ISLAND OFFSHORE XII AS

6065 ULSTEINVIK

Finances

Return on Equity

0,48 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 524 000	41 859 000	66 491 000	−1 733 000
Total Assets	413 795 000	325 761 000	283 903 000	39 903 000
Total Equity	315 455 000	324 025 000	282 166 000	−28 325 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	317 000	0	0	1 000
Operating Profit	−317 000	0	0	−1 000
Financial Income	1 843 000	41 859 000	66 491 000	0
Financial Costs	1 000	0	0	1 732 000
Financial Balance	1 842 000	41 859 000	66 491 000	−1 732 000
Earnings Before Tax	1 524 000	41 859 000	66 491 000	−1 733 000
Tax	0	0	0	0
Net Income	1 524 000	41 859 000	66 491 000	−1 733 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 732 000	325 707 000	283 849 000	39 849 000
Total Current Assets	104 063 000	54 000	54 000	54 000
Total Assets	413 795 000	325 761 000	283 903 000	39 903 000
Total Retained Equity	65 522 000	64 025 000	22 166 000	−44 325 000
Total Equity	315 455 000	324 025 000	282 166 000	−28 325 000
Total Long-Term Debt	0	1 732 000	1 732 000	66 491 000
Total Current Debt	98 340 000	4 000	4 000	1 737 000
Total Equity and Debt	413 795 000	325 761 000	283 903 000	39 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	317 000	0	0	1 000
Operating Profit	−317 000	0	0	−1 000
Financial Income	1 843 000	41 859 000	66 491 000	0
Financial Costs	1 000	0	0	1 732 000
Financial Balance	1 842 000	41 859 000	66 491 000	−1 732 000
Dividends	0	0	0	0
Net Income	1 524 000	41 859 000	66 491 000	−1 733 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	309 732 000	325 707 000	283 849 000	39 849 000
Total Fixed Assets	309 732 000	325 707 000	283 849 000	39 849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 247 000	54 000	54 000	54 000
Total Current Assets	104 063 000	54 000	54 000	54 000
Total Assets	413 795 000	325 761 000	283 903 000	39 903 000
Total Equity	315 455 000	324 025 000	282 166 000	−28 325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 732 000	1 732 000	66 491 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	98 340 000	4 000	4 000	1 737 000
Total Current Debt	98 340 000	4 000	4 000	1 737 000
Total Equity and Debt	413 795 000	325 761 000	283 903 000	39 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,48 %	12,92 %	23,56 %	6,12 %
Debt-to-Equity Ratio	0	0,01	0,01	−2,35
Operating Profit Margin	-	-	-	-
Current Ratio	1,06	13,5	13,5	0,03
Quick Ratio	1,06	13,5	13,5	0,03
Equity Ratio	0,76	0,99	0,99	−0,71
Gross Profit Margin	-	-	-	-