AF OFFSHORE DECOM AS

0663 OSLO

Finances

Share Ownership

Return on Equity

92,48 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 187 000	591 022 000	344 106 000	259 090 000
Net Income	110 900 000	58 333 000	−20 873 000	−36 369 000
Total Assets	556 021 000	515 601 000	441 361 000	431 530 000
Total Equity	119 921 000	104 103 000	76 795 000	75 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 187 000	591 022 000	344 106 000	259 090 000
Expenditure	739 323 000	519 114 000	362 811 000	301 053 000
Operating Profit	132 864 000	71 908 000	−18 705 000	−41 963 000
Financial Income	10 142 000	4 228 000	1 488 000	4 815 000
Financial Costs	62 000	229 000	8 778 000	9 250 000
Financial Balance	10 080 000	3 999 000	−7 290 000	−4 435 000
Earnings Before Tax	142 944 000	75 907 000	−25 995 000	−46 398 000
Tax	32 044 000	17 574 000	−5 122 000	−10 029 000
Net Income	110 900 000	58 333 000	−20 873 000	−36 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 666 000	31 500 000	31 764 000	42 348 000
Total Current Assets	516 355 000	484 101 000	409 597 000	389 182 000
Total Assets	556 021 000	515 601 000	441 361 000	431 530 000
Total Retained Equity	13 322 000	0	0	0
Total Equity	119 921 000	104 103 000	76 795 000	75 042 000
Total Long-Term Debt	99 707 000	75 316 000	72 302 000	80 116 000
Total Current Debt	336 394 000	336 182 000	292 264 000	276 372 000
Total Equity and Debt	556 022 000	515 601 000	441 361 000	431 530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	872 212 000	590 624 000	343 968 000	258 974 000
Other Income	−25 000	398 000	138 000	116 000
Revenue	872 187 000	591 022 000	344 106 000	259 090 000
Cost of Goods Sold	480 960 000	293 703 000	157 476 000	88 561 000
Salary Costs	146 476 000	126 289 000	114 739 000	122 325 000
Depreciation	8 030 000	9 393 000	8 427 000	8 253 000
Impairment	0	0	0	0
Expenditure	739 323 000	519 114 000	362 811 000	301 053 000
Operating Profit	132 864 000	71 908 000	−18 705 000	−41 963 000
Financial Income	10 142 000	4 228 000	1 488 000	4 815 000
Financial Costs	62 000	229 000	8 778 000	9 250 000
Financial Balance	10 080 000	3 999 000	−7 290 000	−4 435 000
Dividends	0	0	0	0
Net Income	110 900 000	58 333 000	−20 873 000	−36 369 000

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	39 666 000	31 500 000	31 764 000	42 254 000
Fixtures	0	0	0	0
Total Tangible Assets	39 666 000	31 500 000	31 764 000	42 254 000
Total Fiancial Fixed Assets	0	0	0	94 000
Total Fixed Assets	39 666 000	31 500 000	31 764 000	42 348 000
Stock	0	0	0	3 662 000
Total Investments	0	0	0	0
Cash, Bank	122 000	144 000	181 000	236 000
Total Current Assets	516 355 000	484 101 000	409 597 000	389 182 000
Total Assets	556 021 000	515 601 000	441 361 000	431 530 000
Total Equity	119 921 000	104 103 000	76 795 000	75 042 000
Short-Term Group Debt	2 337 000	2 064 000	50 000 000	135 350 000
Total Long-Term Debt	99 707 000	75 316 000	72 302 000	80 116 000
Creditors	211 877 000	245 337 000	196 165 000	120 812 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 255 000	22 496 000	38 761 000	9 598 000
Total Current Debt	336 394 000	336 182 000	292 264 000	276 372 000
Total Equity and Debt	556 022 000	515 601 000	441 361 000	431 530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,48 %	56,03 %	−27,18 %	−48,46 %
Debt-to-Equity Ratio	0,83	0,72	0,94	1,07
Operating Profit Margin	15,23 %	12,17 %	−5,44 %	−16,2 %
Current Ratio	1,53	1,44	1,4	1,41
Quick Ratio	1,53	1,44	1,4	1,43
Equity Ratio	0,22	0,2	0,17	0,17
Gross Profit Margin	44,86 %	50,31 %	54,24 %	65,82 %