PROSAFE SE

4031 STAVANGER

Finances

Return on Equity

−19 713,64 %

Current Ratio

7,58

Debt-to-Equity Ratio

5 225,41

Key figures (USD)	2022	2021	2020	2019
Revenue	20 000 000	0	5 181 000	28 020 000
Net Income	−13 011 000	803 920 000	−943 972 000	−412 794 000
Total Assets	347 626 000	359 861 000	618 234 000	1 460 274 000
Total Equity	66 000	12 300 000	−850 798 000	93 301 000

Income (USD)	2022	2021	2020	2019
Revenue	20 000 000	0	5 181 000	28 020 000
Expenditure	53 996 000	140 098 000	717 262 000	402 823 000
Operating Profit	−33 996 000	−140 098 000	−712 081 000	−374 803 000
Financial Income	59 409 000	1 056 051 000	15 075 000	15 655 000
Financial Costs	38 406 000	112 033 000	246 966 000	53 494 000
Financial Balance	21 003 000	944 018 000	−231 891 000	−37 839 000
Earnings Before Tax	−12 993 000	803 920 000	−943 972 000	−412 642 000
Tax	18 000	0	0	1 000
Net Income	−13 011 000	803 920 000	−943 972 000	−412 794 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	327 291 000	297 994 000	544 022 000	1 363 745 000
Total Current Assets	20 335 000	61 867 000	74 212 000	96 529 000
Total Assets	347 626 000	359 861 000	618 234 000	1 460 274 000
Total Retained Equity	−708 372 000	−1 181 205 000	−1 971 058 000	−1 025 159 000
Total Equity	66 000	12 300 000	−850 798 000	93 301 000
Total Long-Term Debt	344 877 000	345 182 000	39 069 000	29 904 000
Total Current Debt	2 683 000	2 379 000	1 429 963 000	1 337 069 000
Total Equity and Debt	347 626 000	359 861 000	618 234 000	1 460 274 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	5 181 000	28 020 000
Other Income	20 000 000	0	0	0
Revenue	20 000 000	0	5 181 000	28 020 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	48 264 000	135 888 000	713 300 000	393 250 000
Expenditure	53 996 000	140 098 000	717 262 000	402 823 000
Operating Profit	−33 996 000	−140 098 000	−712 081 000	−374 803 000
Financial Income	59 409 000	1 056 051 000	15 075 000	15 655 000
Financial Costs	38 406 000	112 033 000	246 966 000	53 494 000
Financial Balance	21 003 000	944 018 000	−231 891 000	−37 839 000
Dividends	0	0	0	0
Net Income	−13 011 000	803 920 000	−943 972 000	−412 794 000

Balance details (USD)	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	327 291 000	297 994 000	544 022 000	1 363 745 000
Total Fixed Assets	327 291 000	297 994 000	544 022 000	1 363 745 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 909 000	19 382 000	73 696 000	90 900 000
Total Current Assets	20 335 000	61 867 000	74 212 000	96 529 000
Total Assets	347 626 000	359 861 000	618 234 000	1 460 274 000
Total Equity	66 000	12 300 000	−850 798 000	93 301 000
Short-Term Group Debt	516 000	67 000	14 954 000	17 502 000
Total Long-Term Debt	344 877 000	345 182 000	39 069 000	29 904 000
Creditors	65 000	637 000	263 000	457 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	925 000	1 237 000	0	0
Total Current Debt	2 683 000	2 379 000	1 429 963 000	1 337 069 000
Total Equity and Debt	347 626 000	359 861 000	618 234 000	1 460 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19 713,64 %	6 535,93 %	110,95 %	−442,43 %
Debt-to-Equity Ratio	5 225,41	28,06	−0,05	0,32
Operating Profit Margin	−169,98 %	-	−13 744,08 %	−1 337,63 %
Current Ratio	7,58	26,01	0,05	0,07
Quick Ratio	7,58	26,01	0,05	0,07
Equity Ratio	0	0,03	−1,38	0,06
Gross Profit Margin	100 %	-	100 %	100 %