OCEAN GEOLOOP AS

7652 VERDAL

Finances

Return on Equity

−18,52 %

Current Ratio

3,75

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020
Revenue	128 093 000	300 000	0
Net Income	−51 727 000	−51 802 000	−9 688 000
Total Assets	363 201 000	152 051 000	96 699 000
Total Equity	279 353 000	141 191 000	91 718 000

Income (NOK)	2022	2021	2020
Revenue	128 093 000	300 000	0
Expenditure	180 565 000	52 076 000	9 688 000
Operating Profit	−52 472 000	−51 776 000	−9 688 000
Financial Income	210 000	35 000	0
Financial Costs	1 658 000	61 000	0
Financial Balance	−1 448 000	−26 000	0
Earnings Before Tax	−53 920 000	−51 802 000	−9 688 000
Tax	−2 193 000	0	0
Net Income	−51 727 000	−51 802 000	−9 688 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	124 164 000	1 369 000	0
Total Current Assets	239 037 000	150 681 000	96 699 000
Total Assets	363 201 000	152 051 000	96 699 000
Total Retained Equity	−68 567 000	−56 516 000	−9 714 000
Total Equity	279 353 000	141 191 000	91 718 000
Total Long-Term Debt	20 031 000	0	0
Total Current Debt	63 819 000	10 859 000	4 981 000
Total Equity and Debt	363 203 000	152 051 000	96 699 000

Cash flow (NOK)	2022	2021	2020
Sales Income	128 143 000	0	0
Other Income	−50 000	300 000	0
Revenue	128 093 000	300 000	0
Cost of Goods Sold	103 305 000	11 000	0
Salary Costs	30 550 000	9 125 000	0
Depreciation	20 206 000	57 000	0
Impairment	0	0	0
Expenditure	180 565 000	52 076 000	9 688 000
Operating Profit	−52 472 000	−51 776 000	−9 688 000
Financial Income	210 000	35 000	0
Financial Costs	1 658 000	61 000	0
Financial Balance	−1 448 000	−26 000	0
Dividends	0	0	0
Net Income	−51 727 000	−51 802 000	−9 688 000

Balance details (NOK)	2022	2021	2020
Goodwill	11 352 000	0	0
Total Intangible Assets	71 222 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	48 550 000	83 000	0
Fixtures	4 392 000	1 287 000	0
Total Tangible Assets	52 942 000	1 369 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	124 164 000	1 369 000	0
Stock	4 487 000	0	0
Total Investments	5 000	0	0
Cash, Bank	179 831 000	142 515 000	96 262 000
Total Current Assets	239 037 000	150 681 000	96 699 000
Total Assets	363 201 000	152 051 000	96 699 000
Total Equity	279 353 000	141 191 000	91 718 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	20 031 000	0	0
Creditors	39 907 000	7 678 000	4 400 000
Unpaid Taxes	6 789 000	756 000	0
Dividends	0	0	0
Other Current Debt	16 205 000	2 426 000	580 000
Total Current Debt	63 819 000	10 859 000	4 981 000
Total Equity and Debt	363 203 000	152 051 000	96 699 000

Financial indicators	2022	2021	2020
Return on Equity	−18,52 %	−36,69 %	−10,56 %
Debt-to-Equity Ratio	0,07	0	0
Operating Profit Margin	−40,96 %	−17 258,67 %	-
Current Ratio	3,75	13,88	19,41
Quick Ratio	4,03	13,88	19,41
Equity Ratio	0,77	0,93	0,95
Gross Profit Margin	19,35 %	96,33 %	-