OFFSHORE RESOURCE GROUP AS

4072 RANDABERG

Finances

Return on Equity

26,14 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	5 000	0	0
Net Income	−223 000	−106 000	−131 000	−1 051 000
Total Assets	789 000	735 000	482 000	1 088 000
Total Equity	−853 000	−631 000	−524 000	−394 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	5 000	0	0
Expenditure	395 000	110 000	108 000	19 000
Operating Profit	−193 000	−105 000	−108 000	−19 000
Financial Income	0	0	0	0
Financial Costs	30 000	1 000	23 000	1 033 000
Financial Balance	−30 000	−1 000	−23 000	−1 033 000
Earnings Before Tax	−223 000	−106 000	−131 000	−1 051 000
Tax	0	0	0	0
Net Income	−223 000	−106 000	−131 000	−1 051 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	439 000	500 000	0	0
Total Current Assets	350 000	235 000	482 000	1 088 000
Total Assets	789 000	735 000	482 000	1 088 000
Total Retained Equity	−1 103 000	−880 000	−773 000	−643 000
Total Equity	−853 000	−631 000	−524 000	−394 000
Total Long-Term Debt	837 000	0	0	0
Total Current Debt	806 000	1 365 000	1 006 000	1 481 000
Total Equity and Debt	789 000	735 000	482 000	1 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	5 000	0	0
Other Income	0	0	0	0
Revenue	202 000	5 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	61 000	29 000	0	0
Impairment	0	0	0	0
Expenditure	395 000	110 000	108 000	19 000
Operating Profit	−193 000	−105 000	−108 000	−19 000
Financial Income	0	0	0	0
Financial Costs	30 000	1 000	23 000	1 033 000
Financial Balance	−30 000	−1 000	−23 000	−1 033 000
Dividends	0	0	0	0
Net Income	−223 000	−106 000	−131 000	−1 051 000

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	439 000	500 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	439 000	500 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	439 000	500 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 000	129 000	452 000	1 064 000
Total Current Assets	350 000	235 000	482 000	1 088 000
Total Assets	789 000	735 000	482 000	1 088 000
Total Equity	−853 000	−631 000	−524 000	−394 000
Short-Term Group Debt	301 000	1 148 000	956 000	1 463 000
Total Long-Term Debt	837 000	0	0	0
Creditors	299 000	12 000	32 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	205 000	205 000	19 000	19 000
Total Current Debt	806 000	1 365 000	1 006 000	1 481 000
Total Equity and Debt	789 000	735 000	482 000	1 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,14 %	16,8 %	25 %	266,75 %
Debt-to-Equity Ratio	−0,98	−0	−0	−0
Operating Profit Margin	−95,54 %	−2 100 %	-	-
Current Ratio	0,43	0,17	0,48	0,73
Quick Ratio	0,43	0,17	0,48	0,73
Equity Ratio	−1,08	−0,86	−1,09	−0,36
Gross Profit Margin	100 %	100 %	-	-