EXPRO NORWAY AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−167,51 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	529 723 000	688 600 000	577 450 000	408 161 000
Net Income	−46 881 000	−29 833 000	−17 496 000	−156 541 000
Total Assets	189 877 000	235 627 000	211 704 000	185 604 000
Total Equity	27 987 000	74 868 000	104 703 000	−294 985 000

Income (NOK)	2022	2021	2020	2019
Revenue	529 723 000	688 600 000	577 450 000	408 161 000
Expenditure	569 261 000	716 055 000	629 731 000	530 960 000
Operating Profit	−39 538 000	−27 455 000	−52 281 000	−122 799 000
Financial Income	−7 343 000	−2 378 000	34 785 000	−33 742 000
Financial Costs	0	0	0	0
Financial Balance	−7 343 000	−2 378 000	34 785 000	−33 742 000
Earnings Before Tax	−46 881 000	−29 833 000	−17 496 000	−156 541 000
Tax	0	0	0	0
Net Income	−46 881 000	−29 833 000	−17 496 000	−156 541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 344 000	4 726 000	10 212 000	19 874 000
Total Current Assets	187 533 000	230 901 000	201 492 000	165 730 000
Total Assets	189 877 000	235 627 000	211 704 000	185 604 000
Total Retained Equity	−806 403 000	−759 522 000	−729 687 000	−712 191 000
Total Equity	27 987 000	74 868 000	104 703 000	−294 985 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	161 889 000	160 759 000	107 001 000	480 589 000
Total Equity and Debt	189 876 000	235 627 000	211 704 000	185 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	529 723 000	688 600 000	577 450 000	408 161 000
Other Income	0	0	0	0
Revenue	529 723 000	688 600 000	577 450 000	408 161 000
Cost of Goods Sold	253 591 000	395 643 000	351 677 000	276 363 000
Salary Costs	189 243 000	182 057 000	164 286 000	142 930 000
Depreciation	4 242 000	5 485 000	7 210 000	15 174 000
Impairment	0	0	0	0
Expenditure	569 261 000	716 055 000	629 731 000	530 960 000
Operating Profit	−39 538 000	−27 455 000	−52 281 000	−122 799 000
Financial Income	−7 343 000	−2 378 000	34 785 000	−33 742 000
Financial Costs	0	0	0	0
Financial Balance	−7 343 000	−2 378 000	34 785 000	−33 742 000
Dividends	0	0	0	0
Net Income	−46 881 000	−29 833 000	−17 496 000	−156 541 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 344 000	4 726 000	10 212 000	19 874 000
Fixtures	0	0	0	0
Total Tangible Assets	2 344 000	4 726 000	10 212 000	19 874 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 344 000	4 726 000	10 212 000	19 874 000
Stock	16 853 000	14 635 000	15 544 000	17 815 000
Total Investments	0	0	0	0
Cash, Bank	92 177 000	118 298 000	47 915 000	65 387 000
Total Current Assets	187 533 000	230 901 000	201 492 000	165 730 000
Total Assets	189 877 000	235 627 000	211 704 000	185 604 000
Total Equity	27 987 000	74 868 000	104 703 000	−294 985 000
Short-Term Group Debt	91 864 000	65 162 000	0	362 125 000
Total Long-Term Debt	0	0	0	0
Creditors	17 665 000	39 511 000	41 358 000	25 478 000
Unpaid Taxes	14 749 000	12 750 000	12 581 000	10 944 000
Dividends	0	0	0	0
Other Current Debt	37 611 000	43 336 000	53 062 000	82 042 000
Total Current Debt	161 889 000	160 759 000	107 001 000	480 589 000
Total Equity and Debt	189 876 000	235 627 000	211 704 000	185 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−167,51 %	−39,85 %	−16,71 %	53,07 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−7,46 %	−3,99 %	−9,05 %	−30,09 %
Current Ratio	1,16	1,44	1,88	0,34
Quick Ratio	1,29	1,58	2,2	0,36
Equity Ratio	0,15	0,32	0,49	−1,59
Gross Profit Margin	52,13 %	42,54 %	39,1 %	32,29 %