SAIPEM NORGE AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

17,81 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 307 000	50 883 000	50 279 000	51 182 000
Net Income	3 505 000	2 896 000	1 711 000	3 410 000
Total Assets	37 970 000	38 943 000	43 108 000	35 934 000
Total Equity	19 676 000	19 291 000	19 125 000	18 974 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 307 000	50 883 000	50 279 000	51 182 000
Expenditure	51 758 000	47 134 000	47 651 000	46 931 000
Operating Profit	4 549 000	3 749 000	2 629 000	4 251 000
Financial Income	197 000	390 000	469 000	330 000
Financial Costs	173 000	351 000	811 000	158 000
Financial Balance	24 000	39 000	−342 000	172 000
Earnings Before Tax	4 573 000	3 788 000	2 287 000	4 423 000
Tax	1 068 000	892 000	576 000	1 014 000
Net Income	3 505 000	2 896 000	1 711 000	3 410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	42 000	61 000	87 000
Total Current Assets	37 940 000	38 901 000	43 047 000	35 847 000
Total Assets	37 970 000	38 943 000	43 108 000	35 934 000
Total Retained Equity	19 576 000	19 191 000	19 025 000	18 874 000
Total Equity	19 676 000	19 291 000	19 125 000	18 974 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 294 000	19 653 000	23 983 000	16 960 000
Total Equity and Debt	37 970 000	38 943 000	43 108 000	35 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	50 883 000	50 279 000	51 182 000
Other Income	56 307 000	0	0	0
Revenue	56 307 000	50 883 000	50 279 000	51 182 000
Cost of Goods Sold	0	0	0	0
Salary Costs	37 514 000	34 912 000	35 534 000	36 082 000
Depreciation	0	0	0	133 000
Impairment	0	0	0	0
Expenditure	51 758 000	47 134 000	47 651 000	46 931 000
Operating Profit	4 549 000	3 749 000	2 629 000	4 251 000
Financial Income	197 000	390 000	469 000	330 000
Financial Costs	173 000	351 000	811 000	158 000
Financial Balance	24 000	39 000	−342 000	172 000
Dividends	0	0	0	0
Net Income	3 505 000	2 896 000	1 711 000	3 410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	42 000	61 000	87 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	42 000	61 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 205 000	4 801 000	6 145 000	5 946 000
Total Current Assets	37 940 000	38 901 000	43 047 000	35 847 000
Total Assets	37 970 000	38 943 000	43 108 000	35 934 000
Total Equity	19 676 000	19 291 000	19 125 000	18 974 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 899 000	8 603 000	12 235 000	8 027 000
Unpaid Taxes	3 950 000	5 471 000	4 214 000	3 478 000
Dividends	0	0	0	0
Other Current Debt	6 270 000	5 474 000	7 424 000	5 219 000
Total Current Debt	18 294 000	19 653 000	23 983 000	16 960 000
Total Equity and Debt	37 970 000	38 943 000	43 108 000	35 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,81 %	15,01 %	8,95 %	17,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,08 %	7,37 %	5,23 %	8,31 %
Current Ratio	2,07	1,98	1,79	2,11
Quick Ratio	2,07	1,98	1,79	2,11
Equity Ratio	0,52	0,5	0,44	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %