SHIPMED AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

2,96 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 188 000	10 959 000	11 897 000	14 369 000
Net Income	44 000	487 000	656 000	645 000
Total Assets	4 217 000	3 852 000	3 135 000	2 661 000
Total Equity	1 487 000	1 442 000	956 000	943 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 188 000	10 959 000	11 897 000	14 369 000
Expenditure	12 161 000	10 338 000	11 084 000	13 584 000
Operating Profit	27 000	621 000	812 000	784 000
Financial Income	53 000	14 000	30 000	47 000
Financial Costs	22 000	10 000	16 000	4 000
Financial Balance	31 000	4 000	14 000	43 000
Earnings Before Tax	58 000	624 000	826 000	827 000
Tax	14 000	137 000	171 000	183 000
Net Income	44 000	487 000	656 000	645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 000	21 000	22 000	148 000
Total Current Assets	4 161 000	3 831 000	3 114 000	2 513 000
Total Assets	4 217 000	3 852 000	3 135 000	2 661 000
Total Retained Equity	544 000	499 000	13 000	0
Total Equity	1 487 000	1 442 000	956 000	943 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 730 000	2 410 000	2 179 000	1 719 000
Total Equity and Debt	4 217 000	3 852 000	3 135 000	2 661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 188 000	10 959 000	11 897 000	14 369 000
Other Income	0	0	0	0
Revenue	12 188 000	10 959 000	11 897 000	14 369 000
Cost of Goods Sold	4 437 000	3 804 000	4 390 000	6 396 000
Salary Costs	4 687 000	4 047 000	3 845 000	4 420 000
Depreciation	0	0	137 000	137 000
Impairment	0	0	0	0
Expenditure	12 161 000	10 338 000	11 084 000	13 584 000
Operating Profit	27 000	621 000	812 000	784 000
Financial Income	53 000	14 000	30 000	47 000
Financial Costs	22 000	10 000	16 000	4 000
Financial Balance	31 000	4 000	14 000	43 000
Dividends	0	0	0	0
Net Income	44 000	487 000	656 000	645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	21 000	22 000	148 000
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	41 000	0	0	0
Total Fixed Assets	56 000	21 000	22 000	148 000
Stock	459 000	130 000	154 000	361 000
Total Investments	0	0	0	0
Cash, Bank	89 000	3 007 000	2 302 000	347 000
Total Current Assets	4 161 000	3 831 000	3 114 000	2 513 000
Total Assets	4 217 000	3 852 000	3 135 000	2 661 000
Total Equity	1 487 000	1 442 000	956 000	943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 298 000	458 000	522 000	514 000
Unpaid Taxes	584 000	271 000	280 000	340 000
Dividends	0	0	0	0
Other Current Debt	840 000	1 544 000	1 377 000	865 000
Total Current Debt	2 730 000	2 410 000	2 179 000	1 719 000
Total Equity and Debt	4 217 000	3 852 000	3 135 000	2 661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,96 %	33,77 %	68,62 %	68,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,22 %	5,67 %	6,83 %	5,46 %
Current Ratio	1,52	1,59	1,43	1,46
Quick Ratio	1,83	1,68	1,54	1,85
Equity Ratio	0,35	0,37	0,3	0,35
Gross Profit Margin	63,6 %	65,29 %	63,1 %	55,49 %