MARITIME DRILLING SYSTEMS AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

59,14 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 526 000	8 893 000	14 961 000	10 884 000
Net Income	495 000	368 000	1 084 000	−1 184 000
Total Assets	3 498 000	3 690 000	3 677 000	3 253 000
Total Equity	837 000	−852 000	−1 352 000	−3 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 526 000	8 893 000	14 961 000	10 884 000
Expenditure	5 647 000	8 263 000	13 972 000	11 715 000
Operating Profit	739 000	599 000	990 000	−832 000
Financial Income	33 000	21 000	102 000	44 000
Financial Costs	79 000	75 000	468 000	396 000
Financial Balance	−46 000	−54 000	−366 000	−352 000
Earnings Before Tax	693 000	545 000	624 000	−1 184 000
Tax	198 000	177 000	−460 000	0
Net Income	495 000	368 000	1 084 000	−1 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	127 000	323 000	468 000	90 000
Total Current Assets	3 372 000	3 366 000	3 209 000	3 163 000
Total Assets	3 498 000	3 690 000	3 677 000	3 253 000
Total Retained Equity	−463 000	−1 143 000	−1 643 000	−4 214 000
Total Equity	837 000	−852 000	−1 352 000	−3 922 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 661 000	4 541 000	5 029 000	7 175 000
Total Equity and Debt	3 498 000	3 690 000	3 677 000	3 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 526 000	8 893 000	14 961 000	10 884 000
Other Income	0	0	0	0
Revenue	6 526 000	8 893 000	14 961 000	10 884 000
Cost of Goods Sold	2 893 000	4 855 000	9 097 000	6 948 000
Salary Costs	2 069 000	2 675 000	3 640 000	3 738 000
Depreciation	17 000	10 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	5 647 000	8 263 000	13 972 000	11 715 000
Operating Profit	739 000	599 000	990 000	−832 000
Financial Income	33 000	21 000	102 000	44 000
Financial Costs	79 000	75 000	468 000	396 000
Financial Balance	−46 000	−54 000	−366 000	−352 000
Dividends	0	0	0	0
Net Income	495 000	368 000	1 084 000	−1 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	283 000	460 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	40 000	8 000	14 000
Total Tangible Assets	42 000	40 000	8 000	14 000
Total Fiancial Fixed Assets	0	0	0	76 000
Total Fixed Assets	127 000	323 000	468 000	90 000
Stock	0	263 000	30 000	30 000
Total Investments	0	0	0	0
Cash, Bank	0	78 000	155 000	101 000
Total Current Assets	3 372 000	3 366 000	3 209 000	3 163 000
Total Assets	3 498 000	3 690 000	3 677 000	3 253 000
Total Equity	837 000	−852 000	−1 352 000	−3 922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	467 000	1 704 000	2 857 000	5 514 000
Unpaid Taxes	519 000	242 000	310 000	819 000
Dividends	0	0	0	0
Other Current Debt	1 164 000	2 484 000	1 437 000	428 000
Total Current Debt	2 661 000	4 541 000	5 029 000	7 175 000
Total Equity and Debt	3 498 000	3 690 000	3 677 000	3 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,14 %	−43,19 %	−80,18 %	30,19 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	11,32 %	6,74 %	6,62 %	−7,64 %
Current Ratio	1,27	0,74	0,64	0,44
Quick Ratio	1,27	0,79	0,64	0,44
Equity Ratio	0,24	−0,23	−0,37	−1,21
Gross Profit Margin	55,67 %	45,41 %	39,2 %	36,16 %