SHIP & OFFSHORE ADVICE AS

5460 HUSNES

Finances

Return on Equity

20,83 %

Current Ratio

16,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	76 000	404 000	808 000
Net Income	70 000	57 000	101 000	−154 000
Total Assets	359 000	318 000	270 000	311 000
Total Equity	336 000	295 000	238 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	76 000	404 000	808 000
Expenditure	14 000	20 000	297 000	705 000
Operating Profit	−4 000	57 000	108 000	103 000
Financial Income	80 000	0	−3 000	0
Financial Costs	6 000	0	4 000	257 000
Financial Balance	74 000	0	−7 000	−257 000
Earnings Before Tax	70 000	57 000	101 000	−154 000
Tax	0	0	0	0
Net Income	70 000	57 000	101 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	6 000
Total Current Assets	359 000	318 000	269 000	306 000
Total Assets	359 000	318 000	270 000	311 000
Total Retained Equity	306 000	265 000	208 000	107 000
Total Equity	336 000	295 000	238 000	137 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	24 000	32 000	174 000
Total Equity and Debt	359 000	318 000	270 000	311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 000	76 000	404 000	808 000
Other Income	0	0	0	0
Revenue	11 000	76 000	404 000	808 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	201 000	487 000
Depreciation	0	0	6 000	11 000
Impairment	0	0	0	0
Expenditure	14 000	20 000	297 000	705 000
Operating Profit	−4 000	57 000	108 000	103 000
Financial Income	80 000	0	−3 000	0
Financial Costs	6 000	0	4 000	257 000
Financial Balance	74 000	0	−7 000	−257 000
Dividends	0	0	0	0
Net Income	70 000	57 000	101 000	−154 000

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	6 000
Total Tangible Assets	0	0	0	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	6 000
Stock	0	0	0	0
Total Investments	324 000	250 000	200 000	203 000
Cash, Bank	20 000	39 000	26 000	96 000
Total Current Assets	359 000	318 000	269 000	306 000
Total Assets	359 000	318 000	270 000	311 000
Total Equity	336 000	295 000	238 000	137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	10 000	4 000
Unpaid Taxes	2 000	4 000	2 000	124 000
Dividends	0	0	0	0
Other Current Debt	19 000	19 000	19 000	46 000
Total Current Debt	22 000	24 000	32 000	174 000
Total Equity and Debt	359 000	318 000	270 000	311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,83 %	19,32 %	42,44 %	−112,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−36,36 %	75 %	26,73 %	12,75 %
Current Ratio	16,32	13,25	8,41	1,76
Quick Ratio	16,32	13,25	8,41	1,76
Equity Ratio	0,94	0,93	0,88	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %