BEL SHIP I AS

1366 LYSAKER

Finances

Return on Equity

−20,5 %

Current Ratio

4 991

Debt-to-Equity Ratio

1,27

Key figures (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 713 000	8 000	−35 000	−304 000
Total Assets	52 194 000	57 805 000	57 850 000	57 927 000
Total Equity	22 992 000	27 705 000	28 598 000	28 633 000

Income (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 000	4 000	10 000	294 000
Operating Profit	−1 000	−4 000	−10 000	−294 000
Financial Income	0	12 000	15 000	5 000
Financial Costs	4 713 000	0	0	4 000
Financial Balance	−4 713 000	12 000	15 000	1 000
Earnings Before Tax	−4 713 000	8 000	5 000	−293 000
Tax	0	0	40 000	11 000
Net Income	−4 713 000	8 000	−35 000	−304 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	47 203 000	51 879 000	51 845 000	51 835 000
Total Current Assets	4 991 000	5 926 000	6 005 000	6 092 000
Total Assets	52 194 000	57 805 000	57 850 000	57 927 000
Total Retained Equity	−4 606 000	107 000	1 000 000	1 035 000
Total Equity	22 992 000	27 705 000	28 598 000	28 633 000
Total Long-Term Debt	29 200 000	29 200 000	29 200 000	29 200 000
Total Current Debt	1 000	900 000	52 000	94 000
Total Equity and Debt	52 194 000	57 805 000	57 850 000	57 927 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 000	4 000	10 000	294 000
Operating Profit	−1 000	−4 000	−10 000	−294 000
Financial Income	0	12 000	15 000	5 000
Financial Costs	4 713 000	0	0	4 000
Financial Balance	−4 713 000	12 000	15 000	1 000
Dividends	0	0	0	0
Net Income	−4 713 000	8 000	−35 000	−304 000

Balance details (USD)	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	47 203 000	51 879 000	51 845 000	51 835 000
Total Fixed Assets	47 203 000	51 879 000	51 845 000	51 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	22 000	104 000	6 092 000
Total Current Assets	4 991 000	5 926 000	6 005 000	6 092 000
Total Assets	52 194 000	57 805 000	57 850 000	57 927 000
Total Equity	22 992 000	27 705 000	28 598 000	28 633 000
Short-Term Group Debt	0	900 000	0	0
Total Long-Term Debt	29 200 000	29 200 000	29 200 000	29 200 000
Creditors	0	0	0	0
Unpaid Taxes	1 000	0	1 000	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	10 000	68 000
Total Current Debt	1 000	900 000	52 000	94 000
Total Equity and Debt	52 194 000	57 805 000	57 850 000	57 927 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,5 %	0,03 %	−0,12 %	−1,06 %
Debt-to-Equity Ratio	1,27	1,05	1,02	1,02
Operating Profit Margin	-	-	-	-
Current Ratio	4 991	6,58	115,48	64,81
Quick Ratio	4 991	6,58	115,48	64,81
Equity Ratio	0,44	0,48	0,49	0,49
Gross Profit Margin	-	-	-	-