WORLD WIDE SHIPSERVICE AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

29,48 %

Current Ratio

0,87

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 382 000	12 361 000	8 203 000	6 818 000
Net Income	406 000	368 000	−242 000	355 000
Total Assets	7 153 000	3 761 000	3 722 000	2 695 000
Total Equity	1 377 000	972 000	604 000	846 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 382 000	12 361 000	8 203 000	6 818 000
Expenditure	17 820 000	11 925 000	8 449 000	6 455 000
Operating Profit	562 000	436 000	−245 000	363 000
Financial Income	23 000	17 000	11 000	7 000
Financial Costs	57 000	44 000	9 000	16 000
Financial Balance	−34 000	−27 000	2 000	−9 000
Earnings Before Tax	528 000	408 000	−242 000	355 000
Tax	122 000	41 000	0	0
Net Income	406 000	368 000	−242 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 182 000	1 055 000	713 000	512 000
Total Current Assets	4 971 000	2 706 000	3 009 000	2 183 000
Total Assets	7 153 000	3 761 000	3 722 000	2 695 000
Total Retained Equity	1 347 000	942 000	574 000	816 000
Total Equity	1 377 000	972 000	604 000	846 000
Total Long-Term Debt	33 000	20 000	0	0
Total Current Debt	5 743 000	2 769 000	3 118 000	1 849 000
Total Equity and Debt	7 153 000	3 761 000	3 722 000	2 695 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 306 000	12 364 000	8 203 000	6 818 000
Other Income	76 000	−3 000	0	0
Revenue	18 382 000	12 361 000	8 203 000	6 818 000
Cost of Goods Sold	7 460 000	4 894 000	2 861 000	2 896 000
Salary Costs	5 992 000	4 825 000	3 889 000	2 125 000
Depreciation	459 000	230 000	171 000	96 000
Impairment	0	0	0	0
Expenditure	17 820 000	11 925 000	8 449 000	6 455 000
Operating Profit	562 000	436 000	−245 000	363 000
Financial Income	23 000	17 000	11 000	7 000
Financial Costs	57 000	44 000	9 000	16 000
Financial Balance	−34 000	−27 000	2 000	−9 000
Dividends	0	0	0	0
Net Income	406 000	368 000	−242 000	355 000

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	371 000
Fixtures	2 182 000	1 055 000	713 000	141 000
Total Tangible Assets	2 182 000	1 055 000	713 000	512 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 182 000	1 055 000	713 000	512 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	244 000	895 000	87 000	186 000
Total Current Assets	4 971 000	2 706 000	3 009 000	2 183 000
Total Assets	7 153 000	3 761 000	3 722 000	2 695 000
Total Equity	1 377 000	972 000	604 000	846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	20 000	0	0
Creditors	2 142 000	797 000	468 000	79 000
Unpaid Taxes	807 000	618 000	1 325 000	970 000
Dividends	0	0	0	0
Other Current Debt	2 684 000	1 334 000	1 326 000	800 000
Total Current Debt	5 743 000	2 769 000	3 118 000	1 849 000
Total Equity and Debt	7 153 000	3 761 000	3 722 000	2 695 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,48 %	37,86 %	−40,07 %	41,96 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	3,06 %	3,53 %	−2,99 %	5,32 %
Current Ratio	0,87	0,98	0,97	1,18
Quick Ratio	0,87	0,98	0,97	1,18
Equity Ratio	0,19	0,26	0,16	0,31
Gross Profit Margin	59,42 %	60,41 %	65,12 %	57,52 %