COSL NORWEGIAN AS

4313 SANDNES

Finances

Return on Equity

15,33 %

Current Ratio

0,49

Debt-to-Equity Ratio

−1,71

Key figures (USD)	2022	2021	2020	2019
Revenue	89 684 000	63 958 000	421 245 000	297 572 000
Net Income	−102 591 000	−355 908 000	−23 253 000	−99 431 000
Total Assets	1 083 925 000	1 098 816 000	1 421 687 000	1 705 572 000
Total Equity	−669 336 000	−566 744 000	−210 837 000	−184 115 000

Income (USD)	2022	2021	2020	2019
Revenue	89 684 000	63 958 000	421 245 000	297 572 000
Expenditure	165 451 000	397 955 000	423 179 000	349 554 000
Operating Profit	−75 767 000	−333 997 000	−1 934 000	−51 982 000
Financial Income	3 467 000	119 000	0	521 000
Financial Costs	30 298 000	21 910 000	31 737 000	49 700 000
Financial Balance	−26 831 000	−21 791 000	−31 737 000	−49 179 000
Earnings Before Tax	−102 598 000	−355 788 000	−33 671 000	−101 161 000
Tax	−7 000	120 000	−6 951 000	−1 730 000
Net Income	−102 591 000	−355 908 000	−23 253 000	−99 431 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	788 449 000	780 804 000	1 062 380 000	1 332 594 000
Total Current Assets	295 476 000	318 012 000	359 307 000	372 978 000
Total Assets	1 083 925 000	1 098 816 000	1 421 687 000	1 705 572 000
Total Retained Equity	−1 668 356 000	−1 565 764 000	−1 209 857 000	−1 183 135 000
Total Equity	−669 336 000	−566 744 000	−210 837 000	−184 115 000
Total Long-Term Debt	1 145 565 000	1 012 391 000	978 674 000	1 201 526 000
Total Current Debt	607 694 000	653 169 000	653 850 000	688 161 000
Total Equity and Debt	1 083 923 000	1 098 816 000	1 421 687 000	1 705 572 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	355 867 000	274 365 000
Other Income	89 684 000	63 958 000	65 378 000	23 207 000
Revenue	89 684 000	63 958 000	421 245 000	297 572 000
Cost of Goods Sold	0	0	0	202 213 000
Salary Costs	7 182 000	0	7 897 000	11 166 000
Depreciation	54 455 000	65 086 000	70 424 000	92 660 000
Impairment	0	228 200 000	212 121 000	43 667 000
Expenditure	165 451 000	397 955 000	423 179 000	349 554 000
Operating Profit	−75 767 000	−333 997 000	−1 934 000	−51 982 000
Financial Income	3 467 000	119 000	0	521 000
Financial Costs	30 298 000	21 910 000	31 737 000	49 700 000
Financial Balance	−26 831 000	−21 791 000	−31 737 000	−49 179 000
Dividends	0	0	0	0
Net Income	−102 591 000	−355 908 000	−23 253 000	−99 431 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 390 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	787 751 000	778 747 000	1 059 990 000	1 328 731 000
Total Fiancial Fixed Assets	698 000	2 057 000	0	3 863 000
Total Fixed Assets	788 449 000	780 804 000	1 062 380 000	1 332 594 000
Stock	23 945 000	23 898 000	22 790 000	30 530 000
Total Investments	0	0	0	0
Cash, Bank	33 379 000	17 220 000	17 397 000	13 663 000
Total Current Assets	295 476 000	318 012 000	359 307 000	372 978 000
Total Assets	1 083 925 000	1 098 816 000	1 421 687 000	1 705 572 000
Total Equity	−669 336 000	−566 744 000	−210 837 000	−184 115 000
Short-Term Group Debt	350 000 000	404 028 000	49 650 000	370 000 000
Total Long-Term Debt	1 145 565 000	1 012 391 000	978 674 000	1 201 526 000
Creditors	38 827 000	22 448 000	28 829 000	40 082 000
Unpaid Taxes	119 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	218 748 000	226 553 000	225 251 000	277 965 000
Total Current Debt	607 694 000	653 169 000	653 850 000	688 161 000
Total Equity and Debt	1 083 923 000	1 098 816 000	1 421 687 000	1 705 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,33 %	62,8 %	11,03 %	54 %
Debt-to-Equity Ratio	−1,71	−1,79	−4,64	−6,53
Operating Profit Margin	−84,48 %	−522,21 %	−0,46 %	−17,47 %
Current Ratio	0,49	0,49	0,55	0,54
Quick Ratio	0,51	0,51	0,57	0,57
Equity Ratio	−0,62	−0,52	−0,15	−0,11
Gross Profit Margin	100 %	100 %	100 %	32,05 %