EASTERN BULK CARRIERS AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

103,06 %

Current Ratio

2,77

Debt-to-Equity Ratio

0,18

Key figures (USD)	2022	2021	2020	2019
Revenue	46 542 000	57 525 000	37 604 000	22 591 000
Net Income	9 154 000	14 019 000	−5 526 000	1 049 000
Total Assets	13 088 000	9 795 000	4 762 000	10 323 000
Total Equity	8 882 000	−271 000	−8 570 000	−3 043 000

Income (USD)	2022	2021	2020	2019
Revenue	46 542 000	57 525 000	37 604 000	22 591 000
Expenditure	36 836 000	43 384 000	43 328 000	21 596 000
Operating Profit	9 706 000	14 141 000	−5 724 000	995 000
Financial Income	63 000	384 000	610 000	1 055 000
Financial Costs	11 000	17 000	412 000	1 000 000
Financial Balance	52 000	367 000	198 000	55 000
Earnings Before Tax	9 757 000	14 508 000	−5 526 000	1 049 000
Tax	−603 000	489 000	0	0
Net Income	9 154 000	14 019 000	−5 526 000	1 049 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	5 958 000	3 667 000	4 220 000	3 874 000
Total Current Assets	7 130 000	6 128 000	542 000	6 449 000
Total Assets	13 088 000	9 795 000	4 762 000	10 323 000
Total Retained Equity	−2 242 000	−11 396 000	−19 267 000	−13 741 000
Total Equity	8 882 000	−271 000	−8 570 000	−3 043 000
Total Long-Term Debt	1 629 000	8 627 000	9 229 000	9 224 000
Total Current Debt	2 577 000	1 440 000	4 103 000	4 142 000
Total Equity and Debt	13 088 000	9 795 000	4 762 000	10 323 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	49 662 000	57 525 000	37 604 000	22 591 000
Other Income	0	0	0	0
Revenue	46 542 000	57 525 000	37 604 000	22 591 000
Cost of Goods Sold	34 773 000	41 107 000	41 932 000	5 472 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 836 000	43 384 000	43 328 000	21 596 000
Operating Profit	9 706 000	14 141 000	−5 724 000	995 000
Financial Income	63 000	384 000	610 000	1 055 000
Financial Costs	11 000	17 000	412 000	1 000 000
Financial Balance	52 000	367 000	198 000	55 000
Dividends	0	0	0	0
Net Income	9 154 000	14 019 000	−5 526 000	1 049 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 526 000	3 497 000	3 986 000	3 874 000
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	3 432 000	170 000	234 000	0
Total Fixed Assets	5 958 000	3 667 000	4 220 000	3 874 000
Stock	1 839 000	0	119 000	997 000
Total Investments	0	0	0	0
Cash, Bank	3 224 000	4 199 000	44 000	1 530 000
Total Current Assets	7 130 000	6 128 000	542 000	6 449 000
Total Assets	13 088 000	9 795 000	4 762 000	10 323 000
Total Equity	8 882 000	−271 000	−8 570 000	−3 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 629 000	8 627 000	9 229 000	9 224 000
Creditors	808 000	400 000	345 000	1 042 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 769 000	1 040 000	3 758 000	3 100 000
Total Current Debt	2 577 000	1 440 000	4 103 000	4 142 000
Total Equity and Debt	13 088 000	9 795 000	4 762 000	10 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,06 %	−5 173,06 %	64,48 %	−34,47 %
Debt-to-Equity Ratio	0,18	−31,83	−1,08	−3,03
Operating Profit Margin	20,85 %	24,58 %	−15,22 %	4,4 %
Current Ratio	2,77	4,26	0,13	1,56
Quick Ratio	9,66	4,26	0,14	2,05
Equity Ratio	0,68	−0,03	−1,8	−0,29
Gross Profit Margin	25,29 %	28,54 %	−11,51 %	75,78 %