CHAMPION SHIPPING AS

5232 PARADIS

Finances

Share Ownership

Return on Equity

42,5 %

Current Ratio

2,62

Debt-to-Equity Ratio

0,52

Key figures (USD)	2022	2021	2020	2019
Revenue	91 970 000	46 540 000	47 698 000	57 469 000
Net Income	24 150 000	2 829 000	8 219 000	2 228 000
Total Assets	94 887 000	79 764 000	55 775 000	61 561 000
Total Equity	56 819 000	32 670 000	18 897 000	10 678 000

Income (USD)	2022	2021	2020	2019
Revenue	91 970 000	46 540 000	47 698 000	57 469 000
Expenditure	65 981 000	42 182 000	37 931 000	52 455 000
Operating Profit	25 989 000	4 358 000	9 767 000	5 014 000
Financial Income	46 000	−11 000	−1 000	0
Financial Costs	1 846 000	1 476 000	1 508 000	2 743 000
Financial Balance	−1 800 000	−1 487 000	−1 509 000	−2 743 000
Earnings Before Tax	24 189 000	2 872 000	8 258 000	2 272 000
Tax	39 000	43 000	39 000	43 000
Net Income	24 150 000	2 829 000	8 219 000	2 228 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	72 448 000	66 689 000	45 444 000	49 940 000
Total Current Assets	22 439 000	13 074 000	10 332 000	11 621 000
Total Assets	94 887 000	79 764 000	55 775 000	61 561 000
Total Retained Equity	43 330 000	19 180 000	16 351 000	8 132 000
Total Equity	56 819 000	32 670 000	18 897 000	10 678 000
Total Long-Term Debt	29 503 000	38 065 000	30 828 000	43 346 000
Total Current Debt	8 566 000	9 029 000	6 051 000	7 536 000
Total Equity and Debt	94 887 000	79 764 000	55 775 000	61 561 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	91 970 000	46 540 000	44 313 000	57 469 000
Other Income	0	0	3 385 000	0
Revenue	91 970 000	46 540 000	47 698 000	57 469 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 752 000	7 157 000	6 908 000	8 569 000
Depreciation	2 230 000	4 275 000	5 666 000	6 578 000
Impairment	0	0	0	0
Expenditure	65 981 000	42 182 000	37 931 000	52 455 000
Operating Profit	25 989 000	4 358 000	9 767 000	5 014 000
Financial Income	46 000	−11 000	−1 000	0
Financial Costs	1 846 000	1 476 000	1 508 000	2 743 000
Financial Balance	−1 800 000	−1 487 000	−1 509 000	−2 743 000
Dividends	0	0	0	0
Net Income	24 150 000	2 829 000	8 219 000	2 228 000

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	72 209 000	66 450 000	45 204 000	49 700 000
Total Fiancial Fixed Assets	240 000	240 000	240 000	240 000
Total Fixed Assets	72 448 000	66 689 000	45 444 000	49 940 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 676 000	2 542 000	3 209 000	3 044 000
Total Current Assets	22 439 000	13 074 000	10 332 000	11 621 000
Total Assets	94 887 000	79 764 000	55 775 000	61 561 000
Total Equity	56 819 000	32 670 000	18 897 000	10 678 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 503 000	38 065 000	30 828 000	43 346 000
Creditors	2 932 000	4 143 000	1 878 000	1 998 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 594 000	4 844 000	4 135 000	5 494 000
Total Current Debt	8 566 000	9 029 000	6 051 000	7 536 000
Total Equity and Debt	94 887 000	79 764 000	55 775 000	61 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,5 %	8,66 %	43,49 %	20,87 %
Debt-to-Equity Ratio	0,52	1,17	1,63	4,06
Operating Profit Margin	28,26 %	9,36 %	20,48 %	8,72 %
Current Ratio	2,62	1,45	1,71	1,54
Quick Ratio	2,62	1,45	1,71	1,54
Equity Ratio	0,6	0,41	0,34	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %