SJØFARTEN AS

7046 TRONDHEIM

Finances

Share Ownership

Return on Equity

90,74 %

Current Ratio

4,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 966 000	466 000	133 000	325 000
Net Income	5 105 000	179 000	−207 000	−159 000
Total Assets	7 397 000	948 000	713 000	635 000
Total Equity	5 626 000	521 000	342 000	549 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 966 000	466 000	133 000	325 000
Expenditure	415 000	285 000	332 000	480 000
Operating Profit	6 551 000	181 000	−198 000	−154 000
Financial Income	0	0	0	0
Financial Costs	64 000	2 000	10 000	5 000
Financial Balance	−64 000	−2 000	−10 000	−5 000
Earnings Before Tax	6 487 000	179 000	−207 000	−159 000
Tax	1 382 000	0	0	0
Net Income	5 105 000	179 000	−207 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	430 000	450 000	470 000
Total Current Assets	7 397 000	518 000	263 000	165 000
Total Assets	7 397 000	948 000	713 000	635 000
Total Retained Equity	5 191 000	86 000	−93 000	114 000
Total Equity	5 626 000	521 000	342 000	549 000
Total Long-Term Debt	0	0	11 000	47 000
Total Current Debt	1 772 000	428 000	360 000	38 000
Total Equity and Debt	7 397 000	948 000	713 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	292 000	0	0	0
Other Income	6 675 000	466 000	133 000	325 000
Revenue	6 966 000	466 000	133 000	325 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	20 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	415 000	285 000	332 000	480 000
Operating Profit	6 551 000	181 000	−198 000	−154 000
Financial Income	0	0	0	0
Financial Costs	64 000	2 000	10 000	5 000
Financial Balance	−64 000	−2 000	−10 000	−5 000
Dividends	0	0	0	0
Net Income	5 105 000	179 000	−207 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	430 000	450 000	470 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	430 000	450 000	470 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	430 000	450 000	470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 356 000	418 000	227 000	109 000
Total Current Assets	7 397 000	518 000	263 000	165 000
Total Assets	7 397 000	948 000	713 000	635 000
Total Equity	5 626 000	521 000	342 000	549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	47 000
Creditors	4 000	0	35 000	1 000
Unpaid Taxes	49 000	62 000	0	11 000
Dividends	0	0	0	0
Other Current Debt	336 000	365 000	325 000	25 000
Total Current Debt	1 772 000	428 000	360 000	38 000
Total Equity and Debt	7 397 000	948 000	713 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,74 %	34,36 %	−60,53 %	−28,96 %
Debt-to-Equity Ratio	0	0	0,03	0,09
Operating Profit Margin	94,04 %	38,84 %	−148,87 %	−47,38 %
Current Ratio	4,17	1,21	0,73	4,34
Quick Ratio	4,17	1,21	0,73	4,34
Equity Ratio	0,76	0,55	0,48	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %