OFFSHORE TECHNOLOGY PARTNER AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−52,27 %

Current Ratio

0,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−69 000	−76 000	−40 000	−87 000
Total Assets	465 000	307 000	305 000	310 000
Total Equity	132 000	51 000	127 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	69 000	76 000	40 000	87 000
Operating Profit	−69 000	−76 000	−40 000	−87 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−69 000	−76 000	−40 000	−87 000
Tax	0	0	0	0
Net Income	−69 000	−76 000	−40 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	283 000	283 000	283 000	283 000
Total Current Assets	182 000	24 000	22 000	27 000
Total Assets	465 000	307 000	305 000	310 000
Total Retained Equity	0	−49 000	0	0
Total Equity	132 000	51 000	127 000	166 000
Total Long-Term Debt	0	0	166 000	131 000
Total Current Debt	333 000	256 000	12 000	12 000
Total Equity and Debt	465 000	307 000	305 000	310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	69 000	76 000	40 000	87 000
Operating Profit	−69 000	−76 000	−40 000	−87 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−69 000	−76 000	−40 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	283 000	283 000	283 000	283 000
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	283 000	283 000	283 000	283 000
Stock	21 000	21 000	21 000	21 000
Total Investments	0	0	0	0
Cash, Bank	11 000	3 000	0	5 000
Total Current Assets	182 000	24 000	22 000	27 000
Total Assets	465 000	307 000	305 000	310 000
Total Equity	132 000	51 000	127 000	166 000
Short-Term Group Debt	0	245 000	0	0
Total Long-Term Debt	0	0	166 000	131 000
Creditors	23 000	11 000	12 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	310 000	0	0	0
Total Current Debt	333 000	256 000	12 000	12 000
Total Equity and Debt	465 000	307 000	305 000	310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,27 %	−149,02 %	−31,5 %	−52,41 %
Debt-to-Equity Ratio	0	0	1,31	0,79
Operating Profit Margin	-	-	-	-
Current Ratio	0,55	0,09	1,83	2,25
Quick Ratio	0,58	0,1	−2,44	−3
Equity Ratio	0,28	0,17	0,42	0,54
Gross Profit Margin	-	-	-	-