MARITIME RIG SERVICE AS

5121 ULSET

Finances

Share Ownership

Return on Equity

19,69 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 644 000	33 889 000	25 830 000	23 522 000
Net Income	2 048 000	2 440 000	1 443 000	1 235 000
Total Assets	24 030 000	22 894 000	16 323 000	10 185 000
Total Equity	10 403 000	8 355 000	5 916 000	4 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 644 000	33 889 000	25 830 000	23 522 000
Expenditure	45 701 000	30 417 000	23 875 000	21 864 000
Operating Profit	2 943 000	3 472 000	1 954 000	1 659 000
Financial Income	71 000	69 000	55 000	38 000
Financial Costs	378 000	411 000	159 000	68 000
Financial Balance	−307 000	−342 000	−104 000	−30 000
Earnings Before Tax	2 636 000	3 130 000	1 850 000	1 628 000
Tax	588 000	690 000	407 000	393 000
Net Income	2 048 000	2 440 000	1 443 000	1 235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	21 000	44 000	2 536 000
Total Current Assets	24 030 000	22 872 000	16 279 000	7 649 000
Total Assets	24 030 000	22 894 000	16 323 000	10 185 000
Total Retained Equity	10 373 000	8 325 000	5 886 000	4 443 000
Total Equity	10 403 000	8 355 000	5 916 000	4 473 000
Total Long-Term Debt	1 955 000	2 453 000	1 457 000	2 000
Total Current Debt	11 672 000	12 085 000	8 950 000	5 711 000
Total Equity and Debt	24 030 000	22 894 000	16 323 000	10 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 644 000	33 889 000	25 830 000	23 522 000
Other Income	0	0	0	0
Revenue	48 644 000	33 889 000	25 830 000	23 522 000
Cost of Goods Sold	5 764 000	8 034 000	6 406 000	10 521 000
Salary Costs	32 880 000	19 570 000	14 084 000	9 295 000
Depreciation	21 000	23 000	18 000	6 000
Impairment	0	0	0	0
Expenditure	45 701 000	30 417 000	23 875 000	21 864 000
Operating Profit	2 943 000	3 472 000	1 954 000	1 659 000
Financial Income	71 000	69 000	55 000	38 000
Financial Costs	378 000	411 000	159 000	68 000
Financial Balance	−307 000	−342 000	−104 000	−30 000
Dividends	0	0	0	0
Net Income	2 048 000	2 440 000	1 443 000	1 235 000

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	21 000	44 000	36 000
Total Tangible Assets	0	21 000	44 000	36 000
Total Fiancial Fixed Assets	0	0	0	2 500 000
Total Fixed Assets	0	21 000	44 000	2 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 329 000	3 951 000	3 237 000	0
Total Current Assets	24 030 000	22 872 000	16 279 000	7 649 000
Total Assets	24 030 000	22 894 000	16 323 000	10 185 000
Total Equity	10 403 000	8 355 000	5 916 000	4 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 955 000	2 453 000	1 457 000	2 000
Creditors	825 000	707 000	979 000	822 000
Unpaid Taxes	4 211 000	6 572 000	5 420 000	1 848 000
Dividends	0	0	0	0
Other Current Debt	6 048 000	4 114 000	2 143 000	1 917 000
Total Current Debt	11 672 000	12 085 000	8 950 000	5 711 000
Total Equity and Debt	24 030 000	22 894 000	16 323 000	10 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,69 %	29,2 %	24,39 %	27,61 %
Debt-to-Equity Ratio	0,19	0,29	0,25	0
Operating Profit Margin	6,05 %	10,25 %	7,56 %	7,05 %
Current Ratio	2,06	1,89	1,82	1,34
Quick Ratio	2,06	1,89	1,82	1,34
Equity Ratio	0,43	0,36	0,36	0,44
Gross Profit Margin	88,15 %	76,29 %	75,2 %	55,27 %