OCEAN INNOVATION NORWEGIAN CATAPULT AS

5006 BERGEN

Finances

Share Ownership

Return on Equity

−71,4 %

Current Ratio

0,93

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 281 000	23 279 000	28 449 000	14 706 000
Net Income	307 000	−1 559 000	157 000	−329 000
Total Assets	10 215 000	14 257 000	15 881 000	9 722 000
Total Equity	−430 000	−737 000	822 000	651 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 281 000	23 279 000	28 449 000	14 706 000
Expenditure	22 011 000	24 873 000	28 329 000	15 104 000
Operating Profit	270 000	−1 594 000	120 000	−398 000
Financial Income	37 000	36 000	36 000	69 000
Financial Costs	1 000	2 000	0	0
Financial Balance	36 000	34 000	36 000	69 000
Earnings Before Tax	307 000	−1 559 000	157 000	−329 000
Tax	0	0	0	0
Net Income	307 000	−1 559 000	157 000	−329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	458 000	0	0
Total Current Assets	9 857 000	13 798 000	15 881 000	9 722 000
Total Assets	10 215 000	14 257 000	15 881 000	9 722 000
Total Retained Equity	−1 410 000	−1 717 000	−158 000	−329 000
Total Equity	−430 000	−737 000	822 000	651 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 645 000	14 993 000	15 058 000	9 071 000
Total Equity and Debt	10 215 000	14 257 000	15 881 000	9 722 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 177 000	2 719 000	709 000	14 706 000
Other Income	19 104 000	20 561 000	27 740 000	0
Revenue	22 281 000	23 279 000	28 449 000	14 706 000
Cost of Goods Sold	17 438 000	19 973 000	25 815 000	13 706 000
Salary Costs	967 000	137 000	0	0
Depreciation	100 000	42 000	0	0
Impairment	0	0	0	0
Expenditure	22 011 000	24 873 000	28 329 000	15 104 000
Operating Profit	270 000	−1 594 000	120 000	−398 000
Financial Income	37 000	36 000	36 000	69 000
Financial Costs	1 000	2 000	0	0
Financial Balance	36 000	34 000	36 000	69 000
Dividends	0	0	0	0
Net Income	307 000	−1 559 000	157 000	−329 000

Balance details (NOK)	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	358 000	458 000	0	0
Total Tangible Assets	358 000	458 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	358 000	458 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 027 000	11 892 000	15 024 000	2 968 000
Total Current Assets	9 857 000	13 798 000	15 881 000	9 722 000
Total Assets	10 215 000	14 257 000	15 881 000	9 722 000
Total Equity	−430 000	−737 000	822 000	651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	575 000	2 401 000	7 012 000	262 000
Unpaid Taxes	81 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 990 000	12 592 000	8 046 000	8 809 000
Total Current Debt	10 645 000	14 993 000	15 058 000	9 071 000
Total Equity and Debt	10 215 000	14 257 000	15 881 000	9 722 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,4 %	211,53 %	19,1 %	−50,54 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	1,21 %	−6,85 %	0,42 %	−2,71 %
Current Ratio	0,93	0,92	1,05	1,07
Quick Ratio	0,93	0,92	1,05	1,07
Equity Ratio	−0,04	−0,05	0,05	0,07
Gross Profit Margin	21,74 %	14,2 %	9,26 %	6,8 %