OCEAN SEA SERVICE AS

5397 BEKKJARVIK

Finances

Share Ownership

Return on Equity

−0,57 %

Current Ratio

4,63

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	555 000	630 000	519 000
Net Income	−8 000	107 000	203 000	105 000
Total Assets	2 657 000	2 049 000	2 035 000	2 190 000
Total Equity	1 402 000	1 410 000	1 302 000	1 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	555 000	630 000	519 000
Expenditure	512 000	394 000	336 000	327 000
Operating Profit	43 000	161 000	293 000	192 000
Financial Income	2 000	0	0	0
Financial Costs	55 000	24 000	33 000	58 000
Financial Balance	−53 000	−24 000	−33 000	−58 000
Earnings Before Tax	−10 000	138 000	261 000	134 000
Tax	−2 000	30 000	57 000	29 000
Net Income	−8 000	107 000	203 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 341 000	1 783 000	1 797 000	1 998 000
Total Current Assets	315 000	266 000	238 000	192 000
Total Assets	2 657 000	2 049 000	2 035 000	2 190 000
Total Retained Equity	902 000	910 000	802 000	599 000
Total Equity	1 402 000	1 410 000	1 302 000	1 099 000
Total Long-Term Debt	1 187 000	467 000	476 000	879 000
Total Current Debt	68 000	172 000	257 000	212 000
Total Equity and Debt	2 657 000	2 049 000	2 035 000	2 190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 000	555 000	555 000	519 000
Other Income	0	0	75 000	0
Revenue	555 000	555 000	630 000	519 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	321 000	248 000	201 000	201 000
Impairment	0	0	0	0
Expenditure	512 000	394 000	336 000	327 000
Operating Profit	43 000	161 000	293 000	192 000
Financial Income	2 000	0	0	0
Financial Costs	55 000	24 000	33 000	58 000
Financial Balance	−53 000	−24 000	−33 000	−58 000
Dividends	0	0	0	0
Net Income	−8 000	107 000	203 000	105 000

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	140 000	187 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 341 000	1 783 000	1 797 000	1 998 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 341 000	1 783 000	1 797 000	1 998 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	134 000	142 000	122 000	76 000
Total Current Assets	315 000	266 000	238 000	192 000
Total Assets	2 657 000	2 049 000	2 035 000	2 190 000
Total Equity	1 402 000	1 410 000	1 302 000	1 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 187 000	467 000	476 000	879 000
Creditors	4 000	3 000	84 000	73 000
Unpaid Taxes	3 000	20 000	3 000	5 000
Dividends	0	0	0	0
Other Current Debt	59 000	110 000	109 000	109 000
Total Current Debt	68 000	172 000	257 000	212 000
Total Equity and Debt	2 657 000	2 049 000	2 035 000	2 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,57 %	7,59 %	15,59 %	9,55 %
Debt-to-Equity Ratio	0,85	0,33	0,37	0,8
Operating Profit Margin	7,75 %	29,01 %	46,51 %	36,99 %
Current Ratio	4,63	1,55	0,93	0,91
Quick Ratio	4,63	1,55	0,93	0,91
Equity Ratio	0,53	0,69	0,64	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %