LEVEL OFFSHORE AS

5537 HAUGESUND

Finances

Return on Equity

69,54 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 519 000	130 534 000	92 763 000	65 039 000
Net Income	10 059 000	8 913 000	5 741 000	1 559 000
Total Assets	49 985 000	46 927 000	34 851 000	18 336 000
Total Equity	14 465 000	9 406 000	8 494 000	2 753 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 519 000	130 534 000	92 763 000	65 039 000
Expenditure	159 061 000	118 945 000	84 828 000	62 864 000
Operating Profit	12 457 000	11 588 000	7 935 000	2 174 000
Financial Income	3 080 000	1 586 000	367 000	94 000
Financial Costs	2 635 000	1 736 000	934 000	246 000
Financial Balance	445 000	−150 000	−567 000	−152 000
Earnings Before Tax	12 902 000	11 438 000	7 368 000	2 022 000
Tax	2 843 000	2 525 000	1 628 000	463 000
Net Income	10 059 000	8 913 000	5 741 000	1 559 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	417 000	279 000	2 327 000	969 000
Total Current Assets	49 568 000	46 649 000	32 524 000	17 367 000
Total Assets	49 985 000	46 927 000	34 851 000	18 336 000
Total Retained Equity	13 462 000	8 403 000	7 490 000	1 749 000
Total Equity	14 465 000	9 406 000	8 494 000	2 753 000
Total Long-Term Debt	0	0	0	61 000
Total Current Debt	35 520 000	37 521 000	26 357 000	15 522 000
Total Equity and Debt	49 985 000	46 927 000	34 851 000	18 336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 519 000	130 534 000	92 745 000	65 039 000
Other Income	0	0	18 000	0
Revenue	171 519 000	130 534 000	92 763 000	65 039 000
Cost of Goods Sold	58 255 000	33 597 000	26 290 000	14 416 000
Salary Costs	86 229 000	76 179 000	50 147 000	39 349 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	159 061 000	118 945 000	84 828 000	62 864 000
Operating Profit	12 457 000	11 588 000	7 935 000	2 174 000
Financial Income	3 080 000	1 586 000	367 000	94 000
Financial Costs	2 635 000	1 736 000	934 000	246 000
Financial Balance	445 000	−150 000	−567 000	−152 000
Dividends	5 000 000	8 000 000	0	0
Net Income	10 059 000	8 913 000	5 741 000	1 559 000

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	417 000	279 000	2 327 000	969 000
Total Fixed Assets	417 000	279 000	2 327 000	969 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 152 000	16 525 000	5 928 000	3 240 000
Total Current Assets	49 568 000	46 649 000	32 524 000	17 367 000
Total Assets	49 985 000	46 927 000	34 851 000	18 336 000
Total Equity	14 465 000	9 406 000	8 494 000	2 753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	61 000
Creditors	1 549 000	1 533 000	2 340 000	3 897 000
Unpaid Taxes	8 191 000	6 755 000	9 952 000	4 086 000
Dividends	5 000 000	8 000 000	0	0
Other Current Debt	16 671 000	13 140 000	12 376 000	7 137 000
Total Current Debt	35 520 000	37 521 000	26 357 000	15 522 000
Total Equity and Debt	49 985 000	46 927 000	34 851 000	18 336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,54 %	94,76 %	67,59 %	56,63 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	7,26 %	8,88 %	8,55 %	3,34 %
Current Ratio	1,4	1,24	1,23	1,12
Quick Ratio	1,4	1,24	1,23	1,12
Equity Ratio	0,29	0,2	0,24	0,15
Gross Profit Margin	66,04 %	74,26 %	71,66 %	77,83 %