MORAY OFFSHORE AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

768,52 %

Current Ratio

0,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 845 000	1 175 000	3 073 000	0
Net Income	4 711 000	4 162 000	2 096 000	−12 000
Total Assets	7 699 000	4 681 000	3 578 000	48 000
Total Equity	613 000	270 000	108 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 845 000	1 175 000	3 073 000	0
Expenditure	2 726 000	296 000	391 000	12 000
Operating Profit	6 120 000	880 000	2 682 000	−12 000
Financial Income	1 000	3 476 000	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−3 000	3 476 000	0	0
Earnings Before Tax	6 117 000	4 356 000	2 682 000	−12 000
Tax	1 406 000	194 000	586 000	0
Net Income	4 711 000	4 162 000	2 096 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 765 000	3 992 000	2 179 000	30 000
Total Current Assets	3 934 000	689 000	1 399 000	18 000
Total Assets	7 699 000	4 681 000	3 578 000	48 000
Total Retained Equity	588 000	246 000	84 000	−12 000
Total Equity	613 000	270 000	108 000	13 000
Total Long-Term Debt	0	20 000	759 000	0
Total Current Debt	7 086 000	4 391 000	2 711 000	36 000
Total Equity and Debt	7 699 000	4 681 000	3 578 000	48 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 845 000	1 175 000	3 073 000	0
Other Income	0	0	0	0
Revenue	8 845 000	1 175 000	3 073 000	0
Cost of Goods Sold	1 984 000	0	64 000	0
Salary Costs	0	0	0	0
Depreciation	288 000	253 000	4 000	0
Impairment	0	0	0	0
Expenditure	2 726 000	296 000	391 000	12 000
Operating Profit	6 120 000	880 000	2 682 000	−12 000
Financial Income	1 000	3 476 000	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−3 000	3 476 000	0	0
Dividends	0	4 000 000	2 000 000	0
Net Income	4 711 000	4 162 000	2 096 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	284 000	571 000	754 000	0
Total Tangible Assets	284 000	571 000	754 000	0
Total Fiancial Fixed Assets	3 459 000	3 421 000	1 425 000	30 000
Total Fixed Assets	3 765 000	3 992 000	2 179 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 246 000	30 000	3 000	18 000
Total Current Assets	3 934 000	689 000	1 399 000	18 000
Total Assets	7 699 000	4 681 000	3 578 000	48 000
Total Equity	613 000	270 000	108 000	13 000
Short-Term Group Debt	5 495 000	36 000	36 000	36 000
Total Long-Term Debt	0	20 000	759 000	0
Creditors	1 234 000	13 000	138 000	0
Unpaid Taxes	0	112 000	0	0
Dividends	0	4 000 000	2 000 000	0
Other Current Debt	0	8 000	0	0
Total Current Debt	7 086 000	4 391 000	2 711 000	36 000
Total Equity and Debt	7 699 000	4 681 000	3 578 000	48 000

Financial indicators	2022	2021	2020	2019
Return on Equity	768,52 %	1 541,48 %	1 940,74 %	−92,31 %
Debt-to-Equity Ratio	0	0,07	7,03	0
Operating Profit Margin	69,19 %	74,89 %	87,28 %	-
Current Ratio	0,56	0,16	0,52	0,5
Quick Ratio	0,56	0,16	0,52	0,5
Equity Ratio	0,08	0,06	0,03	0,27
Gross Profit Margin	77,57 %	100 %	97,92 %	-