OFFSHORE INGENIØRKOMPETANSE AS

4332 FIGGJO

Finances

Return on Equity

8,86 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 093 000	1 908 000	2 476 000	1 778 000
Net Income	538 000	683 000	1 199 000	445 000
Total Assets	9 939 000	9 808 000	10 129 000	8 921 000
Total Equity	6 070 000	8 043 000	7 359 000	6 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 093 000	1 908 000	2 476 000	1 778 000
Expenditure	1 432 000	981 000	864 000	1 129 000
Operating Profit	661 000	927 000	1 612 000	649 000
Financial Income	160 000	0	0	0
Financial Costs	296 000	51 000	58 000	65 000
Financial Balance	−136 000	−51 000	−58 000	−65 000
Earnings Before Tax	525 000	876 000	1 554 000	583 000
Tax	−13 000	193 000	355 000	138 000
Net Income	538 000	683 000	1 199 000	445 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 331 000	8 739 000	8 367 000	7 867 000
Total Current Assets	609 000	1 070 000	1 762 000	1 053 000
Total Assets	9 939 000	9 808 000	10 129 000	8 921 000
Total Retained Equity	8 481 000	7 943 000	7 259 000	6 061 000
Total Equity	6 070 000	8 043 000	7 359 000	6 161 000
Total Long-Term Debt	3 456 000	922 000	2 174 000	2 213 000
Total Current Debt	413 000	843 000	596 000	548 000
Total Equity and Debt	9 939 000	9 808 000	10 129 000	8 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 093 000	1 908 000	2 476 000	1 778 000
Other Income	0	0	0	0
Revenue	2 093 000	1 908 000	2 476 000	1 778 000
Cost of Goods Sold	0	0	0	0
Salary Costs	825 000	799 000	722 000	655 000
Depreciation	180 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 432 000	981 000	864 000	1 129 000
Operating Profit	661 000	927 000	1 612 000	649 000
Financial Income	160 000	0	0	0
Financial Costs	296 000	51 000	58 000	65 000
Financial Balance	−136 000	−51 000	−58 000	−65 000
Dividends	0	0	0	0
Net Income	538 000	683 000	1 199 000	445 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 805 000	2 115 000	2 115 000	2 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 805 000	2 115 000	2 115 000	2 115 000
Total Fiancial Fixed Assets	525 000	6 623 000	6 252 000	5 752 000
Total Fixed Assets	9 331 000	8 739 000	8 367 000	7 867 000
Stock	0	0	0	0
Total Investments	1 000	557 000	737 000	737 000
Cash, Bank	324 000	335 000	494 000	328 000
Total Current Assets	609 000	1 070 000	1 762 000	1 053 000
Total Assets	9 939 000	9 808 000	10 129 000	8 921 000
Total Equity	6 070 000	8 043 000	7 359 000	6 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 456 000	922 000	2 174 000	2 213 000
Creditors	46 000	5 000	−16 000	96 000
Unpaid Taxes	173 000	202 000	198 000	194 000
Dividends	0	0	0	0
Other Current Debt	195 000	443 000	59 000	119 000
Total Current Debt	413 000	843 000	596 000	548 000
Total Equity and Debt	9 939 000	9 808 000	10 129 000	8 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,86 %	8,49 %	16,29 %	7,22 %
Debt-to-Equity Ratio	0,57	0,11	0,3	0,36
Operating Profit Margin	31,58 %	48,58 %	65,11 %	36,5 %
Current Ratio	1,47	1,27	2,96	1,92
Quick Ratio	1,47	1,27	2,96	1,92
Equity Ratio	0,61	0,82	0,73	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %