JK OFFSHORE AS

7043 TRONDHEIM

Finances

Share Ownership

Return on Equity

−9,3 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	454 000	1 189 000	0
Net Income	−8 000	333 000	875 000	−185 000
Total Assets	1 403 000	1 502 000	2 712 000	2 793 000
Total Equity	86 000	94 000	405 000	1 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	454 000	1 189 000	0
Expenditure	18 000	37 000	100 000	247 000
Operating Profit	−18 000	417 000	1 088 000	−248 000
Financial Income	8 000	12 000	17 000	28 000
Financial Costs	0	1 000	0	0
Financial Balance	8 000	11 000	17 000	28 000
Earnings Before Tax	−10 000	427 000	1 104 000	−220 000
Tax	−2 000	94 000	230 000	−35 000
Net Income	−8 000	333 000	875 000	−185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	15 000	23 000	301 000
Total Current Assets	1 396 000	1 487 000	2 689 000	2 493 000
Total Assets	1 403 000	1 502 000	2 712 000	2 793 000
Total Retained Equity	64 000	72 000	383 000	1 448 000
Total Equity	86 000	94 000	405 000	1 470 000
Total Long-Term Debt	17 000	21 000	29 000	0
Total Current Debt	1 299 000	1 386 000	2 278 000	1 323 000
Total Equity and Debt	1 403 000	1 502 000	2 712 000	2 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	454 000	1 127 000	0
Other Income	0	0	61 000	0
Revenue	0	454 000	1 189 000	0
Cost of Goods Sold	0	0	15 000	0
Salary Costs	0	0	1 000	125 000
Depreciation	8 000	8 000	38 000	72 000
Impairment	0	0	0	0
Expenditure	18 000	37 000	100 000	247 000
Operating Profit	−18 000	417 000	1 088 000	−248 000
Financial Income	8 000	12 000	17 000	28 000
Financial Costs	0	1 000	0	0
Financial Balance	8 000	11 000	17 000	28 000
Dividends	0	600 000	1 600 000	0
Net Income	−8 000	333 000	875 000	−185 000

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	6 000	15 000	23 000	301 000
Total Tangible Assets	6 000	15 000	23 000	301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	15 000	23 000	301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	780 000	882 000	1 100 000	1 887 000
Total Current Assets	1 396 000	1 487 000	2 689 000	2 493 000
Total Assets	1 403 000	1 502 000	2 712 000	2 793 000
Total Equity	86 000	94 000	405 000	1 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	21 000	29 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	101 000	8 000
Dividends	0	600 000	1 600 000	0
Other Current Debt	1 297 000	697 000	472 000	1 316 000
Total Current Debt	1 299 000	1 386 000	2 278 000	1 323 000
Total Equity and Debt	1 403 000	1 502 000	2 712 000	2 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,3 %	354,26 %	216,05 %	−12,59 %
Debt-to-Equity Ratio	0,2	0,22	0,07	0
Operating Profit Margin	-	91,85 %	91,51 %	-
Current Ratio	1,07	1,07	1,18	1,88
Quick Ratio	1,07	1,07	1,18	1,88
Equity Ratio	0,06	0,06	0,15	0,53
Gross Profit Margin	-	100 %	98,74 %	-