SØLVTRANS WELLBOAT AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

8,8 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 147 000	25 147 000	25 147 000	1 495 000
Net Income	20 495 000	15 697 000	8 673 000	−801 000
Total Assets	288 036 000	271 009 000	255 500 000	242 429 000
Total Equity	232 927 000	267 431 000	7 902 000	−771 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 147 000	25 147 000	25 147 000	1 495 000
Expenditure	4 610 000	5 022 000	5 899 000	1 878 000
Operating Profit	20 536 000	20 125 000	19 247 000	−383 000
Financial Income	717 000	235 000	110 000	6 000
Financial Costs	758 000	4 662 000	10 684 000	424 000
Financial Balance	−41 000	−4 427 000	−10 574 000	−418 000
Earnings Before Tax	20 495 000	15 697 000	8 673 000	−801 000
Tax	0	0	0	0
Net Income	20 495 000	15 697 000	8 673 000	−801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 405 000	230 677 000	233 531 000	238 856 000
Total Current Assets	62 630 000	40 332 000	21 969 000	3 573 000
Total Assets	288 036 000	271 009 000	255 500 000	242 429 000
Total Retained Equity	0	23 569 000	7 872 000	−801 000
Total Equity	232 927 000	267 431 000	7 902 000	−771 000
Total Long-Term Debt	0	0	243 729 000	233 882 000
Total Current Debt	55 109 000	3 578 000	3 869 000	9 318 000
Total Equity and Debt	288 036 000	271 009 000	255 500 000	242 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 147 000	25 147 000	25 147 000	1 495 000
Other Income	0	0	0	0
Revenue	25 147 000	25 147 000	25 147 000	1 495 000
Cost of Goods Sold	0	0	62 000	0
Salary Costs	0	0	0	554 000
Depreciation	4 475 000	4 590 000	4 742 000	281 000
Impairment	0	0	0	0
Expenditure	4 610 000	5 022 000	5 899 000	1 878 000
Operating Profit	20 536 000	20 125 000	19 247 000	−383 000
Financial Income	717 000	235 000	110 000	6 000
Financial Costs	758 000	4 662 000	10 684 000	424 000
Financial Balance	−41 000	−4 427 000	−10 574 000	−418 000
Dividends	0	0	0	0
Net Income	20 495 000	15 697 000	8 673 000	−801 000

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	4 569 000	5 792 000	0	0
Total Tangible Assets	225 405 000	230 677 000	229 376 000	234 084 000
Total Fiancial Fixed Assets	0	0	4 154 000	4 772 000
Total Fixed Assets	225 405 000	230 677 000	233 531 000	238 856 000
Stock	0	0	729 000	783 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	839 000
Total Current Assets	62 630 000	40 332 000	21 969 000	3 573 000
Total Assets	288 036 000	271 009 000	255 500 000	242 429 000
Total Equity	232 927 000	267 431 000	7 902 000	−771 000
Short-Term Group Debt	55 005 000	3 563 000	3 695 000	6 187 000
Total Long-Term Debt	0	0	243 729 000	233 882 000
Creditors	104 000	0	0	67 000
Unpaid Taxes	0	0	174 000	368 000
Dividends	0	0	0	0
Other Current Debt	0	14 000	0	2 697 000
Total Current Debt	55 109 000	3 578 000	3 869 000	9 318 000
Total Equity and Debt	288 036 000	271 009 000	255 500 000	242 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,8 %	5,87 %	109,76 %	103,89 %
Debt-to-Equity Ratio	0	0	30,84	−303,35
Operating Profit Margin	81,66 %	80,03 %	76,54 %	−25,62 %
Current Ratio	1,14	11,27	5,68	0,38
Quick Ratio	1,14	11,27	7	0,42
Equity Ratio	0,81	0,99	0,03	−0
Gross Profit Margin	100 %	100 %	99,75 %	100 %