DOF SUBSEA NORWAY AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

57,14 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	885 259 000	482 751 000	467 590 000	344 818 000
Net Income	127 338 000	2 136 000	−23 942 000	−96 523 000
Total Assets	412 715 000	264 077 000	173 859 000	94 118 000
Total Equity	222 836 000	96 203 000	−35 933 000	−11 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	885 259 000	482 751 000	467 590 000	344 818 000
Expenditure	765 439 000	457 137 000	299 555 000	261 317 000
Operating Profit	119 820 000	25 614 000	−14 446 000	−84 463 000
Financial Income	10 040 000	5 778 000	−1 087 000	−4 284 000
Financial Costs	9 978 000	7 310 000	−8 868 000	1 765 000
Financial Balance	62 000	−1 532 000	7 781 000	−6 049 000
Earnings Before Tax	119 882 000	24 082 000	−6 665 000	−90 512 000
Tax	−7 456 000	21 946 000	17 277 000	6 011 000
Net Income	127 338 000	2 136 000	−23 942 000	−96 523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 653 000	13 030 000	15 632 000	18 568 000
Total Current Assets	365 062 000	251 047 000	158 227 000	75 550 000
Total Assets	412 715 000	264 077 000	173 859 000	94 118 000
Total Retained Equity	−12 994 000	−139 627 000	−265 025 000	−241 082 000
Total Equity	222 836 000	96 203 000	−35 933 000	−11 990 000
Total Long-Term Debt	8 582 000	2 435 000	4 756 000	8 963 000
Total Current Debt	181 297 000	165 439 000	205 036 000	97 145 000
Total Equity and Debt	412 715 000	264 077 000	173 859 000	94 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	885 259 000	482 751 000	467 590 000	344 818 000
Other Income	0	0	0	0
Revenue	885 259 000	482 751 000	467 590 000	344 818 000
Cost of Goods Sold	631 976 000	356 979 000	123 763 000	74 512 000
Salary Costs	86 218 000	61 419 000	119 871 000	141 537 000
Depreciation	7 346 000	6 225 000	5 741 000	7 192 000
Impairment	0	0	0	1 000 000
Expenditure	765 439 000	457 137 000	299 555 000	261 317 000
Operating Profit	119 820 000	25 614 000	−14 446 000	−84 463 000
Financial Income	10 040 000	5 778 000	−1 087 000	−4 284 000
Financial Costs	9 978 000	7 310 000	−8 868 000	1 765 000
Financial Balance	62 000	−1 532 000	7 781 000	−6 049 000
Dividends	0	0	0	0
Net Income	127 338 000	2 136 000	−23 942 000	−96 523 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 947 000	0	0	0
Real Eastate	0	8 291 000	15 632 000	18 568 000
Machinery and Plant Facilities	4 292 000	307 000	0	0
Fixtures	12 414 000	4 432 000	0	0
Total Tangible Assets	16 706 000	13 030 000	15 632 000	18 568 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 653 000	13 030 000	15 632 000	18 568 000
Stock	0	0	0	4 402 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	365 062 000	251 047 000	158 227 000	75 550 000
Total Assets	412 715 000	264 077 000	173 859 000	94 118 000
Total Equity	222 836 000	96 203 000	−35 933 000	−11 990 000
Short-Term Group Debt	146 682 000	132 662 000	162 599 000	56 595 000
Total Long-Term Debt	8 582 000	2 435 000	4 756 000	8 963 000
Creditors	22 505 000	1 355 000	7 615 000	7 010 000
Unpaid Taxes	5 016 000	2 068 000	7 195 000	7 341 000
Dividends	0	0	0	0
Other Current Debt	7 094 000	29 354 000	27 628 000	26 199 000
Total Current Debt	181 297 000	165 439 000	205 036 000	97 145 000
Total Equity and Debt	412 715 000	264 077 000	173 859 000	94 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,14 %	2,22 %	66,63 %	805,03 %
Debt-to-Equity Ratio	0,04	0,03	−0,13	−0,75
Operating Profit Margin	13,54 %	5,31 %	−3,09 %	−24,49 %
Current Ratio	2,01	1,52	0,77	0,78
Quick Ratio	2,01	1,52	0,77	0,81
Equity Ratio	0,54	0,36	−0,21	−0,13
Gross Profit Margin	28,61 %	26,05 %	73,53 %	78,39 %