SAGA SHIPHOLDING (NORWAY) AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

61,91 %

Current Ratio

0,47

Debt-to-Equity Ratio

3,73

Key figures (USD)	2023	2022	2021	2020
Revenue	232 251 000	213 759 000	139 328 000	123 071 000
Net Income	73 169 000	73 100 000	−75 117 000	−12 364 000
Total Assets	567 802 000	618 557 000	622 716 000	725 670 000
Total Equity	118 192 000	124 696 000	80 052 000	151 662 000

Income (USD)	2023	2022	2021	2020
Revenue	232 251 000	213 759 000	139 328 000	123 071 000
Expenditure	140 369 000	128 982 000	202 085 000	116 334 000
Operating Profit	91 882 000	84 777 000	−62 757 000	6 737 000
Financial Income	450 000	6 000	540 000	745 000
Financial Costs	19 163 000	11 683 000	12 900 000	19 846 000
Financial Balance	−18 713 000	−11 677 000	−12 360 000	−19 101 000
Earnings Before Tax	73 169 000	73 100 000	−75 117 000	−12 364 000
Tax	0	0	0	0
Net Income	73 169 000	73 100 000	−75 117 000	−12 364 000

Balance (USD)	2023	2022	2021	2020
Total Fixed Assets	563 981 000	602 246 000	609 894 000	713 543 000
Total Current Assets	3 821 000	16 311 000	12 822 000	12 127 000
Total Assets	567 802 000	618 557 000	622 716 000	725 670 000
Total Retained Equity	81 394 000	84 001 000	39 357 000	110 967 000
Total Equity	118 192 000	124 696 000	80 052 000	151 662 000
Total Long-Term Debt	441 416 000	486 022 000	536 182 000	568 569 000
Total Current Debt	8 194 000	7 839 000	6 483 000	5 438 000
Total Equity and Debt	567 802 000	618 557 000	622 716 000	725 670 000

Cash flow (USD)	2023	2022	2021	2020
Sales Income	232 251 000	213 759 000	139 328 000	123 071 000
Other Income	0	0	0	0
Revenue	232 251 000	213 759 000	139 328 000	123 071 000
Cost of Goods Sold	112 655 000	101 204 000	0	0
Salary Costs	0	0	0	0
Depreciation	26 332 000	26 458 000	30 347 000	30 286 000
Impairment	0	0	85 265 000	0
Expenditure	140 369 000	128 982 000	202 085 000	116 334 000
Operating Profit	91 882 000	84 777 000	−62 757 000	6 737 000
Financial Income	450 000	6 000	540 000	745 000
Financial Costs	19 163 000	11 683 000	12 900 000	19 846 000
Financial Balance	−18 713 000	−11 677 000	−12 360 000	−19 101 000
Dividends	0	36 408 000	0	0
Net Income	73 169 000	73 100 000	−75 117 000	−12 364 000

Balance details (USD)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	12 746 000	0	0
Fixtures	17 759 000	125 000	0	0
Total Tangible Assets	539 889 000	561 212 000	595 760 000	706 979 000
Total Fiancial Fixed Assets	24 092 000	41 033 000	14 134 000	6 564 000
Total Fixed Assets	563 981 000	602 246 000	609 894 000	713 543 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 552 000	14 783 000	10 842 000	3 050 000
Total Current Assets	3 821 000	16 311 000	12 822 000	12 127 000
Total Assets	567 802 000	618 557 000	622 716 000	725 670 000
Total Equity	118 192 000	124 696 000	80 052 000	151 662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	441 416 000	486 022 000	536 182 000	568 569 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	36 408 000	0	0
Other Current Debt	8 194 000	5 631 000	6 483 000	5 438 000
Total Current Debt	8 194 000	7 839 000	6 483 000	5 438 000
Total Equity and Debt	567 802 000	618 557 000	622 716 000	725 670 000

Financial indicators	2023	2022	2021	2020
Return on Equity	61,91 %	58,62 %	−93,84 %	−8,15 %
Debt-to-Equity Ratio	3,73	3,9	6,7	3,75
Operating Profit Margin	39,56 %	39,66 %	−45,04 %	5,47 %
Current Ratio	0,47	2,08	1,98	2,23
Quick Ratio	0,47	2,08	1,98	2,23
Equity Ratio	0,21	0,2	0,13	0,21
Gross Profit Margin	51,49 %	52,66 %	100 %	100 %