OSV SIVERTSEN AS

4017 STAVANGER

Finances

Return on Equity

33,55 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 447 000	49 896 000	45 178 000	45 038 000
Net Income	3 298 000	−2 615 000	−2 403 000	−1 592 000
Total Assets	22 991 000	20 113 000	20 481 000	22 690 000
Total Equity	9 831 000	7 532 000	10 147 000	12 550 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 447 000	49 896 000	45 178 000	45 038 000
Expenditure	27 956 000	30 089 000	27 914 000	28 234 000
Operating Profit	2 039 000	−2 644 000	−2 464 000	−1 903 000
Financial Income	1 260 000	32 000	64 000	68 000
Financial Costs	0	2 000	3 000	26 000
Financial Balance	1 260 000	30 000	61 000	42 000
Earnings Before Tax	3 298 000	−2 615 000	−2 403 000	−1 861 000
Tax	0	0	0	−269 000
Net Income	3 298 000	−2 615 000	−2 403 000	−1 592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 392 000	3 013 000	2 612 000	191 000
Total Current Assets	20 598 000	17 100 000	17 869 000	22 499 000
Total Assets	22 991 000	20 113 000	20 481 000	22 690 000
Total Retained Equity	9 203 000	6 905 000	9 520 000	11 922 000
Total Equity	9 831 000	7 532 000	10 147 000	12 550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 160 000	12 581 000	10 334 000	10 140 000
Total Equity and Debt	22 991 000	20 113 000	20 481 000	22 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 447 000	49 896 000	45 144 000	45 038 000
Other Income	0	0	34 000	0
Revenue	53 447 000	49 896 000	45 178 000	45 038 000
Cost of Goods Sold	0	0	0	0
Salary Costs	19 817 000	21 479 000	20 445 000	20 229 000
Depreciation	303 000	368 000	155 000	368 000
Impairment	0	0	0	0
Expenditure	27 956 000	30 089 000	27 914 000	28 234 000
Operating Profit	2 039 000	−2 644 000	−2 464 000	−1 903 000
Financial Income	1 260 000	32 000	64 000	68 000
Financial Costs	0	2 000	3 000	26 000
Financial Balance	1 260 000	30 000	61 000	42 000
Dividends	1 000 000	0	0	0
Net Income	3 298 000	−2 615 000	−2 403 000	−1 592 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 342 000	2 963 000	2 562 000	191 000
Total Tangible Assets	2 342 000	2 963 000	2 562 000	191 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	0
Total Fixed Assets	2 392 000	3 013 000	2 612 000	191 000
Stock	1 184 000	1 349 000	1 093 000	2 029 000
Total Investments	0	0	0	0
Cash, Bank	6 637 000	4 810 000	8 320 000	9 366 000
Total Current Assets	20 598 000	17 100 000	17 869 000	22 499 000
Total Assets	22 991 000	20 113 000	20 481 000	22 690 000
Total Equity	9 831 000	7 532 000	10 147 000	12 550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 561 000	4 696 000	3 135 000	2 960 000
Unpaid Taxes	2 229 000	3 637 000	3 002 000	2 491 000
Dividends	1 000 000	0	0	0
Other Current Debt	3 370 000	4 247 000	4 197 000	4 571 000
Total Current Debt	13 160 000	12 581 000	10 334 000	10 140 000
Total Equity and Debt	22 991 000	20 113 000	20 481 000	22 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,55 %	−34,72 %	−23,68 %	−12,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,81 %	−5,3 %	−5,45 %	−4,23 %
Current Ratio	1,57	1,36	1,73	2,22
Quick Ratio	1,72	1,52	1,93	2,77
Equity Ratio	0,43	0,37	0,5	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %