equity	2 448 000	2 243 000	1 976 000	1 723 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	561 000	561 000	661 000	661 000
Creditors	23 000	6 000	18 000	5 000
Unpaid Taxes	54 000	52 000	61 000	62 000
Dividends	0	0	0	0
Other Current Debt	56 000	53 000	172 000	6 000
Total Current Debt	200 000	194 000	329 000	164 000
Total Equity and Debt	3 209 000	2 998 000	2 966 000	2 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,37 %	11,9 %	12,8 %	17,53 %
Debt-to-Equity Ratio	0,23	0,25	0,33	0,38
Operating Profit Margin	35,25 %	49,28 %	45,13 %	54,58 %
Current Ratio	12,61	11,41	6,34	9,57
Quick Ratio	12,61	11,41	6,34	9,57
Equity Ratio	0,76	0,75	0,67	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %