ENGEN CHARTERING 2 AS

5059 BERGEN

Finances

Return on Equity

3,3 %

Current Ratio

0,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 477 000	13 295 000	12 224 000	11 464 000
Net Income	8 799 000	155 204 000	−1 164 000	−2 211 000
Total Assets	323 353 000	354 865 000	200 820 000	266 465 000
Total Equity	266 995 000	242 023 000	137 819 000	138 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 477 000	13 295 000	12 224 000	11 464 000
Expenditure	12 942 000	12 410 000	12 200 000	11 995 000
Operating Profit	6 535 000	885 000	25 000	−531 000
Financial Income	7 152 000	156 194 000	919 000	143 000
Financial Costs	2 382 000	1 753 000	2 421 000	2 440 000
Financial Balance	4 770 000	154 441 000	−1 502 000	−2 297 000
Earnings Before Tax	11 306 000	155 326 000	−1 477 000	−2 829 000
Tax	2 506 000	122 000	−313 000	−618 000
Net Income	8 799 000	155 204 000	−1 164 000	−2 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	298 524 000	242 637 000	195 042 000	194 796 000
Total Current Assets	24 829 000	112 228 000	5 778 000	71 669 000
Total Assets	323 353 000	354 865 000	200 820 000	266 465 000
Total Retained Equity	175 273 000	166 474 000	62 270 000	63 434 000
Total Equity	266 995 000	242 023 000	137 819 000	138 983 000
Total Long-Term Debt	3 564 000	51 811 000	55 926 000	61 026 000
Total Current Debt	52 794 000	61 032 000	7 076 000	66 456 000
Total Equity and Debt	323 353 000	354 865 000	200 820 000	266 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	0	0	0
Other Income	19 443 000	13 295 000	12 224 000	11 464 000
Revenue	19 477 000	13 295 000	12 224 000	11 464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	7 121 000	5 414 000	6 059 000	6 828 000
Depreciation	89 000	87 000	87 000	14 000
Impairment	0	0	0	0
Expenditure	12 942 000	12 410 000	12 200 000	11 995 000
Operating Profit	6 535 000	885 000	25 000	−531 000
Financial Income	7 152 000	156 194 000	919 000	143 000
Financial Costs	2 382 000	1 753 000	2 421 000	2 440 000
Financial Balance	4 770 000	154 441 000	−1 502 000	−2 297 000
Dividends	0	0	0	0
Net Income	8 799 000	155 204 000	−1 164 000	−2 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 988 000	10 058 000	10 168 000	9 856 000
Real Eastate	7 000	7 000	7 000	7 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	159 000	246 000	332 000	419 000
Total Tangible Assets	166 000	253 000	340 000	427 000
Total Fiancial Fixed Assets	295 370 000	232 326 000	184 534 000	184 514 000
Total Fixed Assets	298 524 000	242 637 000	195 042 000	194 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 150 000	1 168 000	310 000	4 179 000
Total Current Assets	24 829 000	112 228 000	5 778 000	71 669 000
Total Assets	323 353 000	354 865 000	200 820 000	266 465 000
Total Equity	266 995 000	242 023 000	137 819 000	138 983 000
Short-Term Group Debt	845 000	52 402 000	814 000	126 000
Total Long-Term Debt	3 564 000	51 811 000	55 926 000	61 026 000
Creditors	38 000	3 081 000	14 000	4 000
Unpaid Taxes	969 000	375 000	420 000	651 000
Dividends	0	0	0	0
Other Current Debt	738 000	0	659 000	453 000
Total Current Debt	52 794 000	61 032 000	7 076 000	66 456 000
Total Equity and Debt	323 353 000	354 865 000	200 820 000	266 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,3 %	64,13 %	−0,84 %	−1,59 %
Debt-to-Equity Ratio	0,01	0,21	0,41	0,44
Operating Profit Margin	33,55 %	6,66 %	0,2 %	−4,63 %
Current Ratio	0,47	1,84	0,82	1,08
Quick Ratio	0,47	1,84	0,82	1,08
Equity Ratio	0,83	0,68	0,69	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %