SEVAN DRILLING LIMITED

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−13,35 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0

Key figures (USD)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	4 038 000	270 000	−70 000	1 343 000
Total Assets	18 835 000	2 063 000	21 476 000	10 880 000
Total Equity	−30 241 000	−51 104 000	−51 374 000	−70 473 000

Income (USD)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	−4 043 000	−273 000	62 000	−1 236 000
Operating Profit	4 043 000	273 000	−62 000	1 236 000
Financial Income	3 000	10 000	7 000	118 000
Financial Costs	7 000	12 000	14 000	11 000
Financial Balance	−4 000	−2 000	−7 000	107 000
Earnings Before Tax	4 038 000	270 000	−70 000	1 343 000
Tax	0	0	0	0
Net Income	4 038 000	270 000	−70 000	1 343 000

Balance (USD)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	18 835 000	2 063 000	21 476 000	10 880 000
Total Assets	18 835 000	2 063 000	21 476 000	10 880 000
Total Retained Equity	−55 208 000	−76 071 000	−76 341 000	−95 440 000
Total Equity	−30 241 000	−51 104 000	−51 374 000	−70 473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 076 000	53 168 000	72 850 000	81 353 000
Total Equity and Debt	18 835 000	2 063 000	21 476 000	10 880 000

Cash flow (USD)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	−1 240 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−4 043 000	−273 000	62 000	−1 236 000
Operating Profit	4 043 000	273 000	−62 000	1 236 000
Financial Income	3 000	10 000	7 000	118 000
Financial Costs	7 000	12 000	14 000	11 000
Financial Balance	−4 000	−2 000	−7 000	107 000
Dividends	0	0	0	0
Net Income	4 038 000	270 000	−70 000	1 343 000

Balance details (USD)	2021	2020	2019	2018
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	61 000	2 000	20 000
Total Current Assets	18 835 000	2 063 000	21 476 000	10 880 000
Total Assets	18 835 000	2 063 000	21 476 000	10 880 000
Total Equity	−30 241 000	−51 104 000	−51 374 000	−70 473 000
Short-Term Group Debt	49 024 000	49 033 000	68 430 000	76 947 000
Total Long-Term Debt	0	0	0	0
Creditors	27 000	69 000	53 000	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 000	4 067 000	4 367 000	4 368 000
Total Current Debt	49 076 000	53 168 000	72 850 000	81 353 000
Total Equity and Debt	18 835 000	2 063 000	21 476 000	10 880 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−13,35 %	−0,53 %	0,14 %	−1,91 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0,38	0,04	0,29	0,13
Quick Ratio	0,38	0,04	0,29	0,13
Equity Ratio	−1,61	−24,77	−2,39	−6,48
Gross Profit Margin	-	-	-	-