TIDEWATER NORGE AS

4307 SANDNES

Finances

Return on Equity

−36,63 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	11 569 000	13 243 000	296 136 000	163 764 000
Net Income	−20 611 000	57 053 000	−4 679 000	−227 663 000
Total Assets	753 243 000	724 929 000	1 189 545 000	1 132 334 000
Total Equity	56 273 000	76 884 000	70 663 000	75 342 000

Income (NOK)	2021	2020	2019	2018
Revenue	11 569 000	13 243 000	296 136 000	163 764 000
Expenditure	19 526 000	−34 100 000	283 355 000	129 851 000
Operating Profit	−7 957 000	47 343 000	12 780 000	33 912 000
Financial Income	30 709 000	19 737 000	21 739 000	27 872 000
Financial Costs	43 363 000	10 027 000	36 386 000	284 608 000
Financial Balance	−12 654 000	9 710 000	−14 647 000	−256 736 000
Earnings Before Tax	−20 611 000	57 053 000	−1 867 000	−222 825 000
Tax	0	0	2 812 000	4 838 000
Net Income	−20 611 000	57 053 000	−4 679 000	−227 663 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	285 794 000	652 295 000	1 070 786 000	1 058 015 000
Total Current Assets	467 449 000	72 634 000	118 760 000	74 319 000
Total Assets	753 243 000	724 929 000	1 189 545 000	1 132 334 000
Total Retained Equity	0	−782 476 000	−788 697 000	−784 018 000
Total Equity	56 273 000	76 884 000	70 663 000	75 342 000
Total Long-Term Debt	0	589 966 000	1 044 820 000	1 033 524 000
Total Current Debt	696 970 000	58 079 000	74 062 000	23 468 000
Total Equity and Debt	753 243 000	724 929 000	1 189 545 000	1 132 334 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	11 569 000	13 243 000	296 136 000	161 805 000
Other Income	0	0	0	1 959 000
Revenue	11 569 000	13 243 000	296 136 000	163 764 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 569 000	13 243 000	194 665 000	139 696 000
Depreciation	0	0	43 340 000	52 291 000
Impairment	7 957 000	−47 343 000	5 237 000	−69 320 000
Expenditure	19 526 000	−34 100 000	283 355 000	129 851 000
Operating Profit	−7 957 000	47 343 000	12 780 000	33 912 000
Financial Income	30 709 000	19 737 000	21 739 000	27 872 000
Financial Costs	43 363 000	10 027 000	36 386 000	284 608 000
Financial Balance	−12 654 000	9 710 000	−14 647 000	−256 736 000
Dividends	0	0	0	0
Net Income	−20 611 000	57 053 000	−4 679 000	−227 663 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 508 000	11 281 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	1 169 000	0
Total Tangible Assets	0	0	677 456 000	699 274 000
Total Fiancial Fixed Assets	285 794 000	652 295 000	384 821 000	347 460 000
Total Fixed Assets	285 794 000	652 295 000	1 070 786 000	1 058 015 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	810 000	890 000	28 804 000	35 774 000
Total Current Assets	467 449 000	72 634 000	118 760 000	74 319 000
Total Assets	753 243 000	724 929 000	1 189 545 000	1 132 334 000
Total Equity	56 273 000	76 884 000	70 663 000	75 342 000
Short-Term Group Debt	694 949 000	0	29 727 000	4 914 000
Total Long-Term Debt	0	589 966 000	1 044 820 000	1 033 524 000
Creditors	0	0	12 896 000	3 441 000
Unpaid Taxes	827 000	793 000	11 691 000	7 414 000
Dividends	0	0	0	0
Other Current Debt	1 194 000	57 286 000	19 709 000	7 659 000
Total Current Debt	696 970 000	58 079 000	74 062 000	23 468 000
Total Equity and Debt	753 243 000	724 929 000	1 189 545 000	1 132 334 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−36,63 %	74,21 %	−6,62 %	−302,17 %
Debt-to-Equity Ratio	0	7,67	14,79	13,72
Operating Profit Margin	−68,78 %	357,49 %	4,32 %	20,71 %
Current Ratio	0,67	1,25	1,6	3,17
Quick Ratio	0,67	1,25	1,6	3,17
Equity Ratio	0,07	0,11	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %