AS J LUDWIG MOWINCKELS REDERI

5003 BERGEN

Finances

Return on Equity

18 %

Current Ratio

45,15

Debt-to-Equity Ratio

0,13

Key figures (USD)	2022	2021	2020	2019
Revenue	15 010 000	6 685 000	6 242 000	8 894 000
Net Income	7 919 000	1 434 000	−1 750 000	79 000
Total Assets	50 730 000	56 795 000	50 155 000	54 050 000
Total Equity	43 990 000	36 072 000	34 638 000	36 420 000

Income (USD)	2022	2021	2020	2019
Revenue	15 010 000	6 685 000	6 242 000	8 894 000
Expenditure	7 872 000	5 795 000	6 946 000	8 492 000
Operating Profit	7 138 000	890 000	−705 000	402 000
Financial Income	1 623 000	1 049 000	−373 000	260 000
Financial Costs	843 000	505 000	672 000	583 000
Financial Balance	780 000	544 000	−1 045 000	−323 000
Earnings Before Tax	7 919 000	1 434 000	−1 750 000	79 000
Tax	0	0	0	0
Net Income	7 919 000	1 434 000	−1 750 000	79 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	11 220 000	40 184 000	30 188 000	33 951 000
Total Current Assets	39 509 000	16 610 000	19 967 000	20 098 000
Total Assets	50 730 000	56 795 000	50 155 000	54 050 000
Total Retained Equity	38 672 000	30 754 000	29 320 000	31 102 000
Total Equity	43 990 000	36 072 000	34 638 000	36 420 000
Total Long-Term Debt	5 864 000	19 457 000	14 851 000	16 530 000
Total Current Debt	875 000	1 266 000	666 000	1 099 000
Total Equity and Debt	50 730 000	56 795 000	50 155 000	54 050 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	13 301 000	6 685 000	6 242 000	8 744 000
Other Income	1 709 000	0	0	150 000
Revenue	15 010 000	6 685 000	6 242 000	8 894 000
Cost of Goods Sold	0	0	0	0
Salary Costs	661 000	607 000	599 000	635 000
Depreciation	2 299 000	1 841 000	1 749 000	2 607 000
Impairment	0	−483 000	1 565 000	0
Expenditure	7 872 000	5 795 000	6 946 000	8 492 000
Operating Profit	7 138 000	890 000	−705 000	402 000
Financial Income	1 623 000	1 049 000	−373 000	260 000
Financial Costs	843 000	505 000	672 000	583 000
Financial Balance	780 000	544 000	−1 045 000	−323 000
Dividends	0	0	0	0
Net Income	7 919 000	1 434 000	−1 750 000	79 000

Balance details (USD)	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	593 000	533 000	524 000	548 000
Total Tangible Assets	10 070 000	39 093 000	29 624 000	32 954 000
Total Fiancial Fixed Assets	1 151 000	1 091 000	564 000	997 000
Total Fixed Assets	11 220 000	40 184 000	30 188 000	33 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 668 000	14 850 000	18 997 000	18 770 000
Total Current Assets	39 509 000	16 610 000	19 967 000	20 098 000
Total Assets	50 730 000	56 795 000	50 155 000	54 050 000
Total Equity	43 990 000	36 072 000	34 638 000	36 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 864 000	19 457 000	14 851 000	16 530 000
Creditors	0	0	0	0
Unpaid Taxes	284 000	258 000	279 000	266 000
Dividends	0	0	0	0
Other Current Debt	591 000	1 008 000	387 000	833 000
Total Current Debt	875 000	1 266 000	666 000	1 099 000
Total Equity and Debt	50 730 000	56 795 000	50 155 000	54 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18 %	3,98 %	−5,05 %	0,22 %
Debt-to-Equity Ratio	0,13	0,54	0,43	0,45
Operating Profit Margin	47,55 %	13,31 %	−11,29 %	4,52 %
Current Ratio	45,15	13,12	29,98	18,29
Quick Ratio	45,15	13,12	29,98	18,29
Equity Ratio	0,87	0,64	0,69	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %