BJØRGE OCEAN AS

6057 ELLINGSØY

Finances

Share Ownership

Return on Equity

16,81 %

Current Ratio

0,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 270 000	3 722 000	3 379 000
Net Income	19 000	−566 000	−506 000	−582 000
Total Assets	3 311 000	3 019 000	3 671 000	6 524 000
Total Equity	113 000	94 000	660 000	1 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 056 000	1 270 000	3 722 000	3 379 000
Expenditure	814 000	1 827 000	3 983 000	3 777 000
Operating Profit	242 000	−557 000	−261 000	−397 000
Financial Income	8 000	10 000	55 000	11 000
Financial Costs	225 000	179 000	443 000	361 000
Financial Balance	−217 000	−169 000	−388 000	−350 000
Earnings Before Tax	25 000	−726 000	−649 000	−746 000
Tax	5 000	−160 000	−143 000	−164 000
Net Income	19 000	−566 000	−506 000	−582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 275 000	2 328 000	2 549 000	3 924 000
Total Current Assets	1 036 000	692 000	1 122 000	2 600 000
Total Assets	3 311 000	3 019 000	3 671 000	6 524 000
Total Retained Equity	−2 887 000	−2 906 000	−2 340 000	−1 834 000
Total Equity	113 000	94 000	660 000	1 166 000
Total Long-Term Debt	0	0	320 000	960 000
Total Current Debt	3 197 000	2 925 000	2 691 000	4 398 000
Total Equity and Debt	3 311 000	3 019 000	3 671 000	6 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 056 000	1 270 000	3 693 000	3 379 000
Other Income	0	0	29 000	0
Revenue	1 056 000	1 270 000	3 722 000	3 379 000
Cost of Goods Sold	176 000	604 000	2 179 000	2 003 000
Salary Costs	282 000	285 000	421 000	333 000
Depreciation	47 000	381 000	462 000	457 000
Impairment	0	0	0	0
Expenditure	814 000	1 827 000	3 983 000	3 777 000
Operating Profit	242 000	−557 000	−261 000	−397 000
Financial Income	8 000	10 000	55 000	11 000
Financial Costs	225 000	179 000	443 000	361 000
Financial Balance	−217 000	−169 000	−388 000	−350 000
Dividends	0	0	0	0
Net Income	19 000	−566 000	−506 000	−582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 237 000	2 278 000	2 154 000	2 047 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	50 000	395 000	822 000
Total Tangible Assets	39 000	50 000	395 000	822 000
Total Fiancial Fixed Assets	0	0	0	1 056 000
Total Fixed Assets	2 275 000	2 328 000	2 549 000	3 924 000
Stock	921 000	634 000	764 000	1 258 000
Total Investments	0	0	0	0
Cash, Bank	21 000	20 000	14 000	13 000
Total Current Assets	1 036 000	692 000	1 122 000	2 600 000
Total Assets	3 311 000	3 019 000	3 671 000	6 524 000
Total Equity	113 000	94 000	660 000	1 166 000
Short-Term Group Debt	293 000	212 000	0	0
Total Long-Term Debt	0	0	320 000	960 000
Creditors	20 000	57 000	156 000	153 000
Unpaid Taxes	19 000	18 000	24 000	25 000
Dividends	0	0	0	0
Other Current Debt	31 000	31 000	57 000	808 000
Total Current Debt	3 197 000	2 925 000	2 691 000	4 398 000
Total Equity and Debt	3 311 000	3 019 000	3 671 000	6 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,81 %	−602,13 %	−76,67 %	−49,91 %
Debt-to-Equity Ratio	0	0	0,48	0,82
Operating Profit Margin	22,92 %	−43,86 %	−7,01 %	−11,75 %
Current Ratio	0,32	0,24	0,42	0,59
Quick Ratio	0,46	0,3	0,58	0,83
Equity Ratio	0,03	0,03	0,18	0,18
Gross Profit Margin	83,33 %	52,44 %	41,46 %	40,72 %