PETROLEUM SERVICES AS

6900 FLORØ

Finances

Share Ownership

Return on Equity

244,14 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	163 300 000	159 386 000	203 543 000	231 123 000
Net Income	32 837 000	36 288 000	39 650 000	43 922 000
Total Assets	95 131 000	88 749 000	99 291 000	127 490 000
Total Equity	13 450 000	13 418 000	13 418 000	14 565 000

Income (NOK)	2023	2022	2021	2020
Revenue	163 300 000	159 386 000	203 543 000	231 123 000
Expenditure	121 932 000	112 436 000	152 408 000	173 799 000
Operating Profit	41 368 000	46 950 000	51 135 000	57 324 000
Financial Income	8 047 000	3 684 000	10 149 000	5 659 000
Financial Costs	7 298 000	4 084 000	10 153 000	6 495 000
Financial Balance	749 000	−400 000	−4 000	−836 000
Earnings Before Tax	42 117 000	46 550 000	51 131 000	56 487 000
Tax	9 280 000	10 263 000	11 480 000	12 565 000
Net Income	32 837 000	36 288 000	39 650 000	43 922 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	2 985 000	1 594 000	1 530 000	1 637 000
Total Current Assets	92 146 000	87 155 000	97 761 000	125 852 000
Total Assets	95 131 000	88 749 000	99 291 000	127 490 000
Total Retained Equity	12 450 000	12 418 000	12 418 000	13 565 000
Total Equity	13 450 000	13 418 000	13 418 000	14 565 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	81 680 000	75 331 000	85 873 000	112 925 000
Total Equity and Debt	95 131 000	88 749 000	99 291 000	127 490 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	103 348 000	107 042 000	156 718 000	185 422 000
Other Income	59 952 000	52 344 000	46 825 000	45 700 000
Revenue	163 300 000	159 386 000	203 543 000	231 123 000
Cost of Goods Sold	75 867 000	71 458 000	110 250 000	130 775 000
Salary Costs	34 471 000	32 533 000	32 980 000	27 291 000
Depreciation	1 120 000	544 000	728 000	914 000
Impairment	0	0	0	0
Expenditure	121 932 000	112 436 000	152 408 000	173 799 000
Operating Profit	41 368 000	46 950 000	51 135 000	57 324 000
Financial Income	8 047 000	3 684 000	10 149 000	5 659 000
Financial Costs	7 298 000	4 084 000	10 153 000	6 495 000
Financial Balance	749 000	−400 000	−4 000	−836 000
Dividends	32 837 000	36 288 000	39 650 000	43 348 000
Net Income	32 837 000	36 288 000	39 650 000	43 922 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	223 000	207 000	157 000	123 000
Real Eastate	58 000	70 000	82 000	94 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 704 000	1 317 000	1 291 000	1 421 000
Total Tangible Assets	2 762 000	1 387 000	1 373 000	1 515 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 985 000	1 594 000	1 530 000	1 637 000
Stock	1 691 000	0	30 000	4 161 000
Total Investments	0	0	0	0
Cash, Bank	162 000	121 000	309 000	350 000
Total Current Assets	92 146 000	87 155 000	97 761 000	125 852 000
Total Assets	95 131 000	88 749 000	99 291 000	127 490 000
Total Equity	13 450 000	13 418 000	13 418 000	14 565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 120 000	14 018 000	21 014 000	39 498 000
Unpaid Taxes	674 000	1 629 000	642 000	3 375 000
Dividends	32 837 000	36 288 000	39 650 000	43 348 000
Other Current Debt	14 784 000	8 136 000	8 951 000	13 368 000
Total Current Debt	81 680 000	75 331 000	85 873 000	112 925 000
Total Equity and Debt	95 131 000	88 749 000	99 291 000	127 490 000

Financial indicators	2023	2022	2021	2020
Return on Equity	244,14 %	270,44 %	295,5 %	301,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,33 %	29,46 %	25,12 %	24,8 %
Current Ratio	1,13	1,16	1,14	1,11
Quick Ratio	1,15	1,16	1,14	1,16
Equity Ratio	0,14	0,15	0,14	0,11
Gross Profit Margin	53,54 %	55,17 %	45,83 %	43,42 %