AALESUND SHIPPING GROUP AS

6004 ÅLESUND

Finances

Return on Equity

16,14 %

Current Ratio

44,17

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	505 000	829 000	1 029 000	2 635 000
Net Income	1 666 000	634 000	24 000	643 000
Total Assets	18 537 000	20 009 000	21 269 000	22 053 000
Total Equity	10 325 000	10 809 000	10 850 000	11 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	505 000	829 000	1 029 000	2 635 000
Expenditure	177 000	422 000	575 000	784 000
Operating Profit	327 000	407 000	454 000	1 851 000
Financial Income	2 131 000	651 000	101 000	102 000
Financial Costs	809 000	351 000	482 000	556 000
Financial Balance	1 322 000	300 000	−381 000	−454 000
Earnings Before Tax	1 650 000	707 000	72 000	1 396 000
Tax	−16 000	73 000	47 000	754 000
Net Income	1 666 000	634 000	24 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 622 000	18 274 000	19 492 000	20 392 000
Total Current Assets	2 915 000	1 735 000	1 777 000	1 661 000
Total Assets	18 537 000	20 009 000	21 269 000	22 053 000
Total Retained Equity	8 343 000	8 827 000	8 868 000	−562 000
Total Equity	10 325 000	10 809 000	10 850 000	11 326 000
Total Long-Term Debt	8 146 000	9 028 000	10 065 000	10 694 000
Total Current Debt	66 000	172 000	354 000	33 000
Total Equity and Debt	18 537 000	20 009 000	21 269 000	22 053 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	505 000	510 000	488 000	643 000
Other Income	0	319 000	541 000	1 991 000
Revenue	505 000	829 000	1 029 000	2 635 000
Cost of Goods Sold	0	0	0	110 000
Salary Costs	0	0	0	−3 000
Depreciation	82 000	82 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	177 000	422 000	575 000	784 000
Operating Profit	327 000	407 000	454 000	1 851 000
Financial Income	2 131 000	651 000	101 000	102 000
Financial Costs	809 000	351 000	482 000	556 000
Financial Balance	1 322 000	300 000	−381 000	−454 000
Dividends	0	675 000	500 000	246 000
Net Income	1 666 000	634 000	24 000	643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 021 000	3 103 000	3 185 000	3 268 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	29 000	29 000	29 000
Total Tangible Assets	3 050 000	3 132 000	3 214 000	3 297 000
Total Fiancial Fixed Assets	12 572 000	15 142 000	16 277 000	17 095 000
Total Fixed Assets	15 622 000	18 274 000	19 492 000	20 392 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 904 000	1 133 000	1 777 000	1 477 000
Total Current Assets	2 915 000	1 735 000	1 777 000	1 661 000
Total Assets	18 537 000	20 009 000	21 269 000	22 053 000
Total Equity	10 325 000	10 809 000	10 850 000	11 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 146 000	9 028 000	10 065 000	10 694 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	675 000	500 000	246 000
Other Current Debt	0	0	163 000	32 000
Total Current Debt	66 000	172 000	354 000	33 000
Total Equity and Debt	18 537 000	20 009 000	21 269 000	22 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,14 %	5,87 %	0,22 %	5,68 %
Debt-to-Equity Ratio	0,79	0,84	0,93	0,94
Operating Profit Margin	64,75 %	49,1 %	44,12 %	70,25 %
Current Ratio	44,17	10,09	5,02	50,33
Quick Ratio	44,17	10,09	5,02	50,33
Equity Ratio	0,56	0,54	0,51	0,51
Gross Profit Margin	100 %	100 %	100 %	95,83 %