SHM MARITIME AS

6419 MOLDE

Finances

Share Ownership

Return on Equity

28,36 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 150 000	70 778 000	46 138 000	49 779 000
Net Income	2 197 000	15 342 000	5 837 000	4 929 000
Total Assets	32 194 000	35 511 000	35 374 000	65 206 000
Total Equity	7 747 000	6 534 000	300 000	2 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 150 000	70 778 000	46 138 000	49 779 000
Expenditure	61 644 000	59 017 000	38 160 000	42 081 000
Operating Profit	1 506 000	11 761 000	7 978 000	7 699 000
Financial Income	1 348 000	6 660 000	8 000	102 000
Financial Costs	402 000	503 000	501 000	1 477 000
Financial Balance	946 000	6 157 000	−493 000	−1 375 000
Earnings Before Tax	2 451 000	17 919 000	7 485 000	6 324 000
Tax	254 000	2 576 000	1 648 000	1 395 000
Net Income	2 197 000	15 342 000	5 837 000	4 929 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 000	417 000	214 000	209 000
Total Current Assets	31 789 000	35 094 000	35 160 000	64 998 000
Total Assets	32 194 000	35 511 000	35 374 000	65 206 000
Total Retained Equity	7 447 000	6 234 000	0	1 344 000
Total Equity	7 747 000	6 534 000	300 000	2 404 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 446 000	28 977 000	35 074 000	62 802 000
Total Equity and Debt	32 194 000	35 511 000	35 374 000	65 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 150 000	70 778 000	46 138 000	49 779 000
Other Income	0	0	0	0
Revenue	63 150 000	70 778 000	46 138 000	49 779 000
Cost of Goods Sold	34 169 000	36 808 000	21 730 000	19 860 000
Salary Costs	16 767 000	12 823 000	10 342 000	12 049 000
Depreciation	127 000	53 000	31 000	33 000
Impairment	0	0	0	0
Expenditure	61 644 000	59 017 000	38 160 000	42 081 000
Operating Profit	1 506 000	11 761 000	7 978 000	7 699 000
Financial Income	1 348 000	6 660 000	8 000	102 000
Financial Costs	402 000	503 000	501 000	1 477 000
Financial Balance	946 000	6 157 000	−493 000	−1 375 000
Dividends	61 000	0	2 097 000	100 000
Net Income	2 197 000	15 342 000	5 837 000	4 929 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	109 000	103 000	110 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	261 000	279 000	69 000	65 000
Total Tangible Assets	261 000	279 000	69 000	65 000
Total Fiancial Fixed Assets	34 000	34 000	34 000	34 000
Total Fixed Assets	404 000	417 000	214 000	209 000
Stock	11 671 000	4 326 000	1 031 000	1 049 000
Total Investments	0	0	0	0
Cash, Bank	904 000	1 774 000	4 223 000	19 382 000
Total Current Assets	31 789 000	35 094 000	35 160 000	64 998 000
Total Assets	32 194 000	35 511 000	35 374 000	65 206 000
Total Equity	7 747 000	6 534 000	300 000	2 404 000
Short-Term Group Debt	1 183 000	12 432 000	11 753 000	10 552 000
Total Long-Term Debt	0	0	0	0
Creditors	6 553 000	5 904 000	3 435 000	4 588 000
Unpaid Taxes	1 725 000	1 916 000	1 830 000	1 300 000
Dividends	61 000	0	2 097 000	100 000
Other Current Debt	11 731 000	2 662 000	8 175 000	21 029 000
Total Current Debt	24 446 000	28 977 000	35 074 000	62 802 000
Total Equity and Debt	32 194 000	35 511 000	35 374 000	65 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,36 %	234,8 %	1 945,67 %	205,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,38 %	16,62 %	17,29 %	15,47 %
Current Ratio	1,3	1,21	1	1,03
Quick Ratio	2,49	1,42	1,03	1,05
Equity Ratio	0,24	0,18	0,01	0,04
Gross Profit Margin	45,89 %	48 %	52,9 %	60,1 %