AFFINITY OFFSHORE AS

0254 OSLO

Finances

Return on Equity

−4,78 %

Current Ratio

2,67

Debt-to-Equity Ratio

−1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 911 000	6 703 000	8 761 000	12 613 000
Net Income	734 000	−3 819 000	−2 060 000	−610 000
Total Assets	8 918 000	6 112 000	3 266 000	4 641 000
Total Equity	−15 357 000	−16 091 000	−12 272 000	−10 207 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 911 000	6 703 000	8 761 000	12 613 000
Expenditure	11 390 000	10 028 000	10 848 000	12 219 000
Operating Profit	521 000	−3 324 000	−2 087 000	394 000
Financial Income	673 000	68 000	484 000	135 000
Financial Costs	460 000	562 000	457 000	1 139 000
Financial Balance	213 000	−494 000	27 000	−1 004 000
Earnings Before Tax	734 000	−3 819 000	−2 060 000	−610 000
Tax	0	0	0	0
Net Income	734 000	−3 819 000	−2 060 000	−610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	361 000	480 000	489 000
Total Current Assets	8 675 000	5 751 000	2 786 000	4 152 000
Total Assets	8 918 000	6 112 000	3 266 000	4 641 000
Total Retained Equity	−15 435 000	−16 169 000	−12 350 000	−10 290 000
Total Equity	−15 357 000	−16 091 000	−12 272 000	−10 207 000
Total Long-Term Debt	21 026 000	21 093 000	14 621 000	13 460 000
Total Current Debt	3 249 000	1 111 000	918 000	1 389 000
Total Equity and Debt	8 918 000	6 112 000	3 266 000	4 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 911 000	6 703 000	8 761 000	12 613 000
Other Income	0	0	0	0
Revenue	11 911 000	6 703 000	8 761 000	12 613 000
Cost of Goods Sold	0	0	484 000	2 717 000
Salary Costs	9 442 000	8 636 000	8 391 000	7 044 000
Depreciation	119 000	119 000	119 000	108 000
Impairment	0	0	0	0
Expenditure	11 390 000	10 028 000	10 848 000	12 219 000
Operating Profit	521 000	−3 324 000	−2 087 000	394 000
Financial Income	673 000	68 000	484 000	135 000
Financial Costs	460 000	562 000	457 000	1 139 000
Financial Balance	213 000	−494 000	27 000	−1 004 000
Dividends	0	0	0	0
Net Income	734 000	−3 819 000	−2 060 000	−610 000

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	212 000	331 000	450 000	459 000
Total Tangible Assets	212 000	331 000	450 000	459 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	242 000	361 000	480 000	489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 356 000	1 111 000	2 447 000	2 927 000
Total Current Assets	8 675 000	5 751 000	2 786 000	4 152 000
Total Assets	8 918 000	6 112 000	3 266 000	4 641 000
Total Equity	−15 357 000	−16 091 000	−12 272 000	−10 207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 026 000	21 093 000	14 621 000	13 460 000
Creditors	79 000	138 000	62 000	67 000
Unpaid Taxes	323 000	314 000	372 000	883 000
Dividends	0	0	0	0
Other Current Debt	2 848 000	659 000	483 000	439 000
Total Current Debt	3 249 000	1 111 000	918 000	1 389 000
Total Equity and Debt	8 918 000	6 112 000	3 266 000	4 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,78 %	23,73 %	16,79 %	5,98 %
Debt-to-Equity Ratio	−1,37	−1,31	−1,19	−1,32
Operating Profit Margin	4,37 %	−49,59 %	−23,82 %	3,12 %
Current Ratio	2,67	5,18	3,03	2,99
Quick Ratio	2,67	5,18	3,03	2,99
Equity Ratio	−1,72	−2,63	−3,76	−2,2
Gross Profit Margin	100 %	100 %	94,48 %	78,46 %