SHEARWATER GEOSERVICES CHARTERCO AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

22 216,67 %

Current Ratio

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020
Revenue	61 909 000	59 802 000	57 312 000
Net Income	1 333 000	1 006 000	1 035 000
Total Assets	6 985 000	1 406 000	6 235 000
Total Equity	6 000	7 000	7 000

Income (USD)	2022	2021	2020
Revenue	61 909 000	59 802 000	57 312 000
Expenditure	60 207 000	58 507 000	56 059 000
Operating Profit	1 703 000	1 295 000	1 253 000
Financial Income	26 000	0	0
Financial Costs	19 000	4 000	−74 000
Financial Balance	7 000	−4 000	74 000
Earnings Before Tax	1 710 000	1 290 000	1 326 000
Tax	376 000	284 000	291 000
Net Income	1 333 000	1 006 000	1 035 000

Balance (USD)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	6 985 000	1 406 000	6 235 000
Total Assets	6 985 000	1 406 000	6 235 000
Total Retained Equity	2 000	2 000	3 000
Total Equity	6 000	7 000	7 000
Total Long-Term Debt	0	0	0
Total Current Debt	6 979 000	1 399 000	6 228 000
Total Equity and Debt	6 985 000	1 406 000	6 235 000

Cash flow (USD)	2022	2021	2020
Sales Income	61 909 000	59 802 000	57 280 000
Other Income	0	0	32 000
Revenue	61 909 000	59 802 000	57 312 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	60 207 000	58 507 000	56 059 000
Operating Profit	1 703 000	1 295 000	1 253 000
Financial Income	26 000	0	0
Financial Costs	19 000	4 000	−74 000
Financial Balance	7 000	−4 000	74 000
Dividends	0	0	0
Net Income	1 333 000	1 006 000	1 035 000

Balance details (USD)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	6 234 000
Total Current Assets	6 985 000	1 406 000	6 235 000
Total Assets	6 985 000	1 406 000	6 235 000
Total Equity	6 000	7 000	7 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	46 000	87 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	6 933 000	1 312 000	6 228 000
Total Current Debt	6 979 000	1 399 000	6 228 000
Total Equity and Debt	6 985 000	1 406 000	6 235 000

Financial indicators	2022	2021	2020
Return on Equity	22 216,67 %	14 371,43 %	14 785,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,75 %	2,17 %	2,19 %
Current Ratio	1	1,01	1
Quick Ratio	1	1,01	1
Equity Ratio	0	0	0
Gross Profit Margin	100 %	100 %	100 %