BELSHIPS TRADING AS

0283 OSLO

Finances

Share Ownership

Return on Equity

561,2 %

Current Ratio

0,05

Debt-to-Equity Ratio

14,56

Key figures (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	16 589 000	2 909 000	−229 000	211 114 000
Total Assets	90 222 000	95 372 000	92 463 000	852 182 000
Total Equity	2 956 000	728 000	45 619 000	530 245 000

Income (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	5 000	9 000	4 000	150 000
Operating Profit	−5 000	−9 000	−4 000	−150 000
Financial Income	16 134 000	4 160 000	517 000	225 789 000
Financial Costs	1 000	1 242 000	1 282 000	14 525 000
Financial Balance	16 133 000	2 918 000	−765 000	211 264 000
Earnings Before Tax	16 127 000	2 909 000	−769 000	211 114 000
Tax	−462 000	0	−540 000	0
Net Income	16 589 000	2 909 000	−229 000	211 114 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	88 073 000	88 073 000	87 814 000	843 167 000
Total Current Assets	2 149 000	7 299 000	4 650 000	9 015 000
Total Assets	90 222 000	95 372 000	92 463 000	852 182 000
Total Retained Equity	702 000	113 000	7 589 000	223 802 000
Total Equity	2 956 000	728 000	45 619 000	530 245 000
Total Long-Term Debt	43 044 000	43 044 000	43 044 000	321 937 000
Total Current Debt	44 222 000	51 600 000	3 800 000	0
Total Equity and Debt	90 222 000	95 372 000	92 463 000	852 182 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	9 000	4 000	150 000
Operating Profit	−5 000	−9 000	−4 000	−150 000
Financial Income	16 134 000	4 160 000	517 000	225 789 000
Financial Costs	1 000	1 242 000	1 282 000	14 525 000
Financial Balance	16 133 000	2 918 000	−765 000	211 264 000
Dividends	0	0	0	0
Net Income	16 589 000	2 909 000	−229 000	211 114 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	88 073 000	88 073 000	87 814 000	843 167 000
Total Fixed Assets	88 073 000	88 073 000	87 814 000	843 167 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	53 000	57 000	9 013 000
Total Current Assets	2 149 000	7 299 000	4 650 000	9 015 000
Total Assets	90 222 000	95 372 000	92 463 000	852 182 000
Total Equity	2 956 000	728 000	45 619 000	530 245 000
Short-Term Group Debt	28 222 000	3 800 000	3 800 000	0
Total Long-Term Debt	43 044 000	43 044 000	43 044 000	321 937 000
Creditors	0	0	0	0
Unpaid Taxes	0	47 800 000	0	0
Dividends	0	0	0	0
Other Current Debt	16 000 000	0	0	0
Total Current Debt	44 222 000	51 600 000	3 800 000	0
Total Equity and Debt	90 222 000	95 372 000	92 463 000	852 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	561,2 %	399,59 %	−0,5 %	39,81 %
Debt-to-Equity Ratio	14,56	59,13	0,94	0,61
Operating Profit Margin	-	-	-	-
Current Ratio	0,05	0,14	1,22	-
Quick Ratio	0,05	0,14	1,22	-
Equity Ratio	0,03	0,01	0,49	0,62
Gross Profit Margin	-	-	-	-