SHANNON SHIPPING AS

5528 HAUGESUND

Finances

Share Ownership

Return on Equity

4,26 %

Current Ratio

0,38

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 495 000	5 569 000	5 911 000	5 506 000
Net Income	917 000	3 773 000	465 000	2 571 000
Total Assets	69 601 000	67 942 000	66 758 000	66 129 000
Total Equity	21 536 000	31 589 000	26 066 000	23 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 495 000	5 569 000	5 911 000	5 506 000
Expenditure	2 139 000	2 134 000	2 115 000	2 136 000
Operating Profit	3 355 000	3 435 000	3 796 000	3 370 000
Financial Income	486 000	2 116 000	106 000	70 000
Financial Costs	2 665 000	714 000	3 306 000	144 000
Financial Balance	−2 179 000	1 402 000	−3 200 000	−74 000
Earnings Before Tax	1 176 000	4 837 000	596 000	3 296 000
Tax	259 000	1 064 000	131 000	725 000
Net Income	917 000	3 773 000	465 000	2 571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 870 000	61 758 000	60 268 000	63 025 000
Total Current Assets	4 731 000	6 184 000	6 490 000	3 104 000
Total Assets	69 601 000	67 942 000	66 758 000	66 129 000
Total Retained Equity	0	9 146 000	5 373 000	4 908 000
Total Equity	21 536 000	31 589 000	26 066 000	23 229 000
Total Long-Term Debt	35 642 000	36 259 000	40 616 000	40 540 000
Total Current Debt	12 423 000	93 000	76 000	2 360 000
Total Equity and Debt	69 601 000	67 942 000	66 758 000	66 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 495 000	5 569 000	5 911 000	5 506 000
Other Income	0	0	0	0
Revenue	5 495 000	5 569 000	5 911 000	5 506 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 918 000	1 918 000	1 918 000	1 918 000
Impairment	0	0	0	0
Expenditure	2 139 000	2 134 000	2 115 000	2 136 000
Operating Profit	3 355 000	3 435 000	3 796 000	3 370 000
Financial Income	486 000	2 116 000	106 000	70 000
Financial Costs	2 665 000	714 000	3 306 000	144 000
Financial Balance	−2 179 000	1 402 000	−3 200 000	−74 000
Dividends	12 239 000	0	0	0
Net Income	917 000	3 773 000	465 000	2 571 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 280 000	7 897 000	9 455 000	10 255 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	46 977 000	48 895 000	50 813 000	52 732 000
Total Fiancial Fixed Assets	10 613 000	4 966 000	0	38 000
Total Fixed Assets	64 870 000	61 758 000	60 268 000	63 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 103 000	3 938 000	3 446 000	3 101 000
Total Current Assets	4 731 000	6 184 000	6 490 000	3 104 000
Total Assets	69 601 000	67 942 000	66 758 000	66 129 000
Total Equity	21 536 000	31 589 000	26 066 000	23 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 642 000	36 259 000	40 616 000	40 540 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	12 239 000	0	0	0
Other Current Debt	185 000	93 000	76 000	2 360 000
Total Current Debt	12 423 000	93 000	76 000	2 360 000
Total Equity and Debt	69 601 000	67 942 000	66 758 000	66 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,26 %	11,94 %	1,78 %	11,07 %
Debt-to-Equity Ratio	1,65	1,15	1,56	1,75
Operating Profit Margin	61,06 %	61,68 %	64,22 %	61,21 %
Current Ratio	0,38	66,49	85,39	1,32
Quick Ratio	0,38	66,49	85,39	1,32
Equity Ratio	0,31	0,46	0,39	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %