PHILLY SHIPYARD ASA

0250 OSLO

Finances

Return on Equity

−15,85 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,05

Key figures (USD)	2022	2021	2020	2019
Revenue	393 818 000	214 060 000	54 144 000	28 207 000
Net Income	−11 691 000	−7 382 000	1 579 000	−20 212 000
Total Assets	350 498 000	437 016 000	237 725 000	161 797 000
Total Equity	73 772 000	85 463 000	92 845 000	91 266 000

Income (USD)	2022	2021	2020	2019
Revenue	393 818 000	214 060 000	54 144 000	28 207 000
Expenditure	418 124 000	226 513 000	81 902 000	49 498 000
Operating Profit	−24 306 000	−12 453 000	−27 758 000	−21 291 000
Financial Income	2 557 000	363 000	661 000	2 131 000
Financial Costs	570 000	178 000	546 000	2 021 000
Financial Balance	1 987 000	185 000	115 000	110 000
Earnings Before Tax	−22 319 000	−12 268 000	−27 643 000	−21 181 000
Tax	−10 628 000	−4 886 000	−29 222 000	−969 000
Net Income	−11 691 000	−7 382 000	1 579 000	−20 212 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	141 512 000	105 525 000	78 539 000	39 373 000
Total Current Assets	208 986 000	331 491 000	159 186 000	122 424 000
Total Assets	350 498 000	437 016 000	237 725 000	161 797 000
Total Retained Equity	38 566 000	50 257 000	0	0
Total Equity	73 772 000	85 463 000	92 845 000	91 266 000
Total Long-Term Debt	3 554 000	2 782 000	3 104 000	2 193 000
Total Current Debt	273 172 000	348 771 000	141 776 000	68 338 000
Total Equity and Debt	350 498 000	437 016 000	237 725 000	161 797 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	392 706 000	214 060 000	54 144 000	28 207 000
Other Income	1 112 000	0	0	0
Revenue	393 818 000	214 060 000	54 144 000	28 207 000
Cost of Goods Sold	403 113 000	194 149 000	47 712 000	26 031 000
Salary Costs	3 162 000	2 851 000	2 700 000	2 318 000
Depreciation	6 190 000	5 417 000	6 190 000	7 056 000
Impairment	0	0	0	−3 077 000
Expenditure	418 124 000	226 513 000	81 902 000	49 498 000
Operating Profit	−24 306 000	−12 453 000	−27 758 000	−21 291 000
Financial Income	2 557 000	363 000	661 000	2 131 000
Financial Costs	570 000	178 000	546 000	2 021 000
Financial Balance	1 987 000	185 000	115 000	110 000
Dividends	0	0	0	0
Net Income	−11 691 000	−7 382 000	1 579 000	−20 212 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 500 000	12 769 000	13 986 000	13 035 000
Real Eastate	42 136 000	36 002 000	25 432 000	26 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 136 000	36 002 000	25 432 000	26 104 000
Total Fiancial Fixed Assets	85 876 000	56 754 000	39 121 000	234 000
Total Fixed Assets	141 512 000	105 525 000	78 539 000	39 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 586 000	255 003 000	97 361 000	50 673 000
Total Current Assets	208 986 000	331 491 000	159 186 000	122 424 000
Total Assets	350 498 000	437 016 000	237 725 000	161 797 000
Total Equity	73 772 000	85 463 000	92 845 000	91 266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 554 000	2 782 000	3 104 000	2 193 000
Creditors	41 730 000	49 879 000	7 974 000	6 255 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	231 442 000	298 693 000	133 141 000	2 137 000
Total Current Debt	273 172 000	348 771 000	141 776 000	68 338 000
Total Equity and Debt	350 498 000	437 016 000	237 725 000	161 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,85 %	−8,64 %	1,7 %	−22,15 %
Debt-to-Equity Ratio	0,05	0,03	0,03	0,02
Operating Profit Margin	−6,17 %	−5,82 %	−51,27 %	−75,48 %
Current Ratio	0,77	0,95	1,12	1,79
Quick Ratio	0,77	0,95	1,12	1,79
Equity Ratio	0,21	0,2	0,39	0,56
Gross Profit Margin	−2,36 %	9,3 %	11,88 %	7,71 %