WALCON MARITIME AS

6900 FLORØ

Finances

Share Ownership

Return on Equity

465,81 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 137 000	50 850 000	32 029 000	29 411 000
Net Income	8 911 000	6 182 000	2 963 000	1 973 000
Total Assets	25 776 000	17 654 000	13 139 000	16 687 000
Total Equity	1 913 000	1 284 000	3 271 000	3 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 137 000	50 850 000	32 029 000	29 411 000
Expenditure	68 683 000	42 892 000	28 163 000	26 882 000
Operating Profit	11 454 000	7 958 000	3 866 000	2 530 000
Financial Income	6 000	12 000	23 000	61 000
Financial Costs	29 000	31 000	40 000	37 000
Financial Balance	−23 000	−19 000	−17 000	24 000
Earnings Before Tax	11 432 000	7 939 000	3 849 000	2 555 000
Tax	2 521 000	1 756 000	886 000	582 000
Net Income	8 911 000	6 182 000	2 963 000	1 973 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 911 000	2 129 000	1 368 000	681 000
Total Current Assets	23 864 000	15 526 000	11 770 000	16 006 000
Total Assets	25 776 000	17 654 000	13 139 000	16 687 000
Total Retained Equity	913 000	284 000	2 271 000	2 390 000
Total Equity	1 913 000	1 284 000	3 271 000	3 390 000
Total Long-Term Debt	0	659 000	18 000	19 000
Total Current Debt	23 863 000	15 712 000	9 850 000	13 277 000
Total Equity and Debt	25 776 000	17 654 000	13 139 000	16 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 115 000	50 850 000	32 029 000	29 411 000
Other Income	22 000	0	0	0
Revenue	80 137 000	50 850 000	32 029 000	29 411 000
Cost of Goods Sold	49 546 000	28 913 000	15 445 000	13 191 000
Salary Costs	12 318 000	9 248 000	8 669 000	9 841 000
Depreciation	643 000	502 000	305 000	230 000
Impairment	0	0	0	0
Expenditure	68 683 000	42 892 000	28 163 000	26 882 000
Operating Profit	11 454 000	7 958 000	3 866 000	2 530 000
Financial Income	6 000	12 000	23 000	61 000
Financial Costs	29 000	31 000	40 000	37 000
Financial Balance	−23 000	−19 000	−17 000	24 000
Dividends	8 000 000	8 000 000	3 000 000	3 000 000
Net Income	8 911 000	6 182 000	2 963 000	1 973 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 437 000	1 797 000	1 186 000	606 000
Fixtures	387 000	128 000	182 000	75 000
Total Tangible Assets	1 823 000	1 925 000	1 368 000	681 000
Total Fiancial Fixed Assets	38 000	203 000	0	0
Total Fixed Assets	1 911 000	2 129 000	1 368 000	681 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 415 000	6 559 000	5 796 000	9 235 000
Total Current Assets	23 864 000	15 526 000	11 770 000	16 006 000
Total Assets	25 776 000	17 654 000	13 139 000	16 687 000
Total Equity	1 913 000	1 284 000	3 271 000	3 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	659 000	18 000	19 000
Creditors	7 917 000	3 424 000	3 582 000	4 890 000
Unpaid Taxes	2 648 000	1 954 000	1 445 000	2 074 000
Dividends	8 000 000	8 000 000	3 000 000	3 000 000
Other Current Debt	10 148 000	9 266 000	3 959 000	4 138 000
Total Current Debt	23 863 000	15 712 000	9 850 000	13 277 000
Total Equity and Debt	25 776 000	17 654 000	13 139 000	16 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	465,81 %	481,46 %	90,58 %	58,2 %
Debt-to-Equity Ratio	0	0,51	0,01	0,01
Operating Profit Margin	14,29 %	15,65 %	12,07 %	8,6 %
Current Ratio	1	0,99	1,19	1,21
Quick Ratio	1	0,99	1,19	1,21
Equity Ratio	0,07	0,07	0,25	0,2
Gross Profit Margin	38,17 %	43,14 %	51,78 %	55,15 %