G2 OCEAN HOLDING AS

5004 BERGEN

Finances

Return on Equity

19,98 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,43

Key figures (USD)	2022	2021	2020	2019
Revenue	2 129 450 000	1 485 293 000	1 117 429 000	1 193 530 000
Net Income	2 804 000	−327 000	−1 907 000	1 336 000
Total Assets	235 040 000	207 406 000	161 394 000	170 741 000
Total Equity	14 033 000	14 256 000	17 181 000	20 348 000

Income (USD)	2022	2021	2020	2019
Revenue	2 129 450 000	1 485 293 000	1 117 429 000	1 193 530 000
Expenditure	2 123 648 000	1 483 684 000	1 111 995 000	1 187 343 000
Operating Profit	5 802 000	1 609 000	5 434 000	6 187 000
Financial Income	0	0	0	0
Financial Costs	1 727 000	1 603 000	5 809 000	5 739 000
Financial Balance	−1 727 000	−1 603 000	−5 809 000	−5 739 000
Earnings Before Tax	4 075 000	6 000	−375 000	448 000
Tax	1 271 000	333 000	1 532 000	−888 000
Net Income	2 804 000	−327 000	−1 907 000	1 336 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	26 992 000	26 956 000	29 515 000	36 136 000
Total Current Assets	208 048 000	180 450 000	131 879 000	134 605 000
Total Assets	235 040 000	207 406 000	161 394 000	170 741 000
Total Retained Equity	−14 091 000	−13 868 000	−10 943 000	−7 776 000
Total Equity	14 033 000	14 256 000	17 181 000	20 348 000
Total Long-Term Debt	6 036 000	9 238 000	12 783 000	14 633 000
Total Current Debt	214 971 000	183 912 000	131 430 000	135 758 000
Total Equity and Debt	235 040 000	207 406 000	161 394 000	170 739 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	2 129 450 000	1 485 293 000	1 117 429 000	1 193 530 000
Other Income	0	0	0	0
Revenue	2 129 450 000	1 485 293 000	1 117 429 000	1 193 530 000
Cost of Goods Sold	1 200 957 000	873 849 000	0	0
Salary Costs	0	0	0	0
Depreciation	7 457 000	9 493 000	9 908 000	9 588 000
Impairment	0	0	0	0
Expenditure	2 123 648 000	1 483 684 000	1 111 995 000	1 187 343 000
Operating Profit	5 802 000	1 609 000	5 434 000	6 187 000
Financial Income	0	0	0	0
Financial Costs	1 727 000	1 603 000	5 809 000	5 739 000
Financial Balance	−1 727 000	−1 603 000	−5 809 000	−5 739 000
Dividends	0	0	0	0
Net Income	2 804 000	−327 000	−1 907 000	1 336 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	1 087 000	4 675 000	8 223 000
Total Intangible Assets	1 959 000	2 228 000	5 604 000	8 941 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	24 903 000	24 604 000	0	0
Fixtures	0	0	23 252 000	26 405 000
Total Tangible Assets	24 903 000	24 604 000	23 252 000	26 405 000
Total Fiancial Fixed Assets	130 000	124 000	659 000	790 000
Total Fixed Assets	26 992 000	26 956 000	29 515 000	36 136 000
Stock	72 994 000	61 289 000	41 131 000	54 306 000
Total Investments	0	0	0	0
Cash, Bank	8 434 000	5 087 000	6 003 000	4 740 000
Total Current Assets	208 048 000	180 450 000	131 879 000	134 605 000
Total Assets	235 040 000	207 406 000	161 394 000	170 741 000
Total Equity	14 033 000	14 256 000	17 181 000	20 348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 036 000	9 238 000	12 783 000	14 633 000
Creditors	39 640 000	17 388 000	10 168 000	12 725 000
Unpaid Taxes	715 000	927 000	1 033 000	1 455 000
Dividends	0	0	0	0
Other Current Debt	153 757 000	150 305 000	105 587 000	121 072 000
Total Current Debt	214 971 000	183 912 000	131 430 000	135 758 000
Total Equity and Debt	235 040 000	207 406 000	161 394 000	170 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,98 %	−2,29 %	−11,1 %	6,57 %
Debt-to-Equity Ratio	0,43	0,65	0,74	0,72
Operating Profit Margin	0,27 %	0,11 %	0,49 %	0,52 %
Current Ratio	0,97	0,98	1	0,99
Quick Ratio	1,47	1,47	1,46	1,65
Equity Ratio	0,06	0,07	0,11	0,12
Gross Profit Margin	43,6 %	41,17 %	100 %	100 %