SAR OFFSHORE AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

30,07 %

Current Ratio

32,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 675 000	30 909 000	31 782 000	21 816 000
Net Income	11 505 000	8 824 000	6 959 000	3 068 000
Total Assets	39 347 000	28 941 000	21 102 000	14 107 000
Total Equity	38 261 000	26 756 000	17 932 000	12 988 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 675 000	30 909 000	31 782 000	21 816 000
Expenditure	19 630 000	22 141 000	24 686 000	19 235 000
Operating Profit	11 045 000	8 768 000	7 095 000	2 581 000
Financial Income	987 000	534 000	591 000	596 000
Financial Costs	524 000	476 000	723 000	107 000
Financial Balance	463 000	58 000	−132 000	489 000
Earnings Before Tax	11 508 000	8 827 000	6 963 000	3 070 000
Tax	3 000	3 000	3 000	2 000
Net Income	11 505 000	8 824 000	6 959 000	3 068 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 123 000	5 238 000	5 353 000	4 897 000
Total Current Assets	35 224 000	23 704 000	15 749 000	9 209 000
Total Assets	39 347 000	28 941 000	21 102 000	14 107 000
Total Retained Equity	17 961 000	6 456 000	−2 368 000	−7 112 000
Total Equity	38 261 000	26 756 000	17 932 000	12 988 000
Total Long-Term Debt	0	0	309 000	309 000
Total Current Debt	1 086 000	2 185 000	2 861 000	810 000
Total Equity and Debt	39 347 000	28 941 000	21 102 000	14 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 265 000	30 909 000	31 782 000	21 816 000
Other Income	1 410 000	0	0	0
Revenue	30 675 000	30 909 000	31 782 000	21 816 000
Cost of Goods Sold	14 454 000	17 282 000	7 754 000	7 358 000
Salary Costs	0	0	9 087 000	5 415 000
Depreciation	115 000	115 000	615 000	4 599 000
Impairment	0	0	2 303 000	0
Expenditure	19 630 000	22 141 000	24 686 000	19 235 000
Operating Profit	11 045 000	8 768 000	7 095 000	2 581 000
Financial Income	987 000	534 000	591 000	596 000
Financial Costs	524 000	476 000	723 000	107 000
Financial Balance	463 000	58 000	−132 000	489 000
Dividends	0	0	0	0
Net Income	11 505 000	8 824 000	6 959 000	3 068 000

Balance details (NOK)	2022	2021	2020	2019
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	23 000	39 000	55 000	0
Total Tangible Assets	4 123 000	5 238 000	5 353 000	4 897 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 123 000	5 238 000	5 353 000	4 897 000
Stock	0	0	483 000	147 000
Total Investments	0	0	0	0
Cash, Bank	387 000	415 000	898 000	6 240 000
Total Current Assets	35 224 000	23 704 000	15 749 000	9 209 000
Total Assets	39 347 000	28 941 000	21 102 000	14 107 000
Total Equity	38 261 000	26 756 000	17 932 000	12 988 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	309 000	309 000
Creditors	1 083 000	1 523 000	1 084 000	252 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	659 000	1 774 000	555 000
Total Current Debt	1 086 000	2 185 000	2 861 000	810 000
Total Equity and Debt	39 347 000	28 941 000	21 102 000	14 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,07 %	32,98 %	38,81 %	23,62 %
Debt-to-Equity Ratio	0	0	0,02	0,02
Operating Profit Margin	36,01 %	28,37 %	22,32 %	11,83 %
Current Ratio	32,43	10,85	5,5	11,37
Quick Ratio	32,43	10,85	6,62	13,89
Equity Ratio	0,97	0,92	0,85	0,92
Gross Profit Margin	52,88 %	44,09 %	75,6 %	66,27 %