Maritime Investment Fund II K/S - CVR: 40251898

2022, USD

20.03.2023

Bruttoresultat

-1.366'

Primær drift

36.437'

Årets resultat

10.492'

Aktiver

314''

Kortfristede aktiver

650'

Egenkapital

285''

Afkastningsgrad

12 %

Soliditetsgrad

91 %

Likviditetsgrad

2 %

Resultat

20.03.2023

Årsrapport	2022 20.03.2023	2021 14.03.2022	2020 15.03.2021	2019 16.03.2020
Nettoomsætning	71.288.000	44.247.000	48.448.000	24.687.000
Bruttoresultat	-1.366.000	0	0	0	0
Resultat af primær drift	36.437.000	36.101.000	36.929.000	11.225.000	-327.000
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0
Finansielle indtægter	87.000	12.000	0	1.000	1.000
Finansieringsomkostninger	-4.249.000	0	0	0	0
Andre finansielle omkostninger	0	-825.000	-914.000	-1.419.000	-8.000
Resultat før skat	10.492.000	29.507.000	30.208.000	6.493.000	-1.201.000
Resultat	10.492.000	31.653.000	30.204.000	6.488.000	-1.201.000
Forslag til udbytte	0	0	0	0	0

Aktiver

20.03.2023

Årsrapport	2022 20.03.2023	2021 14.03.2022	2020 15.03.2021	2019 16.03.2020
Kortfristede varebeholdninger	0	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	60.000	42.042.000	5.565.000	11.000	1.000
Likvider	590.000	1.432.000	149.000	274.000	307.000
Kortfristede aktiver	650.000	43.474.000	5.714.000	285.000	308.000
Immaterielle aktiver og goodwill	0	0	0	0	0
Finansielle anlægsaktiver	313.387.000	176.654.000	133.769.000	199.965.000	257.000
Materielle aktiver	600.161.000	272.302.000	309.659.000	284.710.000	0
Langfristede aktiver	313.387.000	176.654.000	133.769.000	199.965.000	257.000
Aktiver	314.037.000	220.128.000	139.483.000	200.250.000	565.000

Aktiver

20.03.2023

Passiver

20.03.2023

Årsrapport	2022 20.03.2023	2021 14.03.2022	2020 15.03.2021	2019 16.03.2020
Forslag til udbytte	0	0	0	0	0
Egenkapital	285.023.000	120.031.000	133.750.000	65.714.000	417.000
Hensatte forpligtelser	0	0	0	0	0
Langfristet gæld til banker	329.760.000	128.470.000	169.933.000	80.240.000	0
Anden langfristet gæld		0	0	0	0
Leverandører af varer og tjenesteydelser	0	0	0	0	0
Kortfristede forpligtelser	29.014.000	100.097.000	5.733.000	134.536.000	148.000
Gældsforpligtelser	29.014.000	100.097.000	5.733.000	134.536.000	148.000
Forpligtelser	29.014.000	100.097.000	5.733.000	134.536.000	148.000
Passiver	314.037.000	220.128.000	139.483.000	200.250.000	565.000

Passiver

20.03.2023

Nøgletal

20.03.2023

Årsrapport	2022 20.03.2023	2021 14.03.2022	2020 15.03.2021	2019 16.03.2020
Afkastningsgrad	11,6 %	16,4 %	26,5 %	5,6 %	-57,9 %
Dækningsgrad	-1,9 %	Na.	Na.	Na.	Na.
Resultatgrad	14,7 %	71,5 %	62,3 %	26,3 %	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	3,7 %	26,4 %	22,6 %	9,9 %	-288,0 %
Payout-ratio	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	857,5 %	Na.	Na.	Na.	Na.
Soliditestgrad	90,8 %	54,5 %	95,9 %	32,8 %	73,8 %
Likviditetsgrad	2,2 %	43,4 %	99,7 %	0,2 %	208,1 %

Resultat

20.03.2023

Gæld

20.03.2023

Årsrapport

20.03.2023

Nyeste:01.01.2022- 31.12.2022(offentliggjort: 20.03.2023)

Information om virksomhedens regnskabsklasse:This annual report has been prepared in accordance with the provisions of the Danish Financial Statements Act governing reporting class C enterprises (medium). The reportnig currency is U. S. Dollar (USD).

Oplysning om pantsætninger og sikkerhedsstillelser: Assets charged and collateral13The following has been provided as collateral for bank loans with an unpaid balance of USD 462m in the Group. All terms and collaterals has been provided based on terms which is normal within the industry. - Mortgage deed registered on the vessel owners - Assignment of earnings of the vessels - Assignment of the insurance amount of the vessels Maritime Investment Fund II Holding K/S has furthermore provided a joint and several liability for all bank loans within the companies of the Maritime Investment Fund II Holding K/S Group. The ships owned by the Maritime Investment Fund II Holding K/S Group, with a consolidated carrying amount of USD 600m are provided as collateral for the bank loans. Assets charged and collateral5Maritime Investment Fund II K/S's equities in the following companies have been provided as collateral for the outstanding bank debt in the group. - MIF II no. 2 K/S - MIF II no. 3 K/S - MIF II no. 4 K/S - MIF II no. 7 K/S - MIF II no. 8 K/S - MIF II no. 10 K/S - MIF II no. 11 K/S - MIF II no. 13 K/S - MIF II no. 14 K/S - MIF II Partnerships no. 1 K/S - MIF II no. 2 GP ApS - MIF II no. 3 GP ApS - MIF II no. 4 GP ApS - MIF II no. 7 GP ApS - MIF II no. 8 GP ApS - MIF II no. 10 GP ApS - MIF II no. 11 GP ApS - MIF II no. 13 GP ApS - MIF II no. 14 GP ApS - MIF II Partnerships no. 1 GP ApS

Beretning

20.03.2023

Dato for ledelsens godkendelse af årsrapporten:2024-03-13

Ledelsespåtegning:The Executive Board has today considered and approved the annual report of Maritime Investment Fund II K/Sfor the financial year - . 01. 01. 2023 31. 12. 2023The annual report is presented in accordance with the Danish Financial Statements Act. In our opinion, the consolidated financial statements and the parent financial statements give a true and fair view of the Group's and the Parent's financial position at and of the results of their operations and the 31. 12. 2023consolidated cash ﬂows for the financial year - .01. 01. 2023 31. 12. 2023We believe that the management commentary contains a fair review of the aﬀairs and conditions referred to therein. Furthermore, the supplementary report has been prepared in accordance with the Sustainable Finance Disclosure Regulation (SFDR) and contains a fair review of the aﬀairs and conditions referred to therein. We recommend the annual report for adoption at the Annual General Meeting.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Primary activitiesMaritime Investment Fund II K/S (MIF II) is an alternative investment fund managed by Navigare Capital Partners A/S (Navigare Capital), which is an authorised alternative investment fund manager (AIFM). MIF II is incorporated in Denmark, and the fund is set up and structured in a fully transparent and market conform K/S structure. For investors in MIF II, the strategy oﬀers the opportunity to make long-term investments in a diversified portfolio of shipping assets benefitting from the inherent low correlation between the segments driven by diverse underlying demand drivers. The fund targets an attractive return, with the majority of the investment return derived from a predictable operating cash yield, paid out quarterly. The fund's ability to deliver a predictable operating cash yield is based on the strategy of investing across segments, ensuring fixed employment contracts through multiple counterparties and having conservative financing. In the end of Q3 2023, MIF II was fully invested, having invested in 23 commercial vessels across six shipping segments: container vessels, tankers, dry cargo vessels, gas carriers, oﬀshore wind vessels and RoRo vessels.