GRIEG SHIPOWNING AS

5007 BERGEN

Finances

Return on Equity

34,84 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,71

Key figures (USD)	2022	2021	2020	2019
Revenue	279 981 000	159 343 000	136 556 000	0
Net Income	122 153 000	15 591 000	−93 655 000	−4 881 000
Total Assets	645 498 000	574 514 000	603 151 000	498 987 000
Total Equity	350 568 000	229 930 000	213 967 000	297 901 000

Income (USD)	2022	2021	2020	2019
Revenue	279 981 000	159 343 000	136 556 000	0
Expenditure	135 024 000	128 463 000	210 922 000	278 000
Operating Profit	144 957 000	30 880 000	−74 366 000	−278 000
Financial Income	1 783 000	2 429 000	1 464 000	10 635 000
Financial Costs	19 218 000	18 142 000	20 668 000	15 477 000
Financial Balance	−17 435 000	−15 713 000	−19 204 000	−4 842 000
Earnings Before Tax	127 522 000	15 167 000	−93 570 000	−5 120 000
Tax	5 369 000	−424 000	85 000	−238 000
Net Income	122 153 000	15 591 000	−93 655 000	−4 881 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	518 441 000	519 344 000	554 293 000	490 634 000
Total Current Assets	127 057 000	55 170 000	48 858 000	8 353 000
Total Assets	645 498 000	574 514 000	603 151 000	498 987 000
Total Retained Equity	99 369 000	−18 414 000	−34 377 000	49 558 000
Total Equity	350 568 000	229 930 000	213 967 000	297 901 000
Total Long-Term Debt	247 683 000	336 372 000	379 482 000	198 377 000
Total Current Debt	47 248 000	8 213 000	9 702 000	2 709 000
Total Equity and Debt	645 499 000	574 515 000	603 151 000	498 987 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	279 059 000	0	0	0
Other Income	922 000	159 343 000	136 556 000	0
Revenue	279 981 000	159 343 000	136 556 000	0
Cost of Goods Sold	79 942 000	75 513 000	67 171 000	0
Salary Costs	16 759 000	17 665 000	18 919 000	0
Depreciation	31 567 000	31 143 000	37 828 000	0
Impairment	0	0	83 234 000	0
Expenditure	135 024 000	128 463 000	210 922 000	278 000
Operating Profit	144 957 000	30 880 000	−74 366 000	−278 000
Financial Income	1 783 000	2 429 000	1 464 000	10 635 000
Financial Costs	19 218 000	18 142 000	20 668 000	15 477 000
Financial Balance	−17 435 000	−15 713 000	−19 204 000	−4 842 000
Dividends	0	0	0	0
Net Income	122 153 000	15 591 000	−93 655 000	−4 881 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	728 000	254 000	665 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 390 000	0	0	0
Total Tangible Assets	515 883 000	515 666 000	550 820 000	0
Total Fiancial Fixed Assets	2 558 000	2 950 000	3 219 000	489 970 000
Total Fixed Assets	518 441 000	519 344 000	554 293 000	490 634 000
Stock	3 856 000	3 388 000	2 307 000	0
Total Investments	22 997 000	25 052 000	13 967 000	5 105 000
Cash, Bank	61 986 000	19 543 000	25 449 000	26 000
Total Current Assets	127 057 000	55 170 000	48 858 000	8 353 000
Total Assets	645 498 000	574 514 000	603 151 000	498 987 000
Total Equity	350 568 000	229 930 000	213 967 000	297 901 000
Short-Term Group Debt	19 543 000	3 129 000	3 261 000	250 000
Total Long-Term Debt	247 683 000	336 372 000	379 482 000	198 377 000
Creditors	2 632 000	1 143 000	784 000	1 504 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 467 000	3 552 000	5 287 000	955 000
Total Current Debt	47 248 000	8 213 000	9 702 000	2 709 000
Total Equity and Debt	645 499 000	574 515 000	603 151 000	498 987 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,84 %	6,78 %	−43,77 %	−1,64 %
Debt-to-Equity Ratio	0,71	1,46	1,77	0,67
Operating Profit Margin	51,77 %	19,38 %	−54,46 %	-
Current Ratio	2,69	6,72	5,04	3,08
Quick Ratio	2,93	11,43	6,61	3,08
Equity Ratio	0,54	0,4	0,35	0,6
Gross Profit Margin	71,45 %	52,61 %	50,81 %	-