OIL & GAS COMPANY AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

164,35 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 575 000	4 071 000	3 972 000
Net Income	−1 655 000	255 000	−104 000	177 000
Total Assets	2 498 000	5 236 000	7 737 000	1 127 000
Total Equity	−1 007 000	648 000	393 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 575 000	4 071 000	3 972 000
Expenditure	1 691 000	3 694 000	5 799 000	3 766 000
Operating Profit	−1 691 000	281 000	−128 000	206 000
Financial Income	0	0	20 000	21 000
Financial Costs	0	3 000	7 000	0
Financial Balance	0	−3 000	13 000	21 000
Earnings Before Tax	−1 691 000	278 000	−115 000	227 000
Tax	−36 000	23 000	−11 000	50 000
Net Income	−1 655 000	255 000	−104 000	177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 453 000	4 128 000	4 630 000	5 006 000
Total Current Assets	45 000	1 108 000	3 107 000	−3 880 000
Total Assets	2 498 000	5 236 000	7 737 000	1 127 000
Total Retained Equity	−1 037 000	618 000	363 000	467 000
Total Equity	−1 007 000	648 000	393 000	497 000
Total Long-Term Debt	46 000	82 000	46 000	13 000
Total Current Debt	3 459 000	4 506 000	7 298 000	617 000
Total Equity and Debt	2 498 000	5 236 000	7 737 000	1 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 575 000	4 071 000	3 972 000
Other Income	0	0	0	0
Revenue	0	5 575 000	4 071 000	3 972 000
Cost of Goods Sold	0	3 200 000	5 379 000	3 616 000
Salary Costs	0	0	0	0
Depreciation	1 675 000	502 000	251 000	142 000
Impairment	0	0	0	0
Expenditure	1 691 000	3 694 000	5 799 000	3 766 000
Operating Profit	−1 691 000	281 000	−128 000	206 000
Financial Income	0	0	20 000	21 000
Financial Costs	0	3 000	7 000	0
Financial Balance	0	−3 000	13 000	21 000
Dividends	0	0	0	0
Net Income	−1 655 000	255 000	−104 000	177 000

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	4 881 000
Fixtures	2 453 000	4 128 000	4 630 000	0
Total Tangible Assets	2 453 000	4 128 000	4 630 000	4 881 000
Total Fiancial Fixed Assets	0	0	0	125 000
Total Fixed Assets	2 453 000	4 128 000	4 630 000	5 006 000
Stock	0	0	1 600 000	0
Total Investments	0	0	0	0
Cash, Bank	45 000	58 000	93 000	658 000
Total Current Assets	45 000	1 108 000	3 107 000	−3 880 000
Total Assets	2 498 000	5 236 000	7 737 000	1 127 000
Total Equity	−1 007 000	648 000	393 000	497 000
Short-Term Group Debt	0	0	0	598 000
Total Long-Term Debt	46 000	82 000	46 000	13 000
Creditors	0	−518 000	37 000	−18 000
Unpaid Taxes	1 368 000	1 369 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 090 000	3 655 000	7 261 000	0
Total Current Debt	3 459 000	4 506 000	7 298 000	617 000
Total Equity and Debt	2 498 000	5 236 000	7 737 000	1 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,35 %	39,35 %	−26,46 %	35,61 %
Debt-to-Equity Ratio	−0,05	0,13	0,12	0,03
Operating Profit Margin	-	5,04 %	−3,14 %	5,19 %
Current Ratio	0,01	0,25	0,43	−6,29
Quick Ratio	0,01	0,25	0,55	−6,29
Equity Ratio	−0,4	0,12	0,05	0,44
Gross Profit Margin	-	42,6 %	−32,13 %	8,96 %