WERGELANDSVEIEN 21 AS

0161 OSLO

Finances

Return on Equity

−5,79 %

Current Ratio

1,55

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 564 000	10 204 000	8 286 000	7 807 000
Net Income	−1 803 000	1 711 000	1 672 000	1 060 000
Total Assets	133 950 000	130 899 000	129 337 000	127 473 000
Total Equity	31 142 000	32 944 000	33 093 000	32 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 564 000	10 204 000	8 286 000	7 807 000
Expenditure	8 769 000	4 914 000	3 048 000	3 357 000
Operating Profit	795 000	5 290 000	5 238 000	4 450 000
Financial Income	0	1 000	2 000	6 000
Financial Costs	3 107 000	3 097 000	3 097 000	3 097 000
Financial Balance	−3 107 000	−3 096 000	−3 095 000	−3 091 000
Earnings Before Tax	−2 311 000	2 194 000	2 144 000	1 359 000
Tax	−509 000	483 000	472 000	299 000
Net Income	−1 803 000	1 711 000	1 672 000	1 060 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 722 000	119 432 000	122 142 000	119 610 000
Total Current Assets	17 228 000	11 467 000	7 195 000	7 862 000
Total Assets	133 950 000	130 899 000	129 337 000	127 473 000
Total Retained Equity	−1 643 000	159 000	308 000	0
Total Equity	31 142 000	32 944 000	33 093 000	32 785 000
Total Long-Term Debt	91 693 000	92 201 000	92 243 000	92 156 000
Total Current Debt	11 116 000	5 754 000	4 002 000	2 531 000
Total Equity and Debt	133 950 000	130 899 000	129 337 000	127 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 564 000	10 204 000	8 286 000	7 807 000
Revenue	9 564 000	10 204 000	8 286 000	7 807 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	29 000
Depreciation	2 710 000	2 710 000	2 270 000	2 239 000
Impairment	0	0	0	0
Expenditure	8 769 000	4 914 000	3 048 000	3 357 000
Operating Profit	795 000	5 290 000	5 238 000	4 450 000
Financial Income	0	1 000	2 000	6 000
Financial Costs	3 107 000	3 097 000	3 097 000	3 097 000
Financial Balance	−3 107 000	−3 096 000	−3 095 000	−3 091 000
Dividends	0	0	0	1 500 000
Net Income	−1 803 000	1 711 000	1 672 000	1 060 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	116 623 000	119 333 000	122 044 000	119 511 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	116 623 000	119 333 000	122 044 000	119 511 000
Total Fiancial Fixed Assets	99 000	99 000	99 000	99 000
Total Fixed Assets	116 722 000	119 432 000	122 142 000	119 610 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 470 000	10 968 000	6 917 000	7 374 000
Total Current Assets	17 228 000	11 467 000	7 195 000	7 862 000
Total Assets	133 950 000	130 899 000	129 337 000	127 473 000
Total Equity	31 142 000	32 944 000	33 093 000	32 785 000
Short-Term Group Debt	5 481 000	5 481 000	1 749 000	574 000
Total Long-Term Debt	91 693 000	92 201 000	92 243 000	92 156 000
Creditors	5 489 000	273 000	304 000	431 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	1 500 000
Other Current Debt	146 000	0	1 948 000	26 000
Total Current Debt	11 116 000	5 754 000	4 002 000	2 531 000
Total Equity and Debt	133 950 000	130 899 000	129 337 000	127 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,79 %	5,19 %	5,05 %	3,23 %
Debt-to-Equity Ratio	2,94	2,8	2,79	2,81
Operating Profit Margin	8,31 %	51,84 %	63,22 %	57 %
Current Ratio	1,55	1,99	1,8	3,11
Quick Ratio	1,55	1,99	1,8	3,11
Equity Ratio	0,23	0,25	0,26	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %