OLYMPIC OFFSHORE WIND AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−5,93 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020
Revenue	52 960 000	16 085 000	0
Net Income	−8 405 000	345 000	−6 000
Total Assets	255 082 000	30 183 000	24 000
Total Equity	141 625 000	30 000	24 000

Income (NOK)	2022	2021	2020
Revenue	52 960 000	16 085 000	0
Expenditure	55 301 000	16 005 000	6 000
Operating Profit	−2 341 000	80 000	−6 000
Financial Income	5 121 000	506 000	0
Financial Costs	11 184 000	145 000	0
Financial Balance	−6 063 000	361 000	0
Earnings Before Tax	−8 405 000	441 000	−6 000
Tax	0	96 000	0
Net Income	−8 405 000	345 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	227 184 000	0	0
Total Current Assets	27 899 000	30 183 000	24 000
Total Assets	255 082 000	30 183 000	24 000
Total Retained Equity	0	0	−6 000
Total Equity	141 625 000	30 000	24 000
Total Long-Term Debt	104 205 000	0	0
Total Current Debt	9 253 000	30 153 000	0
Total Equity and Debt	255 082 000	30 183 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	52 960 000	15 103 000	0
Other Income	0	982 000	0
Revenue	52 960 000	16 085 000	0
Cost of Goods Sold	0	0	0
Salary Costs	23 022 000	4 157 000	0
Depreciation	15 275 000	0	0
Impairment	0	0	0
Expenditure	55 301 000	16 005 000	6 000
Operating Profit	−2 341 000	80 000	−6 000
Financial Income	5 121 000	506 000	0
Financial Costs	11 184 000	145 000	0
Financial Balance	−6 063 000	361 000	0
Dividends	0	0	0
Net Income	−8 405 000	345 000	−6 000

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	227 184 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	227 184 000	0	0
Stock	708 000	0	0
Total Investments	0	0	0
Cash, Bank	17 113 000	183 000	24 000
Total Current Assets	27 899 000	30 183 000	24 000
Total Assets	255 082 000	30 183 000	24 000
Total Equity	141 625 000	30 000	24 000
Short-Term Group Debt	0	435 000	0
Total Long-Term Debt	104 205 000	0	0
Creditors	5 405 000	29 623 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	3 847 000	95 000	0
Total Current Debt	9 253 000	30 153 000	0
Total Equity and Debt	255 082 000	30 183 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	−5,93 %	1 150 %	−25 %
Debt-to-Equity Ratio	0,74	0	0
Operating Profit Margin	−4,42 %	0,5 %	-
Current Ratio	3,02	1	-
Quick Ratio	3,26	1	-
Equity Ratio	0,56	0	1
Gross Profit Margin	100 %	100 %	-