DOLPHIN DRILLING OPERATIONS AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

13,52 %

Current Ratio

2,65

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 217 000	221 944 000	132 827 000	153 274 000
Net Income	3 152 000	6 465 000	2 871 000	3 884 000
Total Assets	39 956 000	63 629 000	34 685 000	33 042 000
Total Equity	23 319 000	22 688 000	17 665 000	13 757 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 217 000	221 944 000	132 827 000	153 274 000
Expenditure	108 245 000	213 692 000	128 928 000	148 462 000
Operating Profit	3 973 000	8 252 000	3 898 000	4 812 000
Financial Income	76 000	152 000	102 000	168 000
Financial Costs	8 000	115 000	319 000	0
Financial Balance	68 000	37 000	−217 000	168 000
Earnings Before Tax	4 041 000	8 289 000	3 681 000	4 980 000
Tax	889 000	1 824 000	810 000	1 096 000
Net Income	3 152 000	6 465 000	2 871 000	3 884 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	548 000	2 011 000	3 067 000
Total Current Assets	39 587 000	63 081 000	32 674 000	29 976 000
Total Assets	39 956 000	63 629 000	34 685 000	33 042 000
Total Retained Equity	13 319 000	12 688 000	7 665 000	3 757 000
Total Equity	23 319 000	22 688 000	17 665 000	13 757 000
Total Long-Term Debt	1 680 000	2 490 000	3 350 000	3 779 000
Total Current Debt	14 957 000	38 451 000	13 670 000	15 505 000
Total Equity and Debt	39 956 000	63 629 000	34 685 000	33 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 217 000	221 944 000	132 827 000	153 274 000
Other Income	0	0	0	0
Revenue	112 217 000	221 944 000	132 827 000	153 274 000
Cost of Goods Sold	0	0	0	0
Salary Costs	107 653 000	213 090 000	127 595 000	147 632 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	108 245 000	213 692 000	128 928 000	148 462 000
Operating Profit	3 973 000	8 252 000	3 898 000	4 812 000
Financial Income	76 000	152 000	102 000	168 000
Financial Costs	8 000	115 000	319 000	0
Financial Balance	68 000	37 000	−217 000	168 000
Dividends	0	0	0	0
Net Income	3 152 000	6 465 000	2 871 000	3 884 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	47 000	0
Total Intangible Assets	370 000	548 000	2 011 000	3 067 000
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	0	0	0	0
Total Fixed Assets	370 000	548 000	2 011 000	3 067 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 465 000	14 265 000	4 536 000	5 609 000
Total Current Assets	39 587 000	63 081 000	32 674 000	29 976 000
Total Assets	39 956 000	63 629 000	34 685 000	33 042 000
Total Equity	23 319 000	22 688 000	17 665 000	13 757 000
Short-Term Group Debt	1 850 000	0	0	0
Total Long-Term Debt	1 680 000	2 490 000	3 350 000	3 779 000
Creditors	1 141 000	3 193 000	2 564 000	1 119 000
Unpaid Taxes	6 436 000	16 149 000	6 352 000	11 494 000
Dividends	0	0	0	0
Other Current Debt	2 300 000	17 259 000	4 754 000	2 893 000
Total Current Debt	14 957 000	38 451 000	13 670 000	15 505 000
Total Equity and Debt	39 956 000	63 629 000	34 685 000	33 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,52 %	28,5 %	16,25 %	28,23 %
Debt-to-Equity Ratio	0,07	0,11	0,19	0,27
Operating Profit Margin	3,54 %	3,72 %	2,93 %	3,14 %
Current Ratio	2,65	1,64	2,39	1,93
Quick Ratio	2,65	1,64	2,39	1,93
Equity Ratio	0,58	0,36	0,51	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %