ODFJELL WELL SERVICES AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

77,35 %

Current Ratio

0,97

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 495 000	63 120 000	51 550 000	55 168 000
Net Income	379 000	−1 071 000	1 425 000	1 003 000
Total Assets	53 879 000	19 275 000	15 805 000	13 511 000
Total Equity	490 000	828 000	1 693 000	1 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 495 000	63 120 000	51 550 000	55 168 000
Expenditure	70 718 000	64 015 000	50 062 000	53 604 000
Operating Profit	1 777 000	−895 000	1 489 000	1 564 000
Financial Income	18 000	1 000	135 000	17 000
Financial Costs	1 161 000	177 000	−218 000	256 000
Financial Balance	−1 143 000	−176 000	353 000	−239 000
Earnings Before Tax	635 000	−1 071 000	1 842 000	1 325 000
Tax	256 000	0	418 000	322 000
Net Income	379 000	−1 071 000	1 425 000	1 003 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 562 000	2 786 000	2 577 000	2 835 000
Total Current Assets	51 318 000	16 489 000	13 228 000	10 676 000
Total Assets	53 879 000	19 275 000	15 805 000	13 511 000
Total Retained Equity	48 000	750 000	1 615 000	1 872 000
Total Equity	490 000	828 000	1 693 000	1 950 000
Total Long-Term Debt	564 000	613 000	567 000	624 000
Total Current Debt	52 826 000	17 834 000	13 545 000	10 937 000
Total Equity and Debt	53 879 000	19 275 000	15 805 000	13 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 495 000	63 120 000	51 550 000	55 168 000
Other Income	0	0	0	0
Revenue	72 495 000	63 120 000	51 550 000	55 168 000
Cost of Goods Sold	0	0	0	0
Salary Costs	66 990 000	60 841 000	46 549 000	47 518 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	70 718 000	64 015 000	50 062 000	53 604 000
Operating Profit	1 777 000	−895 000	1 489 000	1 564 000
Financial Income	18 000	1 000	135 000	17 000
Financial Costs	1 161 000	177 000	−218 000	256 000
Financial Balance	−1 143 000	−176 000	353 000	−239 000
Dividends	0	0	0	0
Net Income	379 000	−1 071 000	1 425 000	1 003 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 562 000	2 786 000	2 577 000	2 835 000
Total Fixed Assets	2 562 000	2 786 000	2 577 000	2 835 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 139 000	1 778 000	1 698 000	1 430 000
Total Current Assets	51 318 000	16 489 000	13 228 000	10 676 000
Total Assets	53 879 000	19 275 000	15 805 000	13 511 000
Total Equity	490 000	828 000	1 693 000	1 950 000
Short-Term Group Debt	35 893 000	54 000	4 587 000	2 112 000
Total Long-Term Debt	564 000	613 000	567 000	624 000
Creditors	1 312 000	405 000	642 000	390 000
Unpaid Taxes	4 303 000	3 432 000	3 340 000	2 980 000
Dividends	0	0	0	0
Other Current Debt	11 318 000	13 503 000	4 978 000	5 455 000
Total Current Debt	52 826 000	17 834 000	13 545 000	10 937 000
Total Equity and Debt	53 879 000	19 275 000	15 805 000	13 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,35 %	−129,35 %	84,17 %	51,44 %
Debt-to-Equity Ratio	1,15	0,74	0,33	0,32
Operating Profit Margin	2,45 %	−1,42 %	2,89 %	2,83 %
Current Ratio	0,97	0,92	0,98	0,98
Quick Ratio	0,97	0,92	0,98	0,98
Equity Ratio	0,01	0,04	0,11	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %