TIDEWATER REDERI AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

−4,69 %

Current Ratio

0,25

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	323 282 000	375 058 000	257 225 000	161 805 000
Net Income	−7 957 000	47 343 000	−13 259 000	−209 215 000
Total Assets	898 717 000	868 693 000	954 308 000	908 657 000
Total Equity	169 559 000	177 516 000	130 173 000	143 432 000

Income (NOK)	2021	2020	2019	2018
Revenue	323 282 000	375 058 000	257 225 000	161 805 000
Expenditure	292 175 000	335 122 000	246 219 000	129 964 000
Operating Profit	31 108 000	39 936 000	11 006 000	31 841 000
Financial Income	3 424 000	14 103 000	13 830 000	17 766 000
Financial Costs	42 712 000	6 407 000	38 056 000	258 631 000
Financial Balance	−39 288 000	7 696 000	−24 226 000	−240 865 000
Earnings Before Tax	−8 180 000	47 632 000	−13 220 000	−209 024 000
Tax	−223 000	289 000	39 000	191 000
Net Income	−7 957 000	47 343 000	−13 259 000	−209 215 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	717 616 000	697 675 000	807 195 000	808 493 000
Total Current Assets	181 101 000	171 019 000	147 113 000	100 163 000
Total Assets	898 717 000	868 693 000	954 308 000	908 657 000
Total Retained Equity	0	−705 485 000	−752 828 000	−739 569 000
Total Equity	169 559 000	177 516 000	130 173 000	143 432 000
Total Long-Term Debt	0	586 004 000	765 801 000	753 025 000
Total Current Debt	729 158 000	105 174 000	58 334 000	12 199 000
Total Equity and Debt	898 717 000	868 693 000	954 308 000	908 657 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	313 199 000	375 058 000	257 225 000	161 805 000
Other Income	10 083 000	0	0	0
Revenue	323 282 000	375 058 000	257 225 000	161 805 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	46 659 000	45 933 000	43 340 000	52 201 000
Impairment	−78 542 000	−51 247 000	5 237 000	−69 320 000
Expenditure	292 175 000	335 122 000	246 219 000	129 964 000
Operating Profit	31 108 000	39 936 000	11 006 000	31 841 000
Financial Income	3 424 000	14 103 000	13 830 000	17 766 000
Financial Costs	42 712 000	6 407 000	38 056 000	258 631 000
Financial Balance	−39 288 000	7 696 000	−24 226 000	−240 865 000
Dividends	0	0	0	0
Net Income	−7 957 000	47 343 000	−13 259 000	−209 215 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 169 000	0
Total Tangible Assets	717 616 000	690 723 000	677 456 000	699 274 000
Total Fiancial Fixed Assets	0	6 952 000	129 739 000	109 219 000
Total Fixed Assets	717 616 000	697 675 000	807 195 000	808 493 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 553 000	28 162 000	20 072 000	23 862 000
Total Current Assets	181 101 000	171 019 000	147 113 000	100 163 000
Total Assets	898 717 000	868 693 000	954 308 000	908 657 000
Total Equity	169 559 000	177 516 000	130 173 000	143 432 000
Short-Term Group Debt	711 487 000	0	33 327 000	0
Total Long-Term Debt	0	586 004 000	765 801 000	753 025 000
Creditors	8 721 000	5 716 000	11 301 000	2 744 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 917 000	99 169 000	13 667 000	5 669 000
Total Current Debt	729 158 000	105 174 000	58 334 000	12 199 000
Total Equity and Debt	898 717 000	868 693 000	954 308 000	908 657 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−4,69 %	26,67 %	−10,19 %	−145,86 %
Debt-to-Equity Ratio	0	3,3	5,88	5,25
Operating Profit Margin	9,62 %	10,65 %	4,28 %	19,68 %
Current Ratio	0,25	1,63	2,52	8,21
Quick Ratio	0,25	1,63	2,52	8,21
Equity Ratio	0,19	0,2	0,14	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %