BW OFFSHORE NORWAY AS

0278 OSLO

Finances

Share Ownership

Return on Equity

123,43 %

Current Ratio

1,37

Debt-to-Equity Ratio

1,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	379 264 000	371 552 000	416 202 000	429 839 000
Net Income	21 759 000	17 630 000	7 678 000	32 413 000
Total Assets	152 682 000	134 669 000	153 118 000	169 343 000
Total Equity	17 629 000	15 503 000	21 199 000	22 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	379 264 000	371 552 000	416 202 000	429 839 000
Expenditure	353 724 000	349 741 000	400 693 000	392 916 000
Operating Profit	25 539 000	21 811 000	15 509 000	36 923 000
Financial Income	8 428 000	2 272 000	4 567 000	1 386 000
Financial Costs	2 386 000	260 000	2 470 000	−2 067 000
Financial Balance	6 042 000	2 012 000	2 097 000	3 453 000
Earnings Before Tax	31 581 000	23 823 000	17 606 000	40 376 000
Tax	9 822 000	6 193 000	9 928 000	7 963 000
Net Income	21 759 000	17 630 000	7 678 000	32 413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 154 000	22 684 000	26 263 000	28 435 000
Total Current Assets	137 528 000	111 984 000	126 855 000	140 909 000
Total Assets	152 682 000	134 669 000	153 118 000	169 343 000
Total Retained Equity	12 629 000	10 503 000	16 199 000	17 478 000
Total Equity	17 629 000	15 503 000	21 199 000	22 478 000
Total Long-Term Debt	34 760 000	38 318 000	36 300 000	33 359 000
Total Current Debt	100 293 000	80 848 000	95 618 000	113 507 000
Total Equity and Debt	152 682 000	134 669 000	153 118 000	169 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 264 000	371 092 000	415 992 000	429 839 000
Other Income	0	460 000	210 000	0
Revenue	379 264 000	371 552 000	416 202 000	429 839 000
Cost of Goods Sold	157 000	0	0	0
Salary Costs	213 058 000	187 960 000	200 949 000	184 561 000
Depreciation	9 365 000	4 526 000	5 991 000	6 029 000
Impairment	0	0	0	0
Expenditure	353 724 000	349 741 000	400 693 000	392 916 000
Operating Profit	25 539 000	21 811 000	15 509 000	36 923 000
Financial Income	8 428 000	2 272 000	4 567 000	1 386 000
Financial Costs	2 386 000	260 000	2 470 000	−2 067 000
Financial Balance	6 042 000	2 012 000	2 097 000	3 453 000
Dividends	0	0	0	10 000 000
Net Income	21 759 000	17 630 000	7 678 000	32 413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 488 000	14 429 000	16 882 000	18 241 000
Real Eastate	3 225 000	3 225 000	3 225 000	3 225 000
Machinery and Plant Facilities	2 141 000	3 625 000	4 408 000	5 011 000
Fixtures	103 000	1 008 000	1 151 000	1 260 000
Total Tangible Assets	5 469 000	7 858 000	8 784 000	9 496 000
Total Fiancial Fixed Assets	197 000	397 000	597 000	697 000
Total Fixed Assets	15 154 000	22 684 000	26 263 000	28 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 668 000	7 486 000	7 652 000	6 938 000
Total Current Assets	137 528 000	111 984 000	126 855 000	140 909 000
Total Assets	152 682 000	134 669 000	153 118 000	169 343 000
Total Equity	17 629 000	15 503 000	21 199 000	22 478 000
Short-Term Group Debt	59 438 000	38 904 000	19 170 000	57 970 000
Total Long-Term Debt	34 760 000	38 318 000	36 300 000	33 359 000
Creditors	5 610 000	9 632 000	5 201 000	11 472 000
Unpaid Taxes	10 359 000	14 575 000	13 454 000	12 511 000
Dividends	0	0	0	10 000 000
Other Current Debt	22 995 000	17 726 000	57 377 000	26 623 000
Total Current Debt	100 293 000	80 848 000	95 618 000	113 507 000
Total Equity and Debt	152 682 000	134 669 000	153 118 000	169 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	123,43 %	113,72 %	36,22 %	144,2 %
Debt-to-Equity Ratio	1,97	2,47	1,71	1,48
Operating Profit Margin	6,73 %	5,87 %	3,73 %	8,59 %
Current Ratio	1,37	1,39	1,33	1,24
Quick Ratio	1,37	1,39	1,33	1,24
Equity Ratio	0,12	0,12	0,14	0,13
Gross Profit Margin	99,96 %	100 %	100 %	100 %