VSS SEAFARERS AS

4610 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−1,42 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 901 000	98 429 000	106 270 000	103 858 000
Net Income	−229 000	−1 412 000	337 000	1 204 000
Total Assets	55 057 000	54 958 000	27 221 000	23 171 000
Total Equity	16 179 000	16 408 000	17 820 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 901 000	98 429 000	106 270 000	103 858 000
Expenditure	140 114 000	98 779 000	105 876 000	102 329 000
Operating Profit	1 787 000	−349 000	394 000	1 529 000
Financial Income	2 238 000	1 114 000	44 000	128 000
Financial Costs	4 255 000	1 928 000	6 000	113 000
Financial Balance	−2 017 000	−814 000	38 000	15 000
Earnings Before Tax	−229 000	−1 163 000	432 000	1 543 000
Tax	0	249 000	95 000	339 000
Net Income	−229 000	−1 412 000	337 000	1 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	249 000	344 000
Total Current Assets	55 057 000	54 958 000	26 972 000	22 828 000
Total Assets	55 057 000	54 958 000	27 221 000	23 171 000
Total Retained Equity	−1 232 000	−1 003 000	409 000	72 000
Total Equity	16 179 000	16 408 000	17 820 000	102 000
Total Long-Term Debt	0	0	0	1 563 000
Total Current Debt	38 878 000	38 550 000	9 401 000	21 507 000
Total Equity and Debt	55 057 000	54 958 000	27 221 000	23 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	141 901 000	98 429 000	106 270 000	103 858 000
Other Income	0	0	0	0
Revenue	141 901 000	98 429 000	106 270 000	103 858 000
Cost of Goods Sold	1 224 000	596 000	259 000	473 000
Salary Costs	134 766 000	93 402 000	100 965 000	98 360 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	140 114 000	98 779 000	105 876 000	102 329 000
Operating Profit	1 787 000	−349 000	394 000	1 529 000
Financial Income	2 238 000	1 114 000	44 000	128 000
Financial Costs	4 255 000	1 928 000	6 000	113 000
Financial Balance	−2 017 000	−814 000	38 000	15 000
Dividends	0	0	0	0
Net Income	−229 000	−1 412 000	337 000	1 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	249 000	344 000
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	249 000	344 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 702 000	7 904 000	9 101 000	8 099 000
Total Current Assets	55 057 000	54 958 000	26 972 000	22 828 000
Total Assets	55 057 000	54 958 000	27 221 000	23 171 000
Total Equity	16 179 000	16 408 000	17 820 000	102 000
Short-Term Group Debt	25 681 000	28 748 000	447 000	12 810 000
Total Long-Term Debt	0	0	0	1 563 000
Creditors	386 000	43 000	0	1 260 000
Unpaid Taxes	8 963 000	7 185 000	6 753 000	6 281 000
Dividends	0	0	0	0
Other Current Debt	3 848 000	2 573 000	2 200 000	1 156 000
Total Current Debt	38 878 000	38 550 000	9 401 000	21 507 000
Total Equity and Debt	55 057 000	54 958 000	27 221 000	23 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,42 %	−8,61 %	1,89 %	1 180,39 %
Debt-to-Equity Ratio	0	0	0	15,32
Operating Profit Margin	1,26 %	−0,35 %	0,37 %	1,47 %
Current Ratio	1,42	1,43	2,87	1,06
Quick Ratio	1,42	1,43	2,87	1,06
Equity Ratio	0,29	0,3	0,65	0
Gross Profit Margin	99,14 %	99,39 %	99,76 %	99,54 %