DOLPHIN DRILLING OFFSHORE AS

4313 SANDNES

Finances

Return on Equity

−139,15 %

Current Ratio

0,9

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	146 070 000	570 880 000	533 161 000	511 251 000
Net Income	−305 172 000	−739 654 000	−347 546 000	−78 045 000
Total Assets	834 133 000	861 925 000	1 482 501 000	486 176 000
Total Equity	219 317 000	524 532 000	1 266 254 000	350 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	146 070 000	570 880 000	533 161 000	511 251 000
Expenditure	431 986 000	1 298 922 000	676 233 000	486 317 000
Operating Profit	−285 915 000	−728 041 000	−176 477 000	−95 254 000
Financial Income	1 940 000	−4 796 000	98 555 000	41 350 000
Financial Costs	21 197 000	6 817 000	269 624 000	24 894 000
Financial Balance	−19 257 000	−11 613 000	−171 069 000	16 456 000
Earnings Before Tax	−305 172 000	−739 654 000	−347 546 000	−78 798 000
Tax	0	0	0	−753 000
Net Income	−305 172 000	−739 654 000	−347 546 000	−78 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	536 432 000	469 192 000	927 165 000	134 147 000
Total Current Assets	297 701 000	392 732 000	555 336 000	352 029 000
Total Assets	834 133 000	861 925 000	1 482 501 000	486 176 000
Total Retained Equity	−10 784 870 000	−10 479 655 000	−9 737 933 000	287 034 000
Total Equity	219 317 000	524 532 000	1 266 254 000	350 090 000
Total Long-Term Debt	285 748 000	122 297 000	31 552 000	26 606 000
Total Current Debt	329 069 000	215 095 000	184 694 000	109 480 000
Total Equity and Debt	834 133 000	861 925 000	1 482 501 000	486 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	146 070 000	570 880 000	500 005 000	511 251 000
Other Income	0	0	33 156 000	0
Revenue	146 070 000	570 880 000	533 161 000	511 251 000
Cost of Goods Sold	0	0	0	0
Salary Costs	213 925 000	363 612 000	296 428 000	203 812 000
Depreciation	44 800 000	121 876 000	42 641 000	11 134 000
Impairment	6 307 000	341 350 000	0	0
Expenditure	431 986 000	1 298 922 000	676 233 000	486 317 000
Operating Profit	−285 915 000	−728 041 000	−176 477 000	−95 254 000
Financial Income	1 940 000	−4 796 000	98 555 000	41 350 000
Financial Costs	21 197 000	6 817 000	269 624 000	24 894 000
Financial Balance	−19 257 000	−11 613 000	−171 069 000	16 456 000
Dividends	0	0	0	0
Net Income	−305 172 000	−739 654 000	−347 546 000	−78 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	11 933 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	137 317 000	57 813 000	23 444 000	7 010 000
Total Tangible Assets	494 134 000	410 358 000	774 015 000	18 944 000
Total Fiancial Fixed Assets	42 298 000	58 835 000	153 149 000	115 203 000
Total Fixed Assets	536 432 000	469 192 000	927 165 000	134 147 000
Stock	182 637 000	178 128 000	342 175 000	0
Total Investments	0	0	0	0
Cash, Bank	21 811 000	44 505 000	29 176 000	116 222 000
Total Current Assets	297 701 000	392 732 000	555 336 000	352 029 000
Total Assets	834 133 000	861 925 000	1 482 501 000	486 176 000
Total Equity	219 317 000	524 532 000	1 266 254 000	350 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	285 748 000	122 297 000	31 552 000	26 606 000
Creditors	297 889 000	151 452 000	155 108 000	73 669 000
Unpaid Taxes	6 687 000	4 778 000	4 278 000	5 153 000
Dividends	0	0	0	0
Other Current Debt	15 901 000	58 865 000	25 308 000	30 604 000
Total Current Debt	329 069 000	215 095 000	184 694 000	109 480 000
Total Equity and Debt	834 133 000	861 925 000	1 482 501 000	486 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−139,15 %	−141,01 %	−27,45 %	−22,29 %
Debt-to-Equity Ratio	1,3	0,23	0,02	0,08
Operating Profit Margin	−195,74 %	−127,53 %	−33,1 %	−18,63 %
Current Ratio	0,9	1,83	3,01	3,22
Quick Ratio	2,03	10,62	−3,53	3,22
Equity Ratio	0,26	0,61	0,85	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %