CHAMPION TANKERS AS

5232 PARADIS

Finances

Return on Equity

79,63 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	384 664 000	185 103 000	44 593 000	2 753 000
Net Income	3 381 000	184 000	698 000	509 000
Total Assets	43 323 000	9 635 000	8 347 000	1 380 000
Total Equity	4 246 000	1 165 000	1 081 000	340 000

Income (USD)	2022	2021	2020	2019
Revenue	384 664 000	185 103 000	44 593 000	2 753 000
Expenditure	382 390 000	184 927 000	43 844 000	2 021 000
Operating Profit	2 273 000	176 000	749 000	732 000
Financial Income	1 656 000	61 000	124 000	−24 000
Financial Costs	0	0	0	21 000
Financial Balance	1 656 000	61 000	124 000	−45 000
Earnings Before Tax	3 929 000	237 000	873 000	687 000
Tax	548 000	53 000	175 000	178 000
Net Income	3 381 000	184 000	698 000	509 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	2 611 000	1 086 000	1 076 000	282 000
Total Current Assets	40 712 000	8 549 000	7 271 000	1 098 000
Total Assets	43 323 000	9 635 000	8 347 000	1 380 000
Total Retained Equity	4 229 000	1 148 000	1 065 000	324 000
Total Equity	4 246 000	1 165 000	1 081 000	340 000
Total Long-Term Debt	0	0	50 000	0
Total Current Debt	39 077 000	8 470 000	7 216 000	1 040 000
Total Equity and Debt	43 323 000	9 635 000	8 347 000	1 380 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	384 156 000	184 780 000	42 412 000	2 753 000
Other Income	508 000	323 000	2 181 000	0
Revenue	384 664 000	185 103 000	44 593 000	2 753 000
Cost of Goods Sold	379 582 000	182 561 000	41 878 000	0
Salary Costs	2 199 000	1 823 000	1 592 000	1 549 000
Depreciation	53 000	51 000	51 000	1 000
Impairment	0	0	0	0
Expenditure	382 390 000	184 927 000	43 844 000	2 021 000
Operating Profit	2 273 000	176 000	749 000	732 000
Financial Income	1 656 000	61 000	124 000	−24 000
Financial Costs	0	0	0	21 000
Financial Balance	1 656 000	61 000	124 000	−45 000
Dividends	1 624 000	181 000	608 000	470 000
Net Income	3 381 000	184 000	698 000	509 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	53 000	104 000	3 000
Total Tangible Assets	0	53 000	104 000	3 000
Total Fiancial Fixed Assets	2 610 000	1 032 000	971 000	278 000
Total Fixed Assets	2 611 000	1 086 000	1 076 000	282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 548 000	816 000	1 532 000	1 086 000
Total Current Assets	40 712 000	8 549 000	7 271 000	1 098 000
Total Assets	43 323 000	9 635 000	8 347 000	1 380 000
Total Equity	4 246 000	1 165 000	1 081 000	340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	50 000	0
Creditors	24 617 000	4 021 000	1 434 000	12 000
Unpaid Taxes	277 000	153 000	145 000	131 000
Dividends	1 624 000	181 000	608 000	470 000
Other Current Debt	13 634 000	4 242 000	5 463 000	718 000
Total Current Debt	39 077 000	8 470 000	7 216 000	1 040 000
Total Equity and Debt	43 323 000	9 635 000	8 347 000	1 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,63 %	15,79 %	64,57 %	149,71 %
Debt-to-Equity Ratio	0	0	0,05	0
Operating Profit Margin	0,59 %	0,1 %	1,68 %	26,59 %
Current Ratio	1,04	1,01	1,01	1,06
Quick Ratio	1,04	1,01	1,01	1,06
Equity Ratio	0,1	0,12	0,13	0,25
Gross Profit Margin	1,32 %	1,37 %	6,09 %	100 %