BALTIC LINE AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

156,84 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 163 000	129 428 000	90 663 000	83 957 000
Net Income	22 690 000	11 107 000	7 695 000	3 133 000
Total Assets	49 069 000	23 782 000	15 097 000	7 926 000
Total Equity	14 467 000	5 777 000	7 670 000	275 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 163 000	129 428 000	90 663 000	83 957 000
Expenditure	152 134 000	115 277 000	81 731 000	79 744 000
Operating Profit	28 029 000	14 152 000	8 932 000	4 213 000
Financial Income	4 665 000	3 664 000	935 000	0
Financial Costs	3 600 000	3 557 000	1 000	182 000
Financial Balance	1 065 000	107 000	934 000	−182 000
Earnings Before Tax	29 095 000	14 258 000	9 867 000	4 031 000
Tax	6 405 000	3 152 000	2 172 000	899 000
Net Income	22 690 000	11 107 000	7 695 000	3 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 404 000	1 680 000	9 000	18 000
Total Current Assets	43 665 000	22 102 000	15 088 000	7 908 000
Total Assets	49 069 000	23 782 000	15 097 000	7 926 000
Total Retained Equity	14 192 000	5 501 000	7 395 000	0
Total Equity	14 467 000	5 777 000	7 670 000	275 000
Total Long-Term Debt	114 000	0	2 000	1 000
Total Current Debt	34 488 000	18 005 000	7 425 000	7 649 000
Total Equity and Debt	49 069 000	23 782 000	15 097 000	7 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	180 163 000	129 428 000	90 663 000	83 957 000
Revenue	180 163 000	129 428 000	90 663 000	83 957 000
Cost of Goods Sold	146 329 000	43 496 000	35 862 000	34 841 000
Salary Costs	0	0	0	8 000
Depreciation	0	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	152 134 000	115 277 000	81 731 000	79 744 000
Operating Profit	28 029 000	14 152 000	8 932 000	4 213 000
Financial Income	4 665 000	3 664 000	935 000	0
Financial Costs	3 600 000	3 557 000	1 000	182 000
Financial Balance	1 065 000	107 000	934 000	−182 000
Dividends	14 000 000	7 000 000	300 000	0
Net Income	22 690 000	11 107 000	7 695 000	3 133 000

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	2 589 000	0	9 000	18 000
Fixtures	0	0	0	0
Total Tangible Assets	2 589 000	0	9 000	18 000
Total Fiancial Fixed Assets	2 814 000	1 680 000	0	0
Total Fixed Assets	5 404 000	1 680 000	9 000	18 000
Stock	2 355 000	1 106 000	494 000	786 000
Total Investments	0	0	0	0
Cash, Bank	22 746 000	5 104 000	7 683 000	2 619 000
Total Current Assets	43 665 000	22 102 000	15 088 000	7 908 000
Total Assets	49 069 000	23 782 000	15 097 000	7 926 000
Total Equity	14 467 000	5 777 000	7 670 000	275 000
Short-Term Group Debt	6 000	0	6 000	4 251 000
Total Long-Term Debt	114 000	0	2 000	1 000
Creditors	11 530 000	6 652 000	3 231 000	1 506 000
Unpaid Taxes	0	0	0	0
Dividends	14 000 000	7 000 000	300 000	0
Other Current Debt	2 661 000	1 199 000	1 717 000	1 892 000
Total Current Debt	34 488 000	18 005 000	7 425 000	7 649 000
Total Equity and Debt	49 069 000	23 782 000	15 097 000	7 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,84 %	192,26 %	100,33 %	1 139,27 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	15,56 %	10,93 %	9,85 %	5,02 %
Current Ratio	1,27	1,23	2,03	1,03
Quick Ratio	1,36	1,31	2,18	1,15
Equity Ratio	0,29	0,24	0,51	0,03
Gross Profit Margin	18,78 %	66,39 %	60,44 %	58,5 %