SOILTECH OFFSHORE SERVICES AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

13,15 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 765 000	49 437 000	28 711 000	25 426 000
Net Income	140 000	140 000	140 000	140 000
Total Assets	16 362 000	18 829 000	8 166 000	9 719 000
Total Equity	1 065 000	1 065 000	925 000	925 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 765 000	49 437 000	28 711 000	25 426 000
Expenditure	66 571 000	49 262 000	28 536 000	25 253 000
Operating Profit	194 000	175 000	176 000	174 000
Financial Income	4 000	5 000	5 000	6 000
Financial Costs	18 000	0	1 000	0
Financial Balance	−14 000	5 000	4 000	6 000
Earnings Before Tax	180 000	180 000	180 000	180 000
Tax	40 000	40 000	40 000	40 000
Net Income	140 000	140 000	140 000	140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	16 362 000	18 829 000	8 166 000	9 719 000
Total Assets	16 362 000	18 829 000	8 166 000	9 719 000
Total Retained Equity	281 000	281 000	140 000	140 000
Total Equity	1 065 000	1 065 000	925 000	925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 297 000	17 764 000	7 241 000	8 794 000
Total Equity and Debt	16 362 000	18 829 000	8 166 000	9 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 765 000	49 437 000	28 711 000	25 426 000
Other Income	0	0	0	0
Revenue	66 765 000	49 437 000	28 711 000	25 426 000
Cost of Goods Sold	3 508 000	770 000	392 000	14 000
Salary Costs	58 033 000	45 408 000	25 949 000	23 304 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	66 571 000	49 262 000	28 536 000	25 253 000
Operating Profit	194 000	175 000	176 000	174 000
Financial Income	4 000	5 000	5 000	6 000
Financial Costs	18 000	0	1 000	0
Financial Balance	−14 000	5 000	4 000	6 000
Dividends	0	0	0	0
Net Income	140 000	140 000	140 000	140 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 519 000	2 695 000	4 742 000	4 913 000
Total Current Assets	16 362 000	18 829 000	8 166 000	9 719 000
Total Assets	16 362 000	18 829 000	8 166 000	9 719 000
Total Equity	1 065 000	1 065 000	925 000	925 000
Short-Term Group Debt	631 000	762 000	762 000	352 000
Total Long-Term Debt	0	0	0	0
Creditors	572 000	1 841 000	376 000	966 000
Unpaid Taxes	6 175 000	6 124 000	2 620 000	3 960 000
Dividends	0	0	0	0
Other Current Debt	7 919 000	8 996 000	3 483 000	3 476 000
Total Current Debt	15 297 000	17 764 000	7 241 000	8 794 000
Total Equity and Debt	16 362 000	18 829 000	8 166 000	9 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,15 %	13,15 %	15,14 %	15,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,29 %	0,35 %	0,61 %	0,68 %
Current Ratio	1,07	1,06	1,13	1,11
Quick Ratio	1,07	1,06	1,13	1,11
Equity Ratio	0,07	0,06	0,11	0,1
Gross Profit Margin	94,75 %	98,44 %	98,63 %	99,94 %