AS OSLO SUBSEA ENGINEERING

1350 LOMMEDALEN

Finances

Share Ownership

Return on Equity

12,3 %

Current Ratio

6,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 801 000	3 028 000	3 196 000	735 000
Net Income	1 070 000	1 473 000	1 673 000	81 000
Total Assets	9 395 000	8 309 000	6 898 000	4 688 000
Total Equity	8 696 000	7 626 000	6 153 000	4 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 801 000	3 028 000	3 196 000	735 000
Expenditure	1 352 000	1 236 000	1 190 000	706 000
Operating Profit	1 449 000	1 792 000	2 006 000	29 000
Financial Income	103 000	84 000	91 000	73 000
Financial Costs	148 000	1 000	2 000	9 000
Financial Balance	−45 000	83 000	89 000	64 000
Earnings Before Tax	1 404 000	1 875 000	2 095 000	92 000
Tax	334 000	402 000	422 000	11 000
Net Income	1 070 000	1 473 000	1 673 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 025 000	4 670 000	3 215 000	2 876 000
Total Current Assets	4 370 000	3 640 000	3 683 000	1 811 000
Total Assets	9 395 000	8 309 000	6 898 000	4 688 000
Total Retained Equity	8 596 000	7 526 000	6 053 000	4 380 000
Total Equity	8 696 000	7 626 000	6 153 000	4 480 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	699 000	683 000	745 000	208 000
Total Equity and Debt	9 395 000	8 309 000	6 898 000	4 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 639 000	2 866 000	3 034 000	584 000
Other Income	162 000	162 000	162 000	151 000
Revenue	2 801 000	3 028 000	3 196 000	735 000
Cost of Goods Sold	0	0	0	0
Salary Costs	852 000	792 000	740 000	360 000
Depreciation	78 000	78 000	20 000	0
Impairment	0	0	0	0
Expenditure	1 352 000	1 236 000	1 190 000	706 000
Operating Profit	1 449 000	1 792 000	2 006 000	29 000
Financial Income	103 000	84 000	91 000	73 000
Financial Costs	148 000	1 000	2 000	9 000
Financial Balance	−45 000	83 000	89 000	64 000
Dividends	0	0	0	0
Net Income	1 070 000	1 473 000	1 673 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 200 000	2 200 000	2 200 000	2 200 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	216 000	294 000	372 000	0
Total Tangible Assets	2 416 000	2 494 000	2 573 000	2 200 000
Total Fiancial Fixed Assets	2 609 000	2 175 000	642 000	676 000
Total Fixed Assets	5 025 000	4 670 000	3 215 000	2 876 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 717 000	3 059 000	3 016 000	1 404 000
Total Current Assets	4 370 000	3 640 000	3 683 000	1 811 000
Total Assets	9 395 000	8 309 000	6 898 000	4 688 000
Total Equity	8 696 000	7 626 000	6 153 000	4 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	4 000	0	9 000
Unpaid Taxes	151 000	144 000	212 000	76 000
Dividends	0	0	0	0
Other Current Debt	190 000	134 000	111 000	111 000
Total Current Debt	699 000	683 000	745 000	208 000
Total Equity and Debt	9 395 000	8 309 000	6 898 000	4 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,3 %	19,32 %	27,19 %	1,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,73 %	59,18 %	62,77 %	3,95 %
Current Ratio	6,25	5,33	4,94	8,71
Quick Ratio	6,25	5,33	4,94	8,71
Equity Ratio	0,93	0,92	0,89	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %