FINN SØYLAND SHIPPING AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

4,42 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 357 000	4 133 000	3 538 000	3 288 000
Net Income	20 000	17 000	30 000	2 000
Total Assets	1 204 000	1 836 000	1 492 000	1 435 000
Total Equity	453 000	433 000	416 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 357 000	4 133 000	3 538 000	3 288 000
Expenditure	3 328 000	4 094 000	3 487 000	3 272 000
Operating Profit	29 000	39 000	50 000	17 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	12 000	16 000	13 000	15 000
Financial Balance	−2 000	−16 000	−12 000	−13 000
Earnings Before Tax	26 000	23 000	39 000	4 000
Tax	6 000	6 000	8 000	2 000
Net Income	20 000	17 000	30 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 204 000	1 836 000	1 492 000	1 435 000
Total Assets	1 204 000	1 836 000	1 492 000	1 435 000
Total Retained Equity	423 000	403 000	386 000	356 000
Total Equity	453 000	433 000	416 000	386 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	751 000	1 403 000	1 076 000	1 049 000
Total Equity and Debt	1 204 000	1 836 000	1 492 000	1 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 160 000	3 885 000	3 302 000	2 913 000
Other Income	197 000	248 000	236 000	375 000
Revenue	3 357 000	4 133 000	3 538 000	3 288 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 116 000	3 837 000	3 235 000	3 004 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 328 000	4 094 000	3 487 000	3 272 000
Operating Profit	29 000	39 000	50 000	17 000
Financial Income	10 000	0	1 000	2 000
Financial Costs	12 000	16 000	13 000	15 000
Financial Balance	−2 000	−16 000	−12 000	−13 000
Dividends	0	0	0	0
Net Income	20 000	17 000	30 000	2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	387 000	1 473 000	1 425 000	745 000
Total Current Assets	1 204 000	1 836 000	1 492 000	1 435 000
Total Assets	1 204 000	1 836 000	1 492 000	1 435 000
Total Equity	453 000	433 000	416 000	386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	524 000	371 000	498 000
Unpaid Taxes	252 000	541 000	402 000	296 000
Dividends	0	0	0	0
Other Current Debt	476 000	332 000	295 000	252 000
Total Current Debt	751 000	1 403 000	1 076 000	1 049 000
Total Equity and Debt	1 204 000	1 836 000	1 492 000	1 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,42 %	3,93 %	7,21 %	0,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,86 %	0,94 %	1,41 %	0,52 %
Current Ratio	1,6	1,31	1,39	1,37
Quick Ratio	1,6	1,31	1,39	1,37
Equity Ratio	0,38	0,24	0,28	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %