WELDSERVICES AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

−8,35 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	642 000	594 000	604 000	828 000
Net Income	−59 000	53 000	13 000	−33 000
Total Assets	1 062 000	928 000	830 000	1 052 000
Total Equity	707 000	766 000	714 000	701 000

Income (NOK)	2022	2021	2020	2019
Revenue	642 000	594 000	604 000	828 000
Expenditure	713 000	526 000	586 000	868 000
Operating Profit	−71 000	69 000	18 000	−40 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	2 000	2 000
Financial Balance	−4 000	−1 000	−2 000	−2 000
Earnings Before Tax	−75 000	67 000	17 000	−42 000
Tax	−17 000	15 000	4 000	−9 000
Net Income	−59 000	53 000	13 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	225 000	240 000	244 000
Total Current Assets	821 000	703 000	590 000	808 000
Total Assets	1 062 000	928 000	830 000	1 052 000
Total Retained Equity	−740 000	−681 000	−734 000	−747 000
Total Equity	707 000	766 000	714 000	701 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	355 000	162 000	116 000	351 000
Total Equity and Debt	1 062 000	928 000	830 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	337 000	594 000	604 000	828 000
Other Income	306 000	0	0	0
Revenue	642 000	594 000	604 000	828 000
Cost of Goods Sold	674 000	475 000	530 000	754 000
Salary Costs	0	0	2 000	68 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	713 000	526 000	586 000	868 000
Operating Profit	−71 000	69 000	18 000	−40 000
Financial Income	0	0	0	0
Financial Costs	4 000	1 000	2 000	2 000
Financial Balance	−4 000	−1 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	−59 000	53 000	13 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	242 000	225 000	240 000	244 000
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	242 000	225 000	240 000	244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	169 000	483 000	407 000
Total Current Assets	821 000	703 000	590 000	808 000
Total Assets	1 062 000	928 000	830 000	1 052 000
Total Equity	707 000	766 000	714 000	701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	286 000	61 000	104 000	188 000
Unpaid Taxes	61 000	94 000	5 000	31 000
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	7 000	133 000
Total Current Debt	355 000	162 000	116 000	351 000
Total Equity and Debt	1 062 000	928 000	830 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,35 %	6,92 %	1,82 %	−4,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,06 %	11,62 %	2,98 %	−4,83 %
Current Ratio	2,31	4,34	5,09	2,3
Quick Ratio	2,31	4,34	5,09	2,3
Equity Ratio	0,67	0,83	0,86	0,67
Gross Profit Margin	−4,98 %	20,03 %	12,25 %	8,94 %