BLUE OCEANS AS

5239 RÅDAL

Finances

Return on Equity

48,85 %

Current Ratio

11,22

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	317 000	380 000	303 000	107 000
Net Income	1 704 000	620 000	1 684 000	70 000
Total Assets	4 282 000	3 008 000	2 098 000	752 000
Total Equity	3 488 000	2 096 000	1 754 000	320 000

Income (NOK)	2022	2021	2020	2019
Revenue	317 000	380 000	303 000	107 000
Expenditure	138 000	75 000	77 000	5 000
Operating Profit	179 000	305 000	226 000	103 000
Financial Income	1 581 000	386 000	1 514 000	0
Financial Costs	17 000	4 000	6 000	13 000
Financial Balance	1 564 000	382 000	1 508 000	−13 000
Earnings Before Tax	1 743 000	687 000	1 734 000	90 000
Tax	38 000	67 000	50 000	20 000
Net Income	1 704 000	620 000	1 684 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 287 000	1 644 000	547 000	495 000
Total Current Assets	2 995 000	1 365 000	1 551 000	257 000
Total Assets	4 282 000	3 008 000	2 098 000	752 000
Total Retained Equity	3 458 000	2 066 000	1 724 000	290 000
Total Equity	3 488 000	2 096 000	1 754 000	320 000
Total Long-Term Debt	526 000	588 000	0	408 000
Total Current Debt	267 000	324 000	344 000	24 000
Total Equity and Debt	4 282 000	3 008 000	2 098 000	752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 000	352 000	303 000	107 000
Other Income	112 000	28 000	0	0
Revenue	317 000	380 000	303 000	107 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	87 000	33 000	0	0
Impairment	0	0	0	0
Expenditure	138 000	75 000	77 000	5 000
Operating Profit	179 000	305 000	226 000	103 000
Financial Income	1 581 000	386 000	1 514 000	0
Financial Costs	17 000	4 000	6 000	13 000
Financial Balance	1 564 000	382 000	1 508 000	−13 000
Dividends	312 000	278 000	0	0
Net Income	1 704 000	620 000	1 684 000	70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	24 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	510 000	587 000	0	0
Total Tangible Assets	510 000	587 000	0	0
Total Fiancial Fixed Assets	763 000	1 033 000	547 000	495 000
Total Fixed Assets	1 287 000	1 644 000	547 000	495 000
Stock	0	0	0	0
Total Investments	2 546 000	0	893 000	0
Cash, Bank	449 000	1 365 000	571 000	257 000
Total Current Assets	2 995 000	1 365 000	1 551 000	257 000
Total Assets	4 282 000	3 008 000	2 098 000	752 000
Total Equity	3 488 000	2 096 000	1 754 000	320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	526 000	588 000	0	408 000
Creditors	11 000	11 000	8 000	0
Unpaid Taxes	10 000	7 000	29 000	4 000
Dividends	312 000	278 000	0	0
Other Current Debt	12 000	12 000	257 000	0
Total Current Debt	267 000	324 000	344 000	24 000
Total Equity and Debt	4 282 000	3 008 000	2 098 000	752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,85 %	29,58 %	96,01 %	21,88 %
Debt-to-Equity Ratio	0,15	0,28	0	1,28
Operating Profit Margin	56,47 %	80,26 %	74,59 %	96,26 %
Current Ratio	11,22	4,21	4,51	10,71
Quick Ratio	11,22	4,21	4,51	10,71
Equity Ratio	0,81	0,7	0,84	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %