Prosafe SE

Oslo Stock Exchange PRS.OL

Prosafe SE Interest Coverage Ratio for the year ending December 31, 2023: -1.60

Prosafe SE Interest Coverage Ratio is -1.60 for the year ending December 31, 2023, a -196.30% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Prosafe SE Interest Coverage Ratio for the year ending December 31, 2022 was 1.66, a 257.29% change year over year.
Prosafe SE Interest Coverage Ratio for the year ending December 31, 2021 was -1.06, a 93.41% change year over year.
Prosafe SE Interest Coverage Ratio for the year ending December 31, 2020 was -16.03, a -246.97% change year over year.
Prosafe SE Interest Coverage Ratio for the year ending December 31, 2019 was -4.62, a -562.99% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: PRS.OL

Prosafe SE

CEO	Mr. Terje Askvig
IPO Date	Jan. 3, 2000
Location	Norway
Headquarters	Forusparken 2
Employees	255
Sector	Energy
Industries Offshore Drilling Cruise Lines Drilling Maritime Shipping Oil & Gas Pipeline Transport Ports Shipbuilding

Description

Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Europe, South America, and Asia. It is also involved in the maintenance and modification of installations on fields for the production, hook-up and commissioning of new fields, tiebacks, existing infrastructure, and decommissioning activities. The company owns and operates a fleet of six semi-submersible accommodation vessels and one tender support vessel. It primarily serves oil and gas industries. The company was founded in 1972 and is headquartered in Stavanger, Norway.

Key trends

Past 5 years