NORTH SEA INFRASTRUCTURE AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

4,21 %

Current Ratio

0,36

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	722 017 000	770 888 000	632 383 000	334 382 000
Net Income	17 866 000	25 709 000	−2 286 000	16 801 000
Total Assets	2 010 094 000	2 190 266 000	2 210 149 000	1 596 615 000
Total Equity	424 285 000	406 419 000	380 709 000	271 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	722 017 000	770 888 000	632 383 000	334 382 000
Expenditure	307 957 000	334 209 000	246 419 000	142 612 000
Operating Profit	414 060 000	436 680 000	385 964 000	191 769 000
Financial Income	38 982 000	36 562 000	14 515 000	2 176 000
Financial Costs	59 381 000	61 978 000	70 912 000	28 651 000
Financial Balance	−20 399 000	−25 416 000	−56 397 000	−26 475 000
Earnings Before Tax	393 661 000	411 264 000	329 568 000	165 294 000
Tax	375 795 000	385 554 000	331 853 000	148 493 000
Net Income	17 866 000	25 709 000	−2 286 000	16 801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 933 815 000	2 073 367 000	2 104 227 000	1 491 940 000
Total Current Assets	76 279 000	116 899 000	105 922 000	104 674 000
Total Assets	2 010 094 000	2 190 266 000	2 210 149 000	1 596 615 000
Total Retained Equity	58 091 000	40 225 000	14 516 000	16 801 000
Total Equity	424 285 000	406 419 000	380 709 000	271 785 000
Total Long-Term Debt	1 373 916 000	1 578 896 000	1 679 803 000	1 237 967 000
Total Current Debt	211 893 000	204 951 000	149 636 000	86 862 000
Total Equity and Debt	2 010 094 000	2 190 266 000	2 210 149 000	1 596 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	722 017 000	770 888 000	632 386 000	334 360 000
Other Income	0	0	−3 000	22 000
Revenue	722 017 000	770 888 000	632 383 000	334 382 000
Cost of Goods Sold	224 428 000	253 216 000	168 061 000	102 832 000
Salary Costs	4 725 000	4 701 000	4 682 000	4 689 000
Depreciation	68 524 000	66 779 000	65 171 000	24 460 000
Impairment	0	0	0	0
Expenditure	307 957 000	334 209 000	246 419 000	142 612 000
Operating Profit	414 060 000	436 680 000	385 964 000	191 769 000
Financial Income	38 982 000	36 562 000	14 515 000	2 176 000
Financial Costs	59 381 000	61 978 000	70 912 000	28 651 000
Financial Balance	−20 399 000	−25 416 000	−56 397 000	−26 475 000
Dividends	0	0	0	0
Net Income	17 866 000	25 709 000	−2 286 000	16 801 000

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	1 316 217 000	1 346 556 000	1 374 331 000	1 406 541 000
Fixtures	0	0	0	0
Total Tangible Assets	1 316 217 000	1 346 556 000	1 374 331 000	1 406 541 000
Total Fiancial Fixed Assets	617 598 000	726 811 000	729 896 000	85 399 000
Total Fixed Assets	1 933 815 000	2 073 367 000	2 104 227 000	1 491 940 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 622 000	31 852 000	11 128 000	5 342 000
Total Current Assets	76 279 000	116 899 000	105 922 000	104 674 000
Total Assets	2 010 094 000	2 190 266 000	2 210 149 000	1 596 615 000
Total Equity	424 285 000	406 419 000	380 709 000	271 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 373 916 000	1 578 896 000	1 679 803 000	1 237 967 000
Creditors	0	323 000	88 651 000	383 000
Unpaid Taxes	306 000	240 000	340 000	336 000
Dividends	0	0	0	0
Other Current Debt	27 821 000	22 049 000	60 646 000	3 301 000
Total Current Debt	211 893 000	204 951 000	149 636 000	86 862 000
Total Equity and Debt	2 010 094 000	2 190 266 000	2 210 149 000	1 596 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,21 %	6,33 %	−0,6 %	6,18 %
Debt-to-Equity Ratio	3,24	3,88	4,41	4,55
Operating Profit Margin	57,35 %	56,65 %	61,03 %	57,35 %
Current Ratio	0,36	0,57	0,71	1,21
Quick Ratio	0,36	0,57	0,71	1,21
Equity Ratio	0,21	0,19	0,17	0,17
Gross Profit Margin	68,92 %	67,15 %	73,42 %	69,25 %