WELCO ECO SHIPHOLDING AS

5059 BERGEN

Finances

Return on Equity

0,01 %

Current Ratio

130,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	19 000	−11 000	990 000	11 940 000
Total Assets	151 418 000	151 388 000	151 483 000	162 446 000
Total Equity	151 405 000	151 387 000	151 398 000	150 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	65 000	32 000	21 000	25 000
Operating Profit	−65 000	−32 000	−21 000	−25 000
Financial Income	94 000	23 000	1 095 000	12 001 000
Financial Costs	1 000	2 000	0	0
Financial Balance	93 000	21 000	1 095 000	12 001 000
Earnings Before Tax	28 000	−11 000	1 075 000	11 977 000
Tax	9 000	1 000	85 000	37 000
Net Income	19 000	−11 000	990 000	11 940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 719 000	149 719 000	149 719 000	161 699 000
Total Current Assets	1 699 000	1 669 000	1 764 000	747 000
Total Assets	151 418 000	151 388 000	151 483 000	162 446 000
Total Retained Equity	1 414 000	1 396 000	1 407 000	418 000
Total Equity	151 405 000	151 387 000	151 398 000	150 409 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 000	1 000	85 000	12 037 000
Total Equity and Debt	151 418 000	151 388 000	151 483 000	162 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	65 000	32 000	21 000	25 000
Operating Profit	−65 000	−32 000	−21 000	−25 000
Financial Income	94 000	23 000	1 095 000	12 001 000
Financial Costs	1 000	2 000	0	0
Financial Balance	93 000	21 000	1 095 000	12 001 000
Dividends	0	0	0	0
Net Income	19 000	−11 000	990 000	11 940 000

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	149 719 000	149 719 000	149 719 000	161 699 000
Total Fixed Assets	149 719 000	149 719 000	149 719 000	161 699 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 695 000	1 666 000	1 764 000	747 000
Total Current Assets	1 699 000	1 669 000	1 764 000	747 000
Total Assets	151 418 000	151 388 000	151 483 000	162 446 000
Total Equity	151 405 000	151 387 000	151 398 000	150 409 000
Short-Term Group Debt	0	0	0	12 000 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	0
Total Current Debt	13 000	1 000	85 000	12 037 000
Total Equity and Debt	151 418 000	151 388 000	151 483 000	162 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,01 %	−0,01 %	0,65 %	7,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	130,69	1 669	20,75	0,06
Quick Ratio	130,69	1 669	20,75	0,06
Equity Ratio	1	1	1	0,93
Gross Profit Margin	-	-	-	-