OCEAN KING AS

0193 OSLO

Finances

Share Ownership

Return on Equity

−900 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	153 000	140 000	350 000	211 000
Net Income	36 000	−89 000	46 000	−52 000
Total Assets	62 000	164 000	267 000	178 000
Total Equity	−4 000	−40 000	49 000	4 000

Income (NOK)	2021	2020	2019	2018
Revenue	153 000	140 000	350 000	211 000
Expenditure	108 000	241 000	295 000	263 000
Operating Profit	45 000	−101 000	55 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	2 000	1 000
Financial Balance	0	−3 000	−2 000	−1 000
Earnings Before Tax	45 000	−103 000	53 000	−53 000
Tax	10 000	−15 000	7 000	−1 000
Net Income	36 000	−89 000	46 000	−52 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	47 000	112 000	62 000	74 000
Total Current Assets	15 000	52 000	205 000	103 000
Total Assets	62 000	164 000	267 000	178 000
Total Retained Equity	−34 000	−70 000	19 000	−26 000
Total Equity	−4 000	−40 000	49 000	4 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	66 000	204 000	218 000	174 000
Total Equity and Debt	62 000	164 000	267 000	178 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	111 000	140 000	335 000	212 000
Other Income	42 000	0	15 000	−1 000
Revenue	153 000	140 000	350 000	211 000
Cost of Goods Sold	12 000	25 000	26 000	80 000
Salary Costs	0	0	0	0
Depreciation	0	9 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	108 000	241 000	295 000	263 000
Operating Profit	45 000	−101 000	55 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	2 000	1 000
Financial Balance	0	−3 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	36 000	−89 000	46 000	−52 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	24 000
Total Tangible Assets	0	0	9 000	24 000
Total Fiancial Fixed Assets	47 000	112 000	54 000	50 000
Total Fixed Assets	47 000	112 000	62 000	74 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	86 000	88 000
Total Current Assets	15 000	52 000	205 000	103 000
Total Assets	62 000	164 000	267 000	178 000
Total Equity	−4 000	−40 000	49 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	176 000	177 000	153 000
Unpaid Taxes	16 000	2 000	19 000	21 000
Dividends	0	0	0	0
Other Current Debt	55 000	26 000	15 000	0
Total Current Debt	66 000	204 000	218 000	174 000
Total Equity and Debt	62 000	164 000	267 000	178 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−900 %	222,5 %	93,88 %	−1 300 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	29,41 %	−72,14 %	15,71 %	−24,64 %
Current Ratio	0,23	0,25	0,94	0,59
Quick Ratio	0,23	0,25	0,94	0,59
Equity Ratio	−0,06	−0,24	0,18	0,02
Gross Profit Margin	92,16 %	82,14 %	92,57 %	62,09 %