NORDI OCEAN AS

6050 VALDERØYA

Finances

Return on Equity

−37,91 %

Current Ratio

−1,73

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	678 000	550 000	349 000
Net Income	−1 314 000	99 000	6 000	−1 133 000
Total Assets	6 897 000	3 139 000	1 360 000	1 473 000
Total Equity	3 466 000	511 000	−188 000	−803 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	678 000	550 000	349 000
Expenditure	1 625 000	523 000	518 000	1 754 000
Operating Profit	−1 481 000	154 000	31 000	−1 405 000
Financial Income	0	−2 000	0	1 000
Financial Costs	204 000	28 000	24 000	30 000
Financial Balance	−204 000	−30 000	−24 000	−29 000
Earnings Before Tax	−1 685 000	124 000	8 000	−1 435 000
Tax	−371 000	25 000	2 000	−302 000
Net Income	−1 314 000	99 000	6 000	−1 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 229 000	2 448 000	883 000	637 000
Total Current Assets	668 000	691 000	477 000	836 000
Total Assets	6 897 000	3 139 000	1 360 000	1 473 000
Total Retained Equity	0	−2 098 000	−2 197 000	−2 203 000
Total Equity	3 466 000	511 000	−188 000	−803 000
Total Long-Term Debt	3 816 000	2 416 000	1 516 000	1 834 000
Total Current Debt	−386 000	212 000	32 000	443 000
Total Equity and Debt	6 897 000	3 139 000	1 360 000	1 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	674 000	550 000	349 000
Other Income	0	4 000	0	0
Revenue	144 000	678 000	550 000	349 000
Cost of Goods Sold	189 000	3 000	0	0
Salary Costs	96 000	38 000	−371 000	100 000
Depreciation	346 000	63 000	26 000	15 000
Impairment	0	0	0	0
Expenditure	1 625 000	523 000	518 000	1 754 000
Operating Profit	−1 481 000	154 000	31 000	−1 405 000
Financial Income	0	−2 000	0	1 000
Financial Costs	204 000	28 000	24 000	30 000
Financial Balance	−204 000	−30 000	−24 000	−29 000
Dividends	0	0	0	0
Net Income	−1 314 000	99 000	6 000	−1 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	966 000	596 000	621 000	622 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 162 000	1 823 000	263 000	0
Fixtures	74 000	18 000	0	15 000
Total Tangible Assets	5 236 000	1 841 000	263 000	15 000
Total Fiancial Fixed Assets	27 000	12 000	0	0
Total Fixed Assets	6 229 000	2 448 000	883 000	637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	513 000	604 000	477 000	786 000
Total Current Assets	668 000	691 000	477 000	836 000
Total Assets	6 897 000	3 139 000	1 360 000	1 473 000
Total Equity	3 466 000	511 000	−188 000	−803 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 816 000	2 416 000	1 516 000	1 834 000
Creditors	192 000	41 000	15 000	28 000
Unpaid Taxes	−617 000	1 000	14 000	10 000
Dividends	0	0	0	0
Other Current Debt	40 000	170 000	3 000	405 000
Total Current Debt	−386 000	212 000	32 000	443 000
Total Equity and Debt	6 897 000	3 139 000	1 360 000	1 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,91 %	19,37 %	−3,19 %	141,1 %
Debt-to-Equity Ratio	1,1	4,73	−8,06	−2,28
Operating Profit Margin	−1 028,47 %	22,71 %	5,64 %	−402,58 %
Current Ratio	−1,73	3,26	14,91	1,89
Quick Ratio	−1,73	3,26	14,91	1,89
Equity Ratio	0,5	0,16	−0,14	−0,55
Gross Profit Margin	−31,25 %	99,56 %	100 %	100 %