HOYLAND OFFSHORE AS

5379 STEINSLAND

Finances

Return on Equity

11,3 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 688 000	34 099 000	11 532 000	12 810 000
Net Income	2 344 000	109 000	−1 563 000	−3 961 000
Total Assets	50 841 000	48 714 000	39 229 000	41 392 000
Total Equity	20 745 000	18 401 000	−1 708 000	−145 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 688 000	34 099 000	11 532 000	12 810 000
Expenditure	26 589 000	34 313 000	12 772 000	16 865 000
Operating Profit	1 098 000	−214 000	−1 241 000	−4 055 000
Financial Income	1 888 000	1 302 000	74 000	186 000
Financial Costs	643 000	979 000	397 000	92 000
Financial Balance	1 245 000	323 000	−323 000	94 000
Earnings Before Tax	2 344 000	109 000	−1 563 000	−3 961 000
Tax	0	0	0	0
Net Income	2 344 000	109 000	−1 563 000	−3 961 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 820 000	34 045 000	31 631 000	33 759 000
Total Current Assets	16 021 000	14 669 000	7 598 000	7 633 000
Total Assets	50 841 000	48 714 000	39 229 000	41 392 000
Total Retained Equity	0	−13 129 000	−13 238 000	−11 675 000
Total Equity	20 745 000	18 401 000	−1 708 000	−145 000
Total Long-Term Debt	16 569 000	16 569 000	68 468 000	33 170 000
Total Current Debt	13 527 000	13 744 000	6 703 000	8 367 000
Total Equity and Debt	50 841 000	48 714 000	39 229 000	41 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 577 000	34 035 000	11 237 000	12 623 000
Other Income	111 000	64 000	295 000	186 000
Revenue	27 688 000	34 099 000	11 532 000	12 810 000
Cost of Goods Sold	11 292 000	20 974 000	38 000	1 782 000
Salary Costs	6 280 000	5 759 000	4 660 000	6 632 000
Depreciation	1 688 000	1 884 000	1 900 000	1 907 000
Impairment	0	0	0	0
Expenditure	26 589 000	34 313 000	12 772 000	16 865 000
Operating Profit	1 098 000	−214 000	−1 241 000	−4 055 000
Financial Income	1 888 000	1 302 000	74 000	186 000
Financial Costs	643 000	979 000	397 000	92 000
Financial Balance	1 245 000	323 000	−323 000	94 000
Dividends	0	0	0	0
Net Income	2 344 000	109 000	−1 563 000	−3 961 000

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	1 992 000	3 655 000	5 369 000	6 967 000
Fixtures	61 000	217 000	433 000	987 000
Total Tangible Assets	2 053 000	3 872 000	5 802 000	7 954 000
Total Fiancial Fixed Assets	32 767 000	30 173 000	25 829 000	25 805 000
Total Fixed Assets	34 820 000	34 045 000	31 631 000	33 759 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 089 000	4 798 000	3 603 000	4 993 000
Total Current Assets	16 021 000	14 669 000	7 598 000	7 633 000
Total Assets	50 841 000	48 714 000	39 229 000	41 392 000
Total Equity	20 745 000	18 401 000	−1 708 000	−145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 569 000	16 569 000	68 468 000	33 170 000
Creditors	11 094 000	8 601 000	2 835 000	3 301 000
Unpaid Taxes	649 000	558 000	326 000	585 000
Dividends	0	0	0	0
Other Current Debt	1 784 000	4 585 000	3 543 000	4 481 000
Total Current Debt	13 527 000	13 744 000	6 703 000	8 367 000
Total Equity and Debt	50 841 000	48 714 000	39 229 000	41 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,3 %	0,59 %	91,51 %	2 731,72 %
Debt-to-Equity Ratio	0,8	0,9	−40,09	−228,76
Operating Profit Margin	3,97 %	−0,63 %	−10,76 %	−31,65 %
Current Ratio	1,18	1,07	1,13	0,91
Quick Ratio	1,18	1,07	1,13	0,91
Equity Ratio	0,41	0,38	−0,04	−0
Gross Profit Margin	59,22 %	38,49 %	99,67 %	86,09 %