OCEAN GROUP AS

5955 LINDÅS

Finances

Return on Equity

11,69 %

Current Ratio

3,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	189 000	177 000	79 000	0
Net Income	1 868 000	8 051 000	4 077 000	2 414 000
Total Assets	19 022 000	18 538 000	11 441 000	6 060 000
Total Equity	15 978 000	17 110 000	9 059 000	4 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	189 000	177 000	79 000	0
Expenditure	312 000	188 000	−3 000	111 000
Operating Profit	−123 000	−10 000	82 000	−111 000
Financial Income	2 302 000	8 118 000	4 029 000	2 539 000
Financial Costs	310 000	56 000	34 000	14 000
Financial Balance	1 992 000	8 062 000	3 995 000	2 525 000
Earnings Before Tax	1 868 000	8 051 000	4 077 000	2 414 000
Tax	0	0	0	0
Net Income	1 868 000	8 051 000	4 077 000	2 414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 984 000	7 443 000	7 180 000	946 000
Total Current Assets	11 038 000	11 095 000	4 261 000	5 114 000
Total Assets	19 022 000	18 538 000	11 441 000	6 060 000
Total Retained Equity	15 948 000	17 080 000	9 029 000	4 951 000
Total Equity	15 978 000	17 110 000	9 059 000	4 981 000
Total Long-Term Debt	0	1 425 000	2 354 000	941 000
Total Current Debt	3 044 000	3 000	29 000	138 000
Total Equity and Debt	19 022 000	18 538 000	11 441 000	6 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	79 000	0
Other Income	189 000	177 000	0	0
Revenue	189 000	177 000	79 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	59 000	59 000	0	0
Impairment	0	0	0	0
Expenditure	312 000	188 000	−3 000	111 000
Operating Profit	−123 000	−10 000	82 000	−111 000
Financial Income	2 302 000	8 118 000	4 029 000	2 539 000
Financial Costs	310 000	56 000	34 000	14 000
Financial Balance	1 992 000	8 062 000	3 995 000	2 525 000
Dividends	3 000 000	0	0	0
Net Income	1 868 000	8 051 000	4 077 000	2 414 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 797 000	3 849 000	3 179 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	28 000	35 000	0
Total Tangible Assets	3 818 000	3 877 000	3 214 000	0
Total Fiancial Fixed Assets	4 166 000	3 566 000	3 966 000	946 000
Total Fixed Assets	7 984 000	7 443 000	7 180 000	946 000
Stock	0	0	0	0
Total Investments	7 922 000	8 009 000	0	0
Cash, Bank	1 084 000	55 000	4 261 000	5 094 000
Total Current Assets	11 038 000	11 095 000	4 261 000	5 114 000
Total Assets	19 022 000	18 538 000	11 441 000	6 060 000
Total Equity	15 978 000	17 110 000	9 059 000	4 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 425 000	2 354 000	941 000
Creditors	44 000	0	10 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	0	0	0
Other Current Debt	0	3 000	19 000	132 000
Total Current Debt	3 044 000	3 000	29 000	138 000
Total Equity and Debt	19 022 000	18 538 000	11 441 000	6 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,69 %	47,05 %	45 %	48,46 %
Debt-to-Equity Ratio	0	0,08	0,26	0,19
Operating Profit Margin	−65,08 %	−5,65 %	103,8 %	-
Current Ratio	3,63	3 698,33	146,93	37,06
Quick Ratio	3,63	3 698,33	146,93	37,06
Equity Ratio	0,84	0,92	0,79	0,82
Gross Profit Margin	100 %	100 %	100 %	-