OLYMPIC OFFSHORE AS

6090 FOSNAVÅG

Finances

Return on Equity

−215,61 %

Current Ratio

0,65

Debt-to-Equity Ratio

−2,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	98 158 000	−143 000	−247 306 000	−85 610 000
Total Assets	95 293 000	3 044 000	0	242 053 000
Total Equity	−45 525 000	−143 957 000	−143 814 000	103 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	326 000	91 000	92 000	78 000
Operating Profit	−326 000	−91 000	−92 000	−78 000
Financial Income	12 466 000	7 000	0	51 000
Financial Costs	−86 018 000	59 000	247 214 000	85 583 000
Financial Balance	98 484 000	−52 000	−247 214 000	−85 532 000
Earnings Before Tax	98 158 000	−143 000	−247 306 000	−85 610 000
Tax	0	0	0	0
Net Income	98 158 000	−143 000	−247 306 000	−85 610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 310 000	20 000	0	242 053 000
Total Current Assets	8 984 000	3 025 000	0	0
Total Assets	95 293 000	3 044 000	0	242 053 000
Total Retained Equity	−47 545 000	−145 977 000	−145 834 000	0
Total Equity	−45 525 000	−143 957 000	−143 814 000	103 492 000
Total Long-Term Debt	127 000 000	127 000 000	127 000 000	0
Total Current Debt	13 818 000	20 001 000	16 814 000	138 561 000
Total Equity and Debt	95 293 000	3 044 000	0	242 053 000

Cash flow (NOK)	2022	2021	2020	2019
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	326 000	91 000	92 000	78 000
Operating Profit	−326 000	−91 000	−92 000	−78 000
Financial Income	12 466 000	7 000	0	51 000
Financial Costs	−86 018 000	59 000	247 214 000	85 583 000
Financial Balance	98 484 000	−52 000	−247 214 000	−85 532 000
Dividends	0	0	0	0
Net Income	98 158 000	−143 000	−247 306 000	−85 610 000

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	86 310 000	20 000	0	242 053 000
Total Fixed Assets	86 310 000	20 000	0	242 053 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	8 984 000	3 025 000	0	0
Total Assets	95 293 000	3 044 000	0	242 053 000
Total Equity	−45 525 000	−143 957 000	−143 814 000	103 492 000
Short-Term Group Debt	13 731 000	20 000 000	11 728 000	127 000 000
Total Long-Term Debt	127 000 000	127 000 000	127 000 000	0
Creditors	79 000	0	5 080 000	4 479 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	0	0	0
Total Current Debt	13 818 000	20 001 000	16 814 000	138 561 000
Total Equity and Debt	95 293 000	3 044 000	0	242 053 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−215,61 %	0,1 %	171,96 %	−82,72 %
Debt-to-Equity Ratio	−2,79	−0,88	−0,88	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,65	0,15	0	0
Quick Ratio	0,65	0,15	0	0
Equity Ratio	−0,48	−47,29	-	0,43
Gross Profit Margin	-	-	-	-