SKIPAVIKA OFFSHORE SERVICE AS

5977 ÅNNELAND

Finances

Share Ownership

Return on Equity

−14,67 %

Current Ratio

2,66

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 254 000	20 767 000	16 118 000	8 583 000
Net Income	−388 000	1 081 000	1 623 000	52 000
Total Assets	9 783 000	8 107 000	5 964 000	4 427 000
Total Equity	2 644 000	2 581 000	1 500 000	371 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 254 000	20 767 000	16 118 000	8 583 000
Expenditure	25 605 000	19 361 000	14 269 000	8 423 000
Operating Profit	−351 000	1 407 000	1 850 000	160 000
Financial Income	14 000	5 000	6 000	2 000
Financial Costs	51 000	42 000	52 000	110 000
Financial Balance	−37 000	−37 000	−46 000	−108 000
Earnings Before Tax	−388 000	1 369 000	1 804 000	52 000
Tax	0	288 000	181 000	0
Net Income	−388 000	1 081 000	1 623 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 171 000	776 000	363 000	152 000
Total Current Assets	8 613 000	7 331 000	5 601 000	4 275 000
Total Assets	9 783 000	8 107 000	5 964 000	4 427 000
Total Retained Equity	1 081 000	1 081 000	0	−4 629 000
Total Equity	2 644 000	2 581 000	1 500 000	371 000
Total Long-Term Debt	3 906 000	1 051 000	1 196 000	1 341 000
Total Current Debt	3 233 000	4 475 000	3 268 000	2 716 000
Total Equity and Debt	9 783 000	8 107 000	5 964 000	4 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 254 000	20 767 000	16 118 000	8 580 000
Other Income	0	0	0	3 000
Revenue	25 254 000	20 767 000	16 118 000	8 583 000
Cost of Goods Sold	13 252 000	8 841 000	5 914 000	2 276 000
Salary Costs	8 633 000	7 910 000	6 698 000	4 611 000
Depreciation	191 000	130 000	101 000	220 000
Impairment	0	0	0	0
Expenditure	25 605 000	19 361 000	14 269 000	8 423 000
Operating Profit	−351 000	1 407 000	1 850 000	160 000
Financial Income	14 000	5 000	6 000	2 000
Financial Costs	51 000	42 000	52 000	110 000
Financial Balance	−37 000	−37 000	−46 000	−108 000
Dividends	0	0	0	0
Net Income	−388 000	1 081 000	1 623 000	52 000

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	933 000	459 000	0	0
Fixtures	0	0	170 000	152 000
Total Tangible Assets	933 000	459 000	170 000	152 000
Total Fiancial Fixed Assets	238 000	317 000	193 000	0
Total Fixed Assets	1 171 000	776 000	363 000	152 000
Stock	187 000	106 000	145 000	30 000
Total Investments	0	0	0	0
Cash, Bank	3 218 000	2 615 000	2 443 000	784 000
Total Current Assets	8 613 000	7 331 000	5 601 000	4 275 000
Total Assets	9 783 000	8 107 000	5 964 000	4 427 000
Total Equity	2 644 000	2 581 000	1 500 000	371 000
Short-Term Group Debt	0	0	633 000	0
Total Long-Term Debt	3 906 000	1 051 000	1 196 000	1 341 000
Creditors	1 204 000	1 872 000	463 000	1 100 000
Unpaid Taxes	525 000	675 000	936 000	583 000
Dividends	0	0	0	0
Other Current Debt	1 505 000	1 639 000	1 193 000	1 033 000
Total Current Debt	3 233 000	4 475 000	3 268 000	2 716 000
Total Equity and Debt	9 783 000	8 107 000	5 964 000	4 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,67 %	41,88 %	108,2 %	14,02 %
Debt-to-Equity Ratio	1,48	0,41	0,8	3,61
Operating Profit Margin	−1,39 %	6,78 %	11,48 %	1,86 %
Current Ratio	2,66	1,64	1,71	1,57
Quick Ratio	2,83	1,68	1,79	1,59
Equity Ratio	0,27	0,32	0,25	0,08
Gross Profit Margin	47,53 %	57,43 %	63,31 %	73,48 %