ENHANCED DRILLING AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

76,71 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 867 000	279 352 000	205 206 000	204 522 000
Net Income	219 861 000	13 168 000	−26 042 000	−51 718 000
Total Assets	789 745 000	480 446 000	349 151 000	380 464 000
Total Equity	286 617 000	68 930 000	43 735 000	69 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 867 000	279 352 000	205 206 000	204 522 000
Expenditure	316 299 000	253 298 000	214 033 000	230 586 000
Operating Profit	114 568 000	26 054 000	−8 827 000	−26 064 000
Financial Income	15 825 000	5 199 000	1 091 000	7 163 000
Financial Costs	24 053 000	17 443 000	17 128 000	32 579 000
Financial Balance	−8 228 000	−12 244 000	−16 037 000	−25 416 000
Earnings Before Tax	106 340 000	13 810 000	−24 864 000	−51 480 000
Tax	0	642 000	1 178 000	238 000
Net Income	219 861 000	13 168 000	−26 042 000	−51 718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	584 714 000	354 217 000	218 795 000	262 079 000
Total Current Assets	205 031 000	126 229 000	130 356 000	118 385 000
Total Assets	789 745 000	480 446 000	349 151 000	380 464 000
Total Retained Equity	122 521 000	−95 165 000	−505 167 000	−479 126 000
Total Equity	286 617 000	68 930 000	43 735 000	69 775 000
Total Long-Term Debt	341 291 000	302 609 000	255 284 000	270 000 000
Total Current Debt	161 838 000	108 907 000	50 133 000	40 689 000
Total Equity and Debt	789 746 000	480 446 000	349 152 000	380 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	393 435 000	257 265 000	175 854 000	164 806 000
Other Income	37 432 000	22 087 000	29 352 000	39 716 000
Revenue	430 867 000	279 352 000	205 206 000	204 522 000
Cost of Goods Sold	78 274 000	43 779 000	35 196 000	31 619 000
Salary Costs	113 015 000	100 760 000	91 354 000	98 142 000
Depreciation	89 662 000	85 139 000	62 187 000	69 532 000
Impairment	0	0	0	0
Expenditure	316 299 000	253 298 000	214 033 000	230 586 000
Operating Profit	114 568 000	26 054 000	−8 827 000	−26 064 000
Financial Income	15 825 000	5 199 000	1 091 000	7 163 000
Financial Costs	24 053 000	17 443 000	17 128 000	32 579 000
Financial Balance	−8 228 000	−12 244 000	−16 037 000	−25 416 000
Dividends	0	0	0	0
Net Income	219 861 000	13 168 000	−26 042 000	−51 718 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	149 375 000	40 022 000	30 087 000	38 695 000
Real Eastate	19 923 000	130 000	181 000	10 747 000
Machinery and Plant Facilities	415 234 000	313 883 000	188 462 000	211 548 000
Fixtures	0	0	0	1 024 000
Total Tangible Assets	435 157 000	314 013 000	188 643 000	223 319 000
Total Fiancial Fixed Assets	182 000	182 000	65 000	65 000
Total Fixed Assets	584 714 000	354 217 000	218 795 000	262 079 000
Stock	36 228 000	22 000 000	24 375 000	26 747 000
Total Investments	0	611 000	0	0
Cash, Bank	174 000	169 000	9 335 000	2 964 000
Total Current Assets	205 031 000	126 229 000	130 356 000	118 385 000
Total Assets	789 745 000	480 446 000	349 151 000	380 464 000
Total Equity	286 617 000	68 930 000	43 735 000	69 775 000
Short-Term Group Debt	21 346 000	6 316 000	576 000	1 875 000
Total Long-Term Debt	341 291 000	302 609 000	255 284 000	270 000 000
Creditors	0	0	15 243 000	20 842 000
Unpaid Taxes	0	0	8 154 000	6 023 000
Dividends	0	0	0	0
Other Current Debt	136 742 000	95 091 000	20 535 000	11 949 000
Total Current Debt	161 838 000	108 907 000	50 133 000	40 689 000
Total Equity and Debt	789 746 000	480 446 000	349 152 000	380 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,71 %	19,1 %	−59,54 %	−74,12 %
Debt-to-Equity Ratio	1,19	4,39	5,84	3,87
Operating Profit Margin	26,59 %	9,33 %	−4,3 %	−12,74 %
Current Ratio	1,27	1,16	2,6	2,91
Quick Ratio	1,63	1,45	5,06	8,49
Equity Ratio	0,36	0,14	0,13	0,18
Gross Profit Margin	81,83 %	84,33 %	82,85 %	84,54 %