TENARIS GLOBAL SERVICES NORWAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

6,89 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	94 282 000	80 314 000	96 465 000	109 877 000
Net Income	2 039 000	1 578 000	1 887 000	2 152 000
Total Assets	68 983 000	46 812 000	63 006 000	82 187 000
Total Equity	29 601 000	27 562 000	25 984 000	24 097 000

Income (USD)	2022	2021	2020	2019
Revenue	94 282 000	80 314 000	96 465 000	109 877 000
Expenditure	90 982 000	78 298 000	94 026 000	106 642 000
Operating Profit	3 300 000	2 017 000	2 438 000	3 235 000
Financial Income	297 000	24 000	499 000	194 000
Financial Costs	1 000	139 000	5 000	148 000
Financial Balance	296 000	−115 000	494 000	46 000
Earnings Before Tax	3 595 000	1 902 000	2 932 000	3 281 000
Tax	1 556 000	324 000	1 045 000	1 129 000
Net Income	2 039 000	1 578 000	1 887 000	2 152 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	417 000	520 000	3 021 000	4 252 000
Total Current Assets	68 566 000	46 292 000	59 985 000	77 935 000
Total Assets	68 983 000	46 812 000	63 006 000	82 187 000
Total Retained Equity	29 584 000	27 545 000	25 967 000	24 080 000
Total Equity	29 601 000	27 562 000	25 984 000	24 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 382 000	19 250 000	37 022 000	58 090 000
Total Equity and Debt	68 983 000	46 812 000	63 006 000	82 187 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	94 282 000	80 314 000	96 465 000	109 877 000
Other Income	0	0	0	0
Revenue	94 282 000	80 314 000	96 465 000	109 877 000
Cost of Goods Sold	82 883 000	71 994 000	87 581 000	97 134 000
Salary Costs	2 231 000	2 766 000	3 765 000	4 056 000
Depreciation	165 000	833 000	1 256 000	1 012 000
Impairment	0	0	0	0
Expenditure	90 982 000	78 298 000	94 026 000	106 642 000
Operating Profit	3 300 000	2 017 000	2 438 000	3 235 000
Financial Income	297 000	24 000	499 000	194 000
Financial Costs	1 000	139 000	5 000	148 000
Financial Balance	296 000	−115 000	494 000	46 000
Dividends	0	0	0	0
Net Income	2 039 000	1 578 000	1 887 000	2 152 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	57 000	251 000	63 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	381 000	464 000	2 373 000	3 821 000
Total Tangible Assets	381 000	464 000	2 373 000	3 821 000
Total Fiancial Fixed Assets	0	0	397 000	369 000
Total Fixed Assets	417 000	520 000	3 021 000	4 252 000
Stock	44 609 000	16 895 000	33 251 000	31 017 000
Total Investments	0	0	0	0
Cash, Bank	14 574 000	20 016 000	11 007 000	25 180 000
Total Current Assets	68 566 000	46 292 000	59 985 000	77 935 000
Total Assets	68 983 000	46 812 000	63 006 000	82 187 000
Total Equity	29 601 000	27 562 000	25 984 000	24 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 124 000	18 721 000	34 626 000	56 410 000
Unpaid Taxes	109 000	63 000	87 000	2 000
Dividends	0	0	0	0
Other Current Debt	5 592 000	340 000	1 074 000	464 000
Total Current Debt	39 382 000	19 250 000	37 022 000	58 090 000
Total Equity and Debt	68 983 000	46 812 000	63 006 000	82 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,89 %	5,73 %	7,26 %	8,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,5 %	2,51 %	2,53 %	2,94 %
Current Ratio	1,74	2,4	1,62	1,34
Quick Ratio	−13,12	19,66	15,91	2,88
Equity Ratio	0,43	0,59	0,41	0,29
Gross Profit Margin	12,09 %	10,36 %	9,21 %	11,6 %