UGLAND OFFSHORE AS

4878 GRIMSTAD

Finances

Return on Equity

21,84 %

Current Ratio

4,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 171 000	3 064 000	3 020 000	2 936 000
Net Income	29 134 000	−181 000	−10 013 000	−9 208 000
Total Assets	133 390 000	104 317 000	88 300 000	88 483 000
Total Equity	133 374 000	104 239 000	88 170 000	88 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 171 000	3 064 000	3 020 000	2 936 000
Expenditure	3 109 000	3 010 000	2 964 000	2 887 000
Operating Profit	62 000	54 000	57 000	50 000
Financial Income	29 090 000	−219 000	−10 031 000	−9 243 000
Financial Costs	5 000	6 000	0	5 000
Financial Balance	29 085 000	−225 000	−10 031 000	−9 248 000
Earnings Before Tax	29 147 000	−170 000	−9 975 000	−9 198 000
Tax	13 000	11 000	38 000	10 000
Net Income	29 134 000	−181 000	−10 013 000	−9 208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 321 000	104 245 000	88 224 000	88 409 000
Total Current Assets	69 000	72 000	76 000	74 000
Total Assets	133 390 000	104 317 000	88 300 000	88 483 000
Total Retained Equity	−28 595 000	−57 729 000	−57 548 000	−47 536 000
Total Equity	133 374 000	104 239 000	88 170 000	88 183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 000	78 000	130 000	300 000
Total Equity and Debt	133 390 000	104 317 000	88 300 000	88 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 171 000	3 064 000	3 020 000	2 936 000
Other Income	0	0	0	0
Revenue	3 171 000	3 064 000	3 020 000	2 936 000
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	3 109 000	3 010 000	2 964 000	2 887 000
Operating Profit	62 000	54 000	57 000	50 000
Financial Income	29 090 000	−219 000	−10 031 000	−9 243 000
Financial Costs	5 000	6 000	0	5 000
Financial Balance	29 085 000	−225 000	−10 031 000	−9 248 000
Dividends	0	0	0	0
Net Income	29 134 000	−181 000	−10 013 000	−9 208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	24 000	35 000	73 000
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	133 310 000	104 221 000	88 190 000	88 337 000
Total Fixed Assets	133 321 000	104 245 000	88 224 000	88 409 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	72 000	76 000	74 000
Total Current Assets	69 000	72 000	76 000	74 000
Total Assets	133 390 000	104 317 000	88 300 000	88 483 000
Total Equity	133 374 000	104 239 000	88 170 000	88 183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	78 000	130 000	300 000
Total Current Debt	16 000	78 000	130 000	300 000
Total Equity and Debt	133 390 000	104 317 000	88 300 000	88 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,84 %	−0,17 %	−11,36 %	−10,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,96 %	1,76 %	1,89 %	1,7 %
Current Ratio	4,31	0,92	0,58	0,25
Quick Ratio	4,31	0,92	0,58	0,25
Equity Ratio	1	1	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %