HALTBAKK OFFSHORE AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

16,56 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 768 000	8 158 000	5 040 000	140 000
Net Income	217 000	1 042 000	58 000	−30 000
Total Assets	2 925 000	7 563 000	3 246 000	42 000
Total Equity	1 310 000	1 093 000	52 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 768 000	8 158 000	5 040 000	140 000
Expenditure	4 244 000	6 651 000	4 954 000	171 000
Operating Profit	526 000	1 509 000	86 000	−30 000
Financial Income	0	0	0	0
Financial Costs	190 000	167 000	22 000	0
Financial Balance	−190 000	−167 000	−22 000	0
Earnings Before Tax	335 000	1 342 000	64 000	−30 000
Tax	119 000	301 000	7 000	0
Net Income	217 000	1 042 000	58 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 193 000	5 942 000	2 438 000	13 000
Total Current Assets	733 000	1 621 000	808 000	28 000
Total Assets	2 925 000	7 563 000	3 246 000	42 000
Total Retained Equity	1 280 000	1 063 000	22 000	−36 000
Total Equity	1 310 000	1 093 000	52 000	−6 000
Total Long-Term Debt	1 140 000	4 582 000	1 687 000	48 000
Total Current Debt	475 000	1 888 000	1 508 000	0
Total Equity and Debt	2 925 000	7 563 000	3 246 000	42 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 745 000	8 158 000	5 040 000	140 000
Other Income	23 000	0	0	0
Revenue	4 768 000	8 158 000	5 040 000	140 000
Cost of Goods Sold	1 401 000	2 238 000	1 726 000	33 000
Salary Costs	853 000	2 039 000	1 698 000	0
Depreciation	338 000	604 000	135 000	3 000
Impairment	0	0	0	0
Expenditure	4 244 000	6 651 000	4 954 000	171 000
Operating Profit	526 000	1 509 000	86 000	−30 000
Financial Income	0	0	0	0
Financial Costs	190 000	167 000	22 000	0
Financial Balance	−190 000	−167 000	−22 000	0
Dividends	0	0	0	0
Net Income	217 000	1 042 000	58 000	−30 000

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	2 193 000	2 360 000	2 438 000	13 000
Total Tangible Assets	2 193 000	5 942 000	2 438 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 193 000	5 942 000	2 438 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	517 000	688 000	550 000	15 000
Total Current Assets	733 000	1 621 000	808 000	28 000
Total Assets	2 925 000	7 563 000	3 246 000	42 000
Total Equity	1 310 000	1 093 000	52 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 140 000	4 582 000	1 687 000	48 000
Creditors	14 000	340 000	306 000	0
Unpaid Taxes	44 000	191 000	62 000	0
Dividends	0	0	0	0
Other Current Debt	182 000	1 166 000	1 140 000	0
Total Current Debt	475 000	1 888 000	1 508 000	0
Total Equity and Debt	2 925 000	7 563 000	3 246 000	42 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,56 %	95,33 %	111,54 %	500 %
Debt-to-Equity Ratio	0,87	4,19	32,44	−8
Operating Profit Margin	11,03 %	18,5 %	1,71 %	−21,43 %
Current Ratio	1,54	0,86	0,54	-
Quick Ratio	1,54	0,86	0,54	-
Equity Ratio	0,45	0,14	0,02	−0,14
Gross Profit Margin	70,62 %	72,57 %	65,75 %	76,43 %