OCEAN EIENDOM AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

12,2 %

Current Ratio

N/A

Debt-to-Equity Ratio

3,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 389 000	96 000	96 000	80 000
Net Income	143 000	−17 000	4 000	−16 000
Total Assets	5 211 000	2 264 000	2 274 000	1 705 000
Total Equity	1 172 000	400 000	400 000	425 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 389 000	96 000	96 000	80 000
Expenditure	1 127 000	48 000	42 000	66 000
Operating Profit	262 000	48 000	54 000	14 000
Financial Income	0	0	0	0
Financial Costs	118 000	65 000	50 000	30 000
Financial Balance	−118 000	−65 000	−50 000	−30 000
Earnings Before Tax	143 000	−17 000	4 000	−16 000
Tax	0	0	0	0
Net Income	143 000	−17 000	4 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 200 000	2 264 000	2 274 000	1 705 000
Total Current Assets	11 000	0	0	0
Total Assets	5 211 000	2 264 000	2 274 000	1 705 000
Total Retained Equity	1 142 000	0	0	0
Total Equity	1 172 000	400 000	400 000	425 000
Total Long-Term Debt	4 039 000	1 864 000	1 874 000	1 260 000
Total Current Debt	0	0	0	20 000
Total Equity and Debt	5 211 000	2 264 000	2 274 000	1 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 389 000	96 000	96 000	32 000
Other Income	0	0	0	48 000
Revenue	1 389 000	96 000	96 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 127 000	48 000	42 000	66 000
Operating Profit	262 000	48 000	54 000	14 000
Financial Income	0	0	0	0
Financial Costs	118 000	65 000	50 000	30 000
Financial Balance	−118 000	−65 000	−50 000	−30 000
Dividends	0	0	0	0
Net Income	143 000	−17 000	4 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 200 000	2 264 000	2 274 000	1 685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	20 000
Total Tangible Assets	5 200 000	2 264 000	2 274 000	1 705 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 200 000	2 264 000	2 274 000	1 705 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	0	0	0
Total Current Assets	11 000	0	0	0
Total Assets	5 211 000	2 264 000	2 274 000	1 705 000
Total Equity	1 172 000	400 000	400 000	425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 039 000	1 864 000	1 874 000	1 260 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	20 000
Total Current Debt	0	0	0	20 000
Total Equity and Debt	5 211 000	2 264 000	2 274 000	1 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,2 %	−4,25 %	1 %	−3,76 %
Debt-to-Equity Ratio	3,45	4,66	4,69	2,96
Operating Profit Margin	18,86 %	50 %	56,25 %	17,5 %
Current Ratio	-	-	-	0
Quick Ratio	-	-	-	0
Equity Ratio	0,22	0,18	0,18	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %