WEST BOAT CHARTER AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

−643,9 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 634 000	0	0	672 000
Net Income	1 584 000	−482 000	−594 000	−452 000
Total Assets	9 000	1 761 000	2 117 000	2 646 000
Total Equity	−246 000	−2 080 000	−1 598 000	−1 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 634 000	0	0	672 000
Expenditure	47 000	462 000	569 000	1 168 000
Operating Profit	1 587 000	−462 000	−569 000	−496 000
Financial Income	0	0	0	75 000
Financial Costs	3 000	20 000	25 000	31 000
Financial Balance	−3 000	−20 000	−25 000	44 000
Earnings Before Tax	1 584 000	−482 000	−594 000	−452 000
Tax	0	0	0	0
Net Income	1 584 000	−482 000	−594 000	−452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 750 000	2 100 000	2 450 000
Total Current Assets	9 000	11 000	17 000	196 000
Total Assets	9 000	1 761 000	2 117 000	2 646 000
Total Retained Equity	−1 247 000	−3 081 000	−2 599 000	−2 005 000
Total Equity	−246 000	−2 080 000	−1 598 000	−1 004 000
Total Long-Term Debt	256 000	3 841 000	3 688 000	3 609 000
Total Current Debt	0	0	27 000	41 000
Total Equity and Debt	9 000	1 761 000	2 117 000	2 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	672 000
Other Income	1 634 000	0	0	0
Revenue	1 634 000	0	0	672 000
Cost of Goods Sold	0	0	0	11 000
Salary Costs	0	0	0	215 000
Depreciation	0	350 000	350 000	350 000
Impairment	0	0	0	0
Expenditure	47 000	462 000	569 000	1 168 000
Operating Profit	1 587 000	−462 000	−569 000	−496 000
Financial Income	0	0	0	75 000
Financial Costs	3 000	20 000	25 000	31 000
Financial Balance	−3 000	−20 000	−25 000	44 000
Dividends	0	0	0	0
Net Income	1 584 000	−482 000	−594 000	−452 000

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	1 750 000	2 100 000	2 450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 750 000	2 100 000	2 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	5 000	8 000	178 000
Total Current Assets	9 000	11 000	17 000	196 000
Total Assets	9 000	1 761 000	2 117 000	2 646 000
Total Equity	−246 000	−2 080 000	−1 598 000	−1 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	256 000	3 841 000	3 688 000	3 609 000
Creditors	0	0	27 000	38 000
Unpaid Taxes	0	0	0	3 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	27 000	41 000
Total Equity and Debt	9 000	1 761 000	2 117 000	2 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−643,9 %	23,17 %	37,17 %	45,02 %
Debt-to-Equity Ratio	−1,04	−1,85	−2,31	−3,59
Operating Profit Margin	97,12 %	-	-	−73,81 %
Current Ratio	-	-	0,63	4,78
Quick Ratio	-	-	0,63	4,78
Equity Ratio	−27,33	−1,18	−0,75	−0,38
Gross Profit Margin	100 %	-	-	98,36 %