WORLD COURIER (NORWAY) AS

2069 JESSHEIM

Finances

Share Ownership

Return on Equity

16,84 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 780 000	96 594 000	44 532 000	42 558 000
Net Income	1 941 000	2 041 000	544 000	1 633 000
Total Assets	37 116 000	32 360 000	13 605 000	15 877 000
Total Equity	11 529 000	9 588 000	7 547 000	7 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 780 000	96 594 000	44 532 000	42 558 000
Expenditure	84 194 000	93 980 000	43 334 000	40 673 000
Operating Profit	2 586 000	2 613 000	1 197 000	1 885 000
Financial Income	0	22 000	16 000	357 000
Financial Costs	74 000	20 000	487 000	108 000
Financial Balance	−74 000	2 000	−471 000	249 000
Earnings Before Tax	2 512 000	2 615 000	727 000	2 134 000
Tax	572 000	574 000	183 000	501 000
Net Income	1 941 000	2 041 000	544 000	1 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 190 000	3 949 000	1 623 000	1 426 000
Total Current Assets	33 926 000	28 410 000	11 982 000	14 451 000
Total Assets	37 116 000	32 360 000	13 605 000	15 877 000
Total Retained Equity	11 429 000	9 488 000	7 447 000	6 903 000
Total Equity	11 529 000	9 588 000	7 547 000	7 003 000
Total Long-Term Debt	28 000	43 000	0	21 000
Total Current Debt	25 559 000	22 728 000	6 058 000	8 853 000
Total Equity and Debt	37 116 000	32 360 000	13 605 000	15 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 780 000	96 594 000	44 532 000	42 558 000
Other Income	0	0	0	0
Revenue	86 780 000	96 594 000	44 532 000	42 558 000
Cost of Goods Sold	62 185 000	73 273 000	27 669 000	25 982 000
Salary Costs	13 967 000	13 644 000	11 809 000	10 848 000
Depreciation	829 000	808 000	343 000	292 000
Impairment	0	0	0	0
Expenditure	84 194 000	93 980 000	43 334 000	40 673 000
Operating Profit	2 586 000	2 613 000	1 197 000	1 885 000
Financial Income	0	22 000	16 000	357 000
Financial Costs	74 000	20 000	487 000	108 000
Financial Balance	−74 000	2 000	−471 000	249 000
Dividends	0	0	0	0
Net Income	1 941 000	2 041 000	544 000	1 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	67 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 190 000	3 949 000	1 556 000	1 426 000
Total Tangible Assets	3 190 000	3 949 000	1 556 000	1 426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 190 000	3 949 000	1 623 000	1 426 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 328 000	16 927 000	7 490 000	9 553 000
Total Current Assets	33 926 000	28 410 000	11 982 000	14 451 000
Total Assets	37 116 000	32 360 000	13 605 000	15 877 000
Total Equity	11 529 000	9 588 000	7 547 000	7 003 000
Short-Term Group Debt	14 066 000	8 493 000	39 000	2 760 000
Total Long-Term Debt	28 000	43 000	0	21 000
Creditors	7 057 000	8 673 000	3 015 000	3 022 000
Unpaid Taxes	1 342 000	2 032 000	507 000	232 000
Dividends	0	0	0	0
Other Current Debt	2 507 000	3 058 000	2 252 000	2 339 000
Total Current Debt	25 559 000	22 728 000	6 058 000	8 853 000
Total Equity and Debt	37 116 000	32 360 000	13 605 000	15 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,84 %	21,29 %	7,21 %	23,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,98 %	2,71 %	2,69 %	4,43 %
Current Ratio	1,33	1,25	1,98	1,63
Quick Ratio	1,33	1,25	1,98	1,63
Equity Ratio	0,31	0,3	0,55	0,44
Gross Profit Margin	28,34 %	24,14 %	37,87 %	38,95 %