FERRARI DRILLING SERVICES AS

4032 STAVANGER

Finances

Share Ownership

Return on Equity

29,02 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 333 000	3 121 000	3 044 000	757 000
Net Income	56 000	24 000	79 000	5 000
Total Assets	718 000	759 000	894 000	595 000
Total Equity	193 000	138 000	114 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 333 000	3 121 000	3 044 000	757 000
Expenditure	3 235 000	3 090 000	2 940 000	750 000
Operating Profit	98 000	31 000	103 000	7 000
Financial Income	10 000	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	4 000	0	0	0
Earnings Before Tax	102 000	31 000	103 000	7 000
Tax	46 000	7 000	24 000	1 000
Net Income	56 000	24 000	79 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	718 000	759 000	894 000	595 000
Total Assets	718 000	759 000	894 000	595 000
Total Retained Equity	163 000	108 000	84 000	5 000
Total Equity	193 000	138 000	114 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	524 000	621 000	780 000	560 000
Total Equity and Debt	718 000	759 000	894 000	595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 333 000	3 121 000	3 044 000	757 000
Other Income	0	0	0	0
Revenue	3 333 000	3 121 000	3 044 000	757 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 934 000	2 949 000	2 819 000	585 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 235 000	3 090 000	2 940 000	750 000
Operating Profit	98 000	31 000	103 000	7 000
Financial Income	10 000	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	4 000	0	0	0
Dividends	0	0	0	0
Net Income	56 000	24 000	79 000	5 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	458 000	492 000	578 000	318 000
Total Current Assets	718 000	759 000	894 000	595 000
Total Assets	718 000	759 000	894 000	595 000
Total Equity	193 000	138 000	114 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	5 000	0
Unpaid Taxes	167 000	315 000	379 000	236 000
Dividends	0	0	0	0
Other Current Debt	328 000	300 000	372 000	323 000
Total Current Debt	524 000	621 000	780 000	560 000
Total Equity and Debt	718 000	759 000	894 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,02 %	17,39 %	69,3 %	14,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,94 %	0,99 %	3,38 %	0,92 %
Current Ratio	1,37	1,22	1,15	1,06
Quick Ratio	1,37	1,22	1,15	1,06
Equity Ratio	0,27	0,18	0,13	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %