INTERNATIONAL OILFIELD SERVICES AS

4029 STAVANGER

Finances

Return on Equity

−8,57 %

Current Ratio

1 959,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 122 000	−2 957 000	12 434 000	7 700 000
Total Assets	48 143 000	52 319 000	55 249 000	62 905 000
Total Equity	48 125 000	52 247 000	55 204 000	42 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	538 000	554 000	459 000	403 000
Operating Profit	−539 000	−554 000	−459 000	−403 000
Financial Income	−568 000	−2 189 000	12 338 000	8 456 000
Financial Costs	3 015 000	214 000	−555 000	353 000
Financial Balance	−3 583 000	−2 403 000	12 893 000	8 103 000
Earnings Before Tax	−4 122 000	−2 957 000	12 434 000	7 700 000
Tax	0	0	0	0
Net Income	−4 122 000	−2 957 000	12 434 000	7 700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 875 000	15 452 000	14 014 000	14 014 000
Total Current Assets	35 268 000	36 868 000	41 234 000	48 891 000
Total Assets	48 143 000	52 319 000	55 249 000	62 905 000
Total Retained Equity	41 155 000	45 277 000	48 234 000	35 800 000
Total Equity	48 125 000	52 247 000	55 204 000	42 770 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 000	72 000	45 000	20 135 000
Total Equity and Debt	48 143 000	52 319 000	55 249 000	62 905 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	226 000	167 000	148 000	143 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	538 000	554 000	459 000	403 000
Operating Profit	−539 000	−554 000	−459 000	−403 000
Financial Income	−568 000	−2 189 000	12 338 000	8 456 000
Financial Costs	3 015 000	214 000	−555 000	353 000
Financial Balance	−3 583 000	−2 403 000	12 893 000	8 103 000
Dividends	0	0	0	20 000 000
Net Income	−4 122 000	−2 957 000	12 434 000	7 700 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	12 875 000	15 452 000	14 014 000	14 014 000
Total Fixed Assets	12 875 000	15 452 000	14 014 000	14 014 000
Stock	0	0	0	0
Total Investments	24 577 000	30 160 000	34 746 000	42 466 000
Cash, Bank	10 690 000	2 993 000	3 175 000	3 302 000
Total Current Assets	35 268 000	36 868 000	41 234 000	48 891 000
Total Assets	48 143 000	52 319 000	55 249 000	62 905 000
Total Equity	48 125 000	52 247 000	55 204 000	42 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	32 000	30 000
Unpaid Taxes	17 000	13 000	13 000	11 000
Dividends	0	0	0	20 000 000
Other Current Debt	0	59 000	0	94 000
Total Current Debt	18 000	72 000	45 000	20 135 000
Total Equity and Debt	48 143 000	52 319 000	55 249 000	62 905 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,57 %	−5,66 %	22,52 %	18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1 959,33	512,06	916,31	2,43
Quick Ratio	1 959,33	512,06	916,31	2,43
Equity Ratio	1	1	1	0,68
Gross Profit Margin	-	-	-	-