ATLANTIC OFFSHORE AS

5353 STRAUME

Finances

Return on Equity

35,53 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	364 801 000	333 755 000	452 719 000	531 202 000
Net Income	80 741 000	20 081 000	−96 611 000	41 823 000
Total Assets	747 063 000	1 056 177 000	1 171 850 000	1 364 968 000
Total Equity	227 220 000	148 434 000	129 905 000	224 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	364 801 000	333 755 000	452 719 000	531 202 000
Expenditure	248 995 000	302 464 000	428 026 000	415 367 000
Operating Profit	115 806 000	31 291 000	24 693 000	115 835 000
Financial Income	5 257 000	29 824 000	4 222 000	322 000
Financial Costs	39 542 000	46 726 000	50 946 000	73 502 000
Financial Balance	−34 285 000	−16 902 000	−46 724 000	−73 180 000
Earnings Before Tax	81 521 000	14 389 000	−22 031 000	42 655 000
Tax	780 000	−5 692 000	74 580 000	832 000
Net Income	80 741 000	20 081 000	−96 611 000	41 823 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	511 668 000	950 880 000	1 020 555 000	1 176 687 000
Total Current Assets	235 395 000	105 297 000	151 295 000	188 281 000
Total Assets	747 063 000	1 056 177 000	1 171 850 000	1 364 968 000
Total Retained Equity	217 190 000	138 404 000	0	214 279 000
Total Equity	227 220 000	148 434 000	129 905 000	224 309 000
Total Long-Term Debt	92 510 000	764 212 000	720 024 000	929 653 000
Total Current Debt	427 333 000	143 530 000	321 920 000	211 004 000
Total Equity and Debt	747 063 000	1 056 176 000	1 171 849 000	1 364 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	257 304 000	338 435 000	437 273 000	511 414 000
Other Income	107 497 000	−4 680 000	15 446 000	19 788 000
Revenue	364 801 000	333 755 000	452 719 000	531 202 000
Cost of Goods Sold	53 193 000	0	0	0
Salary Costs	136 038 000	146 568 000	219 813 000	235 399 000
Depreciation	54 097 000	96 336 000	85 395 000	124 652 000
Impairment	−7 050 000	0	51 663 000	0
Expenditure	248 995 000	302 464 000	428 026 000	415 367 000
Operating Profit	115 806 000	31 291 000	24 693 000	115 835 000
Financial Income	5 257 000	29 824 000	4 222 000	322 000
Financial Costs	39 542 000	46 726 000	50 946 000	73 502 000
Financial Balance	−34 285 000	−16 902 000	−46 724 000	−73 180 000
Dividends	0	0	0	0
Net Income	80 741 000	20 081 000	−96 611 000	41 823 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 477 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 236 000	1 551 000	1 109 000	51 789 000
Total Tangible Assets	511 668 000	945 175 000	1 016 102 000	1 169 907 000
Total Fiancial Fixed Assets	0	5 705 000	4 453 000	1 303 000
Total Fixed Assets	511 668 000	950 880 000	1 020 555 000	1 176 687 000
Stock	2 050 000	2 411 000	1 102 000	2 977 000
Total Investments	0	0	2 167 000	0
Cash, Bank	187 948 000	57 309 000	80 078 000	117 358 000
Total Current Assets	235 395 000	105 297 000	151 295 000	188 281 000
Total Assets	747 063 000	1 056 177 000	1 171 850 000	1 364 968 000
Total Equity	227 220 000	148 434 000	129 905 000	224 309 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 510 000	764 212 000	720 024 000	929 653 000
Creditors	9 718 000	14 822 000	11 764 000	21 676 000
Unpaid Taxes	3 408 000	6 215 000	9 252 000	8 551 000
Dividends	0	0	0	0
Other Current Debt	391 862 000	20 448 000	23 337 000	180 477 000
Total Current Debt	427 333 000	143 530 000	321 920 000	211 004 000
Total Equity and Debt	747 063 000	1 056 176 000	1 171 849 000	1 364 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,53 %	13,53 %	−74,37 %	18,65 %
Debt-to-Equity Ratio	0,41	5,15	5,54	4,14
Operating Profit Margin	31,74 %	9,38 %	5,45 %	21,81 %
Current Ratio	0,55	0,73	0,47	0,89
Quick Ratio	0,55	0,75	0,47	0,91
Equity Ratio	0,3	0,14	0,11	0,16
Gross Profit Margin	85,42 %	100 %	100 %	100 %