OEG OFFSHORE AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

15,56 %

Current Ratio

0,78

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	388 828 000	258 665 000	246 710 000	230 236 000
Net Income	46 873 000	929 000	25 362 000	15 505 000
Total Assets	1 107 952 000	1 020 357 000	835 085 000	856 577 000
Total Equity	301 247 000	260 224 000	259 295 000	233 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	388 828 000	258 665 000	246 710 000	230 236 000
Expenditure	313 951 000	216 992 000	207 967 000	195 416 000
Operating Profit	74 877 000	41 672 000	38 742 000	34 819 000
Financial Income	22 396 000	16 192 000	14 416 000	9 062 000
Financial Costs	57 188 000	47 687 000	20 592 000	23 931 000
Financial Balance	−34 792 000	−31 495 000	−6 176 000	−14 869 000
Earnings Before Tax	40 085 000	10 177 000	32 566 000	19 950 000
Tax	−6 787 000	9 248 000	7 204 000	4 446 000
Net Income	46 873 000	929 000	25 362 000	15 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	929 188 000	911 885 000	756 875 000	777 924 000
Total Current Assets	178 764 000	108 472 000	78 209 000	78 653 000
Total Assets	1 107 952 000	1 020 357 000	835 085 000	856 577 000
Total Retained Equity	213 064 000	172 040 000	171 111 000	145 749 000
Total Equity	301 247 000	260 224 000	259 295 000	233 932 000
Total Long-Term Debt	576 444 000	579 456 000	61 333 000	435 112 000
Total Current Debt	230 260 000	180 677 000	514 457 000	187 533 000
Total Equity and Debt	1 107 952 000	1 020 357 000	835 085 000	856 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	386 612 000	257 892 000	245 077 000	227 866 000
Other Income	2 216 000	773 000	1 633 000	2 369 000
Revenue	388 828 000	258 665 000	246 710 000	230 236 000
Cost of Goods Sold	67 284 000	45 759 000	45 211 000	33 410 000
Salary Costs	74 397 000	51 282 000	48 555 000	50 159 000
Depreciation	79 066 000	58 385 000	54 884 000	52 213 000
Impairment	0	0	0	0
Expenditure	313 951 000	216 992 000	207 967 000	195 416 000
Operating Profit	74 877 000	41 672 000	38 742 000	34 819 000
Financial Income	22 396 000	16 192 000	14 416 000	9 062 000
Financial Costs	57 188 000	47 687 000	20 592 000	23 931 000
Financial Balance	−34 792 000	−31 495 000	−6 176 000	−14 869 000
Dividends	0	0	0	0
Net Income	46 873 000	929 000	25 362 000	15 505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	417 000	0	0	0
Real Eastate	527 000	281 000	623 000	552 000
Machinery and Plant Facilities	624 580 000	509 744 000	544 509 000	574 897 000
Fixtures	2 091 000	1 904 000	1 392 000	1 716 000
Total Tangible Assets	627 198 000	511 929 000	546 524 000	577 165 000
Total Fiancial Fixed Assets	301 573 000	399 955 000	210 351 000	200 759 000
Total Fixed Assets	929 188 000	911 885 000	756 875 000	777 924 000
Stock	9 318 000	10 342 000	12 470 000	12 225 000
Total Investments	0	0	0	0
Cash, Bank	69 652 000	42 226 000	3 802 000	3 187 000
Total Current Assets	178 764 000	108 472 000	78 209 000	78 653 000
Total Assets	1 107 952 000	1 020 357 000	835 085 000	856 577 000
Total Equity	301 247 000	260 224 000	259 295 000	233 932 000
Short-Term Group Debt	184 019 000	153 136 000	0	0
Total Long-Term Debt	576 444 000	579 456 000	61 333 000	435 112 000
Creditors	17 222 000	12 000 000	24 541 000	36 070 000
Unpaid Taxes	6 003 000	3 575 000	3 401 000	3 308 000
Dividends	0	0	0	0
Other Current Debt	21 539 000	11 965 000	144 828 000	148 155 000
Total Current Debt	230 260 000	180 677 000	514 457 000	187 533 000
Total Equity and Debt	1 107 952 000	1 020 357 000	835 085 000	856 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,56 %	0,36 %	9,78 %	6,63 %
Debt-to-Equity Ratio	1,91	2,23	0,24	1,86
Operating Profit Margin	19,26 %	16,11 %	15,7 %	15,12 %
Current Ratio	0,78	0,6	0,15	0,42
Quick Ratio	0,81	0,64	0,16	0,45
Equity Ratio	0,27	0,26	0,31	0,27
Gross Profit Margin	82,7 %	82,31 %	81,67 %	85,49 %