OIL SHIP SERVICES - NORWAY AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

29,4 %

Current Ratio

17,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 795 000	241 000	1 027 000	8 290 000
Net Income	331 000	−62 000	86 000	621 000
Total Assets	1 193 000	782 000	945 000	3 496 000
Total Equity	1 126 000	795 000	857 000	771 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 795 000	241 000	1 027 000	8 290 000
Expenditure	7 292 000	320 000	911 000	7 488 000
Operating Profit	502 000	−80 000	116 000	802 000
Financial Income	14 000	0	0	3 000
Financial Costs	93 000	0	6 000	9 000
Financial Balance	−79 000	0	−6 000	−6 000
Earnings Before Tax	424 000	−80 000	111 000	796 000
Tax	93 000	−17 000	25 000	175 000
Net Income	331 000	−62 000	86 000	621 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	17 000	0	0
Total Current Assets	1 193 000	764 000	945 000	3 496 000
Total Assets	1 193 000	782 000	945 000	3 496 000
Total Retained Equity	1 096 000	765 000	827 000	741 000
Total Equity	1 126 000	795 000	857 000	771 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	67 000	−13 000	88 000	2 725 000
Total Equity and Debt	1 193 000	782 000	945 000	3 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 795 000	241 000	1 027 000	8 290 000
Other Income	0	0	0	0
Revenue	7 795 000	241 000	1 027 000	8 290 000
Cost of Goods Sold	1 581 000	0	26 000	1 870 000
Salary Costs	3 864 000	49 000	787 000	5 259 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 292 000	320 000	911 000	7 488 000
Operating Profit	502 000	−80 000	116 000	802 000
Financial Income	14 000	0	0	3 000
Financial Costs	93 000	0	6 000	9 000
Financial Balance	−79 000	0	−6 000	−6 000
Dividends	0	0	0	200 000
Net Income	331 000	−62 000	86 000	621 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	17 000	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	17 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 193 000	764 000	907 000	1 368 000
Total Current Assets	1 193 000	764 000	945 000	3 496 000
Total Assets	1 193 000	782 000	945 000	3 496 000
Total Equity	1 126 000	795 000	857 000	771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	575 000	−1 000	1 000	124 000
Unpaid Taxes	−611 000	−32 000	47 000	989 000
Dividends	0	0	0	200 000
Other Current Debt	27 000	19 000	16 000	1 237 000
Total Current Debt	67 000	−13 000	88 000	2 725 000
Total Equity and Debt	1 193 000	782 000	945 000	3 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,4 %	−7,8 %	10,04 %	80,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,44 %	−33,2 %	11,3 %	9,67 %
Current Ratio	17,81	−58,77	10,74	1,28
Quick Ratio	17,81	−58,77	10,74	1,28
Equity Ratio	0,94	1,02	0,91	0,22
Gross Profit Margin	79,72 %	100 %	97,47 %	77,44 %