BIPA DRILLING AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

3 166,67 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 615 000	1 940 000	1 127 000	1 879 000
Net Income	950 000	620 000	339 000	677 000
Total Assets	1 640 000	1 093 000	744 000	1 462 000
Total Equity	30 000	130 000	166 000	628 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 615 000	1 940 000	1 127 000	1 879 000
Expenditure	1 397 000	1 145 000	692 000	1 011 000
Operating Profit	1 219 000	795 000	434 000	868 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 219 000	795 000	434 000	868 000
Tax	268 000	175 000	96 000	191 000
Net Income	950 000	620 000	339 000	677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 640 000	1 093 000	744 000	1 462 000
Total Assets	1 640 000	1 093 000	744 000	1 462 000
Total Retained Equity	0	100 000	136 000	598 000
Total Equity	30 000	130 000	166 000	628 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 610 000	962 000	578 000	834 000
Total Equity and Debt	1 640 000	1 093 000	744 000	1 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 615 000	1 940 000	1 127 000	1 879 000
Other Income	0	0	0	0
Revenue	2 615 000	1 940 000	1 127 000	1 879 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 239 000	988 000	627 000	871 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 397 000	1 145 000	692 000	1 011 000
Operating Profit	1 219 000	795 000	434 000	868 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	1 051 000	520 000	400 000	300 000
Net Income	950 000	620 000	339 000	677 000

Balance details (NOK)	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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 383 000	616 000	744 000	776 000
Total Current Assets	1 640 000	1 093 000	744 000	1 462 000
Total Assets	1 640 000	1 093 000	744 000	1 462 000
Total Equity	30 000	130 000	166 000	628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	9 000	5 000	5 000
Unpaid Taxes	155 000	151 000	17 000	255 000
Dividends	1 051 000	520 000	400 000	300 000
Other Current Debt	129 000	108 000	61 000	83 000
Total Current Debt	1 610 000	962 000	578 000	834 000
Total Equity and Debt	1 640 000	1 093 000	744 000	1 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 166,67 %	476,92 %	204,22 %	107,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,62 %	40,98 %	38,51 %	46,19 %
Current Ratio	1,02	1,14	1,29	1,75
Quick Ratio	1,02	1,14	1,29	1,75
Equity Ratio	0,02	0,12	0,22	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %