RIG SOLUTIONS AS

4018 STAVANGER

Finances

Return on Equity

35,94 %

Current Ratio

4,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	847 000	1 097 000	635 000	308 000
Net Income	4 431 000	1 204 000	9 254 000	2 456 000
Total Assets	15 470 000	10 922 000	13 500 000	4 586 000
Total Equity	12 330 000	10 399 000	12 195 000	3 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	847 000	1 097 000	635 000	308 000
Expenditure	67 000	14 000	10 000	4 000
Operating Profit	780 000	1 083 000	625 000	304 000
Financial Income	3 943 000	367 000	8 778 000	2 221 000
Financial Costs	89 000	0	1 000	0
Financial Balance	3 854 000	367 000	8 777 000	2 221 000
Earnings Before Tax	4 634 000	1 451 000	9 403 000	2 525 000
Tax	202 000	247 000	148 000	69 000
Net Income	4 431 000	1 204 000	9 254 000	2 456 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 566 000	2 648 000	6 870 000	1 615 000
Total Current Assets	12 905 000	8 273 000	6 630 000	2 971 000
Total Assets	15 470 000	10 922 000	13 500 000	4 586 000
Total Retained Equity	12 230 000	10 299 000	12 095 000	3 841 000
Total Equity	12 330 000	10 399 000	12 195 000	3 941 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 140 000	522 000	1 305 000	645 000
Total Equity and Debt	15 470 000	10 922 000	13 500 000	4 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	847 000	1 097 000	635 000	308 000
Other Income	0	0	0	0
Revenue	847 000	1 097 000	635 000	308 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	0	0	0
Impairment	0	0	0	0
Expenditure	67 000	14 000	10 000	4 000
Operating Profit	780 000	1 083 000	625 000	304 000
Financial Income	3 943 000	367 000	8 778 000	2 221 000
Financial Costs	89 000	0	1 000	0
Financial Balance	3 854 000	367 000	8 777 000	2 221 000
Dividends	2 500 000	0	1 000 000	500 000
Net Income	4 431 000	1 204 000	9 254 000	2 456 000

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	172 000	0	0	0
Total Tangible Assets	172 000	0	0	0
Total Fiancial Fixed Assets	2 393 000	2 648 000	6 870 000	1 615 000
Total Fixed Assets	2 566 000	2 648 000	6 870 000	1 615 000
Stock	0	0	0	0
Total Investments	8 364 000	0	0	0
Cash, Bank	4 541 000	8 273 000	6 630 000	2 896 000
Total Current Assets	12 905 000	8 273 000	6 630 000	2 971 000
Total Assets	15 470 000	10 922 000	13 500 000	4 586 000
Total Equity	12 330 000	10 399 000	12 195 000	3 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	286 000	5 000	0	0
Unpaid Taxes	152 000	271 000	156 000	76 000
Dividends	2 500 000	0	1 000 000	500 000
Other Current Debt	0	0	0	0
Total Current Debt	3 140 000	522 000	1 305 000	645 000
Total Equity and Debt	15 470 000	10 922 000	13 500 000	4 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,94 %	11,58 %	75,88 %	62,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	92,09 %	98,72 %	98,43 %	98,7 %
Current Ratio	4,11	15,85	5,08	4,61
Quick Ratio	4,11	15,85	5,08	4,61
Equity Ratio	0,8	0,95	0,9	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %