OFFSHORE COMMUNICATION AS

4327 SANDNES

Finances

Return on Equity

47,25 %

Current Ratio

5,17

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 402 000	3 611 000	1 576 000	2 396 000
Net Income	361 000	415 000	210 000	848 000
Total Assets	915 000	956 000	950 000	1 087 000
Total Equity	764 000	715 000	452 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 402 000	3 611 000	1 576 000	2 396 000
Expenditure	1 935 000	3 065 000	1 308 000	1 301 000
Operating Profit	468 000	545 000	268 000	1 095 000
Financial Income	1 000	6 000	7 000	4 000
Financial Costs	6 000	19 000	2 000	6 000
Financial Balance	−5 000	−13 000	5 000	−2 000
Earnings Before Tax	463 000	532 000	273 000	1 093 000
Tax	102 000	117 000	62 000	245 000
Net Income	361 000	415 000	210 000	848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	228 000	259 000	0
Total Current Assets	718 000	728 000	691 000	1 087 000
Total Assets	915 000	956 000	950 000	1 087 000
Total Retained Equity	734 000	685 000	422 000	512 000
Total Equity	764 000	715 000	452 000	542 000
Total Long-Term Debt	11 000	11 000	7 000	0
Total Current Debt	139 000	231 000	490 000	546 000
Total Equity and Debt	915 000	956 000	950 000	1 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 402 000	3 611 000	1 576 000	2 396 000
Other Income	0	0	0	0
Revenue	2 402 000	3 611 000	1 576 000	2 396 000
Cost of Goods Sold	1 441 000	1 863 000	883 000	873 000
Salary Costs	167 000	830 000	126 000	15 000
Depreciation	31 000	31 000	26 000	0
Impairment	0	0	0	0
Expenditure	1 935 000	3 065 000	1 308 000	1 301 000
Operating Profit	468 000	545 000	268 000	1 095 000
Financial Income	1 000	6 000	7 000	4 000
Financial Costs	6 000	19 000	2 000	6 000
Financial Balance	−5 000	−13 000	5 000	−2 000
Dividends	312 000	153 000	300 000	300 000
Net Income	361 000	415 000	210 000	848 000

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	0	0	0	0
Fixtures	161 000	193 000	224 000	0
Total Tangible Assets	161 000	193 000	224 000	0
Total Fiancial Fixed Assets	35 000	35 000	35 000	0
Total Fixed Assets	197 000	228 000	259 000	0
Stock	0	281 000	0	0
Total Investments	0	0	0	0
Cash, Bank	581 000	348 000	342 000	654 000
Total Current Assets	718 000	728 000	691 000	1 087 000
Total Assets	915 000	956 000	950 000	1 087 000
Total Equity	764 000	715 000	452 000	542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	11 000	7 000	0
Creditors	2 000	1 000	74 000	1 000
Unpaid Taxes	21 000	51 000	24 000	0
Dividends	312 000	153 000	300 000	300 000
Other Current Debt	15 000	65 000	337 000	300 000
Total Current Debt	139 000	231 000	490 000	546 000
Total Equity and Debt	915 000	956 000	950 000	1 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,25 %	58,04 %	46,46 %	156,46 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0
Operating Profit Margin	19,48 %	15,09 %	17,01 %	45,7 %
Current Ratio	5,17	3,15	1,41	1,99
Quick Ratio	5,17	−14,56	1,41	1,99
Equity Ratio	0,83	0,75	0,48	0,5
Gross Profit Margin	40,01 %	48,41 %	43,97 %	63,56 %