FEARNLEY OFFSHORE AS

0191 OSLO

Finances

Share Ownership

Return on Equity

715,52 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 094 000	70 686 000	74 400 000	67 649 000
Net Income	49 593 000	17 088 000	21 524 000	22 292 000
Total Assets	113 403 000	60 853 000	65 770 000	51 114 000
Total Equity	6 931 000	7 321 000	12 233 000	12 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 094 000	70 686 000	74 400 000	67 649 000
Expenditure	76 001 000	47 748 000	46 930 000	52 746 000
Operating Profit	63 093 000	22 938 000	27 470 000	14 903 000
Financial Income	656 000	−959 000	191 000	11 050 000
Financial Costs	6 000	23 000	13 000	38 000
Financial Balance	650 000	−982 000	178 000	11 012 000
Earnings Before Tax	63 743 000	21 957 000	27 648 000	25 916 000
Tax	14 149 000	4 869 000	6 124 000	3 624 000
Net Income	49 593 000	17 088 000	21 524 000	22 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 096 000	6 948 000	6 887 000	3 241 000
Total Current Assets	106 307 000	53 905 000	58 883 000	47 873 000
Total Assets	113 403 000	60 853 000	65 770 000	51 114 000
Total Retained Equity	−3 919 000	−3 529 000	1 383 000	1 383 000
Total Equity	6 931 000	7 321 000	12 233 000	12 233 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	106 472 000	53 532 000	53 537 000	38 881 000
Total Equity and Debt	113 403 000	60 853 000	65 770 000	51 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	139 094 000	70 686 000	74 400 000	67 649 000
Revenue	139 094 000	70 686 000	74 400 000	67 649 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 537 000	23 034 000	25 481 000	25 774 000
Depreciation	0	0	21 000	107 000
Impairment	0	0	0	0
Expenditure	76 001 000	47 748 000	46 930 000	52 746 000
Operating Profit	63 093 000	22 938 000	27 470 000	14 903 000
Financial Income	656 000	−959 000	191 000	11 050 000
Financial Costs	6 000	23 000	13 000	38 000
Financial Balance	650 000	−982 000	178 000	11 012 000
Dividends	49 983 000	22 000 000	21 524 000	22 292 000
Net Income	49 593 000	17 088 000	21 524 000	22 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	230 000	83 000	21 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	21 000
Total Tangible Assets	0	0	0	21 000
Total Fiancial Fixed Assets	6 866 000	6 866 000	6 866 000	3 195 000
Total Fixed Assets	7 096 000	6 948 000	6 887 000	3 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 530 000	15 950 000	34 687 000	12 741 000
Total Current Assets	106 307 000	53 905 000	58 883 000	47 873 000
Total Assets	113 403 000	60 853 000	65 770 000	51 114 000
Total Equity	6 931 000	7 321 000	12 233 000	12 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	7 409 000	3 098 000	2 647 000	4 029 000
Dividends	49 983 000	22 000 000	21 524 000	22 292 000
Other Current Debt	34 783 000	23 503 000	23 247 000	19 126 000
Total Current Debt	106 472 000	53 532 000	53 537 000	38 881 000
Total Equity and Debt	113 403 000	60 853 000	65 770 000	51 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	715,52 %	233,41 %	175,95 %	182,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,36 %	32,45 %	36,92 %	22,03 %
Current Ratio	1	1,01	1,1	1,23
Quick Ratio	1	1,01	1,1	1,23
Equity Ratio	0,06	0,12	0,19	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %