DEEP SEA DRILLING COMPANY AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

85,27 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 338 925 000	747 932 000	3 973 000
Net Income	33 915 000	25 829 000	2 985 000
Total Assets	498 423 000	288 182 000	172 632 000
Total Equity	39 774 000	35 859 000	10 030 000

Income (NOK)	2022	2021	2020
Revenue	1 338 925 000	747 932 000	3 973 000
Expenditure	1 308 283 000	711 792 000	1 154 000
Operating Profit	30 643 000	36 140 000	2 819 000
Financial Income	12 854 000	4 000	1 009 000
Financial Costs	17 000	3 030 000	0
Financial Balance	12 837 000	−3 026 000	1 009 000
Earnings Before Tax	43 480 000	33 114 000	3 828 000
Tax	9 566 000	7 285 000	843 000
Net Income	33 915 000	25 829 000	2 985 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	498 423 000	288 182 000	172 632 000
Total Assets	498 423 000	288 182 000	172 632 000
Total Retained Equity	29 744 000	25 829 000	0
Total Equity	39 774 000	35 859 000	10 030 000
Total Long-Term Debt	0	0	0
Total Current Debt	458 649 000	252 323 000	162 602 000
Total Equity and Debt	498 423 000	288 182 000	172 632 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 194 798 000	747 932 000	0
Other Income	144 127 000	0	3 973 000
Revenue	1 338 925 000	747 932 000	3 973 000
Cost of Goods Sold	593 874 000	210 658 000	0
Salary Costs	319 860 000	273 825 000	1 123 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 308 283 000	711 792 000	1 154 000
Operating Profit	30 643 000	36 140 000	2 819 000
Financial Income	12 854 000	4 000	1 009 000
Financial Costs	17 000	3 030 000	0
Financial Balance	12 837 000	−3 026 000	1 009 000
Dividends	30 000 000	0	0
Net Income	33 915 000	25 829 000	2 985 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	98 546 000	68 909 000	1 067 000
Total Current Assets	498 423 000	288 182 000	172 632 000
Total Assets	498 423 000	288 182 000	172 632 000
Total Equity	39 774 000	35 859 000	10 030 000
Short-Term Group Debt	0	141 307 000	79 478 000
Total Long-Term Debt	0	0	0
Creditors	178 507 000	34 372 000	47 504 000
Unpaid Taxes	0	0	0
Dividends	30 000 000	0	0
Other Current Debt	270 576 000	76 644 000	35 620 000
Total Current Debt	458 649 000	252 323 000	162 602 000
Total Equity and Debt	498 423 000	288 182 000	172 632 000

Financial indicators	2022	2021	2020
Return on Equity	85,27 %	72,03 %	29,76 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,29 %	4,83 %	70,95 %
Current Ratio	1,09	1,14	1,06
Quick Ratio	1,09	1,14	1,06
Equity Ratio	0,08	0,12	0,06
Gross Profit Margin	55,65 %	71,83 %	100 %