WILLSFRED MARITIME SERVICES AS

1415 OPPEGÅRD

Finances

Share Ownership

Return on Equity

28,08 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 085 000	19 603 000	1 767 000	10 085 000
Net Income	1 086 000	2 002 000	−62 000	949 000
Total Assets	8 526 000	7 627 000	921 000	2 580 000
Total Equity	3 867 000	2 781 000	779 000	841 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 085 000	19 603 000	1 767 000	10 085 000
Expenditure	10 850 000	16 907 000	1 908 000	8 907 000
Operating Profit	1 235 000	2 695 000	−140 000	1 177 000
Financial Income	118 000	0	64 000	0
Financial Costs	2 000	22 000	2 000	0
Financial Balance	116 000	−22 000	62 000	0
Earnings Before Tax	1 351 000	2 674 000	−78 000	1 177 000
Tax	265 000	672 000	−16 000	229 000
Net Income	1 086 000	2 002 000	−62 000	949 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	8 526 000	7 627 000	921 000	2 580 000
Total Assets	8 526 000	7 627 000	921 000	2 580 000
Total Retained Equity	3 837 000	2 751 000	749 000	811 000
Total Equity	3 867 000	2 781 000	779 000	841 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 659 000	4 846 000	142 000	1 740 000
Total Equity and Debt	8 526 000	7 627 000	921 000	2 580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 085 000	19 603 000	1 767 000	10 085 000
Other Income	0	0	0	0
Revenue	12 085 000	19 603 000	1 767 000	10 085 000
Cost of Goods Sold	9 242 000	14 681 000	1 174 000	7 537 000
Salary Costs	1 597 000	1 781 000	691 000	1 248 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 850 000	16 907 000	1 908 000	8 907 000
Operating Profit	1 235 000	2 695 000	−140 000	1 177 000
Financial Income	118 000	0	64 000	0
Financial Costs	2 000	22 000	2 000	0
Financial Balance	116 000	−22 000	62 000	0
Dividends	0	0	0	0
Net Income	1 086 000	2 002 000	−62 000	949 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 452 000	3 281 000	888 000	1 023 000
Total Current Assets	8 526 000	7 627 000	921 000	2 580 000
Total Assets	8 526 000	7 627 000	921 000	2 580 000
Total Equity	3 867 000	2 781 000	779 000	841 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 088 000	3 773 000	0	1 215 000
Unpaid Taxes	166 000	246 000	83 000	183 000
Dividends	0	0	0	0
Other Current Debt	140 000	156 000	59 000	113 000
Total Current Debt	4 659 000	4 846 000	142 000	1 740 000
Total Equity and Debt	8 526 000	7 627 000	921 000	2 580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,08 %	71,99 %	−7,96 %	112,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,22 %	13,75 %	−7,92 %	11,67 %
Current Ratio	1,83	1,57	6,49	1,48
Quick Ratio	1,83	1,57	6,49	1,48
Equity Ratio	0,45	0,36	0,85	0,33
Gross Profit Margin	23,53 %	25,11 %	33,56 %	25,27 %