EGELAND SHIPPING AS

4380 HAUGE I DALANE

Finances

Return on Equity

−3,2 %

Current Ratio

43,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 842 000	11 903 000	9 438 000	10 580 000
Net Income	−473 000	1 457 000	870 000	2 315 000
Total Assets	15 180 000	15 876 000	14 155 000	13 527 000
Total Equity	14 772 000	15 245 000	13 788 000	12 918 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 842 000	11 903 000	9 438 000	10 580 000
Expenditure	20 350 000	11 572 000	9 107 000	8 465 000
Operating Profit	493 000	330 000	331 000	2 115 000
Financial Income	175 000	1 268 000	648 000	757 000
Financial Costs	1 011 000	58 000	26 000	81 000
Financial Balance	−836 000	1 210 000	622 000	676 000
Earnings Before Tax	−343 000	1 539 000	954 000	2 791 000
Tax	130 000	83 000	84 000	476 000
Net Income	−473 000	1 457 000	870 000	2 315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	414 000	414 000	414 000	0
Total Current Assets	14 765 000	15 462 000	13 741 000	13 527 000
Total Assets	15 180 000	15 876 000	14 155 000	13 527 000
Total Retained Equity	14 657 000	15 130 000	13 673 000	12 803 000
Total Equity	14 772 000	15 245 000	13 788 000	12 918 000
Total Long-Term Debt	72 000	72 000	72 000	0
Total Current Debt	336 000	560 000	296 000	609 000
Total Equity and Debt	15 180 000	15 876 000	14 155 000	13 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 842 000	11 903 000	9 437 000	10 579 000
Other Income	0	0	2 000	1 000
Revenue	20 842 000	11 903 000	9 438 000	10 580 000
Cost of Goods Sold	20 206 000	11 450 000	8 990 000	8 355 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	20 350 000	11 572 000	9 107 000	8 465 000
Operating Profit	493 000	330 000	331 000	2 115 000
Financial Income	175 000	1 268 000	648 000	757 000
Financial Costs	1 011 000	58 000	26 000	81 000
Financial Balance	−836 000	1 210 000	622 000	676 000
Dividends	0	0	0	0
Net Income	−473 000	1 457 000	870 000	2 315 000

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	0	0	0	0
Total Fiancial Fixed Assets	414 000	414 000	414 000	0
Total Fixed Assets	414 000	414 000	414 000	0
Stock	0	0	0	0
Total Investments	7 627 000	7 849 000	5 648 000	4 804 000
Cash, Bank	6 890 000	7 081 000	7 840 000	8 446 000
Total Current Assets	14 765 000	15 462 000	13 741 000	13 527 000
Total Assets	15 180 000	15 876 000	14 155 000	13 527 000
Total Equity	14 772 000	15 245 000	13 788 000	12 918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	72 000	72 000	72 000	0
Creditors	198 000	469 000	206 000	158 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	6 000	−25 000
Total Current Debt	336 000	560 000	296 000	609 000
Total Equity and Debt	15 180 000	15 876 000	14 155 000	13 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,2 %	9,56 %	6,31 %	17,92 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	2,37 %	2,77 %	3,51 %	19,99 %
Current Ratio	43,94	27,61	46,42	22,21
Quick Ratio	43,94	27,61	46,42	22,21
Equity Ratio	0,97	0,96	0,97	0,95
Gross Profit Margin	3,05 %	3,81 %	4,75 %	21,03 %