CGG SERVICES (NORWAY) AS

0283 OSLO

Finances

Return on Equity

60,64 %

Current Ratio

0,27

Debt-to-Equity Ratio

0,01

Key figures (USD)	2022	2021	2020	2019
Revenue	89 300 000	75 885 000	111 665 000	148 924 000
Net Income	34 068 000	13 431 000	52 262 000	95 648 000
Total Assets	222 489 000	114 086 000	105 343 000	208 049 000
Total Equity	56 177 000	42 344 000	28 913 000	132 240 000

Income (USD)	2022	2021	2020	2019
Revenue	89 300 000	75 885 000	111 665 000	148 924 000
Expenditure	48 375 000	58 880 000	60 225 000	54 396 000
Operating Profit	40 925 000	17 005 000	51 440 000	94 528 000
Financial Income	11 499 000	4 114 000	3 617 000	6 625 000
Financial Costs	9 813 000	3 831 000	1 108 000	2 366 000
Financial Balance	1 686 000	283 000	2 509 000	4 259 000
Earnings Before Tax	42 611 000	17 288 000	53 949 000	98 787 000
Tax	8 543 000	3 857 000	1 687 000	3 139 000
Net Income	34 068 000	13 431 000	52 262 000	95 648 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	177 409 000	86 860 000	57 351 000	85 362 000
Total Current Assets	45 080 000	27 226 000	47 992 000	122 687 000
Total Assets	222 489 000	114 086 000	105 343 000	208 049 000
Total Retained Equity	54 112 000	40 279 000	26 848 000	130 175 000
Total Equity	56 177 000	42 344 000	28 913 000	132 240 000
Total Long-Term Debt	311 000	1 234 000	2 459 000	3 616 000
Total Current Debt	166 001 000	70 508 000	73 972 000	72 193 000
Total Equity and Debt	222 489 000	114 086 000	105 344 000	208 049 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	89 300 000	75 885 000	111 665 000	148 924 000
Other Income	0	0	0	0
Revenue	89 300 000	75 885 000	111 665 000	148 924 000
Cost of Goods Sold	26 986 000	18 730 000	8 367 000	12 215 000
Salary Costs	10 561 000	10 605 000	11 522 000	10 234 000
Depreciation	9 011 000	28 431 000	38 774 000	30 427 000
Impairment	0	0	0	0
Expenditure	48 375 000	58 880 000	60 225 000	54 396 000
Operating Profit	40 925 000	17 005 000	51 440 000	94 528 000
Financial Income	11 499 000	4 114 000	3 617 000	6 625 000
Financial Costs	9 813 000	3 831 000	1 108 000	2 366 000
Financial Balance	1 686 000	283 000	2 509 000	4 259 000
Dividends	0	0	0	0
Net Income	34 068 000	13 431 000	52 262 000	95 648 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	80 201 000
Total Intangible Assets	174 773 000	84 842 000	54 768 000	80 201 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 152 000	2 017 000	2 583 000	0
Fixtures	0	0	0	4 994 000
Total Tangible Assets	1 152 000	2 017 000	2 583 000	4 994 000
Total Fiancial Fixed Assets	1 484 000	1 000	0	167 000
Total Fixed Assets	177 409 000	86 860 000	57 351 000	85 362 000
Stock	0	171 000	303 000	7 970 000
Total Investments	0	0	0	0
Cash, Bank	4 074 000	1 091 000	2 179 000	1 676 000
Total Current Assets	45 080 000	27 226 000	47 992 000	122 687 000
Total Assets	222 489 000	114 086 000	105 343 000	208 049 000
Total Equity	56 177 000	42 344 000	28 913 000	132 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	311 000	1 234 000	2 459 000	3 616 000
Creditors	15 918 000	6 834 000	3 550 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	111 140 000	54 182 000	61 277 000	72 193 000
Total Current Debt	166 001 000	70 508 000	73 972 000	72 193 000
Total Equity and Debt	222 489 000	114 086 000	105 344 000	208 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,64 %	31,72 %	180,76 %	72,33 %
Debt-to-Equity Ratio	0,01	0,03	0,09	0,03
Operating Profit Margin	45,83 %	22,41 %	46,07 %	63,47 %
Current Ratio	0,27	0,39	0,65	1,7
Quick Ratio	0,27	0,39	0,65	1,91
Equity Ratio	0,25	0,37	0,27	0,64
Gross Profit Margin	69,78 %	75,32 %	92,51 %	91,8 %