HALTBAKK TANKERS AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

1 012,91 %

Current Ratio

0,24

Debt-to-Equity Ratio

127,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	10 943 000	6 658 000	0	0
Net Income	3 687 000	4 293 000	160 000	−1 000
Total Assets	60 579 000	31 042 000	24 044 000	24 000
Total Equity	364 000	4 477 000	184 000	24 000

Income (NOK)	2021	2020	2019	2018
Revenue	10 943 000	6 658 000	0	0
Expenditure	6 612 000	2 098 000	0	0
Operating Profit	4 331 000	4 561 000	0	0
Financial Income	7 000	521 000	342 000	0
Financial Costs	659 000	810 000	137 000	0
Financial Balance	−652 000	−289 000	205 000	0
Earnings Before Tax	3 679 000	4 272 000	205 000	0
Tax	−7 000	−20 000	45 000	1 000
Net Income	3 687 000	4 293 000	160 000	−1 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	57 173 000	26 846 000	21 080 000	8 000
Total Current Assets	3 405 000	4 196 000	2 964 000	17 000
Total Assets	60 579 000	31 042 000	24 044 000	24 000
Total Retained Equity	334 000	4 447 000	154 000	−6 000
Total Equity	364 000	4 477 000	184 000	24 000
Total Long-Term Debt	46 255 000	22 695 000	23 281 000	0
Total Current Debt	13 960 000	3 870 000	579 000	0
Total Equity and Debt	60 579 000	31 042 000	24 044 000	24 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	10 943 000	6 658 000	0	0
Other Income	0	0	0	0
Revenue	10 943 000	6 658 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 429 000	1 000	0	0
Depreciation	3 214 000	2 060 000	0	0
Impairment	0	0	0	0
Expenditure	6 612 000	2 098 000	0	0
Operating Profit	4 331 000	4 561 000	0	0
Financial Income	7 000	521 000	342 000	0
Financial Costs	659 000	810 000	137 000	0
Financial Balance	−652 000	−289 000	205 000	0
Dividends	7 800 000	0	0	0
Net Income	3 687 000	4 293 000	160 000	−1 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	10 000	8 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	57 163 000	26 838 000	21 073 000	0
Total Fiancial Fixed Assets	0	0	8 000	8 000
Total Fixed Assets	57 173 000	26 846 000	21 080 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	277 000	1 256 000	17 000	17 000
Total Current Assets	3 405 000	4 196 000	2 964 000	17 000
Total Assets	60 579 000	31 042 000	24 044 000	24 000
Total Equity	364 000	4 477 000	184 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	46 255 000	22 695 000	23 281 000	0
Creditors	3 453 000	3 272 000	547 000	0
Unpaid Taxes	413 000	0	0	0
Dividends	7 800 000	0	0	0
Other Current Debt	2 292 000	597 000	0	0
Total Current Debt	13 960 000	3 870 000	579 000	0
Total Equity and Debt	60 579 000	31 042 000	24 044 000	24 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1 012,91 %	95,89 %	86,96 %	−4,17 %
Debt-to-Equity Ratio	127,07	5,07	126,53	0
Operating Profit Margin	39,58 %	68,5 %	-	-
Current Ratio	0,24	1,08	5,12	-
Quick Ratio	0,24	1,08	5,12	-
Equity Ratio	0,01	0,14	0,01	1
Gross Profit Margin	100 %	100 %	-	-