SKIBSAKTIESELSKAPET NAVIGATION CO LTD

5059 BERGEN

Finances

Return on Equity

14,47 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,57

Key figures (USD)	2022	2021	2020	2019
Revenue	211 172 000	159 996 000	139 449 000	140 256 000
Net Income	60 921 000	8 656 000	231 554 000	−59 574 000
Total Assets	719 808 000	701 043 000	756 775 000	762 738 000
Total Equity	420 876 000	363 260 000	360 479 000	366 998 000

Income (USD)	2022	2021	2020	2019
Revenue	211 172 000	159 996 000	139 449 000	140 256 000
Expenditure	133 415 000	133 946 000	−121 619 000	173 322 000
Operating Profit	77 757 000	26 049 000	261 068 000	−33 067 000
Financial Income	2 552 000	4 065 000	−778 000	753 000
Financial Costs	19 095 000	20 754 000	22 791 000	25 811 000
Financial Balance	−16 543 000	−16 689 000	−23 569 000	−25 058 000
Earnings Before Tax	61 214 000	9 361 000	237 499 000	−58 125 000
Tax	293 000	705 000	5 945 000	1 449 000
Net Income	60 921 000	8 656 000	231 554 000	−59 574 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	590 523 000	613 229 000	650 402 000	697 274 000
Total Current Assets	129 285 000	87 814 000	106 373 000	65 464 000
Total Assets	719 808 000	701 043 000	756 775 000	762 738 000
Total Retained Equity	125 284 000	31 424 000	18 996 000	35 148 000
Total Equity	420 876 000	363 260 000	360 479 000	366 998 000
Total Long-Term Debt	240 789 000	281 409 000	289 414 000	255 200 000
Total Current Debt	58 143 000	56 374 000	64 642 000	140 540 000
Total Equity and Debt	719 808 000	701 043 000	714 535 000	762 738 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	205 794 000	154 860 000	13 880 000	17 218 000
Other Income	5 378 000	5 136 000	125 569 000	123 038 000
Revenue	211 172 000	159 996 000	139 449 000	140 256 000
Cost of Goods Sold	5 048 000	6 268 000	−6 984 000	8 623 000
Salary Costs	64 282 000	62 548 000	−54 157 000	62 133 000
Depreciation	46 002 000	47 287 000	−42 010 000	42 404 000
Impairment	0	0	0	39 958 000
Expenditure	133 415 000	133 946 000	−121 619 000	173 322 000
Operating Profit	77 757 000	26 049 000	261 068 000	−33 067 000
Financial Income	2 552 000	4 065 000	−778 000	753 000
Financial Costs	19 095 000	20 754 000	22 791 000	25 811 000
Financial Balance	−16 543 000	−16 689 000	−23 569 000	−25 058 000
Dividends	0	0	0	0
Net Income	60 921 000	8 656 000	231 554 000	−59 574 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 220 000	5 001 000	4 952 000	5 034 000
Real Eastate	25 144 000	28 734 000	30 133 000	30 206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	944 000	1 102 000	1 404 000	1 511 000
Total Tangible Assets	574 614 000	606 507 000	643 683 000	690 219 000
Total Fiancial Fixed Assets	13 689 000	1 721 000	1 767 000	2 022 000
Total Fixed Assets	590 523 000	613 229 000	650 402 000	697 274 000
Stock	7 149 000	2 424 000	2 943 000	6 395 000
Total Investments	22 000	25 000	5 355 000	5 181 000
Cash, Bank	110 557 000	71 046 000	39 296 000	44 439 000
Total Current Assets	129 285 000	87 814 000	106 373 000	65 464 000
Total Assets	719 808 000	701 043 000	756 775 000	762 738 000
Total Equity	420 876 000	363 260 000	360 479 000	366 998 000
Short-Term Group Debt	1 014 000	2 835 000	1 875 000	911 000
Total Long-Term Debt	240 789 000	281 409 000	289 414 000	255 200 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	17 148 000	35 429 000	18 587 000	21 441 000
Total Current Debt	58 143 000	56 374 000	64 642 000	140 540 000
Total Equity and Debt	719 808 000	701 043 000	714 535 000	762 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,47 %	2,38 %	64,24 %	−16,23 %
Debt-to-Equity Ratio	0,57	0,77	0,8	0,7
Operating Profit Margin	36,82 %	16,28 %	187,21 %	−23,58 %
Current Ratio	2,22	1,56	1,65	0,47
Quick Ratio	2,54	1,63	1,72	0,49
Equity Ratio	0,58	0,52	0,48	0,48
Gross Profit Margin	97,61 %	96,08 %	105,01 %	93,85 %