GRIEG SHIPHOLDING AS

5004 BERGEN

Finances

Return on Equity

40,41 %

Current Ratio

1,72

Debt-to-Equity Ratio

0,61

Key figures (USD)	2022	2021	2020	2019
Revenue	316 766 000	212 008 000	160 412 000	170 274 000
Net Income	153 108 000	45 487 000	−105 260 000	−7 972 000
Total Assets	697 121 000	662 393 000	673 052 000	806 669 000
Total Equity	378 912 000	295 937 000	273 092 000	381 848 000

Income (USD)	2022	2021	2020	2019
Revenue	316 766 000	212 008 000	160 412 000	170 274 000
Expenditure	142 008 000	150 946 000	246 420 000	156 846 000
Operating Profit	174 758 000	61 062 000	−86 008 000	13 428 000
Financial Income	4 001 000	2 685 000	1 471 000	3 378 000
Financial Costs	19 303 000	18 304 000	20 739 000	24 102 000
Financial Balance	−15 302 000	−15 619 000	−19 268 000	−20 724 000
Earnings Before Tax	159 456 000	45 443 000	−105 276 000	−7 296 000
Tax	6 348 000	−44 000	−12 000	676 000
Net Income	153 108 000	45 487 000	−105 260 000	−7 972 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	550 600 000	555 291 000	612 033 000	738 540 000
Total Current Assets	146 521 000	107 102 000	61 019 000	68 129 000
Total Assets	697 121 000	662 393 000	673 052 000	806 669 000
Total Retained Equity	103 025 000	20 050 000	41 983 000	19 830 000
Total Equity	378 912 000	295 937 000	273 092 000	381 848 000
Total Long-Term Debt	232 827 000	333 105 000	381 958 000	405 160 000
Total Current Debt	85 381 000	33 349 000	18 002 000	19 661 000
Total Equity and Debt	697 120 000	662 391 000	673 052 000	806 669 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	292 512 000	0	0	160 156 000
Other Income	24 254 000	212 008 000	160 412 000	10 118 000
Revenue	316 766 000	212 008 000	160 412 000	170 274 000
Cost of Goods Sold	74 517 000	110 673 000	105 846 000	100 493 000
Salary Costs	28 034 000	5 771 000	6 514 000	9 111 000
Depreciation	31 674 000	33 126 000	40 416 000	40 380 000
Impairment	0	−4 163 000	88 660 000	0
Expenditure	142 008 000	150 946 000	246 420 000	156 846 000
Operating Profit	174 758 000	61 062 000	−86 008 000	13 428 000
Financial Income	4 001 000	2 685 000	1 471 000	3 378 000
Financial Costs	19 303 000	18 304 000	20 739 000	24 102 000
Financial Balance	−15 302 000	−15 619 000	−19 268 000	−20 724 000
Dividends	0	0	0	3 756 000
Net Income	153 108 000	45 487 000	−105 260 000	−7 972 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	938 000
Total Intangible Assets	0	2 575 000	2 481 000	5 574 000
Real Eastate	518 000	518 000	518 000	518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	42 000	108 000
Total Tangible Assets	516 409 000	533 479 000	596 380 000	717 781 000
Total Fiancial Fixed Assets	34 191 000	19 237 000	13 172 000	15 185 000
Total Fixed Assets	550 600 000	555 291 000	612 033 000	738 540 000
Stock	3 856 000	3 388 000	2 307 000	3 470 000
Total Investments	22 997 000	25 052 000	13 967 000	26 760 000
Cash, Bank	109 123 000	67 143 000	29 434 000	24 937 000
Total Current Assets	146 521 000	107 102 000	61 019 000	68 129 000
Total Assets	697 121 000	662 393 000	673 052 000	806 669 000
Total Equity	378 912 000	295 937 000	273 092 000	381 848 000
Short-Term Group Debt	14 050 000	615 000	454 000	27 000
Total Long-Term Debt	232 827 000	333 105 000	381 958 000	405 160 000
Creditors	2 659 000	1 240 000	970 000	2 360 000
Unpaid Taxes	1 156 000	693 000	1 103 000	985 000
Dividends	0	0	0	3 756 000
Other Current Debt	6 894 000	7 663 000	11 550 000	12 104 000
Total Current Debt	85 381 000	33 349 000	18 002 000	19 661 000
Total Equity and Debt	697 120 000	662 391 000	673 052 000	806 669 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,41 %	15,37 %	−38,54 %	−2,09 %
Debt-to-Equity Ratio	0,61	1,13	1,4	1,06
Operating Profit Margin	55,17 %	28,8 %	−53,62 %	7,89 %
Current Ratio	1,72	3,21	3,39	3,47
Quick Ratio	1,8	3,57	3,89	4,21
Equity Ratio	0,54	0,45	0,41	0,47
Gross Profit Margin	76,48 %	47,8 %	34,02 %	40,98 %