PROSAFE AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

101,56 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 778 000	184 259 000	24 985 000	27 719 000
Net Income	29 152 000	15 663 000	−635 812 000	−44 781 000
Total Assets	194 850 000	106 209 000	500 400 000	1 028 160 000
Total Equity	28 704 000	−449 699 000	−465 362 000	136 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 778 000	184 259 000	24 985 000	27 719 000
Expenditure	690 519 000	179 614 000	17 791 000	26 667 000
Operating Profit	50 260 000	4 645 000	7 194 000	1 052 000
Financial Income	34 321 000	34 474 000	13 783 000	239 000
Financial Costs	38 769 000	16 787 000	662 307 000	58 695 000
Financial Balance	−4 448 000	17 687 000	−648 524 000	−58 456 000
Earnings Before Tax	45 812 000	22 331 000	−641 331 000	−57 404 000
Tax	16 660 000	6 668 000	−5 519 000	−12 623 000
Net Income	29 152 000	15 663 000	−635 812 000	−44 781 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 989 000	1 413 000	295 286 000	910 435 000
Total Current Assets	181 860 000	104 796 000	205 114 000	117 725 000
Total Assets	194 850 000	106 209 000	500 400 000	1 028 160 000
Total Retained Equity	−433 656 000	−450 799 000	−466 462 000	35 499 000
Total Equity	28 704 000	−449 699 000	−465 362 000	136 499 000
Total Long-Term Debt	5 611 000	469 598 000	959 581 000	884 426 000
Total Current Debt	160 535 000	86 309 000	6 181 000	7 235 000
Total Equity and Debt	194 850 000	106 209 000	500 400 000	1 028 160 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	713 363 000	170 710 000	0	0
Other Income	27 416 000	13 550 000	24 985 000	27 719 000
Revenue	740 778 000	184 259 000	24 985 000	27 719 000
Cost of Goods Sold	509 975 000	39 450 000	2 640 000	5 928 000
Salary Costs	13 425 000	12 675 000	11 607 000	15 802 000
Depreciation	160 000	200 000	240 000	247 000
Impairment	0	0	0	0
Expenditure	690 519 000	179 614 000	17 791 000	26 667 000
Operating Profit	50 260 000	4 645 000	7 194 000	1 052 000
Financial Income	34 321 000	34 474 000	13 783 000	239 000
Financial Costs	38 769 000	16 787 000	662 307 000	58 695 000
Financial Balance	−4 448 000	17 687 000	−648 524 000	−58 456 000
Dividends	0	0	0	0
Net Income	29 152 000	15 663 000	−635 812 000	−44 781 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	54 000	180 000	349 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	31 000	62 000	558 000
Total Tangible Assets	147 000	211 000	411 000	558 000
Total Fiancial Fixed Assets	12 843 000	1 202 000	294 874 000	909 877 000
Total Fixed Assets	12 989 000	1 413 000	295 286 000	910 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 638 000	53 960 000	204 261 000	10 805 000
Total Current Assets	181 860 000	104 796 000	205 114 000	117 725 000
Total Assets	194 850 000	106 209 000	500 400 000	1 028 160 000
Total Equity	28 704 000	−449 699 000	−465 362 000	136 499 000
Short-Term Group Debt	114 280 000	36 189 000	2 803 000	0
Total Long-Term Debt	5 611 000	469 598 000	959 581 000	884 426 000
Creditors	1 984 000	0	891 000	3 814 000
Unpaid Taxes	718 000	758 000	639 000	13 000
Dividends	0	0	0	0
Other Current Debt	23 071 000	45 276 000	1 847 000	3 408 000
Total Current Debt	160 535 000	86 309 000	6 181 000	7 235 000
Total Equity and Debt	194 850 000	106 209 000	500 400 000	1 028 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	101,56 %	−3,48 %	136,63 %	−32,81 %
Debt-to-Equity Ratio	0,2	−1,04	−2,06	6,48
Operating Profit Margin	6,78 %	2,52 %	28,79 %	3,8 %
Current Ratio	1,13	1,21	33,18	16,27
Quick Ratio	1,13	1,21	33,18	16,27
Equity Ratio	0,15	−4,23	−0,93	0,13
Gross Profit Margin	31,16 %	78,59 %	89,43 %	78,61 %