BRØDRENE KLOVNING SHIPPING AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

11,75 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 091 000	5 711 000	5 181 000	5 014 000
Net Income	450 000	1 073 000	558 000	−21 000
Total Assets	9 325 000	8 857 000	8 110 000	7 595 000
Total Equity	3 830 000	3 310 000	2 077 000	1 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 091 000	5 711 000	5 181 000	5 014 000
Expenditure	5 690 000	4 691 000	4 703 000	5 082 000
Operating Profit	401 000	1 020 000	478 000	−69 000
Financial Income	53 000	13 000	15 000	26 000
Financial Costs	24 000	6 000	3 000	2 000
Financial Balance	29 000	7 000	12 000	24 000
Earnings Before Tax	430 000	1 027 000	490 000	−45 000
Tax	−20 000	−45 000	−68 000	−24 000
Net Income	450 000	1 073 000	558 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	49 000	70 000	38 000
Total Current Assets	9 297 000	8 809 000	8 040 000	7 557 000
Total Assets	9 325 000	8 857 000	8 110 000	7 595 000
Total Retained Equity	2 248 000	1 798 000	726 000	168 000
Total Equity	3 830 000	3 310 000	2 077 000	1 277 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 495 000	5 547 000	6 033 000	6 318 000
Total Equity and Debt	9 325 000	8 857 000	8 110 000	7 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	6 091 000	5 711 000	5 181 000	5 014 000
Revenue	6 091 000	5 711 000	5 181 000	5 014 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 454 000	3 784 000	3 881 000	4 237 000
Depreciation	21 000	21 000	16 000	11 000
Impairment	0	0	0	0
Expenditure	5 690 000	4 691 000	4 703 000	5 082 000
Operating Profit	401 000	1 020 000	478 000	−69 000
Financial Income	53 000	13 000	15 000	26 000
Financial Costs	24 000	6 000	3 000	2 000
Financial Balance	29 000	7 000	12 000	24 000
Dividends	0	0	0	0
Net Income	450 000	1 073 000	558 000	−21 000

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	28 000	49 000	70 000	38 000
Total Tangible Assets	28 000	49 000	70 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	49 000	70 000	38 000
Stock	0	0	0	0
Total Investments	2 419 000	2 239 000	2 020 000	1 696 000
Cash, Bank	1 271 000	2 765 000	724 000	913 000
Total Current Assets	9 297 000	8 809 000	8 040 000	7 557 000
Total Assets	9 325 000	8 857 000	8 110 000	7 595 000
Total Equity	3 830 000	3 310 000	2 077 000	1 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	212 000	128 000	108 000	95 000
Unpaid Taxes	1 317 000	1 008 000	1 164 000	1 038 000
Dividends	0	0	0	0
Other Current Debt	3 965 000	4 411 000	4 761 000	5 184 000
Total Current Debt	5 495 000	5 547 000	6 033 000	6 318 000
Total Equity and Debt	9 325 000	8 857 000	8 110 000	7 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,75 %	32,42 %	26,87 %	−1,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,58 %	17,86 %	9,23 %	−1,38 %
Current Ratio	1,69	1,59	1,33	1,2
Quick Ratio	1,69	1,59	1,33	1,2
Equity Ratio	0,41	0,37	0,26	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %