SHREDDER OFFSHORE AS

1534 MOSS

Finances

Share Ownership

Return on Equity

733,33 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 872 000	3 479 000	2 027 000
Net Income	352 000	−334 000	1 558 000
Total Assets	601 000	460 000	2 027 000
Total Equity	48 000	−304 000	30 000

Income (NOK)	2022	2021	2020
Revenue	3 872 000	3 479 000	2 027 000
Expenditure	3 522 000	3 842 000	33 000
Operating Profit	350 000	−363 000	1 994 000
Financial Income	36 000	60 000	22 000
Financial Costs	29 000	31 000	19 000
Financial Balance	7 000	29 000	3 000
Earnings Before Tax	357 000	−334 000	1 997 000
Tax	5 000	0	439 000
Net Income	352 000	−334 000	1 558 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	35 000	0	0
Total Current Assets	566 000	460 000	2 027 000
Total Assets	601 000	460 000	2 027 000
Total Retained Equity	18 000	−334 000	0
Total Equity	48 000	−304 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	553 000	765 000	1 997 000
Total Equity and Debt	601 000	460 000	2 027 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 872 000	3 479 000	2 027 000
Other Income	0	0	0
Revenue	3 872 000	3 479 000	2 027 000
Cost of Goods Sold	0	0	0
Salary Costs	3 210 000	3 672 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 522 000	3 842 000	33 000
Operating Profit	350 000	−363 000	1 994 000
Financial Income	36 000	60 000	22 000
Financial Costs	29 000	31 000	19 000
Financial Balance	7 000	29 000	3 000
Dividends	0	0	1 558 000
Net Income	352 000	−334 000	1 558 000

Balance details (NOK)	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	35 000	0	0
Total Fixed Assets	35 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	565 000	449 000	1 558 000
Total Current Assets	566 000	460 000	2 027 000
Total Assets	601 000	460 000	2 027 000
Total Equity	48 000	−304 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	−1 000	−50 000	0
Unpaid Taxes	206 000	468 000	0
Dividends	0	0	1 558 000
Other Current Debt	343 000	346 000	0
Total Current Debt	553 000	765 000	1 997 000
Total Equity and Debt	601 000	460 000	2 027 000

Financial indicators	2022	2021	2020
Return on Equity	733,33 %	109,87 %	5 193,33 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	9,04 %	−10,43 %	98,37 %
Current Ratio	1,02	0,6	1,02
Quick Ratio	1,02	0,6	1,02
Equity Ratio	0,08	−0,66	0,01
Gross Profit Margin	100 %	100 %	100 %