FJORD OFFSHORE AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

75,25 %

Current Ratio

1,43

Debt-to-Equity Ratio

3,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 995 000	9 803 000	10 526 000	15 515 000
Net Income	76 000	129 000	−4 000	95 000
Total Assets	1 394 000	2 005 000	892 000	1 557 000
Total Equity	101 000	101 000	97 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 995 000	9 803 000	10 526 000	15 515 000
Expenditure	5 922 000	9 611 000	10 567 000	15 362 000
Operating Profit	72 000	192 000	−41 000	154 000
Financial Income	201 000	80 000	189 000	161 000
Financial Costs	176 000	107 000	152 000	193 000
Financial Balance	25 000	−27 000	37 000	−32 000
Earnings Before Tax	98 000	164 000	−4 000	121 000
Tax	21 000	35 000	0	27 000
Net Income	76 000	129 000	−4 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 394 000	2 005 000	892 000	1 557 000
Total Assets	1 394 000	2 005 000	892 000	1 557 000
Total Retained Equity	0	0	−3 000	1 000
Total Equity	101 000	101 000	97 000	101 000
Total Long-Term Debt	315 000	154 000	154 000	154 000
Total Current Debt	978 000	1 750 000	641 000	1 302 000
Total Equity and Debt	1 394 000	2 005 000	892 000	1 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 995 000	9 803 000	10 526 000	15 515 000
Other Income	0	0	0	0
Revenue	5 995 000	9 803 000	10 526 000	15 515 000
Cost of Goods Sold	5 753 000	5 413 000	6 319 000	13 377 000
Salary Costs	0	3 853 000	4 085 000	1 761 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 922 000	9 611 000	10 567 000	15 362 000
Operating Profit	72 000	192 000	−41 000	154 000
Financial Income	201 000	80 000	189 000	161 000
Financial Costs	176 000	107 000	152 000	193 000
Financial Balance	25 000	−27 000	37 000	−32 000
Dividends	0	0	0	0
Net Income	76 000	129 000	−4 000	95 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 287 000	1 938 000	862 000	1 301 000
Total Current Assets	1 394 000	2 005 000	892 000	1 557 000
Total Assets	1 394 000	2 005 000	892 000	1 557 000
Total Equity	101 000	101 000	97 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	315 000	154 000	154 000	154 000
Creditors	9 000	335 000	31 000	788 000
Unpaid Taxes	0	404 000	334 000	233 000
Dividends	0	0	0	0
Other Current Debt	969 000	1 011 000	275 000	259 000
Total Current Debt	978 000	1 750 000	641 000	1 302 000
Total Equity and Debt	1 394 000	2 005 000	892 000	1 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,25 %	127,72 %	−4,12 %	94,06 %
Debt-to-Equity Ratio	3,12	1,52	1,59	1,52
Operating Profit Margin	1,2 %	1,96 %	−0,39 %	0,99 %
Current Ratio	1,43	1,15	1,39	1,2
Quick Ratio	1,43	1,15	1,39	1,2
Equity Ratio	0,07	0,05	0,11	0,06
Gross Profit Margin	4,04 %	44,78 %	39,97 %	13,78 %