WEMA DRIFT AS

3967 STATHELLE

Finances

Share Ownership

Return on Equity

4,95 %

Current Ratio

3,62

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	743 000	1 426 000	1 059 000	680 000
Net Income	22 000	317 000	209 000	100 000
Total Assets	888 000	1 065 000	462 000	266 000
Total Equity	444 000	444 000	166 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	743 000	1 426 000	1 059 000	680 000
Expenditure	696 000	1 017 000	790 000	548 000
Operating Profit	48 000	409 000	268 000	132 000
Financial Income	0	0	0	0
Financial Costs	19 000	3 000	0	4 000
Financial Balance	−19 000	−3 000	0	−4 000
Earnings Before Tax	29 000	406 000	268 000	128 000
Tax	6 000	89 000	59 000	28 000
Net Income	22 000	317 000	209 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	888 000	1 065 000	462 000	266 000
Total Assets	888 000	1 065 000	462 000	266 000
Total Retained Equity	414 000	414 000	136 000	62 000
Total Equity	444 000	444 000	166 000	92 000
Total Long-Term Debt	199 000	0	0	0
Total Current Debt	245 000	621 000	296 000	174 000
Total Equity and Debt	888 000	1 065 000	462 000	266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	743 000	1 426 000	1 059 000	680 000
Other Income	0	0	0	0
Revenue	743 000	1 426 000	1 059 000	680 000
Cost of Goods Sold	731 000	828 000	780 000	485 000
Salary Costs	−59 000	170 000	0	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	696 000	1 017 000	790 000	548 000
Operating Profit	48 000	409 000	268 000	132 000
Financial Income	0	0	0	0
Financial Costs	19 000	3 000	0	4 000
Financial Balance	−19 000	−3 000	0	−4 000
Dividends	0	0	0	0
Net Income	22 000	317 000	209 000	100 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	888 000	1 065 000	462 000	266 000
Total Assets	888 000	1 065 000	462 000	266 000
Total Equity	444 000	444 000	166 000	92 000
Short-Term Group Debt	224 000	245 000	248 000	75 000
Total Long-Term Debt	199 000	0	0	0
Creditors	7 000	9 000	0	0
Unpaid Taxes	11 000	97 000	31 000	2 000
Dividends	0	0	0	0
Other Current Debt	3 000	190 000	0	97 000
Total Current Debt	245 000	621 000	296 000	174 000
Total Equity and Debt	888 000	1 065 000	462 000	266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,95 %	71,4 %	125,9 %	108,7 %
Debt-to-Equity Ratio	0,45	0	0	0
Operating Profit Margin	6,46 %	28,68 %	25,31 %	19,41 %
Current Ratio	3,62	1,71	1,56	1,53
Quick Ratio	3,62	1,71	1,56	1,53
Equity Ratio	0,5	0,42	0,36	0,35
Gross Profit Margin	1,62 %	41,94 %	26,35 %	28,68 %