ED WENNESLAND AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

6,78 %

Current Ratio

0,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	364 000	250 000	335 000	139 000
Net Income	8 000	78 000	155 000	408 000
Total Assets	292 000	132 000	224 000	1 000
Total Equity	118 000	110 000	32 000	42 000

Income (NOK)	2022	2021	2020	2019
Revenue	364 000	250 000	335 000	139 000
Expenditure	213 000	146 000	152 000	65 000
Operating Profit	151 000	104 000	182 000	74 000
Financial Income	0	0	0	334 000
Financial Costs	141 000	4 000	0	0
Financial Balance	−141 000	−4 000	0	334 000
Earnings Before Tax	10 000	100 000	182 000	408 000
Tax	2 000	22 000	28 000	0
Net Income	8 000	78 000	155 000	408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	120 000	0	0
Total Current Assets	92 000	12 000	224 000	1 000
Total Assets	292 000	132 000	224 000	1 000
Total Retained Equity	100 000	93 000	2 000	12 000
Total Equity	118 000	110 000	32 000	42 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	175 000	22 000	192 000	−42 000
Total Equity and Debt	292 000	132 000	224 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	364 000	250 000	335 000	139 000
Other Income	0	0	0	0
Revenue	364 000	250 000	335 000	139 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	2 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	213 000	146 000	152 000	65 000
Operating Profit	151 000	104 000	182 000	74 000
Financial Income	0	0	0	334 000
Financial Costs	141 000	4 000	0	0
Financial Balance	−141 000	−4 000	0	334 000
Dividends	0	0	165 000	400 000
Net Income	8 000	78 000	155 000	408 000

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	200 000	120 000	0	0
Total Fixed Assets	200 000	120 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	8 000	1 000	1 000
Total Current Assets	92 000	12 000	224 000	1 000
Total Assets	292 000	132 000	224 000	1 000
Total Equity	118 000	110 000	32 000	42 000
Short-Term Group Debt	0	0	165 000	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	−3 000	0
Unpaid Taxes	0	0	2 000	9 000
Dividends	0	0	165 000	400 000
Other Current Debt	16 000	0	0	−50 000
Total Current Debt	175 000	22 000	192 000	−42 000
Total Equity and Debt	292 000	132 000	224 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,78 %	70,91 %	484,38 %	971,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	41,48 %	41,6 %	54,33 %	53,24 %
Current Ratio	0,53	0,55	1,17	−0,02
Quick Ratio	0,53	0,55	1,17	−0,02
Equity Ratio	0,4	0,83	0,14	42
Gross Profit Margin	100 %	100 %	100 %	100 %