TIDE SPIRIT AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

−343,54 %

Current Ratio

0,05

Debt-to-Equity Ratio

29,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 220 000	122 135 000	55 382 000	0
Net Income	−57 433 000	2 068 000	73 630 000	−665 000
Total Assets	1 142 038 000	1 213 724 000	1 325 349 000	441 472 000
Total Equity	16 718 000	74 151 000	72 083 000	−1 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 220 000	122 135 000	55 382 000	0
Expenditure	58 946 000	59 218 000	22 164 000	122 000
Operating Profit	76 274 000	62 917 000	33 217 000	−122 000
Financial Income	65 000	0	10 000	126 000
Financial Costs	149 972 000	60 265 000	−61 170 000	856 000
Financial Balance	−149 907 000	−60 265 000	61 180 000	−730 000
Earnings Before Tax	−73 632 000	2 652 000	94 397 000	−852 000
Tax	−16 199 000	583 000	20 767 000	−188 000
Net Income	−57 433 000	2 068 000	73 630 000	−665 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 109 309 000	1 177 356 000	1 253 704 000	438 485 000
Total Current Assets	32 729 000	36 368 000	71 646 000	2 988 000
Total Assets	1 142 038 000	1 213 724 000	1 325 349 000	441 472 000
Total Retained Equity	16 688 000	74 121 000	72 053 000	−1 577 000
Total Equity	16 718 000	74 151 000	72 083 000	−1 547 000
Total Long-Term Debt	493 387 000	519 705 000	475 141 000	0
Total Current Debt	631 934 000	619 868 000	778 125 000	443 019 000
Total Equity and Debt	1 142 038 000	1 213 724 000	1 325 349 000	441 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 220 000	122 135 000	55 382 000	0
Other Income	0	0	0	0
Revenue	135 220 000	122 135 000	55 382 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	58 759 000	59 096 000	22 041 000	0
Impairment	0	0	0	0
Expenditure	58 946 000	59 218 000	22 164 000	122 000
Operating Profit	76 274 000	62 917 000	33 217 000	−122 000
Financial Income	65 000	0	10 000	126 000
Financial Costs	149 972 000	60 265 000	−61 170 000	856 000
Financial Balance	−149 907 000	−60 265 000	61 180 000	−730 000
Dividends	0	0	0	0
Net Income	−57 433 000	2 068 000	73 630 000	−665 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	445 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 026 798 000	1 085 989 000	1 149 793 000	438 040 000
Total Fiancial Fixed Assets	82 511 000	91 367 000	103 911 000	0
Total Fixed Assets	1 109 309 000	1 177 356 000	1 253 704 000	438 485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	863 000	10 723 000	39 626 000	2 951 000
Total Current Assets	32 729 000	36 368 000	71 646 000	2 988 000
Total Assets	1 142 038 000	1 213 724 000	1 325 349 000	441 472 000
Total Equity	16 718 000	74 151 000	72 083 000	−1 547 000
Short-Term Group Debt	631 934 000	618 157 000	771 706 000	432 536 000
Total Long-Term Debt	493 387 000	519 705 000	475 141 000	0
Creditors	0	1 711 000	6 184 000	5 323 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	236 000	5 160 000
Total Current Debt	631 934 000	619 868 000	778 125 000	443 019 000
Total Equity and Debt	1 142 038 000	1 213 724 000	1 325 349 000	441 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−343,54 %	2,79 %	102,15 %	42,99 %
Debt-to-Equity Ratio	29,51	7,01	6,59	−0
Operating Profit Margin	56,41 %	51,51 %	59,98 %	-
Current Ratio	0,05	0,06	0,09	0,01
Quick Ratio	0,05	0,06	0,09	0,01
Equity Ratio	0,01	0,06	0,05	−0
Gross Profit Margin	100 %	100 %	100 %	-