SONGA PRODUCT AND CHEMICAL TANKERS II AS

0161 OSLO

Finances

Share Ownership

Return on Equity

11,15 %

Current Ratio

11,15

Debt-to-Equity Ratio

0,45

Key figures (USD)	2022	2021	2020	2019
Revenue	3 680 000	3 060 000	3 544 000	3 522 000
Net Income	593 000	−24 000	−2 055 000	625 000
Total Assets	7 853 000	8 654 000	9 058 000	11 848 000
Total Equity	5 320 000	4 728 000	4 751 000	7 206 000

Income (USD)	2022	2021	2020	2019
Revenue	3 680 000	3 060 000	3 544 000	3 522 000
Expenditure	2 960 000	2 953 000	5 394 000	2 712 000
Operating Profit	720 000	107 000	−1 851 000	810 000
Financial Income	61 000	18 000	4 000	68 000
Financial Costs	188 000	149 000	208 000	253 000
Financial Balance	−127 000	−131 000	−204 000	−185 000
Earnings Before Tax	593 000	−24 000	−2 055 000	625 000
Tax	0	0	0	0
Net Income	593 000	−24 000	−2 055 000	625 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	6 303 000	6 741 000	7 202 000	10 266 000
Total Current Assets	1 550 000	1 913 000	1 856 000	1 582 000
Total Assets	7 853 000	8 654 000	9 058 000	11 848 000
Total Retained Equity	−185 000	−778 000	−754 000	1 300 000
Total Equity	5 320 000	4 728 000	4 751 000	7 206 000
Total Long-Term Debt	2 393 000	3 626 000	4 180 000	4 458 000
Total Current Debt	139 000	300 000	127 000	184 000
Total Equity and Debt	7 853 000	8 654 000	9 058 000	11 848 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 680 000	3 060 000	3 544 000	3 522 000
Revenue	3 680 000	3 060 000	3 544 000	3 522 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	461 000	461 000	642 000	603 000
Impairment	0	0	2 420 000	0
Expenditure	2 960 000	2 953 000	5 394 000	2 712 000
Operating Profit	720 000	107 000	−1 851 000	810 000
Financial Income	61 000	18 000	4 000	68 000
Financial Costs	188 000	149 000	208 000	253 000
Financial Balance	−127 000	−131 000	−204 000	−185 000
Dividends	0	0	0	0
Net Income	593 000	−24 000	−2 055 000	625 000

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	6 303 000	6 741 000	7 202 000	10 266 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 303 000	6 741 000	7 202 000	10 266 000
Stock	85 000	88 000	75 000	93 000
Total Investments	0	0	0	0
Cash, Bank	773 000	461 000	1 282 000	1 403 000
Total Current Assets	1 550 000	1 913 000	1 856 000	1 582 000
Total Assets	7 853 000	8 654 000	9 058 000	11 848 000
Total Equity	5 320 000	4 728 000	4 751 000	7 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 393 000	3 626 000	4 180 000	4 458 000
Creditors	78 000	96 000	57 000	64 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	60 000	202 000	67 000	117 000
Total Current Debt	139 000	300 000	127 000	184 000
Total Equity and Debt	7 853 000	8 654 000	9 058 000	11 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,15 %	−0,51 %	−43,25 %	8,67 %
Debt-to-Equity Ratio	0,45	0,77	0,88	0,62
Operating Profit Margin	19,57 %	3,5 %	−52,23 %	23 %
Current Ratio	11,15	6,38	14,61	8,6
Quick Ratio	28,7	9,02	35,69	17,38
Equity Ratio	0,68	0,55	0,52	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %