UGLAND SHIPPING AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

91,42 %

Current Ratio

1 403,98

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	580 050 000	584 695 000	408 178 000	533 966 000
Net Income	470 802 000	325 737 000	−18 412 000	66 174 000
Total Assets	626 467 000	1 887 870 000	2 025 894 000	1 980 006 000
Total Equity	514 976 000	1 194 175 000	1 260 019 000	1 438 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	580 050 000	584 695 000	408 178 000	533 966 000
Expenditure	36 940 000	252 550 000	437 990 000	454 974 000
Operating Profit	543 110 000	332 144 000	−29 813 000	78 991 000
Financial Income	40 233 000	8 725 000	28 321 000	3 291 000
Financial Costs	1 173 000	15 133 000	16 920 000	15 694 000
Financial Balance	39 060 000	−6 408 000	11 401 000	−12 403 000
Earnings Before Tax	582 170 000	325 737 000	−18 412 000	66 588 000
Tax	111 369 000	0	0	414 000
Net Income	470 802 000	325 737 000	−18 412 000	66 174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 181 000	1 553 947 000	1 752 148 000	1 835 878 000
Total Current Assets	171 286 000	333 923 000	273 746 000	144 128 000
Total Assets	626 467 000	1 887 870 000	2 025 894 000	1 980 006 000
Total Retained Equity	470 802 000	1 063 544 000	1 109 869 000	1 288 281 000
Total Equity	514 976 000	1 194 175 000	1 260 019 000	1 438 431 000
Total Long-Term Debt	111 369 000	450 213 000	578 972 000	468 484 000
Total Current Debt	122 000	243 483 000	186 903 000	73 091 000
Total Equity and Debt	626 467 000	1 887 870 000	2 025 894 000	1 980 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 869 000	534 698 000	396 065 000	505 946 000
Other Income	501 181 000	49 997 000	12 112 000	28 019 000
Revenue	580 050 000	584 695 000	408 178 000	533 966 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 574 000	100 872 000	129 679 000	0
Depreciation	9 872 000	83 061 000	119 230 000	131 918 000
Impairment	0	−73 265 000	0	−5 777 000
Expenditure	36 940 000	252 550 000	437 990 000	454 974 000
Operating Profit	543 110 000	332 144 000	−29 813 000	78 991 000
Financial Income	40 233 000	8 725 000	28 321 000	3 291 000
Financial Costs	1 173 000	15 133 000	16 920 000	15 694 000
Financial Balance	39 060 000	−6 408 000	11 401 000	−12 403 000
Dividends	1 150 000 000	0	0	0
Net Income	470 802 000	325 737 000	−18 412 000	66 174 000

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	1 527 487 000	1 722 138 000	1 802 278 000
Total Fiancial Fixed Assets	455 181 000	26 460 000	30 010 000	33 600 000
Total Fixed Assets	455 181 000	1 553 947 000	1 752 148 000	1 835 878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 022 000	207 552 000	229 077 000	108 943 000
Total Current Assets	171 286 000	333 923 000	273 746 000	144 128 000
Total Assets	626 467 000	1 887 870 000	2 025 894 000	1 980 006 000
Total Equity	514 976 000	1 194 175 000	1 260 019 000	1 438 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 369 000	450 213 000	578 972 000	468 484 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 150 000 000	0	0	0
Other Current Debt	122 000	243 483 000	186 903 000	72 677 000
Total Current Debt	122 000	243 483 000	186 903 000	73 091 000
Total Equity and Debt	626 467 000	1 887 870 000	2 025 894 000	1 980 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,42 %	27,28 %	−1,46 %	4,6 %
Debt-to-Equity Ratio	0,22	0,38	0,46	0,33
Operating Profit Margin	93,63 %	56,81 %	−7,3 %	14,79 %
Current Ratio	1 403,98	1,37	1,46	1,97
Quick Ratio	1 403,98	1,37	1,46	1,97
Equity Ratio	0,82	0,63	0,62	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %