OCEANGATE NORWAY AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

77,59 %

Current Ratio

6,96

Debt-to-Equity Ratio

−17,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−464 000	12 000	1 483 000	−26 000
Total Assets	10 455 000	521 000	521 000	521 000
Total Equity	−598 000	−134 000	−146 000	−1 630 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	379 000	26 000	−1 500 000	1 000
Operating Profit	−379 000	−26 000	1 500 000	−1 000
Financial Income	0	38 000	0	0
Financial Costs	85 000	0	17 000	25 000
Financial Balance	−85 000	38 000	−17 000	−25 000
Earnings Before Tax	−464 000	12 000	1 483 000	−26 000
Tax	0	0	0	0
Net Income	−464 000	12 000	1 483 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 608 000	0	0	0
Total Current Assets	3 847 000	521 000	521 000	521 000
Total Assets	10 455 000	521 000	521 000	521 000
Total Retained Equity	−628 000	−164 000	−176 000	−1 660 000
Total Equity	−598 000	−134 000	−146 000	−1 630 000
Total Long-Term Debt	10 500 000	0	136 000	273 000
Total Current Debt	553 000	655 000	531 000	1 878 000
Total Equity and Debt	10 455 000	521 000	521 000	521 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	−1 500 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	379 000	26 000	−1 500 000	1 000
Operating Profit	−379 000	−26 000	1 500 000	−1 000
Financial Income	0	38 000	0	0
Financial Costs	85 000	0	17 000	25 000
Financial Balance	−85 000	38 000	−17 000	−25 000
Dividends	0	0	0	0
Net Income	−464 000	12 000	1 483 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 608 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 608 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 608 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 451 000	0	0	0
Total Current Assets	3 847 000	521 000	521 000	521 000
Total Assets	10 455 000	521 000	521 000	521 000
Total Equity	−598 000	−134 000	−146 000	−1 630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 500 000	0	136 000	273 000
Creditors	9 000	50 000	25 000	1 525 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	544 000	605 000	506 000	353 000
Total Current Debt	553 000	655 000	531 000	1 878 000
Total Equity and Debt	10 455 000	521 000	521 000	521 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,59 %	−8,96 %	−1 015,75 %	1,6 %
Debt-to-Equity Ratio	−17,56	−0	−0,93	−0,17
Operating Profit Margin	-	-	-	-
Current Ratio	6,96	0,8	0,98	0,28
Quick Ratio	6,96	0,8	0,98	0,28
Equity Ratio	−0,06	−0,26	−0,28	−3,13
Gross Profit Margin	-	-	-	-