SEADRILL EUROPE MANAGEMENT AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−149,53 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,31

Key figures (USD)	2021	2020	2019	2018
Revenue	50 256 000	64 427 000	30 790 000	26 372 000
Net Income	−5 229 000	1 913 000	1 826 000	9 680 000
Total Assets	17 092 000	32 765 000	23 440 000	69 608 000
Total Equity	3 497 000	8 725 000	7 211 000	5 753 000

Income (USD)	2021	2020	2019	2018
Revenue	50 256 000	64 427 000	30 790 000	26 372 000
Expenditure	78 608 000	61 805 000	29 014 000	25 086 000
Operating Profit	−28 352 000	2 621 000	1 775 000	1 287 000
Financial Income	23 284 000	−212 000	781 000	12 371 000
Financial Costs	161 000	88 000	148 000	161 000
Financial Balance	23 123 000	−300 000	633 000	12 210 000
Earnings Before Tax	−5 229 000	2 321 000	2 408 000	13 496 000
Tax	0	408 000	583 000	3 817 000
Net Income	−5 229 000	1 913 000	1 826 000	9 680 000

Balance (USD)	2021	2020	2019	2018
Total Fixed Assets	799 000	799 000	1 107 000	1 585 000
Total Current Assets	16 293 000	31 966 000	22 334 000	68 023 000
Total Assets	17 092 000	32 765 000	23 440 000	69 608 000
Total Retained Equity	−2 256 000	2 972 000	1 457 000	0
Total Equity	3 497 000	8 725 000	7 211 000	5 753 000
Total Long-Term Debt	1 077 000	1 335 000	1 798 000	2 896 000
Total Current Debt	12 519 000	22 705 000	14 431 000	60 958 000
Total Equity and Debt	17 092 000	32 765 000	23 440 000	69 608 000

Cash flow (USD)	2021	2020	2019	2018
Sales Income	50 256 000	64 427 000	30 785 000	26 362 000
Other Income	0	0	4 000	10 000
Revenue	50 256 000	64 427 000	30 790 000	26 372 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 645 000	15 068 000	14 347 000	14 084 000
Depreciation	0	0	0	163 000
Impairment	0	0	0	0
Expenditure	78 608 000	61 805 000	29 014 000	25 086 000
Operating Profit	−28 352 000	2 621 000	1 775 000	1 287 000
Financial Income	23 284 000	−212 000	781 000	12 371 000
Financial Costs	161 000	88 000	148 000	161 000
Financial Balance	23 123 000	−300 000	633 000	12 210 000
Dividends	0	0	0	0
Net Income	−5 229 000	1 913 000	1 826 000	9 680 000

Balance details (USD)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	799 000	799 000	1 107 000	1 585 000
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	799 000	799 000	1 107 000	1 585 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 182 000	1 192 000	1 203 000	842 000
Total Current Assets	16 293 000	31 966 000	22 334 000	68 023 000
Total Assets	17 092 000	32 765 000	23 440 000	69 608 000
Total Equity	3 497 000	8 725 000	7 211 000	5 753 000
Short-Term Group Debt	7 772 000	13 534 000	4 466 000	51 313 000
Total Long-Term Debt	1 077 000	1 335 000	1 798 000	2 896 000
Creditors	796 000	630 000	973 000	482 000
Unpaid Taxes	453 000	471 000	1 219 000	860 000
Dividends	0	0	0	0
Other Current Debt	3 497 000	8 070 000	7 774 000	8 303 000
Total Current Debt	12 519 000	22 705 000	14 431 000	60 958 000
Total Equity and Debt	17 092 000	32 765 000	23 440 000	69 608 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−149,53 %	21,93 %	25,32 %	168,26 %
Debt-to-Equity Ratio	0,31	0,15	0,25	0,5
Operating Profit Margin	−56,42 %	4,07 %	5,76 %	4,88 %
Current Ratio	1,3	1,41	1,55	1,12
Quick Ratio	1,3	1,41	1,55	1,12
Equity Ratio	0,2	0,27	0,31	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %