ENHANCED DRILLING HOLDING AS

5353 STRAUME

Finances

Return on Equity

92,02 %

Current Ratio

0,94

Debt-to-Equity Ratio

2,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	475 556 000	0	0	0
Net Income	197 806 000	272 823 000	−94 663 000	−16 922 000
Total Assets	991 508 000	772 667 000	373 057 000	469 641 000
Total Equity	214 970 000	407 116 000	134 292 000	228 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	475 556 000	0	0	0
Expenditure	389 151 000	108 000	3 413 000	12 726 000
Operating Profit	86 405 000	−108 000	−3 413 000	−12 726 000
Financial Income	28 157 000	12 100 000	13 232 000	22 343 000
Financial Costs	49 399 000	−260 831 000	104 482 000	26 539 000
Financial Balance	−21 242 000	272 931 000	−91 250 000	−4 196 000
Earnings Before Tax	65 163 000	272 823 000	−94 663 000	−16 922 000
Tax	−132 643 000	0	0	0
Net Income	197 806 000	272 823 000	−94 663 000	−16 922 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	838 835 000	770 559 000	372 911 000	468 275 000
Total Current Assets	152 673 000	2 108 000	146 000	1 366 000
Total Assets	991 508 000	772 667 000	373 057 000	469 641 000
Total Retained Equity	−288 457 000	−96 311 000	−369 135 000	−274 472 000
Total Equity	214 970 000	407 116 000	134 292 000	228 955 000
Total Long-Term Debt	613 474 000	365 551 000	238 766 000	231 189 000
Total Current Debt	163 064 000	0	0	9 497 000
Total Equity and Debt	991 508 000	772 667 000	373 058 000	469 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	457 257 000	0	0	0
Other Income	18 299 000	0	0	0
Revenue	475 556 000	0	0	0
Cost of Goods Sold	84 319 000	0	0	0
Salary Costs	150 950 000	0	0	0
Depreciation	111 934 000	0	0	0
Impairment	0	0	0	0
Expenditure	389 151 000	108 000	3 413 000	12 726 000
Operating Profit	86 405 000	−108 000	−3 413 000	−12 726 000
Financial Income	28 157 000	12 100 000	13 232 000	22 343 000
Financial Costs	49 399 000	−260 831 000	104 482 000	26 539 000
Financial Balance	−21 242 000	272 931 000	−91 250 000	−4 196 000
Dividends	0	0	0	0
Net Income	197 806 000	272 823 000	−94 663 000	−16 922 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	77 492 000	0	0	0
Total Intangible Assets	244 621 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	594 149 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	594 149 000	0	0	0
Total Fiancial Fixed Assets	65 000	770 559 000	372 911 000	468 275 000
Total Fixed Assets	838 835 000	770 559 000	372 911 000	468 275 000
Stock	42 763 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 362 000	0	45 000	986 000
Total Current Assets	152 673 000	2 108 000	146 000	1 366 000
Total Assets	991 508 000	772 667 000	373 057 000	469 641 000
Total Equity	214 970 000	407 116 000	134 292 000	228 955 000
Short-Term Group Debt	0	0	0	9 234 000
Total Long-Term Debt	613 474 000	365 551 000	238 766 000	231 189 000
Creditors	91 041 000	0	0	263 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	68 273 000	0	0	0
Total Current Debt	163 064 000	0	0	9 497 000
Total Equity and Debt	991 508 000	772 667 000	373 058 000	469 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,02 %	67,01 %	−70,49 %	−7,39 %
Debt-to-Equity Ratio	2,85	0,9	1,78	1,01
Operating Profit Margin	18,17 %	-	-	-
Current Ratio	0,94	-	-	0,14
Quick Ratio	1,27	-	-	0,14
Equity Ratio	0,22	0,53	0,36	0,49
Gross Profit Margin	82,27 %	-	-	-