NORWEGIAN OFFSHORE WIND AS

5537 HAUGESUND

Finances

Share Ownership

Return on Equity

−32,21 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 716 000	13 707 000	7 154 000	5 028 000
Net Income	−2 373 000	365 000	1 358 000	486 000
Total Assets	13 924 000	11 869 000	8 541 000	5 171 000
Total Equity	7 367 000	9 740 000	5 254 000	3 897 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 716 000	13 707 000	7 154 000	5 028 000
Expenditure	22 093 000	13 233 000	5 796 000	4 536 000
Operating Profit	−2 377 000	474 000	1 358 000	491 000
Financial Income	8 000	3 000	0	0
Financial Costs	4 000	112 000	0	6 000
Financial Balance	4 000	−109 000	0	−6 000
Earnings Before Tax	−2 373 000	365 000	1 358 000	486 000
Tax	0	0	0	0
Net Income	−2 373 000	365 000	1 358 000	486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 444 000	3 623 000	3 660 000	3 816 000
Total Current Assets	10 480 000	8 246 000	4 881 000	1 355 000
Total Assets	13 924 000	11 869 000	8 541 000	5 171 000
Total Retained Equity	1 880 000	4 253 000	3 887 000	2 530 000
Total Equity	7 367 000	9 740 000	5 254 000	3 897 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 558 000	2 129 000	3 287 000	1 274 000
Total Equity and Debt	13 924 000	11 869 000	8 541 000	5 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 320 000	7 832 000	4 007 000	2 818 000
Other Income	7 396 000	5 875 000	3 147 000	2 210 000
Revenue	19 716 000	13 707 000	7 154 000	5 028 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 718 000	2 951 000	0	0
Depreciation	205 000	182 000	156 000	156 000
Impairment	0	0	0	0
Expenditure	22 093 000	13 233 000	5 796 000	4 536 000
Operating Profit	−2 377 000	474 000	1 358 000	491 000
Financial Income	8 000	3 000	0	0
Financial Costs	4 000	112 000	0	6 000
Financial Balance	4 000	−109 000	0	−6 000
Dividends	0	0	0	0
Net Income	−2 373 000	365 000	1 358 000	486 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 348 000	3 504 000	3 660 000	3 816 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	96 000	119 000	0	0
Total Tangible Assets	96 000	119 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 444 000	3 623 000	3 660 000	3 816 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 998 000	3 038 000	1 558 000	6 000
Total Current Assets	10 480 000	8 246 000	4 881 000	1 355 000
Total Assets	13 924 000	11 869 000	8 541 000	5 171 000
Total Equity	7 367 000	9 740 000	5 254 000	3 897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 949 000	1 476 000	472 000	1 274 000
Unpaid Taxes	752 000	280 000	0	0
Dividends	0	0	0	0
Other Current Debt	3 857 000	373 000	2 815 000	0
Total Current Debt	6 558 000	2 129 000	3 287 000	1 274 000
Total Equity and Debt	13 924 000	11 869 000	8 541 000	5 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,21 %	3,75 %	25,85 %	12,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,06 %	3,46 %	18,98 %	9,77 %
Current Ratio	1,6	3,87	1,48	1,06
Quick Ratio	1,6	3,87	1,48	1,06
Equity Ratio	0,53	0,82	0,62	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %