OCEAN INSTALLER HOLDING AS

4033 STAVANGER

Finances

Return on Equity

50,56 %

Current Ratio

0,97

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 629 920 000	2 162 809 000	2 466 188 000	841 005 000
Net Income	224 133 000	50 834 000	71 796 000	−65 531 000
Total Assets	2 206 057 000	1 379 440 000	1 290 795 000	1 196 126 000
Total Equity	443 330 000	248 408 000	165 769 000	61 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 629 920 000	2 162 809 000	2 466 188 000	841 005 000
Expenditure	2 344 653 000	2 041 094 000	2 308 677 000	897 537 000
Operating Profit	285 267 000	121 715 000	157 511 000	−56 532 000
Financial Income	68 528 000	14 323 000	−19 008 000	10 022 000
Financial Costs	80 060 000	46 353 000	47 964 000	26 652 000
Financial Balance	−11 532 000	−32 030 000	−66 972 000	−16 630 000
Earnings Before Tax	273 735 000	89 685 000	90 539 000	−73 162 000
Tax	49 602 000	38 851 000	18 743 000	−7 631 000
Net Income	224 133 000	50 834 000	71 796 000	−65 531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 463 541 000	539 048 000	534 310 000	584 218 000
Total Current Assets	742 516 000	840 392 000	756 485 000	611 908 000
Total Assets	2 206 057 000	1 379 440 000	1 290 795 000	1 196 126 000
Total Retained Equity	−275 999 000	−439 835 000	−489 924 000	−561 720 000
Total Equity	443 330 000	248 408 000	165 769 000	61 020 000
Total Long-Term Debt	999 833 000	107 362 000	35 077 000	221 856 000
Total Current Debt	762 894 000	1 023 670 000	1 089 949 000	913 250 000
Total Equity and Debt	2 206 057 000	1 379 440 000	1 290 795 000	1 196 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 533 194 000	2 162 809 000	2 466 188 000	841 005 000
Other Income	96 726 000	0	0	0
Revenue	2 629 920 000	2 162 809 000	2 466 188 000	841 005 000
Cost of Goods Sold	1 345 398 000	1 320 480 000	1 482 512 000	482 399 000
Salary Costs	397 201 000	312 380 000	263 789 000	186 669 000
Depreciation	602 054 000	355 552 000	458 101 000	169 072 000
Impairment	0	0	0	0
Expenditure	2 344 653 000	2 041 094 000	2 308 677 000	897 537 000
Operating Profit	285 267 000	121 715 000	157 511 000	−56 532 000
Financial Income	68 528 000	14 323 000	−19 008 000	10 022 000
Financial Costs	80 060 000	46 353 000	47 964 000	26 652 000
Financial Balance	−11 532 000	−32 030 000	−66 972 000	−16 630 000
Dividends	0	0	0	0
Net Income	224 133 000	50 834 000	71 796 000	−65 531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 117 000	79 500 000	100 006 000	118 193 000
Real Eastate	1 180 375 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	459 548 000	434 304 000	466 025 000
Total Tangible Assets	1 180 375 000	459 548 000	434 304 000	466 025 000
Total Fiancial Fixed Assets	247 049 000	0	0	0
Total Fixed Assets	1 463 541 000	539 048 000	534 310 000	584 218 000
Stock	28 259 000	24 788 000	30 776 000	30 827 000
Total Investments	0	0	0	0
Cash, Bank	308 282 000	218 704 000	343 301 000	376 109 000
Total Current Assets	742 516 000	840 392 000	756 485 000	611 908 000
Total Assets	2 206 057 000	1 379 440 000	1 290 795 000	1 196 126 000
Total Equity	443 330 000	248 408 000	165 769 000	61 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	999 833 000	107 362 000	35 077 000	221 856 000
Creditors	0	401 713 000	368 183 000	185 304 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	762 894 000	621 957 000	566 819 000	707 220 000
Total Current Debt	762 894 000	1 023 670 000	1 089 949 000	913 250 000
Total Equity and Debt	2 206 057 000	1 379 440 000	1 290 795 000	1 196 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,56 %	20,46 %	43,31 %	−107,39 %
Debt-to-Equity Ratio	2,26	0,43	0,21	3,64
Operating Profit Margin	10,85 %	5,63 %	6,39 %	−6,72 %
Current Ratio	0,97	0,82	0,69	0,67
Quick Ratio	1,01	0,84	0,71	0,69
Equity Ratio	0,2	0,18	0,13	0,05
Gross Profit Margin	48,84 %	38,95 %	39,89 %	42,64 %