SUNDT OFFSHORE AS

0373 OSLO

Finances

Share Ownership

Return on Equity

81,1 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 349 000	3 928 000	2 429 000	1 249 000
Net Income	1 515 000	732 000	1 471 000	−1 289 000
Total Assets	2 759 000	2 531 000	2 201 000	884 000
Total Equity	1 868 000	353 000	971 000	−500 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 349 000	3 928 000	2 429 000	1 249 000
Expenditure	3 873 000	3 093 000	933 000	2 523 000
Operating Profit	1 476 000	835 000	1 496 000	−1 275 000
Financial Income	60 000	50 000	62 000	26 000
Financial Costs	21 000	153 000	87 000	41 000
Financial Balance	39 000	−103 000	−25 000	−15 000
Earnings Before Tax	1 515 000	732 000	1 471 000	−1 289 000
Tax	0	0	0	0
Net Income	1 515 000	732 000	1 471 000	−1 289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	51 000	78 000	78 000
Total Current Assets	2 708 000	2 480 000	2 124 000	807 000
Total Assets	2 759 000	2 531 000	2 201 000	884 000
Total Retained Equity	1 515 000	0	258 000	−1 212 000
Total Equity	1 868 000	353 000	971 000	−500 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	890 000	2 178 000	1 230 000	1 384 000
Total Equity and Debt	2 759 000	2 531 000	2 201 000	884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 349 000	3 928 000	2 429 000	1 249 000
Other Income	0	0	0	0
Revenue	5 349 000	3 928 000	2 429 000	1 249 000
Cost of Goods Sold	455 000	994 000	0	0
Salary Costs	1 629 000	1 496 000	409 000	1 567 000
Depreciation	0	0	0	7 000
Impairment	0	0	0	0
Expenditure	3 873 000	3 093 000	933 000	2 523 000
Operating Profit	1 476 000	835 000	1 496 000	−1 275 000
Financial Income	60 000	50 000	62 000	26 000
Financial Costs	21 000	153 000	87 000	41 000
Financial Balance	39 000	−103 000	−25 000	−15 000
Dividends	0	1 350 000	0	0
Net Income	1 515 000	732 000	1 471 000	−1 289 000

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	51 000	51 000	78 000	78 000
Total Fixed Assets	51 000	51 000	78 000	78 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	190 000	1 465 000	527 000	201 000
Total Current Assets	2 708 000	2 480 000	2 124 000	807 000
Total Assets	2 759 000	2 531 000	2 201 000	884 000
Total Equity	1 868 000	353 000	971 000	−500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	182 000	24 000	52 000	161 000
Unpaid Taxes	205 000	344 000	3 000	75 000
Dividends	0	1 350 000	0	0
Other Current Debt	503 000	460 000	234 000	207 000
Total Current Debt	890 000	2 178 000	1 230 000	1 384 000
Total Equity and Debt	2 759 000	2 531 000	2 201 000	884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,1 %	207,37 %	151,49 %	257,8 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	27,59 %	21,26 %	61,59 %	−102,08 %
Current Ratio	3,04	1,14	1,73	0,58
Quick Ratio	3,04	1,14	1,73	0,58
Equity Ratio	0,68	0,14	0,44	−0,57
Gross Profit Margin	91,49 %	74,69 %	100 %	100 %