OFFSHORE ENERGY PARTNERS AS

4838 ARENDAL

Finances

Return on Equity

−7,01 %

Current Ratio

54,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	0	320 000	319 000
Net Income	−90 000	189 000	256 000	344 000
Total Assets	1 308 000	1 399 000	1 302 000	1 349 000
Total Equity	1 284 000	1 374 000	1 184 000	928 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	0	320 000	319 000
Expenditure	60 000	34 000	26 000	63 000
Operating Profit	−56 000	−34 000	294 000	256 000
Financial Income	30 000	226 000	35 000	150 000
Financial Costs	75 000	4 000	9 000	0
Financial Balance	−45 000	222 000	26 000	150 000
Earnings Before Tax	−100 000	188 000	321 000	407 000
Tax	−10 000	−2 000	65 000	63 000
Net Income	−90 000	189 000	256 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	2 000	3 000	4 000
Total Current Assets	1 302 000	1 397 000	1 300 000	1 346 000
Total Assets	1 308 000	1 399 000	1 302 000	1 349 000
Total Retained Equity	−816 000	−726 000	−916 000	−1 172 000
Total Equity	1 284 000	1 374 000	1 184 000	928 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 000	25 000	118 000	421 000
Total Equity and Debt	1 308 000	1 399 000	1 302 000	1 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	0	6 000	17 000
Other Income	0	0	314 000	303 000
Revenue	5 000	0	320 000	319 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	3 000	6 000	31 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	60 000	34 000	26 000	63 000
Operating Profit	−56 000	−34 000	294 000	256 000
Financial Income	30 000	226 000	35 000	150 000
Financial Costs	75 000	4 000	9 000	0
Financial Balance	−45 000	222 000	26 000	150 000
Dividends	0	0	0	0
Net Income	−90 000	189 000	256 000	344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	2 000	3 000	4 000
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	0
Total Fixed Assets	6 000	2 000	3 000	4 000
Stock	0	0	0	0
Total Investments	808 000	1 247 000	1 168 000	1 187 000
Cash, Bank	494 000	150 000	109 000	159 000
Total Current Assets	1 302 000	1 397 000	1 300 000	1 346 000
Total Assets	1 308 000	1 399 000	1 302 000	1 349 000
Total Equity	1 284 000	1 374 000	1 184 000	928 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	11 000
Dividends	0	0	0	0
Other Current Debt	35 000	28 000	54 000	348 000
Total Current Debt	24 000	25 000	118 000	421 000
Total Equity and Debt	1 308 000	1 399 000	1 302 000	1 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,01 %	13,76 %	21,62 %	37,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 120 %	-	91,88 %	80,25 %
Current Ratio	54,25	55,88	11,02	3,2
Quick Ratio	54,25	55,88	11,02	3,2
Equity Ratio	0,98	0,98	0,91	0,69
Gross Profit Margin	100 %	-	100 %	100 %