OFFSHORE & INDUSTRIPRODUKT AS

6018 ÅLESUND

Finances

Return on Equity

−305,32 %

Current Ratio

1,7

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 453 000	3 704 000	1 585 000	1 222 000
Net Income	−1 377 000	866 000	−911 000	202 000
Total Assets	4 208 000	4 466 000	4 621 000	5 122 000
Total Equity	451 000	1 528 000	662 000	1 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 453 000	3 704 000	1 585 000	1 222 000
Expenditure	1 703 000	2 658 000	2 294 000	664 000
Operating Profit	−1 218 000	1 047 000	−710 000	557 000
Financial Income	18 000	5 000	24 000	5 000
Financial Costs	177 000	186 000	225 000	360 000
Financial Balance	−159 000	−181 000	−201 000	−355 000
Earnings Before Tax	−1 377 000	866 000	−911 000	202 000
Tax	0	0	0	0
Net Income	−1 377 000	866 000	−911 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	3 000	67 000	107 000
Total Current Assets	4 179 000	4 463 000	4 554 000	5 015 000
Total Assets	4 208 000	4 466 000	4 621 000	5 122 000
Total Retained Equity	−149 000	928 000	62 000	973 000
Total Equity	451 000	1 528 000	662 000	1 573 000
Total Long-Term Debt	1 305 000	1 308 000	828 000	658 000
Total Current Debt	2 452 000	1 631 000	3 130 000	2 891 000
Total Equity and Debt	4 208 000	4 466 000	4 621 000	5 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	954 000	3 704 000	1 585 000	1 222 000
Other Income	499 000	0	0	0
Revenue	1 453 000	3 704 000	1 585 000	1 222 000
Cost of Goods Sold	192 000	1 642 000	139 000	−65 000
Salary Costs	689 000	1 118 000	789 000	7 000
Depreciation	0	64 000	40 000	53 000
Impairment	79 000	0	0	0
Expenditure	1 703 000	2 658 000	2 294 000	664 000
Operating Profit	−1 218 000	1 047 000	−710 000	557 000
Financial Income	18 000	5 000	24 000	5 000
Financial Costs	177 000	186 000	225 000	360 000
Financial Balance	−159 000	−181 000	−201 000	−355 000
Dividends	0	0	0	0
Net Income	−1 377 000	866 000	−911 000	202 000

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	26 000	8 000	0	0
Fixtures	3 000	−5 000	67 000	107 000
Total Tangible Assets	29 000	3 000	67 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	3 000	67 000	107 000
Stock	2 583 000	3 663 000	4 479 000	4 479 000
Total Investments	0	0	0	0
Cash, Bank	436 000	−326 000	0	0
Total Current Assets	4 179 000	4 463 000	4 554 000	5 015 000
Total Assets	4 208 000	4 466 000	4 621 000	5 122 000
Total Equity	451 000	1 528 000	662 000	1 573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 305 000	1 308 000	828 000	658 000
Creditors	0	−741 000	81 000	77 000
Unpaid Taxes	60 000	89 000	204 000	90 000
Dividends	0	0	0	0
Other Current Debt	460 000	350 000	167 000	157 000
Total Current Debt	2 452 000	1 631 000	3 130 000	2 891 000
Total Equity and Debt	4 208 000	4 466 000	4 621 000	5 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−305,32 %	56,68 %	−137,61 %	12,84 %
Debt-to-Equity Ratio	2,89	0,86	1,25	0,42
Operating Profit Margin	−83,83 %	28,27 %	−44,79 %	45,58 %
Current Ratio	1,7	2,74	1,45	1,73
Quick Ratio	−31,9	−2,2	−3,38	−3,16
Equity Ratio	0,11	0,34	0,14	0,31
Gross Profit Margin	86,79 %	55,67 %	91,23 %	105,32 %