PROSAFE RIGS PTE LTD

4031 STAVANGER

Finances

Share Ownership

Return on Equity

3,44 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	58 762 000	39 618 000	24 757 000	107 762 000
Net Income	10 266 000	−24 040 000	−690 137 000	−195 377 000
Total Assets	312 781 000	310 021 000	361 882 000	1 007 402 000
Total Equity	298 496 000	258 230 000	282 270 000	972 407 000

Income (USD)	2022	2021	2020	2019
Revenue	58 762 000	39 618 000	24 757 000	107 762 000
Expenditure	48 487 000	60 473 000	703 455 000	310 991 000
Operating Profit	10 276 000	−20 856 000	−678 699 000	−203 229 000
Financial Income	5 151 000	605 000	4 562 000	9 125 000
Financial Costs	36 000	2 750 000	15 988 000	1 545 000
Financial Balance	5 115 000	−2 145 000	−11 426 000	7 580 000
Earnings Before Tax	15 391 000	−23 001 000	−690 125 000	−195 650 000
Tax	5 125 000	1 039 000	12 000	−273 000
Net Income	10 266 000	−24 040 000	−690 137 000	−195 377 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	277 536 000	291 319 000	300 937 000	923 999 000
Total Current Assets	35 245 000	18 702 000	60 944 000	83 403 000
Total Assets	312 781 000	310 021 000	361 882 000	1 007 402 000
Total Retained Equity	−2 522 544 000	−900 978 000	−876 938 000	−186 801 000
Total Equity	298 496 000	258 230 000	282 270 000	972 407 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 285 000	51 790 000	79 612 000	34 995 000
Total Equity and Debt	312 781 000	310 021 000	361 882 000	1 007 402 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	58 762 000	39 612 000	24 980 000	107 743 000
Other Income	0	5 000	−224 000	19 000
Revenue	58 762 000	39 618 000	24 757 000	107 762 000
Cost of Goods Sold	26 583 000	36 634 000	32 326 000	14 663 000
Salary Costs	0	0	0	0
Depreciation	21 774 000	24 397 000	34 832 000	73 132 000
Impairment	0	0	633 838 000	222 354 000
Expenditure	48 487 000	60 473 000	703 455 000	310 991 000
Operating Profit	10 276 000	−20 856 000	−678 699 000	−203 229 000
Financial Income	5 151 000	605 000	4 562 000	9 125 000
Financial Costs	36 000	2 750 000	15 988 000	1 545 000
Financial Balance	5 115 000	−2 145 000	−11 426 000	7 580 000
Dividends	0	0	0	0
Net Income	10 266 000	−24 040 000	−690 137 000	−195 377 000

Balance details (USD)	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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	274 341 000	288 124 000	297 741 000	923 645 000
Total Fiancial Fixed Assets	3 195 000	3 195 000	3 196 000	355 000
Total Fixed Assets	277 536 000	291 319 000	300 937 000	923 999 000
Stock	1 848 000	696 000	626 000	996 000
Total Investments	0	0	0	0
Cash, Bank	24 140 000	11 586 000	32 587 000	54 137 000
Total Current Assets	35 245 000	18 702 000	60 944 000	83 403 000
Total Assets	312 781 000	310 021 000	361 882 000	1 007 402 000
Total Equity	298 496 000	258 230 000	282 270 000	972 407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 008 000	45 995 000	2 603 000	8 448 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 277 000	4 745 000	76 997 000	26 546 000
Total Current Debt	14 285 000	51 790 000	79 612 000	34 995 000
Total Equity and Debt	312 781 000	310 021 000	361 882 000	1 007 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,44 %	−9,31 %	−244,5 %	−20,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,49 %	−52,64 %	−2 741,44 %	−188,59 %
Current Ratio	2,47	0,36	0,77	2,38
Quick Ratio	2,83	0,37	0,77	2,45
Equity Ratio	0,95	0,83	0,78	0,97
Gross Profit Margin	54,76 %	7,53 %	−30,57 %	86,39 %