PARETO OFFSHORE AS

0250 OSLO

Finances

Share Ownership

Return on Equity

146,61 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 700 000	39 400 000	14 000 000	13 000 000
Net Income	16 860 000	11 642 000	3 089 000	2 020 000
Total Assets	55 860 000	44 995 000	21 520 000	18 127 000
Total Equity	11 500 000	11 500 000	11 500 000	11 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 700 000	39 400 000	14 000 000	13 000 000
Expenditure	15 043 000	12 014 000	7 759 000	9 127 000
Operating Profit	33 657 000	27 386 000	6 241 000	3 873 000
Financial Income	533 000	10 000	215 000	411 000
Financial Costs	12 342 000	12 347 000	2 448 000	1 602 000
Financial Balance	−11 809 000	−12 337 000	−2 233 000	−1 191 000
Earnings Before Tax	21 848 000	15 049 000	4 008 000	2 682 000
Tax	4 988 000	3 407 000	919 000	662 000
Net Income	16 860 000	11 642 000	3 089 000	2 020 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 000	517 000	221 000	144 000
Total Current Assets	55 401 000	44 478 000	21 299 000	17 983 000
Total Assets	55 860 000	44 995 000	21 520 000	18 127 000
Total Retained Equity	8 500 000	8 500 000	8 500 000	8 500 000
Total Equity	11 500 000	11 500 000	11 500 000	11 500 000
Total Long-Term Debt	540 000	540 000	540 000	540 000
Total Current Debt	43 820 000	32 955 000	9 480 000	6 087 000
Total Equity and Debt	55 860 000	44 995 000	21 520 000	18 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	48 700 000	39 400 000	14 000 000	13 000 000
Revenue	48 700 000	39 400 000	14 000 000	13 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 804 000	10 221 000	5 095 000	4 707 000
Depreciation	43 000	43 000	58 000	74 000
Impairment	0	0	0	0
Expenditure	15 043 000	12 014 000	7 759 000	9 127 000
Operating Profit	33 657 000	27 386 000	6 241 000	3 873 000
Financial Income	533 000	10 000	215 000	411 000
Financial Costs	12 342 000	12 347 000	2 448 000	1 602 000
Financial Balance	−11 809 000	−12 337 000	−2 233 000	−1 191 000
Dividends	16 860 000	11 642 000	3 089 000	2 020 000
Net Income	16 860 000	11 642 000	3 089 000	2 020 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	60 000	75 000	94 000	118 000
Total Intangible Assets	361 000	376 000	94 000	118 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	98 000	141 000	127 000	26 000
Total Tangible Assets	98 000	141 000	127 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	459 000	517 000	221 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 060 000	20 936 000	16 766 000	9 611 000
Total Current Assets	55 401 000	44 478 000	21 299 000	17 983 000
Total Assets	55 860 000	44 995 000	21 520 000	18 127 000
Total Equity	11 500 000	11 500 000	11 500 000	11 500 000
Short-Term Group Debt	32 000	42 000	428 000	396 000
Total Long-Term Debt	540 000	540 000	540 000	540 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	55 000	54 000
Dividends	16 860 000	11 642 000	3 089 000	2 020 000
Other Current Debt	21 955 000	17 587 000	5 013 000	2 984 000
Total Current Debt	43 820 000	32 955 000	9 480 000	6 087 000
Total Equity and Debt	55 860 000	44 995 000	21 520 000	18 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,61 %	101,23 %	26,86 %	17,57 %
Debt-to-Equity Ratio	0,05	0,05	0,05	0,05
Operating Profit Margin	69,11 %	69,51 %	44,58 %	29,79 %
Current Ratio	1,26	1,35	2,25	2,95
Quick Ratio	1,26	1,35	2,25	2,95
Equity Ratio	0,21	0,26	0,53	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %