SAGA OFFSHORE PARTNERS AS

4029 STAVANGER

Finances

Return on Equity

−150,53 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 439 000	7 566 000	11 968 000	2 890 000
Net Income	−2 535 000	62 000	3 248 000	−252 000
Total Assets	2 651 000	5 432 000	7 623 000	1 372 000
Total Equity	1 684 000	4 219 000	4 157 000	909 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 439 000	7 566 000	11 968 000	2 890 000
Expenditure	6 978 000	7 483 000	7 863 000	3 142 000
Operating Profit	−2 539 000	82 000	4 104 000	−252 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	−2 539 000	82 000	4 103 000	−252 000
Tax	−3 000	20 000	855 000	0
Net Income	−2 535 000	62 000	3 248 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	144 000	61 000	43 000	25 000
Total Current Assets	2 507 000	5 371 000	7 580 000	1 347 000
Total Assets	2 651 000	5 432 000	7 623 000	1 372 000
Total Retained Equity	1 566 000	4 101 000	4 039 000	791 000
Total Equity	1 684 000	4 219 000	4 157 000	909 000
Total Long-Term Debt	0	3 000	1 000	0
Total Current Debt	968 000	1 210 000	3 465 000	463 000
Total Equity and Debt	2 651 000	5 432 000	7 623 000	1 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 439 000	7 566 000	11 968 000	2 890 000
Other Income	0	0	0	0
Revenue	4 439 000	7 566 000	11 968 000	2 890 000
Cost of Goods Sold	3 622 000	4 292 000	6 004 000	1 471 000
Salary Costs	1 078 000	1 008 000	1 096 000	833 000
Depreciation	14 000	14 000	0	0
Impairment	0	0	0	0
Expenditure	6 978 000	7 483 000	7 863 000	3 142 000
Operating Profit	−2 539 000	82 000	4 104 000	−252 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−2 535 000	62 000	3 248 000	−252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	14 000	18 000	0
Total Tangible Assets	11 000	14 000	18 000	0
Total Fiancial Fixed Assets	123 000	25 000	25 000	25 000
Total Fixed Assets	144 000	61 000	43 000	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 730 000	4 473 000	3 854 000	1 288 000
Total Current Assets	2 507 000	5 371 000	7 580 000	1 347 000
Total Assets	2 651 000	5 432 000	7 623 000	1 372 000
Total Equity	1 684 000	4 219 000	4 157 000	909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	1 000	0
Creditors	715 000	999 000	1 935 000	13 000
Unpaid Taxes	70 000	70 000	437 000	350 000
Dividends	0	0	0	0
Other Current Debt	182 000	124 000	239 000	101 000
Total Current Debt	968 000	1 210 000	3 465 000	463 000
Total Equity and Debt	2 651 000	5 432 000	7 623 000	1 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150,53 %	1,47 %	78,13 %	−27,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−57,2 %	1,08 %	34,29 %	−8,72 %
Current Ratio	2,59	4,44	2,19	2,91
Quick Ratio	2,59	4,44	2,19	2,91
Equity Ratio	0,64	0,78	0,55	0,66
Gross Profit Margin	18,41 %	43,27 %	49,83 %	49,1 %