PROSAFE OFFSHORE PTE LIMITED

4031 STAVANGER

Finances

Share Ownership

Return on Equity

88,66 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	83 941 000	76 985 000	1 490 000	108 362 000
Net Income	14 523 000	9 748 000	−67 344 000	−117 818 000
Total Assets	36 661 000	24 150 000	21 773 000	90 541 000
Total Equity	16 381 000	11 859 000	2 111 000	67 992 000

Income (USD)	2022	2021	2020	2019
Revenue	83 941 000	76 985 000	1 490 000	108 362 000
Expenditure	69 063 000	66 859 000	75 619 000	228 977 000
Operating Profit	14 879 000	10 126 000	−74 128 000	−120 615 000
Financial Income	66 000	0	6 816 000	6 124 000
Financial Costs	5 000	38 000	5 000	6 000
Financial Balance	61 000	−38 000	6 811 000	6 118 000
Earnings Before Tax	14 940 000	10 088 000	−67 317 000	−114 497 000
Tax	417 000	340 000	27 000	3 321 000
Net Income	14 523 000	9 748 000	−67 344 000	−117 818 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	9 166 000	10 320 000	11 348 000	77 488 000
Total Current Assets	27 495 000	13 830 000	10 426 000	13 053 000
Total Assets	36 661 000	24 150 000	21 773 000	90 541 000
Total Retained Equity	−629 655 000	−635 641 000	−645 389 000	−578 045 000
Total Equity	16 381 000	11 859 000	2 111 000	67 992 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 279 000	12 291 000	19 662 000	22 549 000
Total Equity and Debt	36 661 000	24 150 000	21 773 000	90 541 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	83 912 000	76 985 000	1 490 000	108 362 000
Other Income	29 000	0	0	0
Revenue	83 941 000	76 985 000	1 490 000	108 362 000
Cost of Goods Sold	66 153 000	64 511 000	8 550 000	105 258 000
Salary Costs	0	0	0	0
Depreciation	2 202 000	2 922 000	3 763 000	18 063 000
Impairment	0	0	62 854 000	105 446 000
Expenditure	69 063 000	66 859 000	75 619 000	228 977 000
Operating Profit	14 879 000	10 126 000	−74 128 000	−120 615 000
Financial Income	66 000	0	6 816 000	6 124 000
Financial Costs	5 000	38 000	5 000	6 000
Financial Balance	61 000	−38 000	6 811 000	6 118 000
Dividends	0	0	0	0
Net Income	14 523 000	9 748 000	−67 344 000	−117 818 000

Balance details (USD)	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	9 166 000	10 320 000	11 348 000	77 478 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	9 166 000	10 320 000	11 348 000	77 488 000
Stock	1 806 000	0	543 000	680 000
Total Investments	0	0	0	0
Cash, Bank	11 289 000	12 815 000	9 675 000	9 316 000
Total Current Assets	27 495 000	13 830 000	10 426 000	13 053 000
Total Assets	36 661 000	24 150 000	21 773 000	90 541 000
Total Equity	16 381 000	11 859 000	2 111 000	67 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 993 000	2 120 000	10 237 000	9 940 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 287 000	10 172 000	251 000	1 530 000
Total Current Debt	20 279 000	12 291 000	19 662 000	22 549 000
Total Equity and Debt	36 661 000	24 150 000	21 773 000	90 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,66 %	82,2 %	−3 190,15 %	−173,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,73 %	13,15 %	−4 975,03 %	−111,31 %
Current Ratio	1,36	1,13	0,53	0,58
Quick Ratio	1,49	1,13	0,55	0,6
Equity Ratio	0,45	0,49	0,1	0,75
Gross Profit Margin	21,19 %	16,2 %	−473,83 %	2,86 %