KERKO SHIPPING AS

5012 BERGEN

Finances

Return on Equity

252,43 %

Current Ratio

3,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 017 000	1 259 000	1 416 000	770 000
Net Income	47 146 000	8 442 000	103 956 000	19 901 000
Total Assets	19 551 000	68 864 000	61 725 000	43 520 000
Total Equity	18 677 000	47 531 000	39 089 000	19 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 017 000	1 259 000	1 416 000	770 000
Expenditure	1 794 000	1 322 000	1 372 000	762 000
Operating Profit	222 000	−64 000	42 000	7 000
Financial Income	47 561 000	9 656 000	104 000 000	20 000 000
Financial Costs	50 000	59 000	99 000	135 000
Financial Balance	47 511 000	9 597 000	103 901 000	19 865 000
Earnings Before Tax	47 734 000	9 533 000	103 944 000	19 873 000
Tax	587 000	1 091 000	−12 000	−28 000
Net Income	47 146 000	8 442 000	103 956 000	19 901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 460 000	65 416 000	41 947 000	12 224 000
Total Current Assets	3 091 000	3 448 000	19 778 000	31 296 000
Total Assets	19 551 000	68 864 000	61 725 000	43 520 000
Total Retained Equity	18 621 000	47 475 000	39 033 000	1 076 000
Total Equity	18 677 000	47 531 000	39 089 000	19 432 000
Total Long-Term Debt	0	1 758 000	4 000 000	3 902 000
Total Current Debt	874 000	19 576 000	18 637 000	20 185 000
Total Equity and Debt	19 551 000	68 864 000	61 725 000	43 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	595 000	0	200 000	0
Other Income	1 422 000	1 259 000	1 216 000	770 000
Revenue	2 017 000	1 259 000	1 416 000	770 000
Cost of Goods Sold	385 000	0	128 000	0
Salary Costs	1 257 000	1 136 000	1 101 000	644 000
Depreciation	7 000	7 000	7 000	4 000
Impairment	0	0	0	0
Expenditure	1 794 000	1 322 000	1 372 000	762 000
Operating Profit	222 000	−64 000	42 000	7 000
Financial Income	47 561 000	9 656 000	104 000 000	20 000 000
Financial Costs	50 000	59 000	99 000	135 000
Financial Balance	47 511 000	9 597 000	103 901 000	19 865 000
Dividends	76 000 000	0	66 000 000	20 000 000
Net Income	47 146 000	8 442 000	103 956 000	19 901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	43 000	135 000	122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	49 000	56 000	64 000	71 000
Fixtures	0	0	0	0
Total Tangible Assets	49 000	56 000	64 000	71 000
Total Fiancial Fixed Assets	16 378 000	65 317 000	41 749 000	12 030 000
Total Fixed Assets	16 460 000	65 416 000	41 947 000	12 224 000
Stock	1 917 000	2 300 000	2 300 000	2 428 000
Total Investments	0	0	0	0
Cash, Bank	870 000	638 000	4 830 000	212 000
Total Current Assets	3 091 000	3 448 000	19 778 000	31 296 000
Total Assets	19 551 000	68 864 000	61 725 000	43 520 000
Total Equity	18 677 000	47 531 000	39 089 000	19 432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 758 000	4 000 000	3 902 000
Creditors	0	7 000	33 000	3 000
Unpaid Taxes	212 000	136 000	202 000	123 000
Dividends	76 000 000	0	66 000 000	20 000 000
Other Current Debt	114 000	18 403 000	18 401 000	59 000
Total Current Debt	874 000	19 576 000	18 637 000	20 185 000
Total Equity and Debt	19 551 000	68 864 000	61 725 000	43 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	252,43 %	17,76 %	265,95 %	102,41 %
Debt-to-Equity Ratio	0	0,04	0,1	0,2
Operating Profit Margin	11,01 %	−5,08 %	2,97 %	0,91 %
Current Ratio	3,54	0,18	1,06	1,55
Quick Ratio	−2,96	0,2	1,21	1,76
Equity Ratio	0,96	0,69	0,63	0,45
Gross Profit Margin	80,91 %	100 %	90,96 %	100 %