MULTIWORK OFFSHORE AS

5308 KLEPPESTØ

Finances

Return on Equity

−98,84 %

Current Ratio

2,85

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 588 000	3 511 000	2 429 000	2 640 000
Net Income	−342 000	47 000	143 000	−12 000
Total Assets	486 000	1 380 000	1 128 000	947 000
Total Equity	346 000	688 000	641 000	498 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 588 000	3 511 000	2 429 000	2 640 000
Expenditure	1 859 000	3 441 000	2 245 000	2 654 000
Operating Profit	−270 000	70 000	183 000	−14 000
Financial Income	5 000	1 000	0	4 000
Financial Costs	76 000	10 000	16 000	3 000
Financial Balance	−71 000	−9 000	−16 000	1 000
Earnings Before Tax	−342 000	60 000	167 000	−12 000
Tax	0	13 000	24 000	0
Net Income	−342 000	47 000	143 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	701 000	190 000	239 000
Total Current Assets	419 000	680 000	938 000	709 000
Total Assets	486 000	1 380 000	1 128 000	947 000
Total Retained Equity	316 000	0	0	0
Total Equity	346 000	688 000	641 000	498 000
Total Long-Term Debt	−7 000	422 000	0	0
Total Current Debt	147 000	270 000	487 000	449 000
Total Equity and Debt	486 000	1 380 000	1 128 000	947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 588 000	3 511 000	2 389 000	2 640 000
Other Income	1 000	0	39 000	0
Revenue	1 588 000	3 511 000	2 429 000	2 640 000
Cost of Goods Sold	930 000	131 000	13 000	216 000
Salary Costs	196 000	831 000	795 000	934 000
Depreciation	324 000	0	64 000	0
Impairment	31 000	0	0	0
Expenditure	1 859 000	3 441 000	2 245 000	2 654 000
Operating Profit	−270 000	70 000	183 000	−14 000
Financial Income	5 000	1 000	0	4 000
Financial Costs	76 000	10 000	16 000	3 000
Financial Balance	−71 000	−9 000	−16 000	1 000
Dividends	0	0	0	0
Net Income	−342 000	47 000	143 000	−12 000

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	536 000	0	0
Fixtures	47 000	0	0	0
Total Tangible Assets	47 000	536 000	0	0
Total Fiancial Fixed Assets	20 000	165 000	190 000	239 000
Total Fixed Assets	67 000	701 000	190 000	239 000
Stock	7 000	9 000	0	0
Total Investments	0	0	0	0
Cash, Bank	420 000	633 000	648 000	514 000
Total Current Assets	419 000	680 000	938 000	709 000
Total Assets	486 000	1 380 000	1 128 000	947 000
Total Equity	346 000	688 000	641 000	498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−7 000	422 000	0	0
Creditors	67 000	119 000	221 000	273 000
Unpaid Taxes	37 000	58 000	156 000	80 000
Dividends	0	0	0	0
Other Current Debt	43 000	78 000	72 000	84 000
Total Current Debt	147 000	270 000	487 000	449 000
Total Equity and Debt	486 000	1 380 000	1 128 000	947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,84 %	6,83 %	22,31 %	−2,41 %
Debt-to-Equity Ratio	−0,02	0,61	0	0
Operating Profit Margin	−17 %	1,99 %	7,53 %	−0,53 %
Current Ratio	2,85	2,52	1,93	1,58
Quick Ratio	2,99	2,61	1,93	1,58
Equity Ratio	0,71	0,5	0,57	0,53
Gross Profit Margin	41,44 %	96,27 %	99,46 %	91,82 %