OCTOPUS MARINE AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

12,66 %

Current Ratio

2,61

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 177 000	2 693 000	2 524 000	2 549 000
Net Income	119 000	590 000	250 000	4 000
Total Assets	1 553 000	2 029 000	1 466 000	1 191 000
Total Equity	940 000	1 072 000	482 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 177 000	2 693 000	2 524 000	2 549 000
Expenditure	1 961 000	2 109 000	2 278 000	2 540 000
Operating Profit	216 000	585 000	245 000	10 000
Financial Income	8 000	5 000	9 000	5 000
Financial Costs	1 000	0	4 000	10 000
Financial Balance	7 000	5 000	5 000	−5 000
Earnings Before Tax	224 000	590 000	250 000	4 000
Tax	105 000	0	0	0
Net Income	119 000	590 000	250 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	19 000	12 000	5 000
Total Current Assets	1 463 000	2 010 000	1 454 000	1 186 000
Total Assets	1 553 000	2 029 000	1 466 000	1 191 000
Total Retained Equity	910 000	1 042 000	452 000	202 000
Total Equity	940 000	1 072 000	482 000	232 000
Total Long-Term Debt	52 000	47 000	55 000	155 000
Total Current Debt	561 000	910 000	929 000	804 000
Total Equity and Debt	1 553 000	2 029 000	1 466 000	1 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 176 000	2 693 000	2 524 000	2 549 000
Other Income	0	0	0	0
Revenue	2 177 000	2 693 000	2 524 000	2 549 000
Cost of Goods Sold	24 000	131 000	113 000	32 000
Salary Costs	1 606 000	1 717 000	1 726 000	2 016 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 961 000	2 109 000	2 278 000	2 540 000
Operating Profit	216 000	585 000	245 000	10 000
Financial Income	8 000	5 000	9 000	5 000
Financial Costs	1 000	0	4 000	10 000
Financial Balance	7 000	5 000	5 000	−5 000
Dividends	250 000	0	0	0
Net Income	119 000	590 000	250 000	4 000

Balance details (NOK)	2022	2021	2020	2019
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	92 000	21 000	14 000	0
Total Tangible Assets	92 000	21 000	14 000	0
Total Fiancial Fixed Assets	−2 000	−2 000	−2 000	4 000
Total Fixed Assets	90 000	19 000	12 000	5 000
Stock	2 000	2 000	2 000	2 000
Total Investments	0	0	0	0
Cash, Bank	999 000	1 752 000	1 053 000	936 000
Total Current Assets	1 463 000	2 010 000	1 454 000	1 186 000
Total Assets	1 553 000	2 029 000	1 466 000	1 191 000
Total Equity	940 000	1 072 000	482 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	47 000	55 000	155 000
Creditors	14 000	12 000	80 000	79 000
Unpaid Taxes	296 000	620 000	604 000	465 000
Dividends	250 000	0	0	0
Other Current Debt	340 000	464 000	351 000	351 000
Total Current Debt	561 000	910 000	929 000	804 000
Total Equity and Debt	1 553 000	2 029 000	1 466 000	1 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,66 %	55,04 %	51,87 %	1,72 %
Debt-to-Equity Ratio	0,06	0,04	0,11	0,67
Operating Profit Margin	9,92 %	21,72 %	9,71 %	0,39 %
Current Ratio	2,61	2,21	1,57	1,48
Quick Ratio	2,62	2,21	1,57	1,48
Equity Ratio	0,61	0,53	0,33	0,19
Gross Profit Margin	98,9 %	95,14 %	95,52 %	98,74 %