MEIDELL SHIP HOLDING AS

5694 ONARHEIM

Finances

Share Ownership

Return on Equity

6,31 %

Current Ratio

21,44

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 756 000	45 440 000	38 971 000	38 866 000
Net Income	15 861 000	15 961 000	11 828 000	11 236 000
Total Assets	440 383 000	422 382 000	361 441 000	348 196 000
Total Equity	251 555 000	235 693 000	219 733 000	207 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 756 000	45 440 000	38 971 000	38 866 000
Expenditure	23 895 000	23 237 000	21 713 000	19 840 000
Operating Profit	22 861 000	22 203 000	17 258 000	19 026 000
Financial Income	2 873 000	583 000	535 000	79 000
Financial Costs	5 398 000	2 324 000	2 628 000	4 700 000
Financial Balance	−2 525 000	−1 741 000	−2 093 000	−4 621 000
Earnings Before Tax	20 336 000	20 462 000	15 164 000	14 406 000
Tax	4 474 000	4 502 000	3 336 000	3 169 000
Net Income	15 861 000	15 961 000	11 828 000	11 236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 185 000	318 660 000	289 978 000	311 662 000
Total Current Assets	118 199 000	103 722 000	71 463 000	36 534 000
Total Assets	440 383 000	422 382 000	361 441 000	348 196 000
Total Retained Equity	79 655 000	63 793 000	47 833 000	36 004 000
Total Equity	251 555 000	235 693 000	219 733 000	207 904 000
Total Long-Term Debt	183 315 000	183 800 000	140 943 000	138 191 000
Total Current Debt	5 514 000	2 888 000	766 000	2 101 000
Total Equity and Debt	440 383 000	422 382 000	361 441 000	348 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 206 000	45 032 000	38 971 000	38 825 000
Other Income	6 550 000	408 000	0	41 000
Revenue	46 756 000	45 440 000	38 971 000	38 866 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 776 000	23 157 000	21 684 000	19 813 000
Impairment	0	0	0	0
Expenditure	23 895 000	23 237 000	21 713 000	19 840 000
Operating Profit	22 861 000	22 203 000	17 258 000	19 026 000
Financial Income	2 873 000	583 000	535 000	79 000
Financial Costs	5 398 000	2 324 000	2 628 000	4 700 000
Financial Balance	−2 525 000	−1 741 000	−2 093 000	−4 621 000
Dividends	0	0	0	0
Net Income	15 861 000	15 961 000	11 828 000	11 236 000

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	248 000	313 000	366 000	419 000
Fixtures	0	0	0	0
Total Tangible Assets	322 185 000	318 660 000	289 978 000	311 662 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	322 185 000	318 660 000	289 978 000	311 662 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	219 000	59 000	65 909 000	28 975 000
Total Current Assets	118 199 000	103 722 000	71 463 000	36 534 000
Total Assets	440 383 000	422 382 000	361 441 000	348 196 000
Total Equity	251 555 000	235 693 000	219 733 000	207 904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 315 000	183 800 000	140 943 000	138 191 000
Creditors	0	8 000	0	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 554 000	1 237 000	181 000	2 084 000
Total Current Debt	5 514 000	2 888 000	766 000	2 101 000
Total Equity and Debt	440 383 000	422 382 000	361 441 000	348 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,31 %	6,77 %	5,38 %	5,4 %
Debt-to-Equity Ratio	0,73	0,78	0,64	0,66
Operating Profit Margin	48,89 %	48,86 %	44,28 %	48,95 %
Current Ratio	21,44	35,91	93,29	17,39
Quick Ratio	21,44	35,91	93,29	17,39
Equity Ratio	0,57	0,56	0,61	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %