WEATHERFORD NORGE AS

4313 SANDNES

Finances

Return on Equity

−7,2 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 068 421 000	1 257 315 000	1 141 493 000	914 233 000
Net Income	−19 618 000	73 524 000	64 225 000	62 534 000
Total Assets	678 838 000	867 715 000	811 378 000	674 157 000
Total Equity	272 436 000	292 054 000	218 530 000	154 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 068 421 000	1 257 315 000	1 141 493 000	914 233 000
Expenditure	1 103 661 000	1 193 229 000	1 068 872 000	999 410 000
Operating Profit	−35 240 000	64 086 000	72 622 000	−85 176 000
Financial Income	27 382 000	17 106 000	38 308 000	166 300 000
Financial Costs	13 796 000	12 902 000	51 792 000	19 664 000
Financial Balance	13 586 000	4 204 000	−13 484 000	146 636 000
Earnings Before Tax	−21 655 000	68 290 000	59 138 000	61 461 000
Tax	−2 037 000	−5 235 000	−5 087 000	−1 072 000
Net Income	−19 618 000	73 524 000	64 225 000	62 534 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 684 000	127 696 000	163 340 000	160 195 000
Total Current Assets	480 153 000	740 020 000	648 038 000	513 962 000
Total Assets	678 838 000	867 715 000	811 378 000	674 157 000
Total Retained Equity	250 286 000	269 904 000	196 379 000	132 155 000
Total Equity	272 436 000	292 054 000	218 530 000	154 305 000
Total Long-Term Debt	75 406 000	137 980 000	139 594 000	210 063 000
Total Current Debt	330 995 000	437 681 000	453 254 000	309 789 000
Total Equity and Debt	678 838 000	867 715 000	811 378 000	674 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 065 690 000	1 249 841 000	1 138 614 000	903 954 000
Other Income	2 732 000	7 473 000	2 880 000	10 279 000
Revenue	1 068 421 000	1 257 315 000	1 141 493 000	914 233 000
Cost of Goods Sold	244 485 000	363 484 000	298 089 000	214 182 000
Salary Costs	463 707 000	435 541 000	412 069 000	389 511 000
Depreciation	32 190 000	43 320 000	51 058 000	56 975 000
Impairment	0	0	0	0
Expenditure	1 103 661 000	1 193 229 000	1 068 872 000	999 410 000
Operating Profit	−35 240 000	64 086 000	72 622 000	−85 176 000
Financial Income	27 382 000	17 106 000	38 308 000	166 300 000
Financial Costs	13 796 000	12 902 000	51 792 000	19 664 000
Financial Balance	13 586 000	4 204 000	−13 484 000	146 636 000
Dividends	0	0	0	0
Net Income	−19 618 000	73 524 000	64 225 000	62 534 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 613 000	12 576 000	7 341 000	2 284 000
Real Eastate	212 000	299 000	422 000	545 000
Machinery and Plant Facilities	79 403 000	114 617 000	154 700 000	155 725 000
Fixtures	0	203 000	876 000	1 641 000
Total Tangible Assets	79 614 000	115 119 000	155 998 000	157 911 000
Total Fiancial Fixed Assets	104 457 000	0	0	0
Total Fixed Assets	198 684 000	127 696 000	163 340 000	160 195 000
Stock	224 817 000	243 457 000	227 814 000	149 981 000
Total Investments	0	0	0	0
Cash, Bank	42 772 000	68 724 000	59 914 000	56 741 000
Total Current Assets	480 153 000	740 020 000	648 038 000	513 962 000
Total Assets	678 838 000	867 715 000	811 378 000	674 157 000
Total Equity	272 436 000	292 054 000	218 530 000	154 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 406 000	137 980 000	139 594 000	210 063 000
Creditors	171 933 000	283 893 000	319 263 000	183 095 000
Unpaid Taxes	29 664 000	34 568 000	31 484 000	31 722 000
Dividends	0	0	0	0
Other Current Debt	129 398 000	119 220 000	102 507 000	94 972 000
Total Current Debt	330 995 000	437 681 000	453 254 000	309 789 000
Total Equity and Debt	678 838 000	867 715 000	811 378 000	674 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,2 %	25,17 %	29,39 %	40,53 %
Debt-to-Equity Ratio	0,28	0,47	0,64	1,36
Operating Profit Margin	−3,3 %	5,1 %	6,36 %	−9,32 %
Current Ratio	1,45	1,69	1,43	1,66
Quick Ratio	4,52	3,81	2,87	3,22
Equity Ratio	0,4	0,34	0,27	0,23
Gross Profit Margin	77,12 %	71,09 %	73,89 %	76,57 %