OCEANTECH INNOVATION AS

7042 TRONDHEIM

Finances

Share Ownership

Return on Equity

230,68 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 386 000	101 145 000	83 931 000	19 304 000
Net Income	29 772 000	24 718 000	14 024 000	2 695 000
Total Assets	30 262 000	29 782 000	28 108 000	12 610 000
Total Equity	12 906 000	2 442 000	6 411 000	5 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 386 000	101 145 000	83 931 000	19 304 000
Expenditure	108 135 000	71 289 000	66 999 000	16 383 000
Operating Profit	35 252 000	29 855 000	16 932 000	3 225 000
Financial Income	238 000	96 000	426 000	76 000
Financial Costs	210 000	42 000	561 000	99 000
Financial Balance	28 000	54 000	−135 000	−23 000
Earnings Before Tax	35 280 000	29 909 000	16 797 000	3 201 000
Tax	5 508 000	5 191 000	2 773 000	506 000
Net Income	29 772 000	24 718 000	14 024 000	2 695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 823 000	4 864 000	5 128 000	3 027 000
Total Current Assets	26 439 000	24 918 000	22 980 000	9 583 000
Total Assets	30 262 000	29 782 000	28 108 000	12 610 000
Total Retained Equity	10 466 000	7 000	3 977 000	3 375 000
Total Equity	12 906 000	2 442 000	6 411 000	5 810 000
Total Long-Term Debt	0	0	29 000	1 930 000
Total Current Debt	17 356 000	27 340 000	21 667 000	4 870 000
Total Equity and Debt	30 262 000	29 782 000	28 108 000	12 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	138 592 000	94 701 000	80 276 000	19 304 000
Other Income	4 794 000	6 444 000	3 655 000	0
Revenue	143 386 000	101 145 000	83 931 000	19 304 000
Cost of Goods Sold	77 241 000	46 307 000	46 670 000	5 801 000
Salary Costs	22 155 000	17 700 000	14 042 000	7 197 000
Depreciation	1 677 000	1 612 000	1 199 000	643 000
Impairment	0	0	0	0
Expenditure	108 135 000	71 289 000	66 999 000	16 383 000
Operating Profit	35 252 000	29 855 000	16 932 000	3 225 000
Financial Income	238 000	96 000	426 000	76 000
Financial Costs	210 000	42 000	561 000	99 000
Financial Balance	28 000	54 000	−135 000	−23 000
Dividends	15 015 000	28 687 000	13 423 000	815 000
Net Income	29 772 000	24 718 000	14 024 000	2 695 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	625 000	725 000	0	0
Total Intangible Assets	1 315 000	1 486 000	884 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	412 000
Fixtures	2 508 000	3 378 000	4 244 000	2 615 000
Total Tangible Assets	2 508 000	3 378 000	4 244 000	3 027 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 823 000	4 864 000	5 128 000	3 027 000
Stock	617 000	600 000	739 000	803 000
Total Investments	0	0	0	0
Cash, Bank	19 964 000	15 277 000	16 478 000	643 000
Total Current Assets	26 439 000	24 918 000	22 980 000	9 583 000
Total Assets	30 262 000	29 782 000	28 108 000	12 610 000
Total Equity	12 906 000	2 442 000	6 411 000	5 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	29 000	1 930 000
Creditors	3 470 000	2 503 000	2 634 000	1 340 000
Unpaid Taxes	2 010 000	2 109 000	1 406 000	578 000
Dividends	15 015 000	28 687 000	13 423 000	815 000
Other Current Debt	1 998 000	2 744 000	1 460 000	1 663 000
Total Current Debt	17 356 000	27 340 000	21 667 000	4 870 000
Total Equity and Debt	30 262 000	29 782 000	28 108 000	12 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	230,68 %	1 012,2 %	218,75 %	46,39 %
Debt-to-Equity Ratio	0	0	0	0,33
Operating Profit Margin	24,59 %	29,52 %	20,17 %	16,71 %
Current Ratio	1,52	0,91	1,06	1,97
Quick Ratio	1,58	0,93	1,1	2,36
Equity Ratio	0,43	0,08	0,23	0,46
Gross Profit Margin	46,13 %	54,22 %	44,39 %	69,95 %