TDW OFFSHORE SERVICES AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

21,14 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	153 317 000	128 177 000	131 760 000	212 614 000
Net Income	4 169 000	−11 802 000	−12 500 000	−12 968 000
Total Assets	161 158 000	125 453 000	115 900 000	131 219 000
Total Equity	19 718 000	15 550 000	27 352 000	39 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	153 317 000	128 177 000	131 760 000	212 614 000
Expenditure	146 501 000	136 377 000	143 293 000	212 454 000
Operating Profit	6 817 000	−8 200 000	−11 533 000	160 000
Financial Income	2 498 000	76 000	42 000	37 000
Financial Costs	5 010 000	3 321 000	985 000	4 617 000
Financial Balance	−2 512 000	−3 245 000	−943 000	−4 580 000
Earnings Before Tax	4 305 000	−11 445 000	−12 475 000	−4 419 000
Tax	136 000	358 000	25 000	8 548 000
Net Income	4 169 000	−11 802 000	−12 500 000	−12 968 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 886 000	41 547 000	39 346 000	40 591 000
Total Current Assets	111 272 000	83 906 000	76 554 000	90 629 000
Total Assets	161 158 000	125 453 000	115 900 000	131 219 000
Total Retained Equity	−27 263 000	−31 432 000	−19 630 000	−7 130 000
Total Equity	19 718 000	15 550 000	27 352 000	39 852 000
Total Long-Term Debt	4 557 000	4 583 000	4 540 000	4 332 000
Total Current Debt	136 882 000	105 320 000	84 008 000	87 035 000
Total Equity and Debt	161 158 000	125 453 000	115 900 000	131 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	153 268 000	128 145 000	131 693 000	212 614 000
Other Income	49 000	32 000	67 000	0
Revenue	153 317 000	128 177 000	131 760 000	212 614 000
Cost of Goods Sold	21 252 000	13 828 000	22 966 000	46 038 000
Salary Costs	88 738 000	83 175 000	79 313 000	117 536 000
Depreciation	9 272 000	11 254 000	13 477 000	13 940 000
Impairment	0	0	0	0
Expenditure	146 501 000	136 377 000	143 293 000	212 454 000
Operating Profit	6 817 000	−8 200 000	−11 533 000	160 000
Financial Income	2 498 000	76 000	42 000	37 000
Financial Costs	5 010 000	3 321 000	985 000	4 617 000
Financial Balance	−2 512 000	−3 245 000	−943 000	−4 580 000
Dividends	0	0	0	0
Net Income	4 169 000	−11 802 000	−12 500 000	−12 968 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 658 000	3 417 000	4 177 000	4 991 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 101 000	31 384 000	26 391 000	18 490 000
Fixtures	6 126 000	6 745 000	8 777 000	17 108 000
Total Tangible Assets	47 227 000	38 129 000	35 169 000	35 599 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	49 886 000	41 547 000	39 346 000	40 591 000
Stock	19 899 000	14 082 000	12 009 000	20 145 000
Total Investments	0	0	0	0
Cash, Bank	7 979 000	3 416 000	3 508 000	4 635 000
Total Current Assets	111 272 000	83 906 000	76 554 000	90 629 000
Total Assets	161 158 000	125 453 000	115 900 000	131 219 000
Total Equity	19 718 000	15 550 000	27 352 000	39 852 000
Short-Term Group Debt	0	0	0	25 221 000
Total Long-Term Debt	4 557 000	4 583 000	4 540 000	4 332 000
Creditors	9 672 000	9 073 000	5 260 000	5 860 000
Unpaid Taxes	4 216 000	4 840 000	7 742 000	6 486 000
Dividends	0	0	0	0
Other Current Debt	23 554 000	43 412 000	39 282 000	49 469 000
Total Current Debt	136 882 000	105 320 000	84 008 000	87 035 000
Total Equity and Debt	161 158 000	125 453 000	115 900 000	131 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,14 %	−75,9 %	−45,7 %	−32,54 %
Debt-to-Equity Ratio	0,23	0,29	0,17	0,11
Operating Profit Margin	4,45 %	−6,4 %	−8,75 %	0,08 %
Current Ratio	0,81	0,8	0,91	1,04
Quick Ratio	0,95	0,92	1,06	1,35
Equity Ratio	0,12	0,12	0,24	0,3
Gross Profit Margin	86,14 %	89,21 %	82,57 %	78,35 %