OCEAN OUTDOOR NORWAY AS

0278 OSLO

Finances

Share Ownership

Return on Equity

−48,8 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 102 000	35 865 000	25 452 000	44 110 000
Net Income	−1 976 000	−1 331 000	−2 135 000	5 543 000
Total Assets	22 612 000	23 375 000	13 554 000	22 233 000
Total Equity	4 049 000	6 024 000	7 355 000	9 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 102 000	35 865 000	25 452 000	44 110 000
Expenditure	49 516 000	37 567 000	28 168 000	37 065 000
Operating Profit	−2 414 000	−1 701 000	−2 716 000	7 045 000
Financial Income	0	17 000	3 000	73 000
Financial Costs	113 000	19 000	21 000	9 000
Financial Balance	−113 000	−2 000	−18 000	64 000
Earnings Before Tax	−2 527 000	−1 703 000	−2 734 000	7 109 000
Tax	−552 000	−373 000	−599 000	1 566 000
Net Income	−1 976 000	−1 331 000	−2 135 000	5 543 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 957 000	8 093 000	4 281 000	6 528 000
Total Current Assets	17 655 000	15 282 000	9 273 000	15 705 000
Total Assets	22 612 000	23 375 000	13 554 000	22 233 000
Total Retained Equity	4 019 000	5 994 000	7 325 000	9 460 000
Total Equity	4 049 000	6 024 000	7 355 000	9 490 000
Total Long-Term Debt	0	0	0	50 000
Total Current Debt	18 564 000	17 350 000	6 199 000	12 693 000
Total Equity and Debt	22 612 000	23 375 000	13 554 000	22 233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 102 000	35 865 000	25 452 000	44 110 000
Other Income	0	0	0	0
Revenue	47 102 000	35 865 000	25 452 000	44 110 000
Cost of Goods Sold	30 584 000	24 526 000	18 649 000	26 649 000
Salary Costs	10 943 000	8 471 000	6 011 000	7 341 000
Depreciation	1 160 000	722 000	1 032 000	960 000
Impairment	0	0	1 085 000	0
Expenditure	49 516 000	37 567 000	28 168 000	37 065 000
Operating Profit	−2 414 000	−1 701 000	−2 716 000	7 045 000
Financial Income	0	17 000	3 000	73 000
Financial Costs	113 000	19 000	21 000	9 000
Financial Balance	−113 000	−2 000	−18 000	64 000
Dividends	0	0	0	0
Net Income	−1 976 000	−1 331 000	−2 135 000	5 543 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 222 000	670 000	298 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 707 000	0	0	0
Fixtures	12 000	4 570 000	582 000	2 528 000
Total Tangible Assets	3 735 000	4 570 000	582 000	2 528 000
Total Fiancial Fixed Assets	0	2 852 000	3 402 000	4 000 000
Total Fixed Assets	4 957 000	8 093 000	4 281 000	6 528 000
Stock	127 000	199 000	239 000	333 000
Total Investments	0	0	0	0
Cash, Bank	7 616 000	7 536 000	5 933 000	7 306 000
Total Current Assets	17 655 000	15 282 000	9 273 000	15 705 000
Total Assets	22 612 000	23 375 000	13 554 000	22 233 000
Total Equity	4 049 000	6 024 000	7 355 000	9 490 000
Short-Term Group Debt	4 557 000	0	0	0
Total Long-Term Debt	0	0	0	50 000
Creditors	1 511 000	6 383 000	1 246 000	2 363 000
Unpaid Taxes	2 275 000	946 000	755 000	1 471 000
Dividends	0	0	0	0
Other Current Debt	10 221 000	10 021 000	4 198 000	7 234 000
Total Current Debt	18 564 000	17 350 000	6 199 000	12 693 000
Total Equity and Debt	22 612 000	23 375 000	13 554 000	22 233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,8 %	−22,09 %	−29,03 %	58,41 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−5,13 %	−4,74 %	−10,67 %	15,97 %
Current Ratio	0,95	0,88	1,5	1,24
Quick Ratio	0,96	0,89	1,56	1,27
Equity Ratio	0,18	0,26	0,54	0,43
Gross Profit Margin	35,07 %	31,62 %	26,73 %	39,59 %