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4005 STAVANGER

Finances

Share Ownership

Return on Equity

15,82 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,76

Key figures (USD)	2022	2021	2020	2019
Revenue	196 666 000	170 221 000	176 071 000	134 933 000
Net Income	75 896 000	46 737 000	37 565 000	4 926 000
Total Assets	881 750 000	958 470 000	990 786 000	1 017 622 000
Total Equity	479 670 000	470 275 000	460 637 000	423 072 000

Income (USD)	2022	2021	2020	2019
Revenue	196 666 000	170 221 000	176 071 000	134 933 000
Expenditure	113 981 000	114 610 000	112 299 000	105 172 000
Operating Profit	82 685 000	55 611 000	63 772 000	29 761 000
Financial Income	14 993 000	10 310 000	452 000	4 130 000
Financial Costs	21 782 000	19 184 000	26 497 000	28 965 000
Financial Balance	−6 789 000	−8 874 000	−26 045 000	−24 835 000
Earnings Before Tax	75 896 000	46 737 000	37 727 000	4 926 000
Tax	0	0	162 000	0
Net Income	75 896 000	46 737 000	37 565 000	4 926 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	828 708 000	896 989 000	953 469 000	982 279 000
Total Current Assets	53 042 000	61 481 000	37 317 000	35 343 000
Total Assets	881 750 000	958 470 000	990 786 000	1 017 622 000
Total Retained Equity	257 737 000	223 716 000	205 792 000	170 578 000
Total Equity	479 670 000	470 275 000	460 637 000	423 072 000
Total Long-Term Debt	365 370 000	424 086 000	442 166 000	509 129 000
Total Current Debt	36 710 000	64 110 000	87 983 000	85 422 000
Total Equity and Debt	881 750 000	958 470 000	990 786 000	1 017 623 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	177 482 000	157 745 000	159 944 000	129 187 000
Other Income	19 184 000	12 476 000	16 127 000	5 746 000
Revenue	196 666 000	170 221 000	176 071 000	134 933 000
Cost of Goods Sold	27 975 000	28 380 000	26 851 000	28 551 000
Salary Costs	35 976 000	36 236 000	34 620 000	30 623 000
Depreciation	44 517 000	45 918 000	47 490 000	42 665 000
Impairment	0	0	0	0
Expenditure	113 981 000	114 610 000	112 299 000	105 172 000
Operating Profit	82 685 000	55 611 000	63 772 000	29 761 000
Financial Income	14 993 000	10 310 000	452 000	4 130 000
Financial Costs	21 782 000	19 184 000	26 497 000	28 965 000
Financial Balance	−6 789 000	−8 874 000	−26 045 000	−24 835 000
Dividends	0	0	0	0
Net Income	75 896 000	46 737 000	37 565 000	4 926 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 063 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	760 349 000	806 769 000	850 296 000	890 085 000
Total Fiancial Fixed Assets	68 358 000	90 220 000	103 173 000	91 131 000
Total Fixed Assets	828 708 000	896 989 000	953 469 000	982 279 000
Stock	4 035 000	5 272 000	3 989 000	3 971 000
Total Investments	0	0	0	0
Cash, Bank	1 069 000	0	16 867 000	20 334 000
Total Current Assets	53 042 000	61 481 000	37 317 000	35 343 000
Total Assets	881 750 000	958 470 000	990 786 000	1 017 622 000
Total Equity	479 670 000	470 275 000	460 637 000	423 072 000
Short-Term Group Debt	2 037 000	227 000	512 000	1 188 000
Total Long-Term Debt	365 370 000	424 086 000	442 166 000	509 129 000
Creditors	8 386 000	4 628 000	3 524 000	5 078 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 455 000	14 276 000	83 399 000	11 095 000
Total Current Debt	36 710 000	64 110 000	87 983 000	85 422 000
Total Equity and Debt	881 750 000	958 470 000	990 786 000	1 017 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,82 %	9,94 %	8,16 %	1,16 %
Debt-to-Equity Ratio	0,76	0,9	0,96	1,2
Operating Profit Margin	42,04 %	32,67 %	36,22 %	22,06 %
Current Ratio	1,44	0,96	0,42	0,41
Quick Ratio	1,62	1,04	0,44	0,43
Equity Ratio	0,54	0,49	0,46	0,42
Gross Profit Margin	85,78 %	83,33 %	84,75 %	78,84 %