HVAM MARITIME SERVICES AS

4018 STAVANGER

Finances

Return on Equity

23,18 %

Current Ratio

14,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 294 000	638 000	1 624 000	535 000
Net Income	935 000	854 000	1 150 000	307 000
Total Assets	4 329 000	3 220 000	2 672 000	1 245 000
Total Equity	4 033 000	3 098 000	2 244 000	1 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 294 000	638 000	1 624 000	535 000
Expenditure	141 000	139 000	154 000	141 000
Operating Profit	1 153 000	498 000	1 470 000	393 000
Financial Income	46 000	466 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	46 000	466 000	4 000	0
Earnings Before Tax	1 199 000	965 000	1 474 000	393 000
Tax	264 000	111 000	324 000	87 000
Net Income	935 000	854 000	1 150 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	25 000	10 000
Total Current Assets	4 314 000	3 205 000	2 647 000	1 235 000
Total Assets	4 329 000	3 220 000	2 672 000	1 245 000
Total Retained Equity	4 003 000	3 068 000	2 214 000	1 064 000
Total Equity	4 033 000	3 098 000	2 244 000	1 094 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	295 000	122 000	428 000	151 000
Total Equity and Debt	4 329 000	3 220 000	2 672 000	1 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 294 000	638 000	1 624 000	535 000
Other Income	0	0	0	0
Revenue	1 294 000	638 000	1 624 000	535 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	4 000	2 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	141 000	139 000	154 000	141 000
Operating Profit	1 153 000	498 000	1 470 000	393 000
Financial Income	46 000	466 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	46 000	466 000	4 000	0
Dividends	0	0	0	0
Net Income	935 000	854 000	1 150 000	307 000

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	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	25 000	10 000
Total Fixed Assets	15 000	15 000	25 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 264 000	2 236 000	2 141 000	1 220 000
Total Current Assets	4 314 000	3 205 000	2 647 000	1 235 000
Total Assets	4 329 000	3 220 000	2 672 000	1 245 000
Total Equity	4 033 000	3 098 000	2 244 000	1 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	9 000	20 000	3 000
Unpaid Taxes	27 000	1 000	84 000	25 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	36 000
Total Current Debt	295 000	122 000	428 000	151 000
Total Equity and Debt	4 329 000	3 220 000	2 672 000	1 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,18 %	27,57 %	51,25 %	28,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	89,1 %	78,06 %	90,52 %	73,46 %
Current Ratio	14,62	26,27	6,18	8,18
Quick Ratio	14,62	26,27	6,18	8,18
Equity Ratio	0,93	0,96	0,84	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %