WEE MARINE AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

15,92 %

Current Ratio

2,37

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 878 000	15 080 000	10 179 000	10 745 000
Net Income	741 000	565 000	402 000	282 000
Total Assets	9 431 000	8 402 000	8 602 000	8 909 000
Total Equity	4 654 000	3 913 000	3 348 000	2 946 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 878 000	15 080 000	10 179 000	10 745 000
Expenditure	12 758 000	14 186 000	9 394 000	10 111 000
Operating Profit	1 119 000	893 000	784 000	634 000
Financial Income	0	0	1 000	1 000
Financial Costs	155 000	166 000	259 000	245 000
Financial Balance	−155 000	−166 000	−258 000	−244 000
Earnings Before Tax	964 000	727 000	526 000	390 000
Tax	223 000	162 000	124 000	108 000
Net Income	741 000	565 000	402 000	282 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	321 000	369 000	384 000	245 000
Total Current Assets	9 110 000	8 033 000	8 218 000	8 663 000
Total Assets	9 431 000	8 402 000	8 602 000	8 909 000
Total Retained Equity	3 999 000	3 258 000	2 693 000	2 291 000
Total Equity	4 654 000	3 913 000	3 348 000	2 946 000
Total Long-Term Debt	939 000	1 343 000	1 737 000	2 113 000
Total Current Debt	3 837 000	3 146 000	3 517 000	3 849 000
Total Equity and Debt	9 431 000	8 402 000	8 602 000	8 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 878 000	15 080 000	10 179 000	10 745 000
Other Income	0	0	0	0
Revenue	13 878 000	15 080 000	10 179 000	10 745 000
Cost of Goods Sold	8 648 000	9 994 000	5 849 000	6 417 000
Salary Costs	1 839 000	1 901 000	1 845 000	1 948 000
Depreciation	68 000	35 000	32 000	6 000
Impairment	0	0	0	0
Expenditure	12 758 000	14 186 000	9 394 000	10 111 000
Operating Profit	1 119 000	893 000	784 000	634 000
Financial Income	0	0	1 000	1 000
Financial Costs	155 000	166 000	259 000	245 000
Financial Balance	−155 000	−166 000	−258 000	−244 000
Dividends	0	0	0	0
Net Income	741 000	565 000	402 000	282 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	126 000	107 000	109 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	263 000	275 000	135 000
Total Tangible Assets	195 000	263 000	275 000	135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	321 000	369 000	384 000	245 000
Stock	7 403 000	7 364 000	7 107 000	7 526 000
Total Investments	0	0	0	0
Cash, Bank	82 000	140 000	102 000	246 000
Total Current Assets	9 110 000	8 033 000	8 218 000	8 663 000
Total Assets	9 431 000	8 402 000	8 602 000	8 909 000
Total Equity	4 654 000	3 913 000	3 348 000	2 946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	939 000	1 343 000	1 737 000	2 113 000
Creditors	1 117 000	378 000	475 000	1 480 000
Unpaid Taxes	144 000	239 000	103 000	268 000
Dividends	0	0	0	0
Other Current Debt	1 587 000	1 370 000	362 000	1 577 000
Total Current Debt	3 837 000	3 146 000	3 517 000	3 849 000
Total Equity and Debt	9 431 000	8 402 000	8 602 000	8 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,92 %	14,44 %	12,01 %	9,57 %
Debt-to-Equity Ratio	0,2	0,34	0,52	0,72
Operating Profit Margin	8,06 %	5,92 %	7,7 %	5,9 %
Current Ratio	2,37	2,55	2,34	2,25
Quick Ratio	−2,55	−1,9	−2,29	−2,36
Equity Ratio	0,49	0,47	0,39	0,33
Gross Profit Margin	37,69 %	33,73 %	42,54 %	40,28 %