STRAND SHIPPING AS

8624 MO I RANA

Finances

Return on Equity

276,44 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020
Revenue	222 178 000	144 836 000	103 232 000
Net Income	35 384 000	22 704 000	7 282 000
Total Assets	93 575 000	71 083 000	60 116 000
Total Equity	12 800 000	5 000 000	1 668 000

Income (NOK)	2022	2021	2020
Revenue	222 178 000	144 836 000	103 232 000
Expenditure	179 035 000	115 594 000	100 229 000
Operating Profit	43 143 000	29 242 000	3 002 000
Financial Income	443 000	316 000	5 069 000
Financial Costs	−2 022 000	461 000	20 000
Financial Balance	2 465 000	−145 000	5 049 000
Earnings Before Tax	45 608 000	29 096 000	8 051 000
Tax	10 224 000	6 393 000	769 000
Net Income	35 384 000	22 704 000	7 282 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 430 000	3 874 000	8 712 000
Total Current Assets	89 145 000	67 209 000	51 404 000
Total Assets	93 575 000	71 083 000	60 116 000
Total Retained Equity	3 332 000	3 332 000	0
Total Equity	12 800 000	5 000 000	1 668 000
Total Long-Term Debt	1 394 000	1 041 000	617 000
Total Current Debt	79 381 000	65 042 000	57 832 000
Total Equity and Debt	93 575 000	71 083 000	60 116 000

Cash flow (NOK)	2022	2021	2020
Sales Income	222 178 000	144 566 000	103 232 000
Other Income	0	271 000	0
Revenue	222 178 000	144 836 000	103 232 000
Cost of Goods Sold	22 266 000	5 255 000	4 256 000
Salary Costs	13 828 000	11 074 000	9 328 000
Depreciation	49 000	27 000	19 000
Impairment	0	0	0
Expenditure	179 035 000	115 594 000	100 229 000
Operating Profit	43 143 000	29 242 000	3 002 000
Financial Income	443 000	316 000	5 069 000
Financial Costs	−2 022 000	461 000	20 000
Financial Balance	2 465 000	−145 000	5 049 000
Dividends	32 577 000	19 332 000	32 200 000
Net Income	35 384 000	22 704 000	7 282 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	875 000	676 000	151 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	161 000	156 000	85 000
Total Tangible Assets	161 000	156 000	85 000
Total Fiancial Fixed Assets	3 394 000	3 041 000	8 476 000
Total Fixed Assets	4 430 000	3 874 000	8 712 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	75 992 000	55 278 000	43 537 000
Total Current Assets	89 145 000	67 209 000	51 404 000
Total Assets	93 575 000	71 083 000	60 116 000
Total Equity	12 800 000	5 000 000	1 668 000
Short-Term Group Debt	3 598 000	4 717 000	5 065 000
Total Long-Term Debt	1 394 000	1 041 000	617 000
Creditors	7 316 000	3 932 000	2 847 000
Unpaid Taxes	3 629 000	2 721 000	1 524 000
Dividends	32 577 000	19 332 000	32 200 000
Other Current Debt	21 972 000	27 482 000	15 276 000
Total Current Debt	79 381 000	65 042 000	57 832 000
Total Equity and Debt	93 575 000	71 083 000	60 116 000

Financial indicators	2022	2021	2020
Return on Equity	276,44 %	454,08 %	436,57 %
Debt-to-Equity Ratio	0,11	0,21	0,37
Operating Profit Margin	19,42 %	20,19 %	2,91 %
Current Ratio	1,12	1,03	0,89
Quick Ratio	1,12	1,03	0,89
Equity Ratio	0,14	0,07	0,03
Gross Profit Margin	89,98 %	96,37 %	95,88 %