WESMANS MARINE AS

4633 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

54,26 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	127 000	95 000	33 000	131 000
Net Income	102 000	−76 000	−284 000	−844 000
Total Assets	606 000	6 000	101 000	470 000
Total Equity	188 000	−521 000	−444 000	−161 000

Income (NOK)	2022	2021	2020	2019
Revenue	127 000	95 000	33 000	131 000
Expenditure	25 000	159 000	315 000	970 000
Operating Profit	102 000	−63 000	−281 000	−839 000
Financial Income	0	0	0	0
Financial Costs	0	13 000	2 000	5 000
Financial Balance	0	−13 000	−2 000	−5 000
Earnings Before Tax	102 000	−76 000	−284 000	−844 000
Tax	0	0	0	0
Net Income	102 000	−76 000	−284 000	−844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	606 000	6 000	101 000	470 000
Total Assets	606 000	6 000	101 000	470 000
Total Retained Equity	0	−708 000	−632 000	−348 000
Total Equity	188 000	−521 000	−444 000	−161 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	419 000	526 000	545 000	631 000
Total Equity and Debt	606 000	6 000	101 000	470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	46 000	33 000	131 000
Other Income	127 000	50 000	0	0
Revenue	127 000	95 000	33 000	131 000
Cost of Goods Sold	0	23 000	0	0
Salary Costs	0	0	0	489 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	159 000	315 000	970 000
Operating Profit	102 000	−63 000	−281 000	−839 000
Financial Income	0	0	0	0
Financial Costs	0	13 000	2 000	5 000
Financial Balance	0	−13 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	102 000	−76 000	−284 000	−844 000

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	0	6 000	0	1 000
Total Current Assets	606 000	6 000	101 000	470 000
Total Assets	606 000	6 000	101 000	470 000
Total Equity	188 000	−521 000	−444 000	−161 000
Short-Term Group Debt	385 000	374 000	359 000	76 000
Total Long-Term Debt	0	0	0	0
Creditors	24 000	152 000	136 000	323 000
Unpaid Taxes	0	0	0	125 000
Dividends	0	0	0	0
Other Current Debt	9 000	0	50 000	107 000
Total Current Debt	419 000	526 000	545 000	631 000
Total Equity and Debt	606 000	6 000	101 000	470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,26 %	14,59 %	63,96 %	524,22 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	80,31 %	−66,32 %	−851,52 %	−640,46 %
Current Ratio	1,45	0,01	0,19	0,74
Quick Ratio	1,45	0,01	0,19	0,74
Equity Ratio	0,31	−86,83	−4,4	−0,34
Gross Profit Margin	100 %	75,79 %	100 %	100 %