GRIEG STAR BULK AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

354,8 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,16

Key figures (USD)	2022	2021	2020	2019
Revenue	28 768 000	27 153 000	13 813 000	14 926 000
Net Income	18 776 000	10 176 000	−5 392 000	−4 657 000
Total Assets	29 520 000	13 530 000	3 598 000	8 709 000
Total Equity	5 292 000	5 662 000	2 856 000	8 248 000

Income (USD)	2022	2021	2020	2019
Revenue	28 768 000	27 153 000	13 813 000	14 926 000
Expenditure	5 472 000	16 973 000	19 395 000	18 732 000
Operating Profit	23 295 000	10 181 000	−5 582 000	−3 806 000
Financial Income	544 000	18 000	212 000	446 000
Financial Costs	7 000	23 000	22 000	1 296 000
Financial Balance	537 000	−5 000	190 000	−850 000
Earnings Before Tax	23 832 000	10 176 000	−5 392 000	−4 657 000
Tax	5 056 000	0	0	0
Net Income	18 776 000	10 176 000	−5 392 000	−4 657 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	0	341 000	0	0
Total Current Assets	29 520 000	13 189 000	3 598 000	8 709 000
Total Assets	29 520 000	13 530 000	3 598 000	8 709 000
Total Retained Equity	0	370 000	−2 436 000	2 956 000
Total Equity	5 292 000	5 662 000	2 856 000	8 248 000
Total Long-Term Debt	839 000	0	0	0
Total Current Debt	23 389 000	7 868 000	742 000	462 000
Total Equity and Debt	29 520 000	13 530 000	3 598 000	8 709 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	12 559 000	0	0	0
Other Income	16 209 000	27 153 000	13 813 000	14 926 000
Revenue	28 768 000	27 153 000	13 813 000	14 926 000
Cost of Goods Sold	−204 000	197 000	−46 000	17 382 000
Salary Costs	5 729 000	16 484 000	0	0
Depreciation	0	0	0	1 064 000
Impairment	0	0	0	0
Expenditure	5 472 000	16 973 000	19 395 000	18 732 000
Operating Profit	23 295 000	10 181 000	−5 582 000	−3 806 000
Financial Income	544 000	18 000	212 000	446 000
Financial Costs	7 000	23 000	22 000	1 296 000
Financial Balance	537 000	−5 000	190 000	−850 000
Dividends	4 196 000	7 370 000	0	0
Net Income	18 776 000	10 176 000	−5 392 000	−4 657 000

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	0	0	0	0
Total Fiancial Fixed Assets	0	341 000	0	0
Total Fixed Assets	0	341 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	29 520 000	13 189 000	3 598 000	8 709 000
Total Assets	29 520 000	13 530 000	3 598 000	8 709 000
Total Equity	5 292 000	5 662 000	2 856 000	8 248 000
Short-Term Group Debt	19 168 000	228 000	0	94 000
Total Long-Term Debt	839 000	0	0	0
Creditors	0	35 000	38 000	0
Unpaid Taxes	0	0	0	0
Dividends	4 196 000	7 370 000	0	0
Other Current Debt	26 000	236 000	705 000	310 000
Total Current Debt	23 389 000	7 868 000	742 000	462 000
Total Equity and Debt	29 520 000	13 530 000	3 598 000	8 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	354,8 %	179,72 %	−188,8 %	−56,46 %
Debt-to-Equity Ratio	0,16	0	0	0
Operating Profit Margin	80,98 %	37,49 %	−40,41 %	−25,5 %
Current Ratio	1,26	1,68	4,85	18,85
Quick Ratio	1,26	1,68	4,85	18,85
Equity Ratio	0,18	0,42	0,79	0,95
Gross Profit Margin	100,71 %	99,27 %	100,33 %	−16,45 %