KEY SHIPPING AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

67,24 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 169 000	149 890 000	150 571 000	132 578 000
Net Income	36 842 000	18 979 000	−3 862 000	9 098 000
Total Assets	110 612 000	103 725 000	87 722 000	110 357 000
Total Equity	54 795 000	47 953 000	53 974 000	57 836 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 169 000	149 890 000	150 571 000	132 578 000
Expenditure	123 481 000	129 663 000	154 643 000	121 179 000
Operating Profit	37 688 000	20 227 000	−4 070 000	11 399 000
Financial Income	153 000	−404 000	1 245 000	−850 000
Financial Costs	983 000	825 000	1 018 000	1 433 000
Financial Balance	−830 000	−1 229 000	227 000	−2 283 000
Earnings Before Tax	36 858 000	18 997 000	−3 843 000	9 116 000
Tax	16 000	18 000	18 000	18 000
Net Income	36 842 000	18 979 000	−3 862 000	9 098 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 775 000	56 785 000	70 174 000	82 415 000
Total Current Assets	56 837 000	46 940 000	17 548 000	27 943 000
Total Assets	110 612 000	103 725 000	87 722 000	110 357 000
Total Retained Equity	54 595 000	47 753 000	53 774 000	57 636 000
Total Equity	54 795 000	47 953 000	53 974 000	57 836 000
Total Long-Term Debt	18 071 000	21 214 000	21 934 000	23 762 000
Total Current Debt	37 746 000	34 557 000	11 813 000	28 759 000
Total Equity and Debt	110 612 000	103 725 000	87 722 000	110 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 169 000	146 452 000	150 571 000	132 578 000
Other Income	0	3 438 000	0	0
Revenue	161 169 000	149 890 000	150 571 000	132 578 000
Cost of Goods Sold	0	0	0	0
Salary Costs	54 126 000	56 395 000	59 176 000	57 526 000
Depreciation	30 943 000	28 936 000	43 570 000	27 303 000
Impairment	0	0	4 089 000	0
Expenditure	123 481 000	129 663 000	154 643 000	121 179 000
Operating Profit	37 688 000	20 227 000	−4 070 000	11 399 000
Financial Income	153 000	−404 000	1 245 000	−850 000
Financial Costs	983 000	825 000	1 018 000	1 433 000
Financial Balance	−830 000	−1 229 000	227 000	−2 283 000
Dividends	0	0	0	0
Net Income	36 842 000	18 979 000	−3 862 000	9 098 000

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	53 775 000	56 785 000	70 174 000	82 415 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 775 000	56 785 000	70 174 000	82 415 000
Stock	1 905 000	1 179 000	989 000	1 068 000
Total Investments	0	0	0	0
Cash, Bank	2 002 000	2 373 000	3 036 000	2 124 000
Total Current Assets	56 837 000	46 940 000	17 548 000	27 943 000
Total Assets	110 612 000	103 725 000	87 722 000	110 357 000
Total Equity	54 795 000	47 953 000	53 974 000	57 836 000
Short-Term Group Debt	30 000 000	25 833 000	5 202 000	22 884 000
Total Long-Term Debt	18 071 000	21 214 000	21 934 000	23 762 000
Creditors	4 953 000	5 860 000	4 395 000	3 811 000
Unpaid Taxes	344 000	457 000	381 000	222 000
Dividends	0	0	0	0
Other Current Debt	2 432 000	2 389 000	1 817 000	1 823 000
Total Current Debt	37 746 000	34 557 000	11 813 000	28 759 000
Total Equity and Debt	110 612 000	103 725 000	87 722 000	110 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,24 %	39,58 %	−7,16 %	15,73 %
Debt-to-Equity Ratio	0,33	0,44	0,41	0,41
Operating Profit Margin	23,38 %	13,49 %	−2,7 %	8,6 %
Current Ratio	1,51	1,36	1,49	0,97
Quick Ratio	1,59	1,41	1,62	1,01
Equity Ratio	0,5	0,46	0,62	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %