OLYMPIC SUBSEA SHIPHOLDING AS

6090 FOSNAVÅG

Finances

Return on Equity

25,64 %

Current Ratio

388,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	16 364 000	−48 000	−258 756 000	−63 239 000
Total Assets	63 949 000	5 978 000	6 026 000	264 782 000
Total Equity	63 824 000	5 978 000	6 026 000	264 782 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	290 000	76 000	73 000	76 000
Operating Profit	−290 000	−76 000	−73 000	−76 000
Financial Income	1 275 000	28 000	51 000	21 000
Financial Costs	−15 399 000	0	258 734 000	63 184 000
Financial Balance	16 674 000	28 000	−258 683 000	−63 163 000
Earnings Before Tax	16 383 000	−48 000	−258 756 000	−63 239 000
Tax	19 000	0	0	0
Net Income	16 364 000	−48 000	−258 756 000	−63 239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 400 000	0	0	258 734 000
Total Current Assets	48 549 000	5 978 000	6 026 000	6 048 000
Total Assets	63 949 000	5 978 000	6 026 000	264 782 000
Total Retained Equity	12 861 000	−4 085 000	−4 037 000	0
Total Equity	63 824 000	5 978 000	6 026 000	264 782 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	125 000	0	0	0
Total Equity and Debt	63 949 000	5 978 000	6 026 000	264 782 000

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	290 000	76 000	73 000	76 000
Operating Profit	−290 000	−76 000	−73 000	−76 000
Financial Income	1 275 000	28 000	51 000	21 000
Financial Costs	−15 399 000	0	258 734 000	63 184 000
Financial Balance	16 674 000	28 000	−258 683 000	−63 163 000
Dividends	0	0	0	0
Net Income	16 364 000	−48 000	−258 756 000	−63 239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	15 400 000	0	0	258 734 000
Total Fixed Assets	15 400 000	0	0	258 734 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	1 000	6 048 000
Total Current Assets	48 549 000	5 978 000	6 026 000	6 048 000
Total Assets	63 949 000	5 978 000	6 026 000	264 782 000
Total Equity	63 824 000	5 978 000	6 026 000	264 782 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	105 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	125 000	0	0	0
Total Equity and Debt	63 949 000	5 978 000	6 026 000	264 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,64 %	−0,8 %	−4 293,99 %	−23,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	388,39	-	-	-
Quick Ratio	388,39	-	-	-
Equity Ratio	1	1	1	1
Gross Profit Margin	-	-	-	-