DRIL-QUIP EUROPE LTD

4033 STAVANGER

Finances

Share Ownership

Return on Equity

8,09 %

Current Ratio

3,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 563 000	154 220 000	120 232 000	197 956 000
Net Income	9 294 000	7 159 000	−2 665 000	35 499 000
Total Assets	147 268 000	169 626 000	150 022 000	180 018 000
Total Equity	114 906 000	126 098 000	123 256 000	154 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 563 000	154 220 000	120 232 000	197 956 000
Expenditure	107 082 000	146 149 000	122 834 000	155 702 000
Operating Profit	15 482 000	8 071 000	−2 601 000	42 253 000
Financial Income	74 000	1 940 000	2 098 000	3 754 000
Financial Costs	3 613 000	826 000	2 909 000	483 000
Financial Balance	−3 539 000	1 114 000	−811 000	3 271 000
Earnings Before Tax	11 943 000	9 184 000	−3 412 000	45 524 000
Tax	2 649 000	2 025 000	−747 000	10 025 000
Net Income	9 294 000	7 159 000	−2 665 000	35 499 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 894 000	40 961 000	29 150 000	30 422 000
Total Current Assets	100 374 000	128 665 000	120 872 000	149 597 000
Total Assets	147 268 000	169 626 000	150 022 000	180 018 000
Total Retained Equity	114 906 000	126 098 000	123 256 000	154 535 000
Total Equity	114 906 000	126 098 000	123 256 000	154 535 000
Total Long-Term Debt	642 000	1 070 000	1 478 000	1 866 000
Total Current Debt	31 720 000	42 459 000	25 289 000	23 617 000
Total Equity and Debt	147 268 000	169 626 000	150 022 000	180 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 563 000	154 220 000	120 232 000	197 956 000
Other Income	0	0	0	0
Revenue	122 563 000	154 220 000	120 232 000	197 956 000
Cost of Goods Sold	46 349 000	94 775 000	64 922 000	104 170 000
Salary Costs	29 800 000	29 728 000	30 098 000	31 772 000
Depreciation	4 830 000	3 084 000	2 120 000	1 920 000
Impairment	0	0	0	0
Expenditure	107 082 000	146 149 000	122 834 000	155 702 000
Operating Profit	15 482 000	8 071 000	−2 601 000	42 253 000
Financial Income	74 000	1 940 000	2 098 000	3 754 000
Financial Costs	3 613 000	826 000	2 909 000	483 000
Financial Balance	−3 539 000	1 114 000	−811 000	3 271 000
Dividends	0	0	0	0
Net Income	9 294 000	7 159 000	−2 665 000	35 499 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 151 000	8 826 000	4 047 000	3 300 000
Real Eastate	21 012 000	22 716 000	24 587 000	26 439 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 731 000	9 418 000	516 000	683 000
Total Tangible Assets	38 743 000	32 135 000	25 103 000	27 122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 894 000	40 961 000	29 150 000	30 422 000
Stock	57 250 000	79 246 000	105 152 000	98 502 000
Total Investments	0	0	0	0
Cash, Bank	1 167 000	15 638 000	2 824 000	28 833 000
Total Current Assets	100 374 000	128 665 000	120 872 000	149 597 000
Total Assets	147 268 000	169 626 000	150 022 000	180 018 000
Total Equity	114 906 000	126 098 000	123 256 000	154 535 000
Short-Term Group Debt	20 438 000	25 413 000	14 561 000	2 152 000
Total Long-Term Debt	642 000	1 070 000	1 478 000	1 866 000
Creditors	375 000	594 000	326 000	1 384 000
Unpaid Taxes	1 762 000	1 818 000	1 911 000	2 340 000
Dividends	0	0	0	0
Other Current Debt	7 188 000	7 830 000	8 490 000	11 598 000
Total Current Debt	31 720 000	42 459 000	25 289 000	23 617 000
Total Equity and Debt	147 268 000	169 626 000	150 022 000	180 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,09 %	5,68 %	−2,16 %	22,97 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	12,63 %	5,23 %	−2,16 %	21,34 %
Current Ratio	3,16	3,03	4,78	6,33
Quick Ratio	−3,93	−3,5	−1,51	−2
Equity Ratio	0,78	0,74	0,82	0,86
Gross Profit Margin	62,18 %	38,55 %	46 %	47,38 %