CIMC OFFSHORE AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

56,42 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	677 607 000	800 235 000	915 654 000	291 042 000
Net Income	−228 299 000	−102 545 000	−60 408 000	−13 396 000
Total Assets	1 251 265 000	1 253 290 000	811 584 000	588 462 000
Total Equity	−404 618 000	−176 320 000	−73 774 000	−13 366 000

Income (NOK)	2022	2021	2020	2019
Revenue	677 607 000	800 235 000	915 654 000	291 042 000
Expenditure	840 196 000	861 830 000	976 059 000	288 951 000
Operating Profit	−162 589 000	−61 595 000	−60 404 000	2 091 000
Financial Income	48 251 000	19 788 000	44 382 000	7 009 000
Financial Costs	113 862 000	71 073 000	61 424 000	24 680 000
Financial Balance	−65 611 000	−51 285 000	−17 042 000	−17 671 000
Earnings Before Tax	−228 200 000	−112 880 000	−77 446 000	−15 579 000
Tax	98 000	−10 335 000	−17 038 000	−2 183 000
Net Income	−228 299 000	−102 545 000	−60 408 000	−13 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	825 355 000	980 279 000	550 469 000	2 183 000
Total Current Assets	425 910 000	273 011 000	261 115 000	586 279 000
Total Assets	1 251 265 000	1 253 290 000	811 584 000	588 462 000
Total Retained Equity	−404 648 000	−176 350 000	−73 804 000	−13 396 000
Total Equity	−404 618 000	−176 320 000	−73 774 000	−13 366 000
Total Long-Term Debt	62 808 000	62 808 000	62 808 000	0
Total Current Debt	1 593 075 000	1 366 801 000	822 550 000	601 828 000
Total Equity and Debt	1 251 265 000	1 253 290 000	811 584 000	588 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	675 014 000	734 722 000	754 392 000	273 142 000
Other Income	2 593 000	65 513 000	161 262 000	17 900 000
Revenue	677 607 000	800 235 000	915 654 000	291 042 000
Cost of Goods Sold	91 883 000	71 807 000	74 360 000	6 042 000
Salary Costs	662 000	641 000	662 000	3 065 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	840 196 000	861 830 000	976 059 000	288 951 000
Operating Profit	−162 589 000	−61 595 000	−60 404 000	2 091 000
Financial Income	48 251 000	19 788 000	44 382 000	7 009 000
Financial Costs	113 862 000	71 073 000	61 424 000	24 680 000
Financial Balance	−65 611 000	−51 285 000	−17 042 000	−17 671 000
Dividends	0	0	0	0
Net Income	−228 299 000	−102 545 000	−60 408 000	−13 396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 458 000	29 556 000	19 221 000	2 183 000
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	795 897 000	950 723 000	531 247 000	0
Total Fixed Assets	825 355 000	980 279 000	550 469 000	2 183 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 693 000	30 409 000	26 740 000	78 377 000
Total Current Assets	425 910 000	273 011 000	261 115 000	586 279 000
Total Assets	1 251 265 000	1 253 290 000	811 584 000	588 462 000
Total Equity	−404 618 000	−176 320 000	−73 774 000	−13 366 000
Short-Term Group Debt	1 428 074 000	1 230 447 000	676 250 000	98 409 000
Total Long-Term Debt	62 808 000	62 808 000	62 808 000	0
Creditors	38 861 000	35 058 000	75 287 000	115 646 000
Unpaid Taxes	266 000	47 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	125 874 000	101 248 000	70 983 000	387 773 000
Total Current Debt	1 593 075 000	1 366 801 000	822 550 000	601 828 000
Total Equity and Debt	1 251 265 000	1 253 290 000	811 584 000	588 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,42 %	58,16 %	81,88 %	100,22 %
Debt-to-Equity Ratio	−0,16	−0,36	−0,85	−0
Operating Profit Margin	−23,99 %	−7,7 %	−6,6 %	0,72 %
Current Ratio	0,27	0,2	0,32	0,97
Quick Ratio	0,27	0,2	0,32	0,97
Equity Ratio	−0,32	−0,14	−0,09	−0,02
Gross Profit Margin	86,44 %	91,03 %	91,88 %	97,92 %