MOWINCKEL BULK AS

5003 BERGEN

Finances

Return on Equity

4,2 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,02

Key figures (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−22 000	−13 000	−15 000	−294 000
Total Assets	12 000	13 000	17 000	20 000
Total Equity	−524 000	−502 000	−489 000	−474 000

Income (USD)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 000	2 000	2 000	2 000
Operating Profit	−1 000	−2 000	−2 000	−2 000
Financial Income	0	0	0	2 000
Financial Costs	21 000	11 000	13 000	293 000
Financial Balance	−21 000	−11 000	−13 000	−291 000
Earnings Before Tax	−22 000	−13 000	−15 000	−294 000
Tax	0	0	0	0
Net Income	−22 000	−13 000	−15 000	−294 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	7 000	9 000	12 000	15 000
Total Assets	12 000	13 000	17 000	20 000
Total Retained Equity	−4 302 000	−4 280 000	−4 267 000	−4 252 000
Total Equity	−524 000	−502 000	−489 000	−474 000
Total Long-Term Debt	536 000	515 000	505 000	492 000
Total Current Debt	0	0	1 000	2 000
Total Equity and Debt	12 000	13 000	17 000	20 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 000	2 000	2 000	2 000
Operating Profit	−1 000	−2 000	−2 000	−2 000
Financial Income	0	0	0	2 000
Financial Costs	21 000	11 000	13 000	293 000
Financial Balance	−21 000	−11 000	−13 000	−291 000
Dividends	0	0	0	0
Net Income	−22 000	−13 000	−15 000	−294 000

Balance details (USD)	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	0	0	0	0
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	12 000	15 000
Total Current Assets	7 000	9 000	12 000	15 000
Total Assets	12 000	13 000	17 000	20 000
Total Equity	−524 000	−502 000	−489 000	−474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	536 000	515 000	505 000	492 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	2 000
Total Current Debt	0	0	1 000	2 000
Total Equity and Debt	12 000	13 000	17 000	20 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,2 %	2,59 %	3,07 %	62,03 %
Debt-to-Equity Ratio	−1,02	−1,03	−1,03	−1,04
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	12	7,5
Quick Ratio	-	-	12	7,5
Equity Ratio	−43,67	−38,62	−28,76	−23,7
Gross Profit Margin	-	-	-	-