FRED. OLSEN WINDCARRIER ASA

0152 OSLO

Finances

Return on Equity

9,17 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,46

Key figures (EUR)	2022	2021	2020	2019
Revenue	149 851 000	117 858 000	172 107 000	264 464 000
Net Income	25 976 000	16 490 000	3 643 000	−12 827 000
Total Assets	467 971 000	427 039 000	413 512 000	496 162 000
Total Equity	283 221 000	256 225 000	241 432 000	170 487 000

Income (EUR)	2022	2021	2020	2019
Revenue	149 851 000	117 858 000	172 107 000	264 464 000
Expenditure	113 455 000	93 269 000	185 862 000	260 261 000
Operating Profit	36 396 000	24 589 000	−13 755 000	4 203 000
Financial Income	1 227 000	43 000	25 210 000	228 000
Financial Costs	7 163 000	6 866 000	7 248 000	14 679 000
Financial Balance	−5 936 000	−6 823 000	17 962 000	−14 451 000
Earnings Before Tax	30 460 000	17 766 000	4 207 000	−10 248 000
Tax	4 484 000	1 276 000	564 000	0
Net Income	25 976 000	16 490 000	3 643 000	−12 827 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	363 379 000	354 415 000	344 083 000	379 145 000
Total Current Assets	104 592 000	72 624 000	69 429 000	117 017 000
Total Assets	467 971 000	427 039 000	413 512 000	496 162 000
Total Retained Equity	220 988 000	193 992 000	179 199 000	54 277 000
Total Equity	283 221 000	256 225 000	241 432 000	170 487 000
Total Long-Term Debt	130 807 000	82 690 000	121 231 000	147 764 000
Total Current Debt	53 943 000	88 124 000	50 849 000	177 911 000
Total Equity and Debt	467 971 000	427 039 000	413 512 000	496 162 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	149 851 000	117 858 000	0	0
Other Income	0	0	172 107 000	264 464 000
Revenue	149 851 000	117 858 000	172 107 000	264 464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 898 000	8 457 000	8 812 000	13 619 000
Depreciation	40 840 000	28 140 000	27 995 000	43 985 000
Impairment	0	0	7 931 000	0
Expenditure	113 455 000	93 269 000	185 862 000	260 261 000
Operating Profit	36 396 000	24 589 000	−13 755 000	4 203 000
Financial Income	1 227 000	43 000	25 210 000	228 000
Financial Costs	7 163 000	6 866 000	7 248 000	14 679 000
Financial Balance	−5 936 000	−6 823 000	17 962 000	−14 451 000
Dividends	0	0	0	0
Net Income	25 976 000	16 490 000	3 643 000	−12 827 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	2 709 000
Total Intangible Assets	914 000	3 491 000	1 715 000	11 815 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	360 940 000	347 917 000	342 368 000	367 327 000
Total Fiancial Fixed Assets	1 525 000	3 007 000	0	3 000
Total Fixed Assets	363 379 000	354 415 000	344 083 000	379 145 000
Stock	10 180 000	4 251 000	6 449 000	5 910 000
Total Investments	0	0	0	0
Cash, Bank	54 909 000	37 545 000	35 784 000	45 327 000
Total Current Assets	104 592 000	72 624 000	69 429 000	117 017 000
Total Assets	467 971 000	427 039 000	413 512 000	496 162 000
Total Equity	283 221 000	256 225 000	241 432 000	170 487 000
Short-Term Group Debt	1 249 000	13 700 000	0	0
Total Long-Term Debt	130 807 000	82 690 000	121 231 000	147 764 000
Creditors	14 286 000	11 717 000	33 828 000	60 239 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 404 000	0	0	0
Total Current Debt	53 943 000	88 124 000	50 849 000	177 911 000
Total Equity and Debt	467 971 000	427 039 000	413 512 000	496 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,17 %	6,44 %	1,51 %	−7,52 %
Debt-to-Equity Ratio	0,46	0,32	0,5	0,87
Operating Profit Margin	24,29 %	20,86 %	−7,99 %	1,59 %
Current Ratio	1,94	0,82	1,37	0,66
Quick Ratio	2,39	0,87	1,56	0,68
Equity Ratio	0,61	0,6	0,58	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %