AGDER OCEAN SHIPPING AS

4876 GRIMSTAD

Finances

Return on Equity

0,95 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 468 000	6 118 000	241 000	1 945 000
Net Income	110 000	7 048 000	−895 000	2 475 000
Total Assets	17 556 000	18 413 000	12 537 000	13 563 000
Total Equity	11 582 000	12 972 000	8 847 000	9 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 468 000	6 118 000	241 000	1 945 000
Expenditure	1 770 000	1 912 000	781 000	1 503 000
Operating Profit	698 000	4 206 000	−540 000	443 000
Financial Income	2 460 000	4 225 000	1 860 000	2 361 000
Financial Costs	2 765 000	1 039 000	2 215 000	329 000
Financial Balance	−305 000	3 186 000	−355 000	2 032 000
Earnings Before Tax	393 000	7 392 000	−895 000	2 475 000
Tax	283 000	343 000	0	0
Net Income	110 000	7 048 000	−895 000	2 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 648 000	4 342 000	2 759 000	2 688 000
Total Current Assets	13 908 000	14 072 000	9 778 000	10 875 000
Total Assets	17 556 000	18 413 000	12 537 000	13 563 000
Total Retained Equity	11 401 000	12 791 000	8 743 000	9 638 000
Total Equity	11 582 000	12 972 000	8 847 000	9 742 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 974 000	5 441 000	3 690 000	3 821 000
Total Equity and Debt	17 556 000	18 413 000	12 537 000	13 563 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 468 000	6 118 000	241 000	1 882 000
Other Income	0	0	0	64 000
Revenue	2 468 000	6 118 000	241 000	1 945 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 416 000	1 615 000	520 000	1 112 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 770 000	1 912 000	781 000	1 503 000
Operating Profit	698 000	4 206 000	−540 000	443 000
Financial Income	2 460 000	4 225 000	1 860 000	2 361 000
Financial Costs	2 765 000	1 039 000	2 215 000	329 000
Financial Balance	−305 000	3 186 000	−355 000	2 032 000
Dividends	0	0	0	0
Net Income	110 000	7 048 000	−895 000	2 475 000

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	8 000	8 000	8 000	8 000
Total Tangible Assets	8 000	8 000	8 000	8 000
Total Fiancial Fixed Assets	3 639 000	4 333 000	2 750 000	2 680 000
Total Fixed Assets	3 648 000	4 342 000	2 759 000	2 688 000
Stock	0	0	0	0
Total Investments	9 132 000	10 352 000	6 875 000	7 828 000
Cash, Bank	4 675 000	3 704 000	2 316 000	3 041 000
Total Current Assets	13 908 000	14 072 000	9 778 000	10 875 000
Total Assets	17 556 000	18 413 000	12 537 000	13 563 000
Total Equity	11 582 000	12 972 000	8 847 000	9 742 000
Short-Term Group Debt	5 370 000	5 130 000	3 569 000	3 569 000
Total Long-Term Debt	0	0	0	0
Creditors	22 000	25 000	0	16 000
Unpaid Taxes	173 000	87 000	33 000	99 000
Dividends	0	0	0	0
Other Current Debt	178 000	199 000	88 000	138 000
Total Current Debt	5 974 000	5 441 000	3 690 000	3 821 000
Total Equity and Debt	17 556 000	18 413 000	12 537 000	13 563 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,95 %	54,33 %	−10,12 %	25,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,28 %	68,75 %	−224,07 %	22,78 %
Current Ratio	2,33	2,59	2,65	2,85
Quick Ratio	2,33	2,59	2,65	2,85
Equity Ratio	0,66	0,7	0,71	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %