SONGA PRODUCT AND CHEMICAL TANKERS AS

0161 OSLO

Finances

Share Ownership

Return on Equity

33,34 %

Current Ratio

4,18

Debt-to-Equity Ratio

0,41

Key figures (USD)	2022	2021	2020	2019
Revenue	32 824 000	15 606 000	17 245 000	19 996 000
Net Income	13 941 000	−2 991 000	−9 645 000	1 516 000
Total Assets	61 723 000	59 658 000	65 011 000	79 922 000
Total Equity	41 814 000	27 873 000	30 863 000	40 509 000

Income (USD)	2022	2021	2020	2019
Revenue	32 824 000	15 606 000	17 245 000	19 996 000
Expenditure	17 667 000	17 635 000	25 592 000	16 431 000
Operating Profit	15 157 000	−2 029 000	−8 347 000	3 565 000
Financial Income	51 000	−6 000	53 000	51 000
Financial Costs	1 267 000	956 000	1 351 000	2 100 000
Financial Balance	−1 216 000	−962 000	−1 298 000	−2 049 000
Earnings Before Tax	13 941 000	−2 991 000	−9 645 000	1 516 000
Tax	0	0	0	0
Net Income	13 941 000	−2 991 000	−9 645 000	1 516 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	50 863 000	53 978 000	59 104 000	71 245 000
Total Current Assets	10 860 000	5 680 000	5 907 000	8 677 000
Total Assets	61 723 000	59 658 000	65 011 000	79 922 000
Total Retained Equity	2 822 000	−11 119 000	−8 129 000	1 516 000
Total Equity	41 814 000	27 873 000	30 863 000	40 509 000
Total Long-Term Debt	17 314 000	29 631 000	32 136 000	37 354 000
Total Current Debt	2 595 000	2 153 000	2 012 000	2 059 000
Total Equity and Debt	61 723 000	59 658 000	65 011 000	79 922 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	32 824 000	15 606 000	17 245 000	19 996 000
Revenue	32 824 000	15 606 000	17 245 000	19 996 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 927 000	4 068 000	4 757 000	4 746 000
Impairment	0	1 217 000	8 008 000	0
Expenditure	17 667 000	17 635 000	25 592 000	16 431 000
Operating Profit	15 157 000	−2 029 000	−8 347 000	3 565 000
Financial Income	51 000	−6 000	53 000	51 000
Financial Costs	1 267 000	956 000	1 351 000	2 100 000
Financial Balance	−1 216 000	−962 000	−1 298 000	−2 049 000
Dividends	0	0	0	0
Net Income	13 941 000	−2 991 000	−9 645 000	1 516 000

Balance details (USD)	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	50 863 000	53 978 000	59 104 000	71 245 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 863 000	53 978 000	59 104 000	71 245 000
Stock	878 000	803 000	666 000	849 000
Total Investments	0	0	0	0
Cash, Bank	4 307 000	2 263 000	2 400 000	3 128 000
Total Current Assets	10 860 000	5 680 000	5 907 000	8 677 000
Total Assets	61 723 000	59 658 000	65 011 000	79 922 000
Total Equity	41 814 000	27 873 000	30 863 000	40 509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 314 000	29 631 000	32 136 000	37 354 000
Creditors	1 411 000	1 009 000	548 000	835 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 169 000	1 129 000	1 447 000	1 208 000
Total Current Debt	2 595 000	2 153 000	2 012 000	2 059 000
Total Equity and Debt	61 723 000	59 658 000	65 011 000	79 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,34 %	−10,73 %	−31,25 %	3,74 %
Debt-to-Equity Ratio	0,41	1,06	1,04	0,92
Operating Profit Margin	46,18 %	−13 %	−48,4 %	17,83 %
Current Ratio	4,18	2,64	2,94	4,21
Quick Ratio	6,32	4,21	4,39	7,17
Equity Ratio	0,68	0,47	0,47	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %