GAIA SHIP MANAGEMENT AS

0484 OSLO

Finances

Return on Equity

0,96 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	90 000	270 000
Net Income	−226 000	−169 000	−16 739 000	−1 011 000
Total Assets	21 704 000	60 128 000	53 655 000	59 913 000
Total Equity	−23 479 000	−8 052 000	−7 883 000	8 856 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	90 000	270 000
Expenditure	245 000	28 000	6 922 000	1 403 000
Operating Profit	−245 000	−28 000	−6 833 000	−1 134 000
Financial Income	25 000	0	11 022 000	281 000
Financial Costs	6 000	141 000	20 928 000	159 000
Financial Balance	19 000	−141 000	−9 906 000	122 000
Earnings Before Tax	−226 000	−169 000	−16 739 000	−1 011 000
Tax	0	0	0	0
Net Income	−226 000	−169 000	−16 739 000	−1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 067 000	153 000	13 386 000	878 000
Total Current Assets	20 637 000	59 975 000	40 269 000	59 035 000
Total Assets	21 704 000	60 128 000	53 655 000	59 913 000
Total Retained Equity	−28 567 000	−13 140 000	−12 971 000	3 768 000
Total Equity	−23 479 000	−8 052 000	−7 883 000	8 856 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 183 000	68 179 000	61 538 000	51 057 000
Total Equity and Debt	21 704 000	60 128 000	53 655 000	59 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	270 000
Other Income	0	0	90 000	0
Revenue	0	0	90 000	270 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	480 000	1 091 000	760 000
Depreciation	0	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	245 000	28 000	6 922 000	1 403 000
Operating Profit	−245 000	−28 000	−6 833 000	−1 134 000
Financial Income	25 000	0	11 022 000	281 000
Financial Costs	6 000	141 000	20 928 000	159 000
Financial Balance	19 000	−141 000	−9 906 000	122 000
Dividends	0	0	0	0
Net Income	−226 000	−169 000	−16 739 000	−1 011 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	153 000	153 000	186 000	219 000
Total Tangible Assets	153 000	153 000	186 000	219 000
Total Fiancial Fixed Assets	914 000	0	13 200 000	659 000
Total Fixed Assets	1 067 000	153 000	13 386 000	878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	31 000	10 000	143 000
Total Current Assets	20 637 000	59 975 000	40 269 000	59 035 000
Total Assets	21 704 000	60 128 000	53 655 000	59 913 000
Total Equity	−23 479 000	−8 052 000	−7 883 000	8 856 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	42 000	667 000	756 000
Unpaid Taxes	0	0	17 000	143 000
Dividends	0	0	0	0
Other Current Debt	45 096 000	68 137 000	60 855 000	50 158 000
Total Current Debt	45 183 000	68 179 000	61 538 000	51 057 000
Total Equity and Debt	21 704 000	60 128 000	53 655 000	59 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,96 %	2,1 %	212,34 %	−11,42 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	-	-	−7 592,22 %	−420 %
Current Ratio	0,46	0,88	0,65	1,16
Quick Ratio	0,46	0,88	0,65	1,16
Equity Ratio	−1,08	−0,13	−0,15	0,15
Gross Profit Margin	-	-	100 %	100 %