AS KLAVENESS CHARTERING

0283 OSLO

Finances

Return on Equity

35,28 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	111 196 000	107 658 000	56 616 000	44 891 000
Net Income	13 606 000	26 415 000	762 000	−23 247 000
Total Assets	86 953 000	82 127 000	36 853 000	43 190 000
Total Equity	38 570 000	36 229 000	16 814 000	16 052 000

Income (USD)	2022	2021	2020	2019
Revenue	111 196 000	107 658 000	56 616 000	44 891 000
Expenditure	93 769 000	81 430 000	55 448 000	68 209 000
Operating Profit	17 428 000	26 228 000	1 168 000	−23 318 000
Financial Income	690 000	−688 000	−682 000	1 221 000
Financial Costs	50 000	−50 000	50 000	0
Financial Balance	640 000	−638 000	−732 000	1 221 000
Earnings Before Tax	18 068 000	25 590 000	436 000	−22 097 000
Tax	4 462 000	−826 000	−326 000	1 150 000
Net Income	13 606 000	26 415 000	762 000	−23 247 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	562 000	3 357 000	2 482 000	2 156 000
Total Current Assets	86 391 000	78 769 000	34 372 000	41 035 000
Total Assets	86 953 000	82 127 000	36 853 000	43 190 000
Total Retained Equity	22 518 000	20 178 000	762 000	0
Total Equity	38 570 000	36 229 000	16 814 000	16 052 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 383 000	45 897 000	20 039 000	27 139 000
Total Equity and Debt	86 953 000	82 127 000	36 853 000	43 190 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	30 428 000	107 658 000	56 616 000	44 891 000
Other Income	80 769 000	0	0	0
Revenue	111 196 000	107 658 000	56 616 000	44 891 000
Cost of Goods Sold	80 769 000	68 952 000	48 632 000	55 992 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	93 769 000	81 430 000	55 448 000	68 209 000
Operating Profit	17 428 000	26 228 000	1 168 000	−23 318 000
Financial Income	690 000	−688 000	−682 000	1 221 000
Financial Costs	50 000	−50 000	50 000	0
Financial Balance	640 000	−638 000	−732 000	1 221 000
Dividends	0	0	0	0
Net Income	13 606 000	26 415 000	762 000	−23 247 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	562 000	3 307 000	2 482 000	2 156 000
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	50 000	0	0
Total Fixed Assets	562 000	3 357 000	2 482 000	2 156 000
Stock	2 692 000	2 561 000	1 977 000	4 842 000
Total Investments	28 000	0	564 000	1 101 000
Cash, Bank	47 962 000	34 589 000	7 980 000	4 383 000
Total Current Assets	86 391 000	78 769 000	34 372 000	41 035 000
Total Assets	86 953 000	82 127 000	36 853 000	43 190 000
Total Equity	38 570 000	36 229 000	16 814 000	16 052 000
Short-Term Group Debt	16 535 000	12 208 000	1 443 000	110 000
Total Long-Term Debt	0	0	0	0
Creditors	13 054 000	13 395 000	4 927 000	6 081 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 794 000	20 294 000	13 669 000	20 947 000
Total Current Debt	48 383 000	45 897 000	20 039 000	27 139 000
Total Equity and Debt	86 953 000	82 127 000	36 853 000	43 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,28 %	72,91 %	4,53 %	−144,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,67 %	24,36 %	2,06 %	−51,94 %
Current Ratio	1,79	1,72	1,72	1,51
Quick Ratio	1,89	1,82	1,9	1,84
Equity Ratio	0,44	0,44	0,46	0,37
Gross Profit Margin	27,36 %	35,95 %	14,1 %	−24,73 %