RC OFFSHORE AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

41,28 %

Current Ratio

0,16

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 333 000	3 539 000	1 273 000	1 255 000
Net Income	296 000	1 099 000	45 000	−11 000
Total Assets	5 294 000	2 713 000	1 753 000	1 503 000
Total Equity	717 000	421 000	−678 000	−723 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 333 000	3 539 000	1 273 000	1 255 000
Expenditure	1 690 000	2 267 000	1 161 000	1 189 000
Operating Profit	643 000	1 273 000	112 000	65 000
Financial Income	4 000	0	0	0
Financial Costs	267 000	59 000	67 000	77 000
Financial Balance	−263 000	−59 000	−67 000	−77 000
Earnings Before Tax	380 000	1 213 000	45 000	−11 000
Tax	84 000	114 000	0	0
Net Income	296 000	1 099 000	45 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 757 000	1 767 000	18 000	465 000
Total Current Assets	537 000	947 000	1 735 000	1 038 000
Total Assets	5 294 000	2 713 000	1 753 000	1 503 000
Total Retained Equity	687 000	391 000	−708 000	−753 000
Total Equity	717 000	421 000	−678 000	−723 000
Total Long-Term Debt	1 261 000	1 291 000	1 186 000	1 657 000
Total Current Debt	3 316 000	1 002 000	1 245 000	569 000
Total Equity and Debt	5 294 000	2 713 000	1 753 000	1 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 333 000	3 539 000	1 118 000	1 255 000
Other Income	0	0	155 000	0
Revenue	2 333 000	3 539 000	1 273 000	1 255 000
Cost of Goods Sold	634 000	1 751 000	947 000	864 000
Salary Costs	0	0	1 000	110 000
Depreciation	793 000	368 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	1 690 000	2 267 000	1 161 000	1 189 000
Operating Profit	643 000	1 273 000	112 000	65 000
Financial Income	4 000	0	0	0
Financial Costs	267 000	59 000	67 000	77 000
Financial Balance	−263 000	−59 000	−67 000	−77 000
Dividends	0	0	0	0
Net Income	296 000	1 099 000	45 000	−11 000

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	4 757 000	1 767 000	18 000	465 000
Total Tangible Assets	4 757 000	1 767 000	18 000	465 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 757 000	1 767 000	18 000	465 000
Stock	265 000	153 000	1 218 000	797 000
Total Investments	0	0	0	0
Cash, Bank	0	477 000	152 000	48 000
Total Current Assets	537 000	947 000	1 735 000	1 038 000
Total Assets	5 294 000	2 713 000	1 753 000	1 503 000
Total Equity	717 000	421 000	−678 000	−723 000
Short-Term Group Debt	0	0	144 000	0
Total Long-Term Debt	1 261 000	1 291 000	1 186 000	1 657 000
Creditors	19 000	672 000	994 000	464 000
Unpaid Taxes	0	87 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	4 000	174 000	107 000	104 000
Total Current Debt	3 316 000	1 002 000	1 245 000	569 000
Total Equity and Debt	5 294 000	2 713 000	1 753 000	1 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,28 %	261,05 %	−6,64 %	1,52 %
Debt-to-Equity Ratio	1,76	3,07	−1,75	−2,29
Operating Profit Margin	27,56 %	35,97 %	8,8 %	5,18 %
Current Ratio	0,16	0,95	1,39	1,82
Quick Ratio	0,18	1,12	64,26	−4,55
Equity Ratio	0,14	0,16	−0,39	−0,48
Gross Profit Margin	72,82 %	50,52 %	25,61 %	31,16 %