DEEP OCEAN HOLDING AS

0884 OSLO

Finances

Return on Equity

48,5 %

Current Ratio

1,89

Debt-to-Equity Ratio

5,04

Key figures (USD)	2022	2021	2020	2019
Revenue	23 489 000	20 014 000	18 363 000	25 255 000
Net Income	6 034 000	−808 000	−2 693 000	3 448 000
Total Assets	90 802 000	70 356 000	69 065 000	69 378 000
Total Equity	12 440 000	6 617 000	7 588 000	10 351 000

Income (USD)	2022	2021	2020	2019
Revenue	23 489 000	20 014 000	18 363 000	25 255 000
Expenditure	21 493 000	20 944 000	15 766 000	18 408 000
Operating Profit	2 500 000	−167 000	2 350 000	6 558 000
Financial Income	5 017 000	1 737 000	635 000	3 331 000
Financial Costs	1 483 000	2 378 000	4 264 000	6 267 000
Financial Balance	3 534 000	−641 000	−3 629 000	−2 936 000
Earnings Before Tax	6 034 000	−808 000	−1 279 000	3 622 000
Tax	0	0	1 414 000	174 000
Net Income	6 034 000	−808 000	−2 693 000	3 448 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	61 209 000	55 400 000	55 203 000	56 418 000
Total Current Assets	29 593 000	14 956 000	13 862 000	12 960 000
Total Assets	90 802 000	70 356 000	69 065 000	69 378 000
Total Retained Equity	12 436 000	6 613 000	7 584 000	10 347 000
Total Equity	12 440 000	6 617 000	7 588 000	10 351 000
Total Long-Term Debt	62 694 000	51 322 000	50 699 000	49 248 000
Total Current Debt	15 668 000	12 417 000	10 778 000	9 779 000
Total Equity and Debt	90 802 000	70 356 000	69 065 000	69 378 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	22 101 000	18 998 000	17 795 000	24 128 000
Other Income	1 388 000	1 016 000	568 000	1 127 000
Revenue	23 489 000	20 014 000	18 363 000	25 255 000
Cost of Goods Sold	7 035 000	8 817 000	6 039 000	5 653 000
Salary Costs	8 075 000	7 897 000	7 244 000	6 914 000
Depreciation	241 000	872 000	660 000	2 664 000
Impairment	203 000	0	0	0
Expenditure	21 493 000	20 944 000	15 766 000	18 408 000
Operating Profit	2 500 000	−167 000	2 350 000	6 558 000
Financial Income	5 017 000	1 737 000	635 000	3 331 000
Financial Costs	1 483 000	2 378 000	4 264 000	6 267 000
Financial Balance	3 534 000	−641 000	−3 629 000	−2 936 000
Dividends	208 000	0	0	0
Net Income	6 034 000	−808 000	−2 693 000	3 448 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 924 000	46 127 000	46 127 000	47 335 000
Real Eastate	3 741 000	4 111 000	3 877 000	3 742 000
Machinery and Plant Facilities	303 000	83 000	99 000	102 000
Fixtures	0	0	0	0
Total Tangible Assets	15 217 000	9 229 000	9 013 000	9 139 000
Total Fiancial Fixed Assets	68 000	44 000	63 000	−56 000
Total Fixed Assets	61 209 000	55 400 000	55 203 000	56 418 000
Stock	4 021 000	3 231 000	3 002 000	2 593 000
Total Investments	0	0	0	0
Cash, Bank	12 313 000	264 000	184 000	1 037 000
Total Current Assets	29 593 000	14 956 000	13 862 000	12 960 000
Total Assets	90 802 000	70 356 000	69 065 000	69 378 000
Total Equity	12 440 000	6 617 000	7 588 000	10 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 694 000	51 322 000	50 699 000	49 248 000
Creditors	1 548 000	962 000	1 407 000	1 383 000
Unpaid Taxes	0	0	0	0
Dividends	208 000	0	0	0
Other Current Debt	13 412 000	10 750 000	8 663 000	5 154 000
Total Current Debt	15 668 000	12 417 000	10 778 000	9 779 000
Total Equity and Debt	90 802 000	70 356 000	69 065 000	69 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,5 %	−12,21 %	−35,49 %	33,31 %
Debt-to-Equity Ratio	5,04	7,76	6,68	4,76
Operating Profit Margin	10,64 %	−0,83 %	12,8 %	25,97 %
Current Ratio	1,89	1,2	1,29	1,33
Quick Ratio	2,54	1,63	1,78	1,8
Equity Ratio	0,14	0,09	0,11	0,15
Gross Profit Margin	70,05 %	55,95 %	67,11 %	77,62 %