FJORD SHIPPING AS

6700 MÅLØY

Finances

Return on Equity

1,24 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 601 000	32 268 000	40 399 000	34 288 000
Net Income	37 000	382 000	1 857 000	83 000
Total Assets	12 007 000	13 072 000	11 733 000	10 097 000
Total Equity	2 986 000	5 965 000	6 503 000	4 645 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 601 000	32 268 000	40 399 000	34 288 000
Expenditure	38 623 000	31 857 000	37 967 000	34 279 000
Operating Profit	−22 000	411 000	2 432 000	9 000
Financial Income	298 000	145 000	94 000	181 000
Financial Costs	268 000	78 000	146 000	112 000
Financial Balance	30 000	67 000	−52 000	69 000
Earnings Before Tax	8 000	477 000	2 380 000	78 000
Tax	−29 000	96 000	523 000	−5 000
Net Income	37 000	382 000	1 857 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 619 000	4 627 000	4 930 000	4 780 000
Total Current Assets	8 388 000	8 445 000	6 803 000	5 317 000
Total Assets	12 007 000	13 072 000	11 733 000	10 097 000
Total Retained Equity	1 428 000	4 407 000	4 945 000	3 087 000
Total Equity	2 986 000	5 965 000	6 503 000	4 645 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	9 021 000	7 107 000	5 230 000	5 446 000
Total Equity and Debt	12 007 000	13 072 000	11 733 000	10 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 598 000	32 268 000	40 399 000	34 288 000
Other Income	3 000	0	0	0
Revenue	38 601 000	32 268 000	40 399 000	34 288 000
Cost of Goods Sold	19 040 000	12 614 000	19 777 000	15 657 000
Salary Costs	15 921 000	15 869 000	14 930 000	15 316 000
Depreciation	222 000	240 000	206 000	189 000
Impairment	0	0	0	0
Expenditure	38 623 000	31 857 000	37 967 000	34 279 000
Operating Profit	−22 000	411 000	2 432 000	9 000
Financial Income	298 000	145 000	94 000	181 000
Financial Costs	268 000	78 000	146 000	112 000
Financial Balance	30 000	67 000	−52 000	69 000
Dividends	0	500 000	0	0
Net Income	37 000	382 000	1 857 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	68 000	13 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	303 000	274 000	498 000	473 000
Total Tangible Assets	303 000	274 000	498 000	473 000
Total Fiancial Fixed Assets	3 239 000	4 286 000	4 420 000	4 286 000
Total Fixed Assets	3 619 000	4 627 000	4 930 000	4 780 000
Stock	129 000	206 000	157 000	231 000
Total Investments	5 000	0	0	0
Cash, Bank	2 981 000	5 005 000	2 716 000	798 000
Total Current Assets	8 388 000	8 445 000	6 803 000	5 317 000
Total Assets	12 007 000	13 072 000	11 733 000	10 097 000
Total Equity	2 986 000	5 965 000	6 503 000	4 645 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	2 087 000	1 457 000	1 361 000	2 096 000
Unpaid Taxes	2 039 000	1 644 000	1 822 000	1 673 000
Dividends	0	500 000	0	0
Other Current Debt	4 895 000	3 505 000	1 515 000	1 676 000
Total Current Debt	9 021 000	7 107 000	5 230 000	5 446 000
Total Equity and Debt	12 007 000	13 072 000	11 733 000	10 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,24 %	6,4 %	28,56 %	1,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,06 %	1,27 %	6,02 %	0,03 %
Current Ratio	0,93	1,19	1,3	0,98
Quick Ratio	0,94	1,22	1,34	1,02
Equity Ratio	0,25	0,46	0,55	0,46
Gross Profit Margin	50,67 %	60,91 %	51,05 %	54,34 %