VINCENT SHIPPING GROUP AS

0484 OSLO

Finances

Return on Equity

16,5 %

Current Ratio

7,44

Debt-to-Equity Ratio

−5,39

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	−1 942 000	−9 827 000	−1 000	−1 000
Total Assets	54 262 000	38 175 000	2 000	1 000
Total Equity	−11 769 000	−9 827 000	0	0

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	28 000	22 000	1 000	1 000
Operating Profit	−28 000	−22 000	−1 000	−1 000
Financial Income	2 173 000	3 859 000	0	0
Financial Costs	4 087 000	13 664 000	0	0
Financial Balance	−1 914 000	−9 805 000	0	0
Earnings Before Tax	−1 942 000	−9 827 000	−1 000	−1 000
Tax	0	0	0	0
Net Income	−1 942 000	−9 827 000	−1 000	−1 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	34 734 000	29 244 000	0	0
Total Current Assets	19 528 000	8 931 000	2 000	1 000
Total Assets	54 262 000	38 175 000	2 000	1 000
Total Retained Equity	−11 799 000	−9 857 000	−30 000	−30 000
Total Equity	−11 769 000	−9 827 000	0	0
Total Long-Term Debt	63 406 000	47 945 000	0	0
Total Current Debt	2 625 000	57 000	2 000	1 000
Total Equity and Debt	54 262 000	38 175 000	2 000	1 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	22 000	1 000	1 000
Operating Profit	−28 000	−22 000	−1 000	−1 000
Financial Income	2 173 000	3 859 000	0	0
Financial Costs	4 087 000	13 664 000	0	0
Financial Balance	−1 914 000	−9 805 000	0	0
Dividends	0	0	0	0
Net Income	−1 942 000	−9 827 000	−1 000	−1 000

Balance details (NOK)	2021	2020	2019	2018
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	34 734 000	29 244 000	0	0
Total Fixed Assets	34 734 000	29 244 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	546 000	1 000	2 000	1 000
Total Current Assets	19 528 000	8 931 000	2 000	1 000
Total Assets	54 262 000	38 175 000	2 000	1 000
Total Equity	−11 769 000	−9 827 000	0	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 406 000	47 945 000	0	0
Creditors	19 000	19 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 607 000	38 000	2 000	1 000
Total Current Debt	2 625 000	57 000	2 000	1 000
Total Equity and Debt	54 262 000	38 175 000	2 000	1 000

Financial indicators	2021	2020	2019	2018
Return on Equity	16,5 %	100 %	-	-
Debt-to-Equity Ratio	−5,39	−4,88	-	-
Operating Profit Margin	-	-	-	-
Current Ratio	7,44	156,68	1	1
Quick Ratio	7,44	156,68	1	1
Equity Ratio	−0,22	−0,26	0	0
Gross Profit Margin	-	-	-	-