MOEN SHIP MANAGEMENT AS

7970 KOLVEREID

Finances

Share Ownership

Return on Equity

8,42 %

Current Ratio

5,15

Debt-to-Equity Ratio

3,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 065 000	54 752 000	38 089 000	27 612 000
Net Income	5 542 000	10 128 000	2 854 000	4 027 000
Total Assets	323 949 000	351 054 000	260 288 000	236 734 000
Total Equity	65 854 000	60 311 000	30 184 000	27 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 065 000	54 752 000	38 089 000	27 612 000
Expenditure	43 790 000	36 368 000	29 536 000	18 938 000
Operating Profit	17 275 000	18 383 000	8 552 000	8 673 000
Financial Income	693 000	1 834 000	602 000	184 000
Financial Costs	10 862 000	7 233 000	5 495 000	3 694 000
Financial Balance	−10 169 000	−5 399 000	−4 893 000	−3 510 000
Earnings Before Tax	7 105 000	12 984 000	3 660 000	5 163 000
Tax	1 563 000	2 857 000	805 000	1 136 000
Net Income	5 542 000	10 128 000	2 854 000	4 027 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	310 395 000	329 349 000	246 586 000	190 725 000
Total Current Assets	13 553 000	21 705 000	13 702 000	46 009 000
Total Assets	323 949 000	351 054 000	260 288 000	236 734 000
Total Retained Equity	35 094 000	29 551 000	19 424 000	16 569 000
Total Equity	65 854 000	60 311 000	30 184 000	27 329 000
Total Long-Term Debt	255 461 000	272 628 000	226 719 000	168 061 000
Total Current Debt	2 634 000	18 115 000	3 385 000	41 344 000
Total Equity and Debt	323 949 000	351 054 000	260 288 000	236 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 752 000	47 412 000	38 019 000	4 000
Other Income	4 313 000	7 340 000	70 000	27 608 000
Revenue	61 065 000	54 752 000	38 089 000	27 612 000
Cost of Goods Sold	687 000	1 242 000	8 936 000	216 000
Salary Costs	0	0	0	1 000
Depreciation	33 694 000	29 100 000	16 874 000	12 864 000
Impairment	0	0	0	0
Expenditure	43 790 000	36 368 000	29 536 000	18 938 000
Operating Profit	17 275 000	18 383 000	8 552 000	8 673 000
Financial Income	693 000	1 834 000	602 000	184 000
Financial Costs	10 862 000	7 233 000	5 495 000	3 694 000
Financial Balance	−10 169 000	−5 399 000	−4 893 000	−3 510 000
Dividends	0	0	0	0
Net Income	5 542 000	10 128 000	2 854 000	4 027 000

Balance details (NOK)	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	1 468 000	1 835 000	2 811 000	1 461 000
Fixtures	19 000	0	0	0
Total Tangible Assets	310 395 000	329 349 000	246 586 000	190 725 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	310 395 000	329 349 000	246 586 000	190 725 000
Stock	0	0	34 000	16 588 000
Total Investments	0	0	0	0
Cash, Bank	613 000	1 876 000	7 823 000	5 447 000
Total Current Assets	13 553 000	21 705 000	13 702 000	46 009 000
Total Assets	323 949 000	351 054 000	260 288 000	236 734 000
Total Equity	65 854 000	60 311 000	30 184 000	27 329 000
Short-Term Group Debt	0	36 000	0	0
Total Long-Term Debt	255 461 000	272 628 000	226 719 000	168 061 000
Creditors	571 000	17 620 000	3 095 000	37 154 000
Unpaid Taxes	1 233 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	830 000	458 000	290 000	4 191 000
Total Current Debt	2 634 000	18 115 000	3 385 000	41 344 000
Total Equity and Debt	323 949 000	351 054 000	260 288 000	236 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,42 %	16,79 %	9,46 %	14,74 %
Debt-to-Equity Ratio	3,88	4,52	7,51	6,15
Operating Profit Margin	28,29 %	33,58 %	22,45 %	31,41 %
Current Ratio	5,15	1,2	4,05	1,11
Quick Ratio	5,15	1,2	4,09	1,86
Equity Ratio	0,2	0,17	0,12	0,12
Gross Profit Margin	98,87 %	97,73 %	76,54 %	99,22 %