GULLFJELL OFFSHORE AS

4250 KOPERVIK

Finances

Return on Equity

91,37 %

Current Ratio

35,5

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	17 589 000	671 000	876 000	28 000
Total Assets	21 516 000	3 445 000	2 774 000	1 899 000
Total Equity	19 251 000	1 662 000	990 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	25 000	14 000	10 000	12 000
Operating Profit	−25 000	−14 000	−10 000	−12 000
Financial Income	18 099 000	1 151 000	981 000	94 000
Financial Costs	437 000	461 000	91 000	56 000
Financial Balance	17 662 000	690 000	890 000	38 000
Earnings Before Tax	17 638 000	676 000	879 000	26 000
Tax	49 000	5 000	3 000	−2 000
Net Income	17 589 000	671 000	876 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 646 000	1 651 000	1 653 000
Total Current Assets	21 516 000	1 800 000	1 123 000	245 000
Total Assets	21 516 000	3 445 000	2 774 000	1 899 000
Total Retained Equity	19 151 000	1 562 000	890 000	14 000
Total Equity	19 251 000	1 662 000	990 000	114 000
Total Long-Term Debt	1 660 000	1 660 000	1 660 000	1 660 000
Total Current Debt	606 000	124 000	124 000	124 000
Total Equity and Debt	21 516 000	3 445 000	2 774 000	1 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	25 000	14 000	10 000	12 000
Operating Profit	−25 000	−14 000	−10 000	−12 000
Financial Income	18 099 000	1 151 000	981 000	94 000
Financial Costs	437 000	461 000	91 000	56 000
Financial Balance	17 662 000	690 000	890 000	38 000
Dividends	0	0	0	0
Net Income	17 589 000	671 000	876 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	8 000
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	0	1 646 000	1 646 000	1 646 000
Total Fixed Assets	0	1 646 000	1 651 000	1 653 000
Stock	0	0	0	0
Total Investments	20 614 000	1 698 000	947 000	150 000
Cash, Bank	902 000	101 000	176 000	96 000
Total Current Assets	21 516 000	1 800 000	1 123 000	245 000
Total Assets	21 516 000	3 445 000	2 774 000	1 899 000
Total Equity	19 251 000	1 662 000	990 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 660 000	1 660 000	1 660 000	1 660 000
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	556 000	124 000	124 000	124 000
Total Current Debt	606 000	124 000	124 000	124 000
Total Equity and Debt	21 516 000	3 445 000	2 774 000	1 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,37 %	40,37 %	88,48 %	24,56 %
Debt-to-Equity Ratio	0,09	1	1,68	14,56
Operating Profit Margin	-	-	-	-
Current Ratio	35,5	14,52	9,06	1,98
Quick Ratio	35,5	14,52	9,06	1,98
Equity Ratio	0,89	0,48	0,36	0,06
Gross Profit Margin	-	-	-	-