SKIPSREDER JØRGEN J. LORENTZENS FOND FOR OPPLÆRING OG VIDEREUTDANNING AV ANSATTE I BELSHIPS-KONSERNET

0283 OSLO

Finances

Share Ownership

Return on Equity

−14,16 %

Current Ratio

634,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	−219 000	216 000	160 000
Net Income	−359 000	113 000	−57 000
Total Assets	2 539 000	2 894 000	2 781 000
Total Equity	2 535 000	2 894 000	2 781 000

Income (NOK)	2022	2021	2020
Revenue	−219 000	216 000	160 000
Expenditure	143 000	103 000	173 000
Operating Profit	−362 000	113 000	−13 000
Financial Income	3 000	0	3 000
Financial Costs	0	0	46 000
Financial Balance	3 000	0	−43 000
Earnings Before Tax	−359 000	113 000	−57 000
Tax	0	0	0
Net Income	−359 000	113 000	−57 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	1 381 000	0
Total Current Assets	2 539 000	1 513 000	2 781 000
Total Assets	2 539 000	2 894 000	2 781 000
Total Retained Equity	2 035 000	2 394 000	2 281 000
Total Equity	2 535 000	2 894 000	2 781 000
Total Long-Term Debt	0	0	0
Total Current Debt	4 000	0	0
Total Equity and Debt	2 539 000	2 894 000	2 781 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	−219 000	216 000	160 000
Revenue	−219 000	216 000	160 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	143 000	103 000	173 000
Operating Profit	−362 000	113 000	−13 000
Financial Income	3 000	0	3 000
Financial Costs	0	0	46 000
Financial Balance	3 000	0	−43 000
Dividends	0	0	0
Net Income	−359 000	113 000	−57 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	1 381 000	0
Total Fixed Assets	0	1 381 000	0
Stock	0	0	0
Total Investments	1 470 000	0	1 162 000
Cash, Bank	1 069 000	1 513 000	1 620 000
Total Current Assets	2 539 000	1 513 000	2 781 000
Total Assets	2 539 000	2 894 000	2 781 000
Total Equity	2 535 000	2 894 000	2 781 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	4 000	0	0
Total Equity and Debt	2 539 000	2 894 000	2 781 000

Financial indicators	2022	2021	2020
Return on Equity	−14,16 %	3,9 %	−2,05 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	165,3 %	52,31 %	−8,13 %
Current Ratio	634,75	-	-
Quick Ratio	634,75	-	-
Equity Ratio	1	1	1
Gross Profit Margin	100 %	100 %	100 %