NORTH SEA OFFSHORE AS

5385 BAKKASUND

Finances

Share Ownership

Return on Equity

−96,77 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 950 000	55 822 000	53 921 000	61 868 000
Net Income	−120 000	−8 000	−1 629 000	212 000
Total Assets	8 657 000	7 976 000	8 532 000	13 676 000
Total Equity	124 000	243 000	54 000	1 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 950 000	55 822 000	53 921 000	61 868 000
Expenditure	57 055 000	55 800 000	55 963 000	61 561 000
Operating Profit	−106 000	22 000	−2 042 000	307 000
Financial Income	13 000	0	15 000	24 000
Financial Costs	55 000	19 000	65 000	59 000
Financial Balance	−42 000	−19 000	−50 000	−35 000
Earnings Before Tax	−147 000	2 000	−2 092 000	272 000
Tax	−28 000	10 000	−463 000	60 000
Net Income	−120 000	−8 000	−1 629 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 000	165 000	178 000	2 081 000
Total Current Assets	8 464 000	7 810 000	8 354 000	11 595 000
Total Assets	8 657 000	7 976 000	8 532 000	13 676 000
Total Retained Equity	−120 000	0	−890 000	739 000
Total Equity	124 000	243 000	54 000	1 083 000
Total Long-Term Debt	0	0	0	284 000
Total Current Debt	8 533 000	7 733 000	8 479 000	12 309 000
Total Equity and Debt	8 657 000	7 976 000	8 532 000	13 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 950 000	55 822 000	53 921 000	61 868 000
Other Income	0	0	0	0
Revenue	56 950 000	55 822 000	53 921 000	61 868 000
Cost of Goods Sold	0	15 000	0	0
Salary Costs	54 502 000	52 265 000	52 621 000	58 001 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 055 000	55 800 000	55 963 000	61 561 000
Operating Profit	−106 000	22 000	−2 042 000	307 000
Financial Income	13 000	0	15 000	24 000
Financial Costs	55 000	19 000	65 000	59 000
Financial Balance	−42 000	−19 000	−50 000	−35 000
Dividends	0	0	0	0
Net Income	−120 000	−8 000	−1 629 000	212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	165 000	178 000	0
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	2 081 000
Total Fixed Assets	193 000	165 000	178 000	2 081 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 495 000	2 692 000	2 509 000	2 751 000
Total Current Assets	8 464 000	7 810 000	8 354 000	11 595 000
Total Assets	8 657 000	7 976 000	8 532 000	13 676 000
Total Equity	124 000	243 000	54 000	1 083 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	284 000
Creditors	182 000	153 000	225 000	8 000
Unpaid Taxes	3 838 000	4 130 000	3 459 000	4 297 000
Dividends	0	0	0	0
Other Current Debt	4 513 000	3 449 000	4 794 000	8 004 000
Total Current Debt	8 533 000	7 733 000	8 479 000	12 309 000
Total Equity and Debt	8 657 000	7 976 000	8 532 000	13 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,77 %	−3,29 %	−3 016,67 %	19,58 %
Debt-to-Equity Ratio	0	0	0	0,26
Operating Profit Margin	−0,19 %	0,04 %	−3,79 %	0,5 %
Current Ratio	0,99	1,01	0,99	0,94
Quick Ratio	0,99	1,01	0,99	0,94
Equity Ratio	0,01	0,03	0,01	0,08
Gross Profit Margin	100 %	99,97 %	100 %	100 %