BARENS OFFSHORE AS

9130 HANSNES

Finances

Return on Equity

67,15 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 887 000	8 184 000	2 692 000	8 751 000
Net Income	3 465 000	−641 000	−831 000	−213 000
Total Assets	10 691 000	6 583 000	7 445 000	7 140 000
Total Equity	5 160 000	2 294 000	2 936 000	3 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 887 000	8 184 000	2 692 000	8 751 000
Expenditure	10 636 000	8 786 000	3 717 000	8 969 000
Operating Profit	4 251 000	−602 000	−1 025 000	−218 000
Financial Income	160 000	6 000	23 000	73 000
Financial Costs	106 000	85 000	118 000	128 000
Financial Balance	54 000	−79 000	−95 000	−55 000
Earnings Before Tax	4 304 000	−681 000	−1 121 000	−273 000
Tax	839 000	−39 000	−290 000	−60 000
Net Income	3 465 000	−641 000	−831 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 476 000	5 241 000	5 063 000	5 385 000
Total Current Assets	6 216 000	1 341 000	2 382 000	1 756 000
Total Assets	10 691 000	6 583 000	7 445 000	7 140 000
Total Retained Equity	4 760 000	1 794 000	2 436 000	3 266 000
Total Equity	5 160 000	2 294 000	2 936 000	3 766 000
Total Long-Term Debt	2 818 000	2 906 000	2 862 000	2 758 000
Total Current Debt	2 714 000	1 382 000	1 648 000	616 000
Total Equity and Debt	10 691 000	6 583 000	7 445 000	7 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 852 000	8 171 000	2 555 000	8 698 000
Other Income	35 000	13 000	138 000	54 000
Revenue	14 887 000	8 184 000	2 692 000	8 751 000
Cost of Goods Sold	4 325 000	2 112 000	375 000	1 611 000
Salary Costs	2 046 000	2 855 000	541 000	2 502 000
Depreciation	431 000	459 000	418 000	436 000
Impairment	0	0	0	0
Expenditure	10 636 000	8 786 000	3 717 000	8 969 000
Operating Profit	4 251 000	−602 000	−1 025 000	−218 000
Financial Income	160 000	6 000	23 000	73 000
Financial Costs	106 000	85 000	118 000	128 000
Financial Balance	54 000	−79 000	−95 000	−55 000
Dividends	0	0	0	0
Net Income	3 465 000	−641 000	−831 000	−213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	334 000	185 000	0
Real Eastate	2 649 000	2 704 000	2 759 000	2 814 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	192 000	264 000	338 000
Total Tangible Assets	4 476 000	4 907 000	4 876 000	5 294 000
Total Fiancial Fixed Assets	0	0	3 000	91 000
Total Fixed Assets	4 476 000	5 241 000	5 063 000	5 385 000
Stock	1 391 000	371 000	470 000	255 000
Total Investments	0	0	0	0
Cash, Bank	585 000	289 000	1 245 000	574 000
Total Current Assets	6 216 000	1 341 000	2 382 000	1 756 000
Total Assets	10 691 000	6 583 000	7 445 000	7 140 000
Total Equity	5 160 000	2 294 000	2 936 000	3 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 818 000	2 906 000	2 862 000	2 758 000
Creditors	1 867 000	1 010 000	949 000	225 000
Unpaid Taxes	110 000	135 000	406 000	63 000
Dividends	0	0	0	0
Other Current Debt	245 000	128 000	200 000	328 000
Total Current Debt	2 714 000	1 382 000	1 648 000	616 000
Total Equity and Debt	10 691 000	6 583 000	7 445 000	7 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,15 %	−27,94 %	−28,3 %	−5,66 %
Debt-to-Equity Ratio	0,55	1,27	0,97	0,73
Operating Profit Margin	28,56 %	−7,36 %	−38,08 %	−2,49 %
Current Ratio	2,29	0,97	1,45	2,85
Quick Ratio	4,7	1,33	2,02	4,86
Equity Ratio	0,48	0,35	0,39	0,53
Gross Profit Margin	70,95 %	74,19 %	86,07 %	81,59 %