OCEAN VENTURE AS

5258 BLOMSTERDALEN

Finances

Return on Equity

23,22 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 044 000	172 903 000	80 408 000	80 843 000
Net Income	25 048 000	28 885 000	5 792 000	9 395 000
Total Assets	266 174 000	260 858 000	118 203 000	87 577 000
Total Equity	107 875 000	82 827 000	50 872 000	37 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 044 000	172 903 000	80 408 000	80 843 000
Expenditure	148 933 000	129 721 000	72 346 000	66 975 000
Operating Profit	37 111 000	43 182 000	8 063 000	13 867 000
Financial Income	12 870 000	4 973 000	2 951 000	109 000
Financial Costs	17 815 000	7 628 000	9 711 000	1 798 000
Financial Balance	−4 945 000	−2 655 000	−6 760 000	−1 689 000
Earnings Before Tax	32 166 000	40 527 000	1 303 000	12 178 000
Tax	7 118 000	11 642 000	−4 489 000	2 783 000
Net Income	25 048 000	28 885 000	5 792 000	9 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	220 605 000	234 677 000	90 743 000	76 255 000
Total Current Assets	45 570 000	26 181 000	27 460 000	11 322 000
Total Assets	266 174 000	260 858 000	118 203 000	87 577 000
Total Retained Equity	87 845 000	62 797 000	30 842 000	17 510 000
Total Equity	107 875 000	82 827 000	50 872 000	37 540 000
Total Long-Term Debt	113 921 000	132 608 000	55 212 000	42 413 000
Total Current Debt	44 379 000	45 423 000	12 119 000	7 623 000
Total Equity and Debt	266 174 000	260 858 000	118 203 000	87 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	186 044 000	172 903 000	80 221 000	80 843 000
Other Income	0	0	187 000	0
Revenue	186 044 000	172 903 000	80 408 000	80 843 000
Cost of Goods Sold	17 423 000	24 394 000	8 875 000	12 581 000
Salary Costs	80 908 000	69 243 000	31 406 000	29 591 000
Depreciation	9 147 000	7 080 000	3 983 000	2 536 000
Impairment	0	0	28 082 000	0
Expenditure	148 933 000	129 721 000	72 346 000	66 975 000
Operating Profit	37 111 000	43 182 000	8 063 000	13 867 000
Financial Income	12 870 000	4 973 000	2 951 000	109 000
Financial Costs	17 815 000	7 628 000	9 711 000	1 798 000
Financial Balance	−4 945 000	−2 655 000	−6 760 000	−1 689 000
Dividends	0	0	0	0
Net Income	25 048 000	28 885 000	5 792 000	9 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 500 000	9 500 000	9 500 000	5 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	461 000	166 000	163 000
Total Tangible Assets	209 963 000	224 035 000	78 293 000	66 529 000
Total Fiancial Fixed Assets	1 142 000	1 142 000	2 950 000	4 226 000
Total Fixed Assets	220 605 000	234 677 000	90 743 000	76 255 000
Stock	6 710 000	2 523 000	9 562 000	0
Total Investments	0	0	0	0
Cash, Bank	21 959 000	9 355 000	9 985 000	5 931 000
Total Current Assets	45 570 000	26 181 000	27 460 000	11 322 000
Total Assets	266 174 000	260 858 000	118 203 000	87 577 000
Total Equity	107 875 000	82 827 000	50 872 000	37 540 000
Short-Term Group Debt	0	0	0	203 000
Total Long-Term Debt	113 921 000	132 608 000	55 212 000	42 413 000
Creditors	18 324 000	32 651 000	8 940 000	5 560 000
Unpaid Taxes	8 456 000	2 241 000	1 574 000	1 041 000
Dividends	0	0	0	0
Other Current Debt	11 118 000	2 628 000	1 598 000	672 000
Total Current Debt	44 379 000	45 423 000	12 119 000	7 623 000
Total Equity and Debt	266 174 000	260 858 000	118 203 000	87 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,22 %	34,87 %	11,39 %	25,03 %
Debt-to-Equity Ratio	1,06	1,6	1,09	1,13
Operating Profit Margin	19,95 %	24,97 %	10,03 %	17,15 %
Current Ratio	1,03	0,58	2,27	1,49
Quick Ratio	1,21	0,61	10,74	1,49
Equity Ratio	0,41	0,32	0,43	0,43
Gross Profit Margin	90,64 %	85,89 %	88,96 %	84,44 %