SONGA PRODUCT AND CHEMICAL TANKERS IV AS

0161 OSLO

Finances

Share Ownership

Return on Equity

42,86 %

Current Ratio

65,33

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	38 419 000	13 149 000	18 258 000	15 754 000
Net Income	25 311 000	−2 272 000	−5 814 000	−3 771 000
Total Assets	59 969 000	60 332 000	66 821 000	78 328 000
Total Equity	59 051 000	33 740 000	36 012 000	48 325 000

Income (USD)	2022	2021	2020	2019
Revenue	38 419 000	13 149 000	18 258 000	15 754 000
Expenditure	12 862 000	14 438 000	22 692 000	17 989 000
Operating Profit	25 557 000	−1 288 000	−4 433 000	−2 234 000
Financial Income	806 000	27 000	13 000	454 000
Financial Costs	1 052 000	1 009 000	1 394 000	1 991 000
Financial Balance	−246 000	−982 000	−1 381 000	−1 537 000
Earnings Before Tax	25 311 000	−2 272 000	−5 814 000	−3 771 000
Tax	0	0	0	0
Net Income	25 311 000	−2 272 000	−5 814 000	−3 771 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	0	54 072 000	57 127 000	65 196 000
Total Current Assets	59 969 000	6 260 000	9 695 000	13 132 000
Total Assets	59 969 000	60 332 000	66 821 000	78 328 000
Total Retained Equity	16 050 000	−9 262 000	−6 990 000	−1 176 000
Total Equity	59 051 000	33 740 000	36 012 000	48 325 000
Total Long-Term Debt	0	25 060 000	29 806 000	28 264 000
Total Current Debt	918 000	1 532 000	1 004 000	1 739 000
Total Equity and Debt	59 969 000	60 332 000	66 821 000	78 328 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	38 419 000	13 149 000	18 258 000	15 754 000
Revenue	38 419 000	13 149 000	18 258 000	15 754 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 126 000	3 805 000	4 345 000	4 130 000
Impairment	0	0	7 084 000	0
Expenditure	12 862 000	14 438 000	22 692 000	17 989 000
Operating Profit	25 557 000	−1 288 000	−4 433 000	−2 234 000
Financial Income	806 000	27 000	13 000	454 000
Financial Costs	1 052 000	1 009 000	1 394 000	1 991 000
Financial Balance	−246 000	−982 000	−1 381 000	−1 537 000
Dividends	0	0	0	0
Net Income	25 311 000	−2 272 000	−5 814 000	−3 771 000

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	54 072 000	57 127 000	65 196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	54 072 000	57 127 000	65 196 000
Stock	0	574 000	1 055 000	903 000
Total Investments	0	0	0	0
Cash, Bank	347 000	1 961 000	3 939 000	8 317 000
Total Current Assets	59 969 000	6 260 000	9 695 000	13 132 000
Total Assets	59 969 000	60 332 000	66 821 000	78 328 000
Total Equity	59 051 000	33 740 000	36 012 000	48 325 000
Short-Term Group Debt	0	221 000	0	0
Total Long-Term Debt	0	25 060 000	29 806 000	28 264 000
Creditors	16 000	468 000	470 000	1 146 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	883 000	817 000	507 000	564 000
Total Current Debt	918 000	1 532 000	1 004 000	1 739 000
Total Equity and Debt	59 969 000	60 332 000	66 821 000	78 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,86 %	−6,73 %	−16,14 %	−7,8 %
Debt-to-Equity Ratio	0	0,74	0,83	0,58
Operating Profit Margin	66,52 %	−9,8 %	−24,28 %	−14,18 %
Current Ratio	65,33	4,09	9,66	7,55
Quick Ratio	65,33	6,53	−190,1	15,71
Equity Ratio	0,98	0,56	0,54	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %