SEVAN DRILLING RIG II AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−63,73 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0

Key figures (USD)	2022	2021	2020	2019
Revenue	6 950 000	0	29 000	−116 000
Net Income	7 016 000	3 731 000	−39 495 000	−3 387 000
Total Assets	187 455 000	187 413 000	187 539 000	220 702 000
Total Equity	−11 009 000	−18 025 000	−21 756 000	17 659 000

Income (USD)	2022	2021	2020	2019
Revenue	6 950 000	0	29 000	−116 000
Expenditure	0	−3 715 000	−401 000	171 000
Operating Profit	6 950 000	3 715 000	430 000	−287 000
Financial Income	102 000	6 000	111 000	349 000
Financial Costs	36 000	−10 000	40 036 000	3 449 000
Financial Balance	66 000	16 000	−39 925 000	−3 100 000
Earnings Before Tax	7 016 000	3 731 000	−39 495 000	−3 387 000
Tax	0	0	0	0
Net Income	7 016 000	3 731 000	−39 495 000	−3 387 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	180 439 000	180 439 000	180 439 000	220 439 000
Total Current Assets	7 016 000	6 974 000	7 100 000	264 000
Total Assets	187 455 000	187 413 000	187 539 000	220 702 000
Total Retained Equity	−28 668 000	−35 684 000	−39 415 000	0
Total Equity	−11 009 000	−18 025 000	−21 756 000	17 659 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 464 000	205 438 000	209 295 000	203 043 000
Total Equity and Debt	187 455 000	187 413 000	187 539 000	220 702 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	6 950 000	0	0	0
Other Income	0	0	29 000	−116 000
Revenue	6 950 000	0	29 000	−116 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	95 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	−3 715 000	−401 000	171 000
Operating Profit	6 950 000	3 715 000	430 000	−287 000
Financial Income	102 000	6 000	111 000	349 000
Financial Costs	36 000	−10 000	40 036 000	3 449 000
Financial Balance	66 000	16 000	−39 925 000	−3 100 000
Dividends	0	0	0	0
Net Income	7 016 000	3 731 000	−39 495 000	−3 387 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	180 439 000	180 439 000	180 439 000	220 439 000
Total Fixed Assets	180 439 000	180 439 000	180 439 000	220 439 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	10 000	12 000	1 000
Total Current Assets	7 016 000	6 974 000	7 100 000	264 000
Total Assets	187 455 000	187 413 000	187 539 000	220 702 000
Total Equity	−11 009 000	−18 025 000	−21 756 000	17 659 000
Short-Term Group Debt	198 395 000	198 374 000	198 392 000	190 764 000
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	7 064 000	10 903 000	12 279 000
Total Current Debt	198 464 000	205 438 000	209 295 000	203 043 000
Total Equity and Debt	187 455 000	187 413 000	187 539 000	220 702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,73 %	−20,7 %	181,54 %	−19,18 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	100 %	-	1 482,76 %	247,41 %
Current Ratio	0,04	0,03	0,03	0
Quick Ratio	0,04	0,03	0,03	0
Equity Ratio	−0,06	−0,1	−0,12	0,08
Gross Profit Margin	100 %	-	100 %	100 %