SONGA OFFSHORE RIG 3 AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−10,05 %

Current Ratio

0,21

Debt-to-Equity Ratio

−0,07

Key figures (USD)	2022	2021	2020	2019
Revenue	327 990 000	320 232 000	319 498 000	323 497 000
Net Income	29 514 000	−97 059 000	−206 513 000	−30 898 000
Total Assets	196 914 000	284 537 000	456 715 000	835 515 000
Total Equity	−293 557 000	−323 071 000	−226 012 000	−19 499 000

Income (USD)	2022	2021	2020	2019
Revenue	327 990 000	320 232 000	319 498 000	323 497 000
Expenditure	273 588 000	374 449 000	484 129 000	304 011 000
Operating Profit	54 402 000	−54 217 000	−164 631 000	19 486 000
Financial Income	187 000	9 000	2 339 000	10 043 000
Financial Costs	19 520 000	26 806 000	33 015 000	50 389 000
Financial Balance	−19 333 000	−26 797 000	−30 676 000	−40 346 000
Earnings Before Tax	35 069 000	−81 014 000	−195 307 000	−20 860 000
Tax	5 555 000	16 045 000	11 206 000	10 038 000
Net Income	29 514 000	−97 059 000	−206 513 000	−30 898 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	100 792 000	200 030 000	378 161 000	690 791 000
Total Current Assets	96 122 000	84 507 000	78 554 000	144 724 000
Total Assets	196 914 000	284 537 000	456 715 000	835 515 000
Total Retained Equity	−369 081 000	−398 595 000	−301 536 000	−95 023 000
Total Equity	−293 557 000	−323 071 000	−226 012 000	−19 499 000
Total Long-Term Debt	21 942 000	182 960 000	346 697 000	504 146 000
Total Current Debt	468 529 000	424 648 000	336 030 000	350 868 000
Total Equity and Debt	196 914 000	284 537 000	456 715 000	835 515 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	327 990 000	320 232 000	319 498 000	323 497 000
Other Income	0	0	0	0
Revenue	327 990 000	320 232 000	319 498 000	323 497 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	84 099 000	156 331 000	145 555 000	0
Impairment	0	0	157 591 000	0
Expenditure	273 588 000	374 449 000	484 129 000	304 011 000
Operating Profit	54 402 000	−54 217 000	−164 631 000	19 486 000
Financial Income	187 000	9 000	2 339 000	10 043 000
Financial Costs	19 520 000	26 806 000	33 015 000	50 389 000
Financial Balance	−19 333 000	−26 797 000	−30 676 000	−40 346 000
Dividends	0	0	0	0
Net Income	29 514 000	−97 059 000	−206 513 000	−30 898 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	661 490 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	99 562 000	189 698 000	0	29 301 000
Total Fiancial Fixed Assets	1 230 000	10 332 000	378 161 000	0
Total Fixed Assets	100 792 000	200 030 000	378 161 000	690 791 000
Stock	17 976 000	18 733 000	17 553 000	14 862 000
Total Investments	0	0	0	0
Cash, Bank	25 144 000	15 560 000	26 794 000	12 679 000
Total Current Assets	96 122 000	84 507 000	78 554 000	144 724 000
Total Assets	196 914 000	284 537 000	456 715 000	835 515 000
Total Equity	−293 557 000	−323 071 000	−226 012 000	−19 499 000
Short-Term Group Debt	231 269 000	196 485 000	130 012 000	159 842 000
Total Long-Term Debt	21 942 000	182 960 000	346 697 000	504 146 000
Creditors	4 600 000	1 205 000	1 357 000	1 322 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	171 938 000	169 314 000	163 062 000	159 311 000
Total Current Debt	468 529 000	424 648 000	336 030 000	350 868 000
Total Equity and Debt	196 914 000	284 537 000	456 715 000	835 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,05 %	30,04 %	91,37 %	158,46 %
Debt-to-Equity Ratio	−0,07	−0,57	−1,53	−25,85
Operating Profit Margin	16,59 %	−16,93 %	−51,53 %	6,02 %
Current Ratio	0,21	0,2	0,23	0,41
Quick Ratio	0,21	0,21	0,25	0,43
Equity Ratio	−1,49	−1,14	−0,49	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %