OFFSHORE & MARINE SERVICES AS

5962 BJORDAL

Finances

Return on Equity

26,3 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 028 000	19 171 000	6 822 000	1 969 000
Net Income	1 333 000	2 097 000	−336 000	1 002 000
Total Assets	11 888 000	6 021 000	4 240 000	1 890 000
Total Equity	5 069 000	3 736 000	939 000	1 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 028 000	19 171 000	6 822 000	1 969 000
Expenditure	38 161 000	16 272 000	7 217 000	673 000
Operating Profit	867 000	2 899 000	−395 000	1 296 000
Financial Income	1 200 000	153 000	41 000	2 000
Financial Costs	343 000	389 000	82 000	13 000
Financial Balance	857 000	−236 000	−41 000	−11 000
Earnings Before Tax	1 724 000	2 663 000	−435 000	1 285 000
Tax	391 000	566 000	−99 000	283 000
Net Income	1 333 000	2 097 000	−336 000	1 002 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	865 000	602 000	264 000	102 000
Total Current Assets	11 023 000	5 419 000	3 976 000	1 787 000
Total Assets	11 888 000	6 021 000	4 240 000	1 890 000
Total Retained Equity	4 339 000	3 006 000	909 000	1 245 000
Total Equity	5 069 000	3 736 000	939 000	1 275 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 818 000	2 285 000	3 301 000	615 000
Total Equity and Debt	11 888 000	6 021 000	4 240 000	1 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 028 000	19 171 000	2 251 000	1 969 000
Other Income	0	0	4 571 000	0
Revenue	39 028 000	19 171 000	6 822 000	1 969 000
Cost of Goods Sold	33 276 000	12 728 000	6 491 000	511 000
Salary Costs	2 307 000	1 536 000	229 000	29 000
Depreciation	140 000	89 000	34 000	24 000
Impairment	101 000	0	0	0
Expenditure	38 161 000	16 272 000	7 217 000	673 000
Operating Profit	867 000	2 899 000	−395 000	1 296 000
Financial Income	1 200 000	153 000	41 000	2 000
Financial Costs	343 000	389 000	82 000	13 000
Financial Balance	857 000	−236 000	−41 000	−11 000
Dividends	0	0	0	100 000
Net Income	1 333 000	2 097 000	−336 000	1 002 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	182 000	162 000	0	0
Real Eastate	19 000	25 000	31 000	38 000
Machinery and Plant Facilities	10 000	27 000	45 000	62 000
Fixtures	439 000	271 000	186 000	0
Total Tangible Assets	468 000	323 000	262 000	100 000
Total Fiancial Fixed Assets	214 000	117 000	2 000	2 000
Total Fixed Assets	865 000	602 000	264 000	102 000
Stock	300 000	300 000	293 000	0
Total Investments	0	0	0	0
Cash, Bank	339 000	3 069 000	1 033 000	690 000
Total Current Assets	11 023 000	5 419 000	3 976 000	1 787 000
Total Assets	11 888 000	6 021 000	4 240 000	1 890 000
Total Equity	5 069 000	3 736 000	939 000	1 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 068 000	1 210 000	2 645 000	25 000
Unpaid Taxes	121 000	86 000	306 000	0
Dividends	0	0	0	100 000
Other Current Debt	2 218 000	261 000	351 000	207 000
Total Current Debt	6 818 000	2 285 000	3 301 000	615 000
Total Equity and Debt	11 888 000	6 021 000	4 240 000	1 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,3 %	56,13 %	−35,78 %	78,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,22 %	15,12 %	−5,79 %	65,82 %
Current Ratio	1,62	2,37	1,2	2,91
Quick Ratio	1,69	2,73	1,32	2,91
Equity Ratio	0,43	0,62	0,22	0,67
Gross Profit Margin	14,74 %	33,61 %	4,85 %	74,05 %