OLIMB OFFSHORE AS

1640 RÅDE

Finances

Share Ownership

Return on Equity

8,99 %

Current Ratio

29,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 020 000	7 195 000	476 000	235 000
Net Income	323 000	1 865 000	84 000	−240 000
Total Assets	3 717 000	4 648 000	2 616 000	3 147 000
Total Equity	3 591 000	3 268 000	1 404 000	1 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 020 000	7 195 000	476 000	235 000
Expenditure	607 000	4 805 000	369 000	544 000
Operating Profit	413 000	2 390 000	107 000	−309 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	4 000
Earnings Before Tax	414 000	2 390 000	108 000	−306 000
Tax	91 000	526 000	24 000	−66 000
Net Income	323 000	1 865 000	84 000	−240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	14 000	18 000	22 000
Total Current Assets	3 706 000	4 634 000	2 598 000	3 125 000
Total Assets	3 717 000	4 648 000	2 616 000	3 147 000
Total Retained Equity	2 610 000	2 287 000	423 000	338 000
Total Equity	3 591 000	3 268 000	1 404 000	1 319 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	126 000	1 380 000	1 212 000	1 827 000
Total Equity and Debt	3 717 000	4 648 000	2 616 000	3 147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 020 000	7 195 000	476 000	235 000
Other Income	0	0	0	0
Revenue	1 020 000	7 195 000	476 000	235 000
Cost of Goods Sold	539 000	4 776 000	325 000	235 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	607 000	4 805 000	369 000	544 000
Operating Profit	413 000	2 390 000	107 000	−309 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	4 000
Dividends	0	0	0	1 000 000
Net Income	323 000	1 865 000	84 000	−240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	14 000	18 000	22 000
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	11 000	14 000	18 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	1 834 000	1 481 000	2 759 000
Total Current Assets	3 706 000	4 634 000	2 598 000	3 125 000
Total Assets	3 717 000	4 648 000	2 616 000	3 147 000
Total Equity	3 591 000	3 268 000	1 404 000	1 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	33 000	8 000	14 000
Unpaid Taxes	0	517 000	0	269 000
Dividends	0	0	0	1 000 000
Other Current Debt	0	0	834 000	472 000
Total Current Debt	126 000	1 380 000	1 212 000	1 827 000
Total Equity and Debt	3 717 000	4 648 000	2 616 000	3 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,99 %	57,07 %	5,98 %	−18,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,49 %	33,22 %	22,48 %	−131,49 %
Current Ratio	29,41	3,36	2,14	1,71
Quick Ratio	29,41	3,36	2,14	1,71
Equity Ratio	0,97	0,7	0,54	0,42
Gross Profit Margin	47,16 %	33,62 %	31,72 %	0 %