O.H. MELING TANKERS KS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

70,25 %

Current Ratio

6,48

Debt-to-Equity Ratio

2,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	244 158 000	114 415 000	139 411 000	125 386 000
Net Income	55 113 000	−27 657 000	3 773 000	−8 811 000
Total Assets	288 485 000	239 815 000	258 849 000	279 665 000
Total Equity	78 449 000	23 336 000	50 993 000	47 220 000

Income (NOK)	2022	2021	2020	2019
Revenue	244 158 000	114 415 000	139 411 000	125 386 000
Expenditure	157 120 000	123 212 000	122 938 000	117 109 000
Operating Profit	87 038 000	−8 797 000	16 472 000	8 276 000
Financial Income	3 600 000	0	54 000	375 000
Financial Costs	35 525 000	18 860 000	12 753 000	17 463 000
Financial Balance	−31 925 000	−18 860 000	−12 699 000	−17 088 000
Earnings Before Tax	55 113 000	−27 657 000	3 773 000	−8 811 000
Tax	0	0	0	0
Net Income	55 113 000	−27 657 000	3 773 000	−8 811 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	195 429 000	214 784 000	233 223 000	252 397 000
Total Current Assets	93 056 000	25 032 000	25 626 000	27 268 000
Total Assets	288 485 000	239 815 000	258 849 000	279 665 000
Total Retained Equity	−27 506 000	−82 619 000	−54 962 000	−58 735 000
Total Equity	78 449 000	23 336 000	50 993 000	47 220 000
Total Long-Term Debt	195 667 000	203 977 000	197 335 000	222 925 000
Total Current Debt	14 369 000	12 502 000	10 520 000	9 520 000
Total Equity and Debt	288 485 000	239 815 000	258 849 000	279 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	244 158 000	114 415 000	139 411 000	125 386 000
Other Income	0	0	0	0
Revenue	244 158 000	114 415 000	139 411 000	125 386 000
Cost of Goods Sold	84 574 000	53 914 000	50 275 000	50 218 000
Salary Costs	28 376 000	25 834 000	25 835 000	23 872 000
Depreciation	19 357 000	19 287 000	19 322 000	14 938 000
Impairment	0	0	0	0
Expenditure	157 120 000	123 212 000	122 938 000	117 109 000
Operating Profit	87 038 000	−8 797 000	16 472 000	8 276 000
Financial Income	3 600 000	0	54 000	375 000
Financial Costs	35 525 000	18 860 000	12 753 000	17 463 000
Financial Balance	−31 925 000	−18 860 000	−12 699 000	−17 088 000
Dividends	0	0	0	0
Net Income	55 113 000	−27 657 000	3 773 000	−8 811 000

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	0	0	0	0
Total Tangible Assets	195 429 000	214 784 000	233 223 000	252 397 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	195 429 000	214 784 000	233 223 000	252 397 000
Stock	5 625 000	3 217 000	3 017 000	3 129 000
Total Investments	0	0	0	0
Cash, Bank	55 398 000	11 182 000	8 714 000	16 106 000
Total Current Assets	93 056 000	25 032 000	25 626 000	27 268 000
Total Assets	288 485 000	239 815 000	258 849 000	279 665 000
Total Equity	78 449 000	23 336 000	50 993 000	47 220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	195 667 000	203 977 000	197 335 000	222 925 000
Creditors	6 858 000	3 489 000	5 053 000	4 715 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 510 000	9 013 000	5 467 000	4 805 000
Total Current Debt	14 369 000	12 502 000	10 520 000	9 520 000
Total Equity and Debt	288 485 000	239 815 000	258 849 000	279 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,25 %	−118,52 %	7,4 %	−18,66 %
Debt-to-Equity Ratio	2,49	8,74	3,87	4,72
Operating Profit Margin	35,65 %	−7,69 %	11,82 %	6,6 %
Current Ratio	6,48	2	2,44	2,86
Quick Ratio	10,64	2,7	3,42	4,27
Equity Ratio	0,27	0,1	0,2	0,17
Gross Profit Margin	65,36 %	52,88 %	63,94 %	59,95 %