OFFSHORE & HEAVYLIFT SERVICES AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

16,98 %

Current Ratio

12,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 859 000	4 697 000	4 773 000	3 301 000
Net Income	64 000	119 000	332 000	7 000
Total Assets	410 000	356 000	542 000	1 236 000
Total Equity	377 000	313 000	194 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 859 000	4 697 000	4 773 000	3 301 000
Expenditure	4 786 000	4 503 000	4 384 000	3 225 000
Operating Profit	73 000	194 000	389 000	76 000
Financial Income	46 000	19 000	53 000	4 000
Financial Costs	36 000	61 000	16 000	8 000
Financial Balance	10 000	−42 000	37 000	−4 000
Earnings Before Tax	82 000	152 000	426 000	72 000
Tax	18 000	33 000	94 000	65 000
Net Income	64 000	119 000	332 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	410 000	356 000	542 000	1 236 000
Total Assets	410 000	356 000	542 000	1 236 000
Total Retained Equity	275 000	211 000	92 000	10 000
Total Equity	377 000	313 000	194 000	112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	34 000	44 000	348 000	1 124 000
Total Equity and Debt	410 000	356 000	542 000	1 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 859 000	4 697 000	5 040 000	2 980 000
Other Income	0	0	−267 000	321 000
Revenue	4 859 000	4 697 000	4 773 000	3 301 000
Cost of Goods Sold	4 483 000	4 184 000	3 925 000	2 458 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 786 000	4 503 000	4 384 000	3 225 000
Operating Profit	73 000	194 000	389 000	76 000
Financial Income	46 000	19 000	53 000	4 000
Financial Costs	36 000	61 000	16 000	8 000
Financial Balance	10 000	−42 000	37 000	−4 000
Dividends	0	0	250 000	60 000
Net Income	64 000	119 000	332 000	7 000

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	343 000	321 000	541 000	966 000
Total Current Assets	410 000	356 000	542 000	1 236 000
Total Assets	410 000	356 000	542 000	1 236 000
Total Equity	377 000	313 000	194 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	10 000	4 000	568 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	250 000	60 000
Other Current Debt	8 000	0	0	431 000
Total Current Debt	34 000	44 000	348 000	1 124 000
Total Equity and Debt	410 000	356 000	542 000	1 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,98 %	38,02 %	171,13 %	6,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,5 %	4,13 %	8,15 %	2,3 %
Current Ratio	12,06	8,09	1,56	1,1
Quick Ratio	12,06	8,09	1,56	1,1
Equity Ratio	0,92	0,88	0,36	0,09
Gross Profit Margin	7,74 %	10,92 %	17,77 %	25,54 %