SANDNESSJØEN OFFSHORESERVICE AS

8656 MOSJØEN

Finances

Return on Equity

−38,19 %

Current Ratio

8,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	383 000	320 000	0
Net Income	−270 000	−517 000	−74 000	−171 000
Total Assets	800 000	1 149 000	1 911 000	1 757 000
Total Equity	707 000	977 000	1 494 000	1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	383 000	320 000	0
Expenditure	750 000	878 000	637 000	181 000
Operating Profit	−269 000	−495 000	−318 000	−181 000
Financial Income	0	0	249 000	0
Financial Costs	0	22 000	5 000	5 000
Financial Balance	0	−22 000	244 000	−5 000
Earnings Before Tax	−270 000	−517 000	−74 000	−185 000
Tax	0	0	0	−15 000
Net Income	−270 000	−517 000	−74 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	574 000	1 286 000	1 075 000
Total Current Assets	791 000	575 000	625 000	682 000
Total Assets	800 000	1 149 000	1 911 000	1 757 000
Total Retained Equity	−643 000	−373 000	144 000	72 000
Total Equity	707 000	977 000	1 494 000	1 422 000
Total Long-Term Debt	0	0	0	33 000
Total Current Debt	93 000	172 000	417 000	302 000
Total Equity and Debt	800 000	1 149 000	1 911 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	263 000	340 000	320 000	0
Other Income	217 000	43 000	0	0
Revenue	480 000	383 000	320 000	0
Cost of Goods Sold	172 000	110 000	0	0
Salary Costs	166 000	284 000	0	0
Depreciation	160 000	170 000	241 000	99 000
Impairment	0	0	0	0
Expenditure	750 000	878 000	637 000	181 000
Operating Profit	−269 000	−495 000	−318 000	−181 000
Financial Income	0	0	249 000	0
Financial Costs	0	22 000	5 000	5 000
Financial Balance	0	−22 000	244 000	−5 000
Dividends	0	0	0	0
Net Income	−270 000	−517 000	−74 000	−171 000

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	174 000	616 000	694 000
Fixtures	0	0	0	0
Total Tangible Assets	0	383 000	898 000	694 000
Total Fiancial Fixed Assets	9 000	191 000	388 000	381 000
Total Fixed Assets	9 000	574 000	1 286 000	1 075 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	464 000	105 000	353 000	22 000
Total Current Assets	791 000	575 000	625 000	682 000
Total Assets	800 000	1 149 000	1 911 000	1 757 000
Total Equity	707 000	977 000	1 494 000	1 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	33 000
Creditors	26 000	32 000	33 000	2 000
Unpaid Taxes	49 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	141 000	384 000	300 000
Total Current Debt	93 000	172 000	417 000	302 000
Total Equity and Debt	800 000	1 149 000	1 911 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,19 %	−52,92 %	−4,95 %	−12,03 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	−56,04 %	−129,24 %	−99,38 %	-
Current Ratio	8,51	3,34	1,5	2,26
Quick Ratio	8,51	3,34	1,5	2,26
Equity Ratio	0,88	0,85	0,78	0,81
Gross Profit Margin	64,17 %	71,28 %	100 %	-