INTERNATIONAL TANKER CHARTERING AS

5004 BERGEN

Finances

Return on Equity

732,79 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 871 000	23 997 000	28 843 000	21 114 000
Net Income	28 579 000	9 572 000	13 262 000	7 550 000
Total Assets	46 706 000	19 208 000	24 670 000	16 716 000
Total Equity	3 900 000	321 000	321 000	321 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 871 000	23 997 000	28 843 000	21 114 000
Expenditure	24 727 000	12 203 000	13 355 000	13 193 000
Operating Profit	35 143 000	11 793 000	15 488 000	7 921 000
Financial Income	5 698 000	2 060 000	4 053 000	2 260 000
Financial Costs	4 353 000	1 703 000	2 919 000	752 000
Financial Balance	1 345 000	357 000	1 134 000	1 508 000
Earnings Before Tax	36 488 000	12 150 000	16 622 000	9 429 000
Tax	7 909 000	2 577 000	3 360 000	1 879 000
Net Income	28 579 000	9 572 000	13 262 000	7 550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 835 000	8 259 000	5 041 000	4 063 000
Total Current Assets	40 870 000	10 949 000	19 629 000	12 653 000
Total Assets	46 706 000	19 208 000	24 670 000	16 716 000
Total Retained Equity	3 800 000	221 000	221 000	221 000
Total Equity	3 900 000	321 000	321 000	321 000
Total Long-Term Debt	3 011 000	3 207 000	3 402 000	3 597 000
Total Current Debt	39 795 000	15 680 000	20 948 000	12 798 000
Total Equity and Debt	46 706 000	19 208 000	24 670 000	16 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 864 000	23 997 000	28 843 000	21 019 000
Other Income	7 000	0	0	96 000
Revenue	59 871 000	23 997 000	28 843 000	21 114 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 862 000	10 307 000	11 323 000	10 368 000
Depreciation	157 000	178 000	83 000	59 000
Impairment	0	0	0	0
Expenditure	24 727 000	12 203 000	13 355 000	13 193 000
Operating Profit	35 143 000	11 793 000	15 488 000	7 921 000
Financial Income	5 698 000	2 060 000	4 053 000	2 260 000
Financial Costs	4 353 000	1 703 000	2 919 000	752 000
Financial Balance	1 345 000	357 000	1 134 000	1 508 000
Dividends	25 000 000	9 572 000	13 262 000	7 550 000
Net Income	28 579 000	9 572 000	13 262 000	7 550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 185 000	0	0	0
Real Eastate	4 456 000	8 080 000	4 850 000	3 933 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	148 000	161 000	100 000
Total Tangible Assets	4 620 000	8 229 000	5 011 000	4 033 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	5 835 000	8 259 000	5 041 000	4 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 548 000	4 581 000	11 518 000	4 981 000
Total Current Assets	40 870 000	10 949 000	19 629 000	12 653 000
Total Assets	46 706 000	19 208 000	24 670 000	16 716 000
Total Equity	3 900 000	321 000	321 000	321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 011 000	3 207 000	3 402 000	3 597 000
Creditors	184 000	1 304 000	1 473 000	455 000
Unpaid Taxes	3 874 000	835 000	1 430 000	1 129 000
Dividends	25 000 000	9 572 000	13 262 000	7 550 000
Other Current Debt	26 642 000	10 964 000	14 685 000	9 336 000
Total Current Debt	39 795 000	15 680 000	20 948 000	12 798 000
Total Equity and Debt	46 706 000	19 208 000	24 670 000	16 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	732,79 %	2 981,93 %	4 131,46 %	2 352,02 %
Debt-to-Equity Ratio	0,77	9,99	10,6	11,21
Operating Profit Margin	58,7 %	49,14 %	53,7 %	37,52 %
Current Ratio	1,03	0,7	0,94	0,99
Quick Ratio	1,03	0,7	0,94	0,99
Equity Ratio	0,08	0,02	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %