SØLVTRANS REDERI II AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

17,82 %

Current Ratio

15,82

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 795 000	5 032 000	4 996 000	6 650 000
Net Income	23 168 000	211 000	1 227 000	923 000
Total Assets	335 117 000	31 957 000	28 110 000	29 436 000
Total Equity	130 026 000	10 698 000	10 487 000	9 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 795 000	5 032 000	4 996 000	6 650 000
Expenditure	26 524 000	2 132 000	2 879 000	4 878 000
Operating Profit	29 272 000	2 900 000	2 117 000	1 773 000
Financial Income	13 027 000	573 000	67 000	16 000
Financial Costs	19 131 000	3 261 000	957 000	866 000
Financial Balance	−6 104 000	−2 688 000	−890 000	−850 000
Earnings Before Tax	23 168 000	212 000	1 228 000	923 000
Tax	0	1 000	1 000	0
Net Income	23 168 000	211 000	1 227 000	923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 070 000	19 667 000	19 584 000	20 005 000
Total Current Assets	142 047 000	12 290 000	8 525 000	9 431 000
Total Assets	335 117 000	31 957 000	28 110 000	29 436 000
Total Retained Equity	51 412 000	2 581 000	2 370 000	1 143 000
Total Equity	130 026 000	10 698 000	10 487 000	9 261 000
Total Long-Term Debt	196 111 000	18 886 000	15 413 000	16 964 000
Total Current Debt	8 980 000	2 373 000	2 209 000	3 212 000
Total Equity and Debt	335 117 000	31 957 000	28 110 000	29 436 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 795 000	0	4 996 000	5 938 000
Other Income	0	5 032 000	0	713 000
Revenue	55 795 000	5 032 000	4 996 000	6 650 000
Cost of Goods Sold	3 760 000	0	568 000	0
Salary Costs	13 992 000	1 009 000	948 000	0
Depreciation	4 474 000	159 000	1 087 000	1 029 000
Impairment	0	0	0	0
Expenditure	26 524 000	2 132 000	2 879 000	4 878 000
Operating Profit	29 272 000	2 900 000	2 117 000	1 773 000
Financial Income	13 027 000	573 000	67 000	16 000
Financial Costs	19 131 000	3 261 000	957 000	866 000
Financial Balance	−6 104 000	−2 688 000	−890 000	−850 000
Dividends	0	0	1 227 000	0
Net Income	23 168 000	211 000	1 227 000	923 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	193 070 000	19 667 000	19 584 000	20 005 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	193 070 000	19 667 000	19 584 000	20 005 000
Stock	0	21 000	18 000	7 000
Total Investments	0	0	0	0
Cash, Bank	0	217 000	1 284 000	7 377 000
Total Current Assets	142 047 000	12 290 000	8 525 000	9 431 000
Total Assets	335 117 000	31 957 000	28 110 000	29 436 000
Total Equity	130 026 000	10 698 000	10 487 000	9 261 000
Short-Term Group Debt	3 470 000	1 949 000	0	0
Total Long-Term Debt	196 111 000	18 886 000	15 413 000	16 964 000
Creditors	2 051 000	185 000	85 000	9 000
Unpaid Taxes	2 685 000	225 000	0	1 210 000
Dividends	0	0	1 227 000	0
Other Current Debt	0	14 000	191 000	213 000
Total Current Debt	8 980 000	2 373 000	2 209 000	3 212 000
Total Equity and Debt	335 117 000	31 957 000	28 110 000	29 436 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,82 %	1,97 %	11,7 %	9,97 %
Debt-to-Equity Ratio	1,51	1,77	1,47	1,83
Operating Profit Margin	52,46 %	57,63 %	42,37 %	26,66 %
Current Ratio	15,82	5,18	3,86	2,94
Quick Ratio	15,82	5,23	3,89	2,94
Equity Ratio	0,39	0,33	0,37	0,31
Gross Profit Margin	93,26 %	100 %	88,63 %	100 %