RIG PARTNER PROJECT AS

4029 STAVANGER

Finances

Return on Equity

105,71 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	669 000	0	0	0
Net Income	37 000	−10 000	−9 000	−8 000
Total Assets	932 000	29 000	31 000	32 000
Total Equity	35 000	−2 000	8 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	669 000	0	0	0
Expenditure	631 000	10 000	9 000	8 000
Operating Profit	38 000	−10 000	−9 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	38 000	−10 000	−9 000	−8 000
Tax	1 000	0	0	0
Net Income	37 000	−10 000	−9 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	24 000	24 000	24 000
Total Current Assets	908 000	5 000	7 000	8 000
Total Assets	932 000	29 000	31 000	32 000
Total Retained Equity	5 000	−32 000	−22 000	−13 000
Total Equity	35 000	−2 000	8 000	17 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	897 000	31 000	23 000	15 000
Total Equity and Debt	932 000	29 000	31 000	32 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	669 000	0	0	0
Other Income	0	0	0	0
Revenue	669 000	0	0	0
Cost of Goods Sold	573 000	0	0	0
Salary Costs	35 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	631 000	10 000	9 000	8 000
Operating Profit	38 000	−10 000	−9 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	37 000	−10 000	−9 000	−8 000

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	24 000	24 000	24 000	24 000
Total Fixed Assets	24 000	24 000	24 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	239 000	5 000	7 000	8 000
Total Current Assets	908 000	5 000	7 000	8 000
Total Assets	932 000	29 000	31 000	32 000
Total Equity	35 000	−2 000	8 000	17 000
Short-Term Group Debt	544 000	31 000	23 000	15 000
Total Long-Term Debt	0	0	0	0
Creditors	214 000	0	0	0
Unpaid Taxes	7 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	130 000	0	0	0
Total Current Debt	897 000	31 000	23 000	15 000
Total Equity and Debt	932 000	29 000	31 000	32 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,71 %	500 %	−112,5 %	−47,06 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	5,68 %	-	-	-
Current Ratio	1,01	0,16	0,3	0,53
Quick Ratio	1,01	0,16	0,3	0,53
Equity Ratio	0,04	−0,07	0,26	0,53
Gross Profit Margin	14,35 %	-	-	-