MONGSTAD OFFSHORE AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

21,67 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 176 000	3 975 000	3 913 000	3 489 000
Net Income	2 671 000	2 595 000	2 304 000	1 676 000
Total Assets	24 460 000	29 266 000	32 267 000	30 420 000
Total Equity	12 323 000	12 270 000	16 189 000	16 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 176 000	3 975 000	3 913 000	3 489 000
Expenditure	533 000	554 000	678 000	1 022 000
Operating Profit	3 643 000	3 420 000	3 235 000	2 467 000
Financial Income	64 000	109 000	115 000	160 000
Financial Costs	283 000	203 000	395 000	479 000
Financial Balance	−219 000	−94 000	−280 000	−319 000
Earnings Before Tax	3 425 000	3 327 000	2 955 000	2 148 000
Tax	754 000	732 000	651 000	473 000
Net Income	2 671 000	2 595 000	2 304 000	1 676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 442 000	21 926 000	22 416 000	22 780 000
Total Current Assets	3 018 000	7 340 000	9 851 000	7 640 000
Total Assets	24 460 000	29 266 000	32 267 000	30 420 000
Total Retained Equity	4 084 000	4 031 000	7 950 000	7 856 000
Total Equity	12 323 000	12 270 000	16 189 000	16 095 000
Total Long-Term Debt	8 564 000	9 549 000	10 526 000	11 499 000
Total Current Debt	3 574 000	7 447 000	5 552 000	2 827 000
Total Equity and Debt	24 460 000	29 266 000	32 267 000	30 420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 176 000	3 975 000	3 913 000	3 489 000
Other Income	0	0	0	0
Revenue	4 176 000	3 975 000	3 913 000	3 489 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	484 000	490 000	519 000	464 000
Impairment	0	0	0	0
Expenditure	533 000	554 000	678 000	1 022 000
Operating Profit	3 643 000	3 420 000	3 235 000	2 467 000
Financial Income	64 000	109 000	115 000	160 000
Financial Costs	283 000	203 000	395 000	479 000
Financial Balance	−219 000	−94 000	−280 000	−319 000
Dividends	0	4 000 000	0	0
Net Income	2 671 000	2 595 000	2 304 000	1 676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 442 000	21 926 000	22 409 000	22 738 000
Machinery and Plant Facilities	0	0	7 000	42 000
Fixtures	0	0	0	0
Total Tangible Assets	21 442 000	21 926 000	22 416 000	22 780 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 442 000	21 926 000	22 416 000	22 780 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 487 000	5 432 000	8 034 000	5 546 000
Total Current Assets	3 018 000	7 340 000	9 851 000	7 640 000
Total Assets	24 460 000	29 266 000	32 267 000	30 420 000
Total Equity	12 323 000	12 270 000	16 189 000	16 095 000
Short-Term Group Debt	3 357 000	3 222 000	5 366 000	2 412 000
Total Long-Term Debt	8 564 000	9 549 000	10 526 000	11 499 000
Creditors	4 000	38 000	0	0
Unpaid Taxes	174 000	165 000	165 000	−49 000
Dividends	0	4 000 000	0	0
Other Current Debt	38 000	22 000	21 000	39 000
Total Current Debt	3 574 000	7 447 000	5 552 000	2 827 000
Total Equity and Debt	24 460 000	29 266 000	32 267 000	30 420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,67 %	21,15 %	14,23 %	10,41 %
Debt-to-Equity Ratio	0,69	0,78	0,65	0,71
Operating Profit Margin	87,24 %	86,04 %	82,67 %	70,71 %
Current Ratio	0,84	0,99	1,77	2,7
Quick Ratio	0,84	0,99	1,77	2,7
Equity Ratio	0,5	0,42	0,5	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %