HIGHLIGHTS IN THE SECOND QUARTER
• Strong revenue growth of 67%
• Improved EBITDA margin
• Comfortable liquidity position and book equity ratio of 50%
• Several new contracts in the quarter and after quarter end
• Good operating performance and no LTI’s
• Positive outlook

Revenues in Q2 2022 amounted to NOK 46.4m and EBITDA was NOK 9.6m. Profit before tax came to NOK 5.6m. Revenue growth compared to the same quarter last year was 67%.

FIRST HALF 2022
Revenues year to date per Q2 2022 was NOK 90.4m, while EBITDA before one off items and profit before tax was respectively NOK 18.4m and NOK 4.4m.
Revenue growth compared to 1 HY 2021 was 92%.

Please see attached the full report.

Second quarter and first half 2022 results