WERGELANDSVEIEN AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−135,84 %

Current Ratio

56,39

Debt-to-Equity Ratio

5,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 368 000	0	602 000	6 317 000
Net Income	−57 066 000	−7 309 000	−3 962 000	1 905 000
Total Assets	255 219 000	198 708 000	140 629 000	96 132 000
Total Equity	42 010 000	13 701 000	21 010 000	21 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 368 000	0	602 000	6 317 000
Expenditure	71 258 000	5 499 000	2 617 000	1 962 000
Operating Profit	−66 890 000	−5 499 000	−2 016 000	4 356 000
Financial Income	69 000	68 000	18 000	14 000
Financial Costs	6 341 000	3 935 000	3 081 000	1 928 000
Financial Balance	−6 272 000	−3 867 000	−3 063 000	−1 914 000
Earnings Before Tax	−73 162 000	−9 367 000	−5 079 000	2 442 000
Tax	−16 096 000	−2 058 000	−1 117 000	537 000
Net Income	−57 066 000	−7 309 000	−3 962 000	1 905 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 788 000	188 243 000	134 845 000	94 058 000
Total Current Assets	89 431 000	10 465 000	5 784 000	2 073 000
Total Assets	255 219 000	198 708 000	140 629 000	96 132 000
Total Retained Equity	0	−6 808 000	500 000	4 462 000
Total Equity	42 010 000	13 701 000	21 010 000	21 539 000
Total Long-Term Debt	211 623 000	169 356 000	114 743 000	15 263 000
Total Current Debt	1 586 000	15 650 000	4 876 000	59 329 000
Total Equity and Debt	255 219 000	198 708 000	140 629 000	96 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 201 000	0	602 000	6 317 000
Other Income	166 000	0	0	0
Revenue	4 368 000	0	602 000	6 317 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 909 000	1 305 000	1 280 000	1 280 000
Impairment	0	0	0	0
Expenditure	71 258 000	5 499 000	2 617 000	1 962 000
Operating Profit	−66 890 000	−5 499 000	−2 016 000	4 356 000
Financial Income	69 000	68 000	18 000	14 000
Financial Costs	6 341 000	3 935 000	3 081 000	1 928 000
Financial Balance	−6 272 000	−3 867 000	−3 063 000	−1 914 000
Dividends	0	0	0	0
Net Income	−57 066 000	−7 309 000	−3 962 000	1 905 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 399 000	0	0	0
Real Eastate	158 194 000	183 064 000	134 845 000	94 058 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 022 000	437 000	0	0
Total Tangible Assets	161 215 000	183 501 000	134 845 000	94 058 000
Total Fiancial Fixed Assets	2 174 000	4 742 000	0	0
Total Fixed Assets	165 788 000	188 243 000	134 845 000	94 058 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 008 000	5 238 000	1 258 000	2 043 000
Total Current Assets	89 431 000	10 465 000	5 784 000	2 073 000
Total Assets	255 219 000	198 708 000	140 629 000	96 132 000
Total Equity	42 010 000	13 701 000	21 010 000	21 539 000
Short-Term Group Debt	391 000	0	0	59 127 000
Total Long-Term Debt	211 623 000	169 356 000	114 743 000	15 263 000
Creditors	1 166 000	15 096 000	4 721 000	47 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	554 000	154 000	154 000
Total Current Debt	1 586 000	15 650 000	4 876 000	59 329 000
Total Equity and Debt	255 219 000	198 708 000	140 629 000	96 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−135,84 %	−53,35 %	−18,86 %	8,84 %
Debt-to-Equity Ratio	5,04	12,36	5,46	0,71
Operating Profit Margin	−1 531,36 %	-	−334,88 %	68,96 %
Current Ratio	56,39	0,67	1,19	0,03
Quick Ratio	56,39	0,67	1,19	0,03
Equity Ratio	0,16	0,07	0,15	0,22
Gross Profit Margin	100 %	-	100 %	100 %