BLUEWAY OFFSHORE NORGE AS

6977 BYGSTAD

Finances

Share Ownership

Return on Equity

2,91 %

Current Ratio

269,05

Debt-to-Equity Ratio

−2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	940 000	2 910 000	1 605 000
Net Income	−1 205 000	−4 388 000	775 000	−4 954 000
Total Assets	45 314 000	42 024 000	45 348 000	41 295 000
Total Equity	−41 445 000	−40 240 000	−35 852 000	−36 627 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	940 000	2 910 000	1 605 000
Expenditure	950 000	2 781 000	3 473 000	4 458 000
Operating Profit	−917 000	−1 841 000	−563 000	−2 854 000
Financial Income	7 538 000	559 000	2 907 000	158 000
Financial Costs	7 826 000	3 106 000	1 569 000	2 258 000
Financial Balance	−288 000	−2 547 000	1 338 000	−2 100 000
Earnings Before Tax	−1 205 000	−4 388 000	775 000	−4 954 000
Tax	0	0	0	0
Net Income	−1 205 000	−4 388 000	775 000	−4 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	921 000	36 461 000	39 993 000	39 542 000
Total Current Assets	44 393 000	5 563 000	5 355 000	1 753 000
Total Assets	45 314 000	42 024 000	45 348 000	41 295 000
Total Retained Equity	−56 405 000	−55 200 000	−50 812 000	−51 587 000
Total Equity	−41 445 000	−40 240 000	−35 852 000	−36 627 000
Total Long-Term Debt	86 594 000	0	0	0
Total Current Debt	165 000	82 264 000	81 200 000	77 922 000
Total Equity and Debt	45 314 000	42 024 000	45 348 000	41 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	940 000	2 910 000	1 605 000
Other Income	33 000	0	0	0
Revenue	33 000	940 000	2 910 000	1 605 000
Cost of Goods Sold	0	0	0	−1 487 000
Salary Costs	0	0	0	205 000
Depreciation	650 000	1 799 000	1 799 000	2 358 000
Impairment	0	0	0	0
Expenditure	950 000	2 781 000	3 473 000	4 458 000
Operating Profit	−917 000	−1 841 000	−563 000	−2 854 000
Financial Income	7 538 000	559 000	2 907 000	158 000
Financial Costs	7 826 000	3 106 000	1 569 000	2 258 000
Financial Balance	−288 000	−2 547 000	1 338 000	−2 100 000
Dividends	0	0	0	0
Net Income	−1 205 000	−4 388 000	775 000	−4 954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	921 000	1 572 000	3 371 000	5 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	921 000	1 572 000	3 371 000	5 169 000
Total Fiancial Fixed Assets	0	34 890 000	36 622 000	34 372 000
Total Fixed Assets	921 000	36 461 000	39 993 000	39 542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	2 000	0	0
Total Current Assets	44 393 000	5 563 000	5 355 000	1 753 000
Total Assets	45 314 000	42 024 000	45 348 000	41 295 000
Total Equity	−41 445 000	−40 240 000	−35 852 000	−36 627 000
Short-Term Group Debt	0	82 199 000	80 839 000	74 893 000
Total Long-Term Debt	86 594 000	0	0	0
Creditors	165 000	65 000	0	81 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	360 000	2 947 000
Total Current Debt	165 000	82 264 000	81 200 000	77 922 000
Total Equity and Debt	45 314 000	42 024 000	45 348 000	41 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,91 %	10,9 %	−2,16 %	13,53 %
Debt-to-Equity Ratio	−2,09	−0	−0	−0
Operating Profit Margin	−2 778,79 %	−195,85 %	−19,35 %	−177,82 %
Current Ratio	269,05	0,07	0,07	0,02
Quick Ratio	269,05	0,07	0,07	0,02
Equity Ratio	−0,91	−0,96	−0,79	−0,89
Gross Profit Margin	100 %	100 %	100 %	192,65 %