SØLVTRANS REDERI AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

26,47 %

Current Ratio

1,41

Debt-to-Equity Ratio

4,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 140 704 000	933 097 000	912 471 000	707 918 000
Net Income	430 450 000	368 738 000	318 246 000	269 804 000
Total Assets	9 512 150 000	7 257 116 000	4 938 565 000	5 062 810 000
Total Equity	1 626 117 000	1 195 667 000	1 180 761 000	882 516 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 140 704 000	933 097 000	912 471 000	707 918 000
Expenditure	555 959 000	424 970 000	401 311 000	357 522 000
Operating Profit	584 745 000	508 126 000	511 160 000	350 396 000
Financial Income	241 026 000	168 025 000	56 465 000	34 421 000
Financial Costs	393 100 000	305 299 000	247 159 000	114 133 000
Financial Balance	−152 074 000	−137 274 000	−190 694 000	−79 712 000
Earnings Before Tax	432 672 000	370 851 000	320 466 000	270 684 000
Tax	2 222 000	2 113 000	2 220 000	880 000
Net Income	430 450 000	368 738 000	318 246 000	269 804 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 775 431 000	6 828 147 000	4 579 638 000	4 156 667 000
Total Current Assets	736 719 000	428 968 000	358 927 000	906 142 000
Total Assets	9 512 150 000	7 257 116 000	4 938 565 000	5 062 810 000
Total Retained Equity	1 496 017 000	1 065 567 000	1 050 661 000	752 416 000
Total Equity	1 626 117 000	1 195 667 000	1 180 761 000	882 516 000
Total Long-Term Debt	7 363 362 000	5 883 606 000	3 571 529 000	3 371 747 000
Total Current Debt	522 671 000	177 843 000	186 274 000	808 547 000
Total Equity and Debt	9 512 150 000	7 257 116 000	4 938 565 000	5 062 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 140 650 000	931 881 000	861 993 000	699 369 000
Other Income	54 000	1 216 000	50 477 000	8 549 000
Revenue	1 140 704 000	933 097 000	912 471 000	707 918 000
Cost of Goods Sold	0	0	0	0
Salary Costs	261 441 000	160 352 000	151 324 000	133 861 000
Depreciation	103 686 000	75 154 000	80 340 000	72 841 000
Impairment	0	0	0	0
Expenditure	555 959 000	424 970 000	401 311 000	357 522 000
Operating Profit	584 745 000	508 126 000	511 160 000	350 396 000
Financial Income	241 026 000	168 025 000	56 465 000	34 421 000
Financial Costs	393 100 000	305 299 000	247 159 000	114 133 000
Financial Balance	−152 074 000	−137 274 000	−190 694 000	−79 712 000
Dividends	0	0	0	0
Net Income	430 450 000	368 738 000	318 246 000	269 804 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 778 000	481 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	502 000	584 000
Total Tangible Assets	6 557 032 000	4 701 700 000	4 039 227 000	3 608 260 000
Total Fiancial Fixed Assets	2 215 620 000	2 125 966 000	540 411 000	548 407 000
Total Fixed Assets	8 775 431 000	6 828 147 000	4 579 638 000	4 156 667 000
Stock	8 490 000	5 214 000	14 750 000	11 482 000
Total Investments	0	0	0	0
Cash, Bank	498 798 000	245 863 000	245 393 000	720 191 000
Total Current Assets	736 719 000	428 968 000	358 927 000	906 142 000
Total Assets	9 512 150 000	7 257 116 000	4 938 565 000	5 062 810 000
Total Equity	1 626 117 000	1 195 667 000	1 180 761 000	882 516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 363 362 000	5 883 606 000	3 571 529 000	3 371 747 000
Creditors	60 285 000	23 749 000	18 231 000	68 666 000
Unpaid Taxes	44 037 000	33 450 000	32 061 000	30 639 000
Dividends	0	0	0	0
Other Current Debt	414 747 000	119 228 000	133 611 000	708 036 000
Total Current Debt	522 671 000	177 843 000	186 274 000	808 547 000
Total Equity and Debt	9 512 150 000	7 257 116 000	4 938 565 000	5 062 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,47 %	30,84 %	26,95 %	30,57 %
Debt-to-Equity Ratio	4,53	4,92	3,02	3,82
Operating Profit Margin	51,26 %	54,46 %	56,02 %	49,5 %
Current Ratio	1,41	2,41	1,93	1,12
Quick Ratio	1,43	2,48	2,09	1,14
Equity Ratio	0,17	0,16	0,24	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %