AET SEA SHUTTLE II AS

4816 KOLBJØRNSVIK

Finances

Share Ownership

Return on Equity

18,23 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,91

Key figures (USD)	2022	2021	2020	2019
Revenue	45 047 000	45 979 000	24 295 000	0
Net Income	26 713 000	16 223 000	5 307 000	−142 000
Total Assets	298 914 000	294 322 000	304 847 000	3 000
Total Equity	146 507 000	122 794 000	100 536 000	−139 000

Income (USD)	2022	2021	2020	2019
Revenue	45 047 000	45 979 000	24 295 000	0
Expenditure	26 783 000	25 601 000	14 860 000	8 000
Operating Profit	18 264 000	20 378 000	9 435 000	−8 000
Financial Income	12 235 000	0	0	0
Financial Costs	3 786 000	4 155 000	4 128 000	134 000
Financial Balance	8 449 000	−4 155 000	−4 128 000	−134 000
Earnings Before Tax	26 713 000	16 223 000	5 307 000	−142 000
Tax	0	0	0	0
Net Income	26 713 000	16 223 000	5 307 000	−142 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	271 650 000	273 095 000	285 414 000	0
Total Current Assets	27 264 000	21 227 000	19 433 000	3 000
Total Assets	298 914 000	294 322 000	304 847 000	3 000
Total Retained Equity	46 569 000	22 856 000	100 532 000	−142 000
Total Equity	146 507 000	122 794 000	100 536 000	−139 000
Total Long-Term Debt	133 819 000	146 625 000	166 993 000	142 000
Total Current Debt	18 588 000	24 903 000	37 318 000	0
Total Equity and Debt	298 914 000	294 322 000	304 847 000	3 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	45 047 000	44 450 000	23 768 000	0
Other Income	0	1 529 000	527 000	0
Revenue	45 047 000	45 979 000	24 295 000	0
Cost of Goods Sold	26 124 000	25 051 000	14 449 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 783 000	25 601 000	14 860 000	8 000
Operating Profit	18 264 000	20 378 000	9 435 000	−8 000
Financial Income	12 235 000	0	0	0
Financial Costs	3 786 000	4 155 000	4 128 000	134 000
Financial Balance	8 449 000	−4 155 000	−4 128 000	−134 000
Dividends	0	0	0	0
Net Income	26 713 000	16 223 000	5 307 000	−142 000

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	0	0	0	0
Total Tangible Assets	257 947 000	271 627 000	285 414 000	0
Total Fiancial Fixed Assets	13 703 000	1 468 000	0	0
Total Fixed Assets	271 650 000	273 095 000	285 414 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 428 000	14 799 000	13 063 000	3 000
Total Current Assets	27 264 000	21 227 000	19 433 000	3 000
Total Assets	298 914 000	294 322 000	304 847 000	3 000
Total Equity	146 507 000	122 794 000	100 536 000	−139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	133 819 000	146 625 000	166 993 000	142 000
Creditors	2 580 000	8 895 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	21 310 000	0
Total Current Debt	18 588 000	24 903 000	37 318 000	0
Total Equity and Debt	298 914 000	294 322 000	304 847 000	3 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,23 %	13,21 %	5,28 %	102,16 %
Debt-to-Equity Ratio	0,91	1,19	1,66	−1,02
Operating Profit Margin	40,54 %	44,32 %	38,84 %	-
Current Ratio	1,47	0,85	0,52	-
Quick Ratio	1,47	0,85	0,52	-
Equity Ratio	0,49	0,42	0,33	−46,33
Gross Profit Margin	42,01 %	45,52 %	40,53 %	-