SAIPEM DRILLING NORWAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−271,74 %

Current Ratio

0,06

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	96 937 000	76 301 000	41 657 000	57 633 000
Net Income	−29 894 000	−14 495 000	−95 219 000	−17 054 000
Total Assets	558 847 000	291 961 000	294 036 000	385 931 000
Total Equity	11 001 000	40 600 000	−75 179 000	19 892 000

Income (EUR)	2022	2021	2020	2019
Revenue	96 937 000	76 301 000	41 657 000	57 633 000
Expenditure	115 876 000	80 036 000	123 746 000	63 403 000
Operating Profit	−18 939 000	−3 734 000	−82 090 000	−5 770 000
Financial Income	16 025 000	1 564 000	1 343 000	415 000
Financial Costs	27 063 000	12 402 000	14 515 000	11 767 000
Financial Balance	−11 038 000	−10 838 000	−13 172 000	−11 352 000
Earnings Before Tax	−29 977 000	−14 572 000	−95 262 000	−17 121 000
Tax	−83 000	−77 000	−42 000	−67 000
Net Income	−29 894 000	−14 495 000	−95 219 000	−17 054 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	527 274 000	261 079 000	270 547 000	344 978 000
Total Current Assets	31 573 000	30 882 000	23 489 000	40 953 000
Total Assets	558 847 000	291 961 000	294 036 000	385 931 000
Total Retained Equity	−675 310 000	−645 416 000	−630 921 000	−535 701 000
Total Equity	11 001 000	40 600 000	−75 179 000	19 892 000
Total Long-Term Debt	0	0	1 629 000	2 048 000
Total Current Debt	547 846 000	251 361 000	367 586 000	363 991 000
Total Equity and Debt	558 847 000	291 961 000	294 036 000	385 931 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	96 937 000	76 301 000	41 657 000	57 633 000
Revenue	96 937 000	76 301 000	41 657 000	57 633 000
Cost of Goods Sold	0	0	0	0
Salary Costs	32 745 000	33 021 000	27 255 000	33 948 000
Depreciation	15 233 000	16 767 000	18 620 000	18 105 000
Impairment	14 000 000	0	58 000 000	0
Expenditure	115 876 000	80 036 000	123 746 000	63 403 000
Operating Profit	−18 939 000	−3 734 000	−82 090 000	−5 770 000
Financial Income	16 025 000	1 564 000	1 343 000	415 000
Financial Costs	27 063 000	12 402 000	14 515 000	11 767 000
Financial Balance	−11 038 000	−10 838 000	−13 172 000	−11 352 000
Dividends	0	0	0	0
Net Income	−29 894 000	−14 495 000	−95 219 000	−17 054 000

Balance details (EUR)	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	527 274 000	261 079 000	270 547 000	344 978 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	527 274 000	261 079 000	270 547 000	344 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 090 000	2 340 000	1 780 000	1 571 000
Total Current Assets	31 573 000	30 882 000	23 489 000	40 953 000
Total Assets	558 847 000	291 961 000	294 036 000	385 931 000
Total Equity	11 001 000	40 600 000	−75 179 000	19 892 000
Short-Term Group Debt	473 594 000	222 074 000	345 316 000	323 505 000
Total Long-Term Debt	0	0	1 629 000	2 048 000
Creditors	62 824 000	24 811 000	11 930 000	23 629 000
Unpaid Taxes	2 686 000	3 005 000	2 014 000	1 995 000
Dividends	0	0	0	0
Other Current Debt	8 742 000	1 472 000	8 325 000	14 862 000
Total Current Debt	547 846 000	251 361 000	367 586 000	363 991 000
Total Equity and Debt	558 847 000	291 961 000	294 036 000	385 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−271,74 %	−35,7 %	126,66 %	−85,73 %
Debt-to-Equity Ratio	0	0	−0,02	0,1
Operating Profit Margin	−19,54 %	−4,89 %	−197,06 %	−10,01 %
Current Ratio	0,06	0,12	0,06	0,11
Quick Ratio	0,06	0,12	0,06	0,11
Equity Ratio	0,02	0,14	−0,26	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %