FRED. OLSEN SEAWIND ASA

0152 OSLO

Finances

Share Ownership

Return on Equity

−75,31 %

Current Ratio

0,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 272 000	0	1 450 925 000	1 443 819 000
Net Income	−71 919 000	−33 997 000	461 887 000	86 395 000
Total Assets	620 758 000	110 177 000	6 979 065 000	6 441 850 000
Total Equity	95 495 000	69 749 000	−291 017 000	−760 814 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 272 000	0	1 450 925 000	1 443 819 000
Expenditure	104 012 000	20 776 000	935 686 000	956 156 000
Operating Profit	−78 740 000	−20 776 000	515 239 000	487 663 000
Financial Income	1 306 000	772 000	394 692 000	46 881 000
Financial Costs	0	19 000	403 516 000	383 765 000
Financial Balance	1 306 000	753 000	−8 824 000	−336 884 000
Earnings Before Tax	−77 434 000	−20 023 000	506 415 000	150 779 000
Tax	−5 515 000	4 298 000	44 528 000	64 384 000
Net Income	−71 919 000	−33 997 000	461 887 000	86 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	520 747 000	81 318 000	5 932 037 000	5 220 074 000
Total Current Assets	100 011 000	28 859 000	1 047 028 000	1 221 776 000
Total Assets	620 758 000	110 177 000	6 979 065 000	6 441 850 000
Total Retained Equity	50 254 000	24 508 000	−2 059 238 000	−1 235 467 000
Total Equity	95 495 000	69 749 000	−291 017 000	−760 814 000
Total Long-Term Debt	160 000	0	6 346 361 000	6 369 541 000
Total Current Debt	525 103 000	40 428 000	923 722 000	833 125 000
Total Equity and Debt	620 758 000	110 177 000	6 979 066 000	6 441 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 272 000	0	1 365 657 000	606 519 000
Other Income	0	0	85 268 000	837 300 000
Revenue	25 272 000	0	1 450 925 000	1 443 819 000
Cost of Goods Sold	0	0	471 017 000	0
Salary Costs	30 348 000	6 210 000	80 916 000	69 333 000
Depreciation	0	0	340 044 000	293 421 000
Impairment	0	0	1 638 000	112 063 000
Expenditure	104 012 000	20 776 000	935 686 000	956 156 000
Operating Profit	−78 740 000	−20 776 000	515 239 000	487 663 000
Financial Income	1 306 000	772 000	394 692 000	46 881 000
Financial Costs	0	19 000	403 516 000	383 765 000
Financial Balance	1 306 000	753 000	−8 824 000	−336 884 000
Dividends	0	0	0	0
Net Income	−71 919 000	−33 997 000	461 887 000	86 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	407 157 000	342 519 000
Real Eastate	733 000	0	0	4 667 367 000
Machinery and Plant Facilities	0	0	5 100 000	0
Fixtures	0	0	266 139 000	2 620 000
Total Tangible Assets	733 000	0	5 409 033 000	4 669 987 000
Total Fiancial Fixed Assets	520 014 000	81 318 000	115 847 000	207 568 000
Total Fixed Assets	520 747 000	81 318 000	5 932 037 000	5 220 074 000
Stock	0	0	51 602 000	37 881 000
Total Investments	0	0	0	0
Cash, Bank	69 540 000	10 529 000	428 785 000	606 599 000
Total Current Assets	100 011 000	28 859 000	1 047 028 000	1 221 776 000
Total Assets	620 758 000	110 177 000	6 979 065 000	6 441 850 000
Total Equity	95 495 000	69 749 000	−291 017 000	−760 814 000
Short-Term Group Debt	475 682 000	31 627 000	0	0
Total Long-Term Debt	160 000	0	6 346 361 000	6 369 541 000
Creditors	0	5 562 000	22 498 000	67 617 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	49 421 000	3 239 000	404 026 000	141 016 000
Total Current Debt	525 103 000	40 428 000	923 722 000	833 125 000
Total Equity and Debt	620 758 000	110 177 000	6 979 066 000	6 441 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−75,31 %	−48,74 %	−158,71 %	−11,36 %
Debt-to-Equity Ratio	0	0	−21,81	−8,37
Operating Profit Margin	−311,57 %	-	35,51 %	33,78 %
Current Ratio	0,19	0,71	1,13	1,47
Quick Ratio	0,19	0,71	1,2	1,54
Equity Ratio	0,15	0,63	−0,04	−0,12
Gross Profit Margin	100 %	-	67,54 %	100 %