GIGANTE OFFSHORE AS

8006 BODØ

Finances

Share Ownership

Return on Equity

−10,25 %

Current Ratio

5,57

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	300 000
Net Income	−812 000	−655 000	−552 000	−721 000
Total Assets	8 932 000	6 399 000	6 754 000	6 956 000
Total Equity	7 925 000	5 974 000	5 325 000	5 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	300 000
Expenditure	1 049 000	841 000	711 000	1 232 000
Operating Profit	−1 048 000	−841 000	−710 000	−932 000
Financial Income	8 000	1 000	2 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	2 000	8 000
Earnings Before Tax	−1 041 000	−840 000	−708 000	−924 000
Tax	−229 000	−185 000	−156 000	−203 000
Net Income	−812 000	−655 000	−552 000	−721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 819 000	6 335 000	6 510 000	6 450 000
Total Current Assets	3 112 000	65 000	244 000	505 000
Total Assets	8 932 000	6 399 000	6 754 000	6 956 000
Total Retained Equity	0	0	0	0
Total Equity	7 925 000	5 974 000	5 325 000	5 877 000
Total Long-Term Debt	447 000	425 000	1 415 000	250 000
Total Current Debt	559 000	0	14 000	828 000
Total Equity and Debt	8 932 000	6 399 000	6 754 000	6 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	300 000
Revenue	0	0	0	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	119 000	0	0	0
Depreciation	716 000	701 000	701 000	810 000
Impairment	0	0	0	0
Expenditure	1 049 000	841 000	711 000	1 232 000
Operating Profit	−1 048 000	−841 000	−710 000	−932 000
Financial Income	8 000	1 000	2 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	2 000	8 000
Dividends	0	0	0	0
Net Income	−812 000	−655 000	−552 000	−721 000

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	5 299 000	5 814 000	6 510 000	6 450 000
Fixtures	0	0	0	0
Total Tangible Assets	5 299 000	5 814 000	6 510 000	6 450 000
Total Fiancial Fixed Assets	520 000	520 000	0	0
Total Fixed Assets	5 819 000	6 335 000	6 510 000	6 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 971 000	65 000	161 000	465 000
Total Current Assets	3 112 000	65 000	244 000	505 000
Total Assets	8 932 000	6 399 000	6 754 000	6 956 000
Total Equity	7 925 000	5 974 000	5 325 000	5 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	447 000	425 000	1 415 000	250 000
Creditors	0	0	14 000	828 000
Unpaid Taxes	20 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	0	0	0
Total Current Debt	559 000	0	14 000	828 000
Total Equity and Debt	8 932 000	6 399 000	6 754 000	6 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,25 %	−10,96 %	−10,37 %	−12,27 %
Debt-to-Equity Ratio	0,06	0,07	0,27	0,04
Operating Profit Margin	-	-	-	−310,67 %
Current Ratio	5,57	-	17,43	0,61
Quick Ratio	5,57	-	17,43	0,61
Equity Ratio	0,89	0,93	0,79	0,84
Gross Profit Margin	-	-	-	100 %