NORWEGIAN DRILLING AS

4033 STAVANGER

Finances

Return on Equity

23,27 %

Current Ratio

5,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 000 000	1 050 000	600 000	960 000
Net Income	1 281 000	822 000	151 000	743 000
Total Assets	6 711 000	4 859 000	3 840 000	3 693 000
Total Equity	5 504 000	4 223 000	3 401 000	3 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 000 000	1 050 000	600 000	960 000
Expenditure	361 000	11 000	410 000	10 000
Operating Profit	1 639 000	1 039 000	190 000	950 000
Financial Income	5 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	5 000	0	0	−2 000
Earnings Before Tax	1 643 000	1 039 000	190 000	948 000
Tax	362 000	217 000	39 000	205 000
Net Income	1 281 000	822 000	151 000	743 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 000	209 000	200 000	200 000
Total Current Assets	6 504 000	4 650 000	3 640 000	3 493 000
Total Assets	6 711 000	4 859 000	3 840 000	3 693 000
Total Retained Equity	5 404 000	4 123 000	3 301 000	3 150 000
Total Equity	5 504 000	4 223 000	3 401 000	3 250 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 207 000	636 000	439 000	443 000
Total Equity and Debt	6 711 000	4 859 000	3 840 000	3 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000 000	1 050 000	600 000	960 000
Other Income	0	0	0	0
Revenue	2 000 000	1 050 000	600 000	960 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	361 000	11 000	410 000	10 000
Operating Profit	1 639 000	1 039 000	190 000	950 000
Financial Income	5 000	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	5 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	1 281 000	822 000	151 000	743 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	9 000	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	200 000	200 000	200 000	200 000
Total Fixed Assets	207 000	209 000	200 000	200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 503 000	3 337 000	3 037 000	18 000
Total Current Assets	6 504 000	4 650 000	3 640 000	3 493 000
Total Assets	6 711 000	4 859 000	3 840 000	3 693 000
Total Equity	5 504 000	4 223 000	3 401 000	3 250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	847 000	410 000	400 000	238 000
Total Current Debt	1 207 000	636 000	439 000	443 000
Total Equity and Debt	6 711 000	4 859 000	3 840 000	3 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,27 %	19,46 %	4,44 %	22,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	81,95 %	98,95 %	31,67 %	98,96 %
Current Ratio	5,39	7,31	8,29	7,88
Quick Ratio	5,39	7,31	8,29	7,88
Equity Ratio	0,82	0,87	0,89	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %