AKER OFFSHORE WIND OPERATING COMPANY AS

1360 FORNEBU

Finances

Return on Equity

−20,53 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	29 145 000	8 434 000	1 704 000
Net Income	−230 145 000	−261 690 000	−57 070 000
Total Assets	1 168 637 000	900 110 000	1 151 919 000
Total Equity	1 121 247 000	835 603 000	1 127 294 000

Income (NOK)	2022	2021	2020
Revenue	29 145 000	8 434 000	1 704 000
Expenditure	259 736 000	267 631 000	59 250 000
Operating Profit	−230 591 000	−259 197 000	−57 546 000
Financial Income	4 524 000	4 499 000	949 000
Financial Costs	5 322 000	6 851 000	469 000
Financial Balance	−798 000	−2 352 000	480 000
Earnings Before Tax	−231 389 000	−261 549 000	−57 066 000
Tax	−1 244 000	141 000	4 000
Net Income	−230 145 000	−261 690 000	−57 070 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 115 792 000	743 511 000	689 341 000
Total Current Assets	52 845 000	156 599 000	462 578 000
Total Assets	1 168 637 000	900 110 000	1 151 919 000
Total Retained Equity	−578 907 000	−318 762 000	0
Total Equity	1 121 247 000	835 603 000	1 127 294 000
Total Long-Term Debt	3 531 000	3 319 000	2 581 000
Total Current Debt	43 859 000	61 188 000	22 043 000
Total Equity and Debt	1 168 637 000	900 110 000	1 151 918 000

Cash flow (NOK)	2022	2021	2020
Sales Income	29 145 000	8 434 000	1 704 000
Other Income	0	0	0
Revenue	29 145 000	8 434 000	1 704 000
Cost of Goods Sold	9 204 000	209 000	0
Salary Costs	111 375 000	70 304 000	16 833 000
Depreciation	9 795 000	9 087 000	3 770 000
Impairment	0	0	0
Expenditure	259 736 000	267 631 000	59 250 000
Operating Profit	−230 591 000	−259 197 000	−57 546 000
Financial Income	4 524 000	4 499 000	949 000
Financial Costs	5 322 000	6 851 000	469 000
Financial Balance	−798 000	−2 352 000	480 000
Dividends	0	0	0
Net Income	−230 145 000	−261 690 000	−57 070 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	34 215 000	41 430 000
Total Intangible Assets	25 365 000	34 215 000	41 430 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	550 000	0
Fixtures	721 000	0	0
Total Tangible Assets	721 000	550 000	0
Total Fiancial Fixed Assets	1 089 706 000	708 746 000	647 911 000
Total Fixed Assets	1 115 792 000	743 511 000	689 341 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	31 744 000	140 551 000	434 204 000
Total Current Assets	52 845 000	156 599 000	462 578 000
Total Assets	1 168 637 000	900 110 000	1 151 919 000
Total Equity	1 121 247 000	835 603 000	1 127 294 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 531 000	3 319 000	2 581 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	43 859 000	61 188 000	22 043 000
Total Current Debt	43 859 000	61 188 000	22 043 000
Total Equity and Debt	1 168 637 000	900 110 000	1 151 918 000

Financial indicators	2022	2021	2020
Return on Equity	−20,53 %	−31,32 %	−5,06 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−791,19 %	−3 073,24 %	−3 377,11 %
Current Ratio	1,2	2,56	20,99
Quick Ratio	1,2	2,56	20,99
Equity Ratio	0,96	0,93	0,98
Gross Profit Margin	68,42 %	97,52 %	100 %