SKAGERAK SHIPPING AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

183,61 %

Current Ratio

0,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 997 000	41 328 000	23 350 000	30 348 000
Net Income	6 026 000	23 870 000	−6 297 000	−3 027 000
Total Assets	10 652 000	9 875 000	21 342 000	31 049 000
Total Equity	3 282 000	4 256 000	−14 614 000	−8 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 997 000	41 328 000	23 350 000	30 348 000
Expenditure	10 042 000	18 141 000	27 591 000	32 647 000
Operating Profit	5 956 000	23 187 000	−4 241 000	−2 299 000
Financial Income	303 000	2 592 000	595 000	231 000
Financial Costs	229 000	1 903 000	2 642 000	946 000
Financial Balance	74 000	689 000	−2 047 000	−715 000
Earnings Before Tax	6 029 000	23 877 000	−6 288 000	−3 014 000
Tax	3 000	7 000	9 000	13 000
Net Income	6 026 000	23 870 000	−6 297 000	−3 027 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 186 000	6 486 000	19 172 000	27 241 000
Total Current Assets	2 466 000	3 389 000	2 170 000	3 808 000
Total Assets	10 652 000	9 875 000	21 342 000	31 049 000
Total Retained Equity	26 000	0	−23 598 000	−17 301 000
Total Equity	3 282 000	4 256 000	−14 614 000	−8 317 000
Total Long-Term Debt	0	0	31 634 000	31 780 000
Total Current Debt	7 370 000	5 619 000	4 321 000	7 586 000
Total Equity and Debt	10 652 000	9 875 000	21 342 000	31 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 997 000	27 686 000	20 331 000	27 136 000
Other Income	0	13 642 000	3 019 000	3 212 000
Revenue	15 997 000	41 328 000	23 350 000	30 348 000
Cost of Goods Sold	0	3 118 000	5 921 000	6 696 000
Salary Costs	3 898 000	7 311 000	11 044 000	13 631 000
Depreciation	2 900 000	5 397 000	7 613 000	8 574 000
Impairment	0	0	0	0
Expenditure	10 042 000	18 141 000	27 591 000	32 647 000
Operating Profit	5 956 000	23 187 000	−4 241 000	−2 299 000
Financial Income	303 000	2 592 000	595 000	231 000
Financial Costs	229 000	1 903 000	2 642 000	946 000
Financial Balance	74 000	689 000	−2 047 000	−715 000
Dividends	7 000 000	5 000 000	0	0
Net Income	6 026 000	23 870 000	−6 297 000	−3 027 000

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	3 640 000	0	1 553 000	5 273 000
Fixtures	0	0	0	0
Total Tangible Assets	8 186 000	6 486 000	18 888 000	26 240 000
Total Fiancial Fixed Assets	0	0	284 000	1 001 000
Total Fixed Assets	8 186 000	6 486 000	19 172 000	27 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 911 000	1 724 000	1 469 000	1 192 000
Total Current Assets	2 466 000	3 389 000	2 170 000	3 808 000
Total Assets	10 652 000	9 875 000	21 342 000	31 049 000
Total Equity	3 282 000	4 256 000	−14 614 000	−8 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	31 634 000	31 780 000
Creditors	155 000	460 000	3 794 000	4 489 000
Unpaid Taxes	0	0	0	0
Dividends	7 000 000	5 000 000	0	0
Other Current Debt	212 000	152 000	518 000	3 084 000
Total Current Debt	7 370 000	5 619 000	4 321 000	7 586 000
Total Equity and Debt	10 652 000	9 875 000	21 342 000	31 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,61 %	560,86 %	43,09 %	36,4 %
Debt-to-Equity Ratio	0	0	−2,16	−3,82
Operating Profit Margin	37,23 %	56,1 %	−18,16 %	−7,58 %
Current Ratio	0,33	0,6	0,5	0,5
Quick Ratio	0,33	0,6	0,5	0,5
Equity Ratio	0,31	0,43	−0,68	−0,27
Gross Profit Margin	100 %	92,46 %	74,64 %	77,94 %