INMARSAT SOLUTIONS AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

0,24 %

Current Ratio

1,79

Debt-to-Equity Ratio

0,49

Key figures (USD)	2022	2021	2020	2019
Revenue	357 900 000	296 300 000	269 200 000	155 600 000
Net Income	300 000	−500 000	10 100 000	42 500 000
Total Assets	269 300 000	262 400 000	239 100 000	241 300 000
Total Equity	124 800 000	124 400 000	124 800 000	114 700 000

Income (USD)	2022	2021	2020	2019
Revenue	357 900 000	296 300 000	269 200 000	155 600 000
Expenditure	353 400 000	294 400 000	255 000 000	103 500 000
Operating Profit	4 500 000	1 900 000	14 200 000	52 100 000
Financial Income	700 000	800 000	600 000	500 000
Financial Costs	2 500 000	1 900 000	2 500 000	600 000
Financial Balance	−1 800 000	−1 100 000	−1 900 000	−100 000
Earnings Before Tax	2 700 000	800 000	12 300 000	52 000 000
Tax	2 400 000	1 300 000	2 200 000	9 500 000
Net Income	300 000	−500 000	10 100 000	42 500 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	119 100 000	121 400 000	120 500 000	125 100 000
Total Current Assets	150 200 000	141 000 000	118 600 000	116 200 000
Total Assets	269 300 000	262 400 000	239 100 000	241 300 000
Total Retained Equity	40 000 000	39 600 000	40 000 000	29 900 000
Total Equity	124 800 000	124 400 000	124 800 000	114 700 000
Total Long-Term Debt	60 600 000	31 500 000	38 800 000	48 700 000
Total Current Debt	83 900 000	106 500 000	75 500 000	77 900 000
Total Equity and Debt	269 300 000	262 400 000	239 100 000	241 300 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	357 900 000	296 300 000	269 200 000	155 600 000
Other Income	0	0	0	0
Revenue	357 900 000	296 300 000	269 200 000	155 600 000
Cost of Goods Sold	304 700 000	231 800 000	194 600 000	60 600 000
Salary Costs	8 300 000	6 300 000	5 300 000	5 300 000
Depreciation	40 300 000	39 000 000	37 600 000	34 000 000
Impairment	0	0	0	0
Expenditure	353 400 000	294 400 000	255 000 000	103 500 000
Operating Profit	4 500 000	1 900 000	14 200 000	52 100 000
Financial Income	700 000	800 000	600 000	500 000
Financial Costs	2 500 000	1 900 000	2 500 000	600 000
Financial Balance	−1 800 000	−1 100 000	−1 900 000	−100 000
Dividends	0	0	0	0
Net Income	300 000	−500 000	10 100 000	42 500 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 800 000	12 400 000	10 800 000	8 200 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	104 400 000	108 100 000	108 800 000	0
Fixtures	0	0	0	116 000 000
Total Tangible Assets	104 400 000	108 100 000	108 800 000	116 000 000
Total Fiancial Fixed Assets	900 000	900 000	900 000	900 000
Total Fixed Assets	119 100 000	121 400 000	120 500 000	125 100 000
Stock	2 300 000	800 000	500 000	1 100 000
Total Investments	0	0	0	0
Cash, Bank	700 000	1 700 000	600 000	800 000
Total Current Assets	150 200 000	141 000 000	118 600 000	116 200 000
Total Assets	269 300 000	262 400 000	239 100 000	241 300 000
Total Equity	124 800 000	124 400 000	124 800 000	114 700 000
Short-Term Group Debt	41 100 000	69 900 000	35 500 000	30 000 000
Total Long-Term Debt	60 600 000	31 500 000	38 800 000	48 700 000
Creditors	6 600 000	7 100 000	9 500 000	10 500 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	33 500 000	28 300 000	25 300 000	26 300 000
Total Current Debt	83 900 000	106 500 000	75 500 000	77 900 000
Total Equity and Debt	269 300 000	262 400 000	239 100 000	241 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,24 %	−0,4 %	8,09 %	37,05 %
Debt-to-Equity Ratio	0,49	0,25	0,31	0,42
Operating Profit Margin	1,26 %	0,64 %	5,27 %	33,48 %
Current Ratio	1,79	1,32	1,57	1,49
Quick Ratio	1,84	1,33	1,58	1,51
Equity Ratio	0,46	0,47	0,52	0,48
Gross Profit Margin	14,86 %	21,77 %	27,71 %	61,05 %