SIEM ONSHORE AS

5257 KOKSTAD

Finances

Return on Equity

49,07 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 075 000	3 446 000	10 088 000	969 000
Net Income	3 061 000	1 128 000	5 963 000	251 000
Total Assets	7 893 000	7 840 000	8 594 000	950 000
Total Equity	6 238 000	6 677 000	5 949 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 075 000	3 446 000	10 088 000	969 000
Expenditure	5 011 000	1 943 000	2 474 000	813 000
Operating Profit	−1 935 000	1 503 000	7 614 000	156 000
Financial Income	4 997 000	4 000	3 000	100 000
Financial Costs	1 000	1 000	1 000	5 000
Financial Balance	4 996 000	3 000	2 000	95 000
Earnings Before Tax	3 061 000	1 506 000	7 615 000	251 000
Tax	0	378 000	1 652 000	0
Net Income	3 061 000	1 128 000	5 963 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 427 000	832 000	727 000	300 000
Total Current Assets	4 466 000	7 008 000	7 867 000	650 000
Total Assets	7 893 000	7 840 000	8 594 000	950 000
Total Retained Equity	6 138 000	6 577 000	5 849 000	−114 000
Total Equity	6 238 000	6 677 000	5 949 000	−14 000
Total Long-Term Debt	0	0	18 000	0
Total Current Debt	1 656 000	1 163 000	2 627 000	965 000
Total Equity and Debt	7 893 000	7 840 000	8 594 000	950 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 075 000	3 446 000	10 088 000	969 000
Other Income	0	0	0	0
Revenue	3 075 000	3 446 000	10 088 000	969 000
Cost of Goods Sold	24 000	0	27 000	0
Salary Costs	1 580 000	787 000	862 000	0
Depreciation	48 000	76 000	24 000	0
Impairment	0	0	0	0
Expenditure	5 011 000	1 943 000	2 474 000	813 000
Operating Profit	−1 935 000	1 503 000	7 614 000	156 000
Financial Income	4 997 000	4 000	3 000	100 000
Financial Costs	1 000	1 000	1 000	5 000
Financial Balance	4 996 000	3 000	2 000	95 000
Dividends	3 500 000	400 000	0	0
Net Income	3 061 000	1 128 000	5 963 000	251 000

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	368 000	541 000	427 000	0
Total Tangible Assets	368 000	541 000	427 000	0
Total Fiancial Fixed Assets	3 059 000	291 000	300 000	300 000
Total Fixed Assets	3 427 000	832 000	727 000	300 000
Stock	0	0	0	0
Total Investments	0	10 000	10 000	0
Cash, Bank	3 273 000	5 477 000	6 164 000	458 000
Total Current Assets	4 466 000	7 008 000	7 867 000	650 000
Total Assets	7 893 000	7 840 000	8 594 000	950 000
Total Equity	6 238 000	6 677 000	5 949 000	−14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	18 000	0
Creditors	42 000	5 000	209 000	42 000
Unpaid Taxes	211 000	395 000	585 000	80 000
Dividends	3 500 000	400 000	0	0
Other Current Debt	1 403 000	367 000	199 000	843 000
Total Current Debt	1 656 000	1 163 000	2 627 000	965 000
Total Equity and Debt	7 893 000	7 840 000	8 594 000	950 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,07 %	16,89 %	100,24 %	−1 792,86 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−62,93 %	43,62 %	75,48 %	16,1 %
Current Ratio	2,7	6,03	2,99	0,67
Quick Ratio	2,7	6,03	2,99	0,67
Equity Ratio	0,79	0,85	0,69	−0,01
Gross Profit Margin	99,22 %	100 %	99,73 %	100 %