ODFJELL DRILLING AS

5257 KOKSTAD

Finances

Return on Equity

81,1 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	610 142 000	538 752 000	522 565 000	571 249 000
Net Income	176 480 000	192 800 000	113 551 000	76 102 000
Total Assets	604 446 000	559 338 000	517 944 000	506 253 000
Total Equity	217 618 000	239 451 000	46 652 000	68 725 000

Income (NOK)	2022	2021	2020	2019
Revenue	610 142 000	538 752 000	522 565 000	571 249 000
Expenditure	541 871 000	522 854 000	482 062 000	548 573 000
Operating Profit	68 270 000	15 898 000	40 503 000	22 676 000
Financial Income	156 254 000	213 134 000	112 306 000	83 284 000
Financial Costs	1 768 000	2 875 000	6 763 000	7 925 000
Financial Balance	154 486 000	210 259 000	105 543 000	75 359 000
Earnings Before Tax	222 755 000	226 157 000	146 046 000	98 035 000
Tax	46 275 000	33 357 000	32 495 000	21 933 000
Net Income	176 480 000	192 800 000	113 551 000	76 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	207 924 000	193 777 000	189 706 000	168 017 000
Total Current Assets	396 521 000	365 561 000	328 238 000	338 236 000
Total Assets	604 446 000	559 338 000	517 944 000	506 253 000
Total Retained Equity	194 417 000	217 937 000	25 138 000	47 211 000
Total Equity	217 618 000	239 451 000	46 652 000	68 725 000
Total Long-Term Debt	12 449 000	12 859 000	15 042 000	17 914 000
Total Current Debt	374 379 000	307 028 000	456 250 000	419 614 000
Total Equity and Debt	604 446 000	559 338 000	517 944 000	506 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	603 363 000	538 752 000	0	571 249 000
Other Income	6 778 000	0	522 565 000	0
Revenue	610 142 000	538 752 000	522 565 000	571 249 000
Cost of Goods Sold	0	0	0	0
Salary Costs	215 625 000	232 700 000	219 366 000	283 560 000
Depreciation	3 782 000	1 601 000	1 011 000	687 000
Impairment	0	0	0	0
Expenditure	541 871 000	522 854 000	482 062 000	548 573 000
Operating Profit	68 270 000	15 898 000	40 503 000	22 676 000
Financial Income	156 254 000	213 134 000	112 306 000	83 284 000
Financial Costs	1 768 000	2 875 000	6 763 000	7 925 000
Financial Balance	154 486 000	210 259 000	105 543 000	75 359 000
Dividends	200 000 000	0	0	0
Net Income	176 480 000	192 800 000	113 551 000	76 102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 942 000	4 250 000	1 882 000	319 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 981 000	0	0
Fixtures	16 768 000	0	2 595 000	3 179 000
Total Tangible Assets	16 768 000	1 981 000	2 595 000	3 179 000
Total Fiancial Fixed Assets	187 215 000	187 546 000	185 229 000	164 519 000
Total Fixed Assets	207 924 000	193 777 000	189 706 000	168 017 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 844 000	10 083 000	25 136 000	96 563 000
Total Current Assets	396 521 000	365 561 000	328 238 000	338 236 000
Total Assets	604 446 000	559 338 000	517 944 000	506 253 000
Total Equity	217 618 000	239 451 000	46 652 000	68 725 000
Short-Term Group Debt	0	130 405 000	253 360 000	149 088 000
Total Long-Term Debt	12 449 000	12 859 000	15 042 000	17 914 000
Creditors	30 372 000	10 583 000	11 274 000	9 150 000
Unpaid Taxes	13 830 000	14 192 000	21 147 000	23 219 000
Dividends	200 000 000	0	0	0
Other Current Debt	255 246 000	151 848 000	170 469 000	238 157 000
Total Current Debt	374 379 000	307 028 000	456 250 000	419 614 000
Total Equity and Debt	604 446 000	559 338 000	517 944 000	506 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,1 %	80,52 %	243,4 %	110,73 %
Debt-to-Equity Ratio	0,06	0,05	0,32	0,26
Operating Profit Margin	11,19 %	2,95 %	7,75 %	3,97 %
Current Ratio	1,06	1,19	0,72	0,81
Quick Ratio	1,06	1,19	0,72	0,81
Equity Ratio	0,36	0,43	0,09	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %