ROSS OFFSHORE WELL MANAGEMENT AS

5058 BERGEN

Finances

Return on Equity

140,75 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	466 851 000	432 860 000	352 045 000	370 103 000
Net Income	17 241 000	18 805 000	15 793 000	13 071 000
Total Assets	131 046 000	110 803 000	83 083 000	132 358 000
Total Equity	12 249 000	12 517 000	12 882 000	13 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	466 851 000	432 860 000	352 045 000	370 103 000
Expenditure	444 695 000	409 183 000	331 783 000	352 838 000
Operating Profit	22 155 000	23 678 000	20 261 000	17 264 000
Financial Income	557 000	482 000	50 000	30 000
Financial Costs	589 000	26 000	49 000	429 000
Financial Balance	−32 000	456 000	1 000	−399 000
Earnings Before Tax	22 122 000	24 133 000	20 262 000	16 865 000
Tax	4 881 000	5 328 000	4 469 000	3 793 000
Net Income	17 241 000	18 805 000	15 793 000	13 071 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 604 000	1 612 000	1 664 000	1 737 000
Total Current Assets	129 442 000	109 191 000	81 419 000	130 621 000
Total Assets	131 046 000	110 803 000	83 083 000	132 358 000
Total Retained Equity	8 119 000	8 388 000	8 753 000	9 160 000
Total Equity	12 249 000	12 517 000	12 882 000	13 290 000
Total Long-Term Debt	234 000	292 000	371 000	471 000
Total Current Debt	118 563 000	97 994 000	69 829 000	118 597 000
Total Equity and Debt	131 046 000	110 803 000	83 083 000	132 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	466 851 000	432 860 000	352 045 000	370 103 000
Other Income	0	0	0	0
Revenue	466 851 000	432 860 000	352 045 000	370 103 000
Cost of Goods Sold	386 502 000	347 689 000	275 641 000	297 494 000
Salary Costs	50 220 000	52 414 000	44 852 000	40 912 000
Depreciation	8 000	51 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	444 695 000	409 183 000	331 783 000	352 838 000
Operating Profit	22 155 000	23 678 000	20 261 000	17 264 000
Financial Income	557 000	482 000	50 000	30 000
Financial Costs	589 000	26 000	49 000	429 000
Financial Balance	−32 000	456 000	1 000	−399 000
Dividends	0	0	0	0
Net Income	17 241 000	18 805 000	15 793 000	13 071 000

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	0	0	0	0
Fixtures	7 000	16 000	67 000	140 000
Total Tangible Assets	7 000	16 000	67 000	140 000
Total Fiancial Fixed Assets	1 597 000	1 597 000	1 597 000	1 597 000
Total Fixed Assets	1 604 000	1 612 000	1 664 000	1 737 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	129 442 000	109 191 000	81 419 000	130 621 000
Total Assets	131 046 000	110 803 000	83 083 000	132 358 000
Total Equity	12 249 000	12 517 000	12 882 000	13 290 000
Short-Term Group Debt	25 652 000	29 039 000	31 125 000	34 388 000
Total Long-Term Debt	234 000	292 000	371 000	471 000
Creditors	69 894 000	54 570 000	25 782 000	66 680 000
Unpaid Taxes	2 819 000	4 772 000	4 356 000	5 319 000
Dividends	0	0	0	0
Other Current Debt	20 198 000	9 613 000	8 566 000	12 210 000
Total Current Debt	118 563 000	97 994 000	69 829 000	118 597 000
Total Equity and Debt	131 046 000	110 803 000	83 083 000	132 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,75 %	150,24 %	122,6 %	98,35 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,04
Operating Profit Margin	4,75 %	5,47 %	5,76 %	4,66 %
Current Ratio	1,09	1,11	1,17	1,1
Quick Ratio	1,09	1,11	1,17	1,1
Equity Ratio	0,09	0,11	0,16	0,1
Gross Profit Margin	17,21 %	19,68 %	21,7 %	19,62 %