BRANSJEFORENINGEN OFFSHORE NORGE

4020 STAVANGER

Finances

Return on Equity

−1,17 %

Current Ratio

2,34

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 609 000	453 559 000	452 901 000	352 000
Net Income	−1 321 000	5 288 000	16 732 000	11 000
Total Assets	326 867 000	350 603 000	395 958 000	297 000
Total Equity	113 283 000	114 603 000	109 315 000	93 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 609 000	453 559 000	452 901 000	352 000
Expenditure	454 875 000	448 943 000	436 072 000	344 000
Operating Profit	−3 265 000	4 617 000	16 830 000	8 000
Financial Income	2 109 000	723 000	1 450 000	3 000
Financial Costs	165 000	53 000	1 549 000	0
Financial Balance	1 944 000	670 000	−99 000	3 000
Earnings Before Tax	−1 321 000	5 288 000	16 732 000	11 000
Tax	0	0	0	0
Net Income	−1 321 000	5 288 000	16 732 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 867 000	1 657 000	1 714 000	2 000
Total Current Assets	325 000 000	348 946 000	394 244 000	294 000
Total Assets	326 867 000	350 603 000	395 958 000	297 000
Total Retained Equity	95 330 000	96 564 000	90 964 000	93 000
Total Equity	113 283 000	114 603 000	109 315 000	93 000
Total Long-Term Debt	74 957 000	70 783 000	69 816 000	68 000
Total Current Debt	138 628 000	165 217 000	216 827 000	136 000
Total Equity and Debt	326 867 000	350 603 000	395 958 000	297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	286 216 000	290 354 000	294 550 000	0
Other Income	165 394 000	163 205 000	158 351 000	352 000
Revenue	451 609 000	453 559 000	452 901 000	352 000
Cost of Goods Sold	232 270 000	120 879 000	113 685 000	94 000
Salary Costs	131 760 000	119 442 000	122 273 000	118 000
Depreciation	45 463 000	169 470 000	187 574 000	1 000
Impairment	8 779 000	8 436 000	9 706 000	0
Expenditure	454 875 000	448 943 000	436 072 000	344 000
Operating Profit	−3 265 000	4 617 000	16 830 000	8 000
Financial Income	2 109 000	723 000	1 450 000	3 000
Financial Costs	165 000	53 000	1 549 000	0
Financial Balance	1 944 000	670 000	−99 000	3 000
Dividends	0	0	0	0
Net Income	−1 321 000	5 288 000	16 732 000	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 329 000	980 000	980 000	1 000
Machinery and Plant Facilities	0	0	0	1 000
Fixtures	538 000	676 000	734 000	0
Total Tangible Assets	1 867 000	1 657 000	1 714 000	2 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 867 000	1 657 000	1 714 000	2 000
Stock	0	0	0	0
Total Investments	53 000	53 000	53 000	0
Cash, Bank	261 340 000	301 272 000	307 790 000	218 000
Total Current Assets	325 000 000	348 946 000	394 244 000	294 000
Total Assets	326 867 000	350 603 000	395 958 000	297 000
Total Equity	113 283 000	114 603 000	109 315 000	93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	74 957 000	70 783 000	69 816 000	68 000
Creditors	57 162 000	45 445 000	47 206 000	26 000
Unpaid Taxes	6 867 000	8 186 000	6 724 000	7 000
Dividends	0	0	0	0
Other Current Debt	74 599 000	111 585 000	162 898 000	104 000
Total Current Debt	138 628 000	165 217 000	216 827 000	136 000
Total Equity and Debt	326 867 000	350 603 000	395 958 000	297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,17 %	4,61 %	15,31 %	11,83 %
Debt-to-Equity Ratio	0,66	0,62	0,64	0,73
Operating Profit Margin	−0,72 %	1,02 %	3,72 %	2,27 %
Current Ratio	2,34	2,11	1,82	2,16
Quick Ratio	2,34	2,11	1,82	2,16
Equity Ratio	0,35	0,33	0,28	0,31
Gross Profit Margin	48,57 %	73,35 %	74,9 %	73,3 %