DEEPWATER TECHNOLOGY AND PRODUCTS

5022 BERGEN

Finances

Share Ownership

Return on Equity

26,06 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 063 000	2 828 000	2 153 000
Net Income	49 000	−13 000	76 000	−38 000
Total Assets	585 000	2 319 000	2 186 000	2 139 000
Total Equity	188 000	139 000	152 000	76 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 063 000	2 828 000	2 153 000
Expenditure	2 297 000	2 059 000	2 715 000	2 202 000
Operating Profit	60 000	4 000	113 000	−49 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	17 000	10 000	0
Financial Balance	−5 000	−17 000	−10 000	0
Earnings Before Tax	54 000	−13 000	103 000	−49 000
Tax	6 000	0	27 000	−11 000
Net Income	49 000	−13 000	76 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	1 792 000
Total Current Assets	585 000	2 319 000	2 186 000	347 000
Total Assets	585 000	2 319 000	2 186 000	2 139 000
Total Retained Equity	84 000	35 000	48 000	−28 000
Total Equity	188 000	139 000	152 000	76 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	397 000	2 180 000	2 034 000	2 063 000
Total Equity and Debt	585 000	2 319 000	2 186 000	2 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 357 000	2 063 000	2 828 000	2 153 000
Other Income	0	0	0	0
Revenue	2 357 000	2 063 000	2 828 000	2 153 000
Cost of Goods Sold	2 275 000	1 959 000	2 688 000	2 152 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 297 000	2 059 000	2 715 000	2 202 000
Operating Profit	60 000	4 000	113 000	−49 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	17 000	10 000	0
Financial Balance	−5 000	−17 000	−10 000	0
Dividends	0	0	0	0
Net Income	49 000	−13 000	76 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	1 765 000
Total Fixed Assets	0	0	0	1 792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	1 714 000	163 000	347 000
Total Current Assets	585 000	2 319 000	2 186 000	347 000
Total Assets	585 000	2 319 000	2 186 000	2 139 000
Total Equity	188 000	139 000	152 000	76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	1 213 000	1 000	0
Unpaid Taxes	0	0	370 000	123 000
Dividends	0	0	0	0
Other Current Debt	365 000	967 000	1 663 000	1 941 000
Total Current Debt	397 000	2 180 000	2 034 000	2 063 000
Total Equity and Debt	585 000	2 319 000	2 186 000	2 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,06 %	−9,35 %	50 %	−50 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,55 %	0,19 %	4 %	−2,28 %
Current Ratio	1,47	1,06	1,07	0,17
Quick Ratio	1,47	1,06	1,07	0,17
Equity Ratio	0,32	0,06	0,07	0,04
Gross Profit Margin	3,48 %	5,04 %	4,95 %	0,05 %