1OFFSHORE AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

36,42 %

Current Ratio

1,63

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 181 000	2 789 000	3 855 000	5 289 000
Net Income	−271 000	−69 000	565 000	796 000
Total Assets	963 000	1 169 000	1 276 000	944 000
Total Equity	−744 000	−474 000	−405 000	−970 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 181 000	2 789 000	3 855 000	5 289 000
Expenditure	3 451 000	2 855 000	3 287 000	4 484 000
Operating Profit	−271 000	−66 000	567 000	804 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	3 000	9 000
Financial Balance	0	−2 000	−2 000	−8 000
Earnings Before Tax	−271 000	−69 000	565 000	796 000
Tax	0	0	0	0
Net Income	−271 000	−69 000	565 000	796 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	16 000	25 000	14 000
Total Current Assets	956 000	1 153 000	1 251 000	931 000
Total Assets	963 000	1 169 000	1 276 000	944 000
Total Retained Equity	−804 000	−534 000	−465 000	−1 030 000
Total Equity	−744 000	−474 000	−405 000	−970 000
Total Long-Term Debt	1 120 000	1 120 000	1 120 000	1 120 000
Total Current Debt	587 000	523 000	561 000	794 000
Total Equity and Debt	963 000	1 169 000	1 276 000	944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 181 000	2 789 000	3 855 000	5 289 000
Other Income	0	0	0	0
Revenue	3 181 000	2 789 000	3 855 000	5 289 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 361 000	1 821 000	2 220 000	3 299 000
Depreciation	9 000	9 000	14 000	27 000
Impairment	0	0	0	0
Expenditure	3 451 000	2 855 000	3 287 000	4 484 000
Operating Profit	−271 000	−66 000	567 000	804 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	2 000	3 000	9 000
Financial Balance	0	−2 000	−2 000	−8 000
Dividends	0	0	0	0
Net Income	−271 000	−69 000	565 000	796 000

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	7 000	16 000	25 000	14 000
Total Tangible Assets	7 000	16 000	25 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	16 000	25 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	660 000	465 000	266 000	97 000
Total Current Assets	956 000	1 153 000	1 251 000	931 000
Total Assets	963 000	1 169 000	1 276 000	944 000
Total Equity	−744 000	−474 000	−405 000	−970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 120 000	1 120 000	1 120 000	1 120 000
Creditors	73 000	146 000	138 000	134 000
Unpaid Taxes	240 000	182 000	134 000	200 000
Dividends	0	0	0	0
Other Current Debt	274 000	195 000	290 000	406 000
Total Current Debt	587 000	523 000	561 000	794 000
Total Equity and Debt	963 000	1 169 000	1 276 000	944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,42 %	14,56 %	−139,51 %	−82,06 %
Debt-to-Equity Ratio	−1,51	−2,36	−2,77	−1,15
Operating Profit Margin	−8,52 %	−2,37 %	14,71 %	15,2 %
Current Ratio	1,63	2,2	2,23	1,17
Quick Ratio	1,63	2,2	2,23	1,17
Equity Ratio	−0,77	−0,41	−0,32	−1,03
Gross Profit Margin	100 %	100 %	100 %	100 %