FJORD MARITIME AS

5106 ØVRE ERVIK

Finances

Return on Equity

58,74 %

Current Ratio

2,22

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020
Revenue	180 186 000	104 963 000	50 630 000
Net Income	40 409 000	17 385 000	2 683 000
Total Assets	132 600 000	64 703 000	42 515 000
Total Equity	68 797 000	38 407 000	21 419 000

Income (NOK)	2022	2021	2020
Revenue	180 186 000	104 963 000	50 630 000
Expenditure	129 914 000	82 177 000	45 728 000
Operating Profit	50 271 000	22 786 000	4 902 000
Financial Income	2 014 000	353 000	287 000
Financial Costs	978 000	921 000	1 804 000
Financial Balance	1 036 000	−568 000	−1 517 000
Earnings Before Tax	51 307 000	22 218 000	3 385 000
Tax	10 898 000	4 833 000	702 000
Net Income	40 409 000	17 385 000	2 683 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	18 893 000	15 486 000	8 545 000
Total Current Assets	113 706 000	49 217 000	33 970 000
Total Assets	132 600 000	64 703 000	42 515 000
Total Retained Equity	49 352 000	18 962 000	1 974 000
Total Equity	68 797 000	38 407 000	21 419 000
Total Long-Term Debt	12 579 000	8 183 000	8 477 000
Total Current Debt	51 224 000	18 113 000	12 619 000
Total Equity and Debt	132 600 000	64 703 000	42 515 000

Cash flow (NOK)	2022	2021	2020
Sales Income	180 186 000	104 913 000	50 346 000
Other Income	0	50 000	283 000
Revenue	180 186 000	104 963 000	50 630 000
Cost of Goods Sold	89 272 000	64 817 000	37 608 000
Salary Costs	27 461 000	10 158 000	4 127 000
Depreciation	4 179 000	2 171 000	967 000
Impairment	0	0	0
Expenditure	129 914 000	82 177 000	45 728 000
Operating Profit	50 271 000	22 786 000	4 902 000
Financial Income	2 014 000	353 000	287 000
Financial Costs	978 000	921 000	1 804 000
Financial Balance	1 036 000	−568 000	−1 517 000
Dividends	0	396 000	0
Net Income	40 409 000	17 385 000	2 683 000

Balance details (NOK)	2022	2021	2020
Goodwill	980 000	0	0
Total Intangible Assets	17 417 000	13 762 000	8 545 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	477 000	224 000	0
Total Tangible Assets	477 000	224 000	0
Total Fiancial Fixed Assets	1 000 000	1 500 000	0
Total Fixed Assets	18 893 000	15 486 000	8 545 000
Stock	17 606 000	1 657 000	0
Total Investments	0	0	0
Cash, Bank	30 117 000	20 073 000	7 093 000
Total Current Assets	113 706 000	49 217 000	33 970 000
Total Assets	132 600 000	64 703 000	42 515 000
Total Equity	68 797 000	38 407 000	21 419 000
Short-Term Group Debt	0	126 000	0
Total Long-Term Debt	12 579 000	8 183 000	8 477 000
Creditors	9 756 000	3 941 000	2 947 000
Unpaid Taxes	15 963 000	6 388 000	3 625 000
Dividends	0	396 000	0
Other Current Debt	25 341 000	5 538 000	5 767 000
Total Current Debt	51 224 000	18 113 000	12 619 000
Total Equity and Debt	132 600 000	64 703 000	42 515 000

Financial indicators	2022	2021	2020
Return on Equity	58,74 %	45,27 %	12,53 %
Debt-to-Equity Ratio	0,18	0,21	0,4
Operating Profit Margin	27,9 %	21,71 %	9,68 %
Current Ratio	2,22	2,72	2,69
Quick Ratio	3,38	2,99	2,69
Equity Ratio	0,52	0,59	0,5
Gross Profit Margin	50,46 %	38,25 %	25,72 %