MIL SHIPPING HOLDING AS

0255 OSLO

Finances

Return on Equity

34,25 %

Current Ratio

3,63

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	0	990 000
Net Income	5 860 000	10 231 000	5 084 000	7 179 000
Total Assets	24 930 000	32 842 000	14 911 000	15 883 000
Total Equity	17 111 000	14 251 000	13 519 000	13 435 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	0	990 000
Expenditure	302 000	272 000	69 000	310 000
Operating Profit	−122 000	−92 000	−69 000	680 000
Financial Income	6 641 000	13 648 000	6 658 000	8 577 000
Financial Costs	664 000	394 000	116 000	57 000
Financial Balance	5 977 000	13 254 000	6 542 000	8 520 000
Earnings Before Tax	5 855 000	13 163 000	6 474 000	9 200 000
Tax	−5 000	2 931 000	1 389 000	2 021 000
Net Income	5 860 000	10 231 000	5 084 000	7 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 153 000	17 273 000	5 981 000	5 583 000
Total Current Assets	7 777 000	15 570 000	8 931 000	10 301 000
Total Assets	24 930 000	32 842 000	14 911 000	15 883 000
Total Retained Equity	15 970 000	13 110 000	12 378 000	12 294 000
Total Equity	17 111 000	14 251 000	13 519 000	13 435 000
Total Long-Term Debt	5 680 000	6 311 000	0	0
Total Current Debt	2 140 000	12 281 000	1 392 000	2 448 000
Total Equity and Debt	24 930 000	32 842 000	14 911 000	15 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 000	180 000	0	990 000
Other Income	0	0	0	0
Revenue	180 000	180 000	0	990 000
Cost of Goods Sold	0	0	0	224 000
Salary Costs	0	0	0	0
Depreciation	119 000	70 000	0	0
Impairment	0	0	0	0
Expenditure	302 000	272 000	69 000	310 000
Operating Profit	−122 000	−92 000	−69 000	680 000
Financial Income	6 641 000	13 648 000	6 658 000	8 577 000
Financial Costs	664 000	394 000	116 000	57 000
Financial Balance	5 977 000	13 254 000	6 542 000	8 520 000
Dividends	3 000 000	9 500 000	5 000 000	7 000 000
Net Income	5 860 000	10 231 000	5 084 000	7 179 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 765 000	10 765 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	807 000	926 000	400 000	400 000
Total Tangible Assets	11 573 000	11 692 000	400 000	400 000
Total Fiancial Fixed Assets	5 581 000	5 581 000	5 581 000	5 183 000
Total Fixed Assets	17 153 000	17 273 000	5 981 000	5 583 000
Stock	0	0	0	0
Total Investments	1 050 000	1 684 000	1 234 000	856 000
Cash, Bank	282 000	354 000	320 000	961 000
Total Current Assets	7 777 000	15 570 000	8 931 000	10 301 000
Total Assets	24 930 000	32 842 000	14 911 000	15 883 000
Total Equity	17 111 000	14 251 000	13 519 000	13 435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 680 000	6 311 000	0	0
Creditors	8 000	4 000	3 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	9 500 000	5 000 000	7 000 000
Other Current Debt	2 132 000	9 356 000	0	436 000
Total Current Debt	2 140 000	12 281 000	1 392 000	2 448 000
Total Equity and Debt	24 930 000	32 842 000	14 911 000	15 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,25 %	71,79 %	37,61 %	53,44 %
Debt-to-Equity Ratio	0,33	0,44	0	0
Operating Profit Margin	−67,78 %	−51,11 %	-	68,69 %
Current Ratio	3,63	1,27	6,42	4,21
Quick Ratio	3,63	1,27	6,42	4,21
Equity Ratio	0,69	0,43	0,91	0,85
Gross Profit Margin	100 %	100 %	-	77,37 %