FERDOCEAN SHIPPING AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−3 562,37 %

Current Ratio

0,48

Debt-to-Equity Ratio

20,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 349 000	830 000	3 070 000	0
Net Income	−6 911 000	−9 257 000	−5 149 000	−2 684 000
Total Assets	8 503 000	5 119 000	11 647 000	1 208 000
Total Equity	194 000	2 106 000	11 362 000	−1 931 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 349 000	830 000	3 070 000	0
Expenditure	10 923 000	10 083 000	8 221 000	2 684 000
Operating Profit	−6 574 000	−9 254 000	−5 152 000	−2 684 000
Financial Income	6 000	0	2 000	0
Financial Costs	343 000	3 000	0	0
Financial Balance	−337 000	−3 000	2 000	0
Earnings Before Tax	−6 911 000	−9 257 000	−5 149 000	−2 684 000
Tax	0	0	0	0
Net Income	−6 911 000	−9 257 000	−5 149 000	−2 684 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 442 000	2 000 000	0	0
Total Current Assets	2 061 000	3 119 000	11 647 000	1 208 000
Total Assets	8 503 000	5 119 000	11 647 000	1 208 000
Total Retained Equity	0	0	0	−1 962 000
Total Equity	194 000	2 106 000	11 362 000	−1 931 000
Total Long-Term Debt	3 993 000	0	0	991 000
Total Current Debt	4 315 000	3 014 000	285 000	2 149 000
Total Equity and Debt	8 503 000	5 119 000	11 647 000	1 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 349 000	0	0	0
Other Income	0	830 000	3 070 000	0
Revenue	4 349 000	830 000	3 070 000	0
Cost of Goods Sold	2 767 000	0	0	0
Salary Costs	1 338 000	1 668 000	441 000	0
Depreciation	448 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 923 000	10 083 000	8 221 000	2 684 000
Operating Profit	−6 574 000	−9 254 000	−5 152 000	−2 684 000
Financial Income	6 000	0	2 000	0
Financial Costs	343 000	3 000	0	0
Financial Balance	−337 000	−3 000	2 000	0
Dividends	0	0	0	0
Net Income	−6 911 000	−9 257 000	−5 149 000	−2 684 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000 000	2 000 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 442 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 442 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 442 000	2 000 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	343 000	371 000	11 022 000	1 076 000
Total Current Assets	2 061 000	3 119 000	11 647 000	1 208 000
Total Assets	8 503 000	5 119 000	11 647 000	1 208 000
Total Equity	194 000	2 106 000	11 362 000	−1 931 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 993 000	0	0	991 000
Creditors	1 595 000	990 000	185 000	0
Unpaid Taxes	85 000	132 000	62 000	0
Dividends	0	0	0	0
Other Current Debt	144 000	756 000	38 000	2 149 000
Total Current Debt	4 315 000	3 014 000	285 000	2 149 000
Total Equity and Debt	8 503 000	5 119 000	11 647 000	1 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3 562,37 %	−439,55 %	−45,32 %	139 %
Debt-to-Equity Ratio	20,58	0	0	−0,51
Operating Profit Margin	−151,16 %	−1 114,94 %	−167,82 %	-
Current Ratio	0,48	1,03	40,87	0,56
Quick Ratio	0,48	1,03	40,87	0,56
Equity Ratio	0,02	0,41	0,98	−1,6
Gross Profit Margin	36,38 %	100 %	100 %	-