OCEAN HARVEST AS

0280 OSLO

Finances

Return on Equity

43,52 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	1 564 000	1 442 000	1 040 000	14 813 000
Net Income	47 000	14 000	40 000	675 000
Total Assets	1 186 000	1 142 000	1 075 000	1 960 000
Total Equity	108 000	62 000	48 000	106 000

Income (USD)	2022	2021	2020	2019
Revenue	1 564 000	1 442 000	1 040 000	14 813 000
Expenditure	1 497 000	1 400 000	988 000	13 842 000
Operating Profit	67 000	42 000	52 000	971 000
Financial Income	33 000	7 000	35 000	18 000
Financial Costs	39 000	30 000	33 000	120 000
Financial Balance	−6 000	−23 000	2 000	−102 000
Earnings Before Tax	61 000	19 000	54 000	869 000
Tax	14 000	5 000	14 000	194 000
Net Income	47 000	14 000	40 000	675 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	6 000	20 000	22 000	9 000
Total Current Assets	1 180 000	1 122 000	1 053 000	1 951 000
Total Assets	1 186 000	1 142 000	1 075 000	1 960 000
Total Retained Equity	104 000	58 000	44 000	102 000
Total Equity	108 000	62 000	48 000	106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 078 000	1 080 000	1 027 000	1 854 000
Total Equity and Debt	1 186 000	1 142 000	1 075 000	1 960 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	3 000	14 584 000
Other Income	1 564 000	1 442 000	1 037 000	229 000
Revenue	1 564 000	1 442 000	1 040 000	14 813 000
Cost of Goods Sold	0	0	0	13 514 000
Salary Costs	376 000	183 000	160 000	161 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 497 000	1 400 000	988 000	13 842 000
Operating Profit	67 000	42 000	52 000	971 000
Financial Income	33 000	7 000	35 000	18 000
Financial Costs	39 000	30 000	33 000	120 000
Financial Balance	−6 000	−23 000	2 000	−102 000
Dividends	0	0	0	0
Net Income	47 000	14 000	40 000	675 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	5 000	7 000	9 000
Total Tangible Assets	5 000	5 000	7 000	9 000
Total Fiancial Fixed Assets	0	15 000	15 000	0
Total Fixed Assets	6 000	20 000	22 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	146 000	120 000	181 000	37 000
Total Current Assets	1 180 000	1 122 000	1 053 000	1 951 000
Total Assets	1 186 000	1 142 000	1 075 000	1 960 000
Total Equity	108 000	62 000	48 000	106 000
Short-Term Group Debt	0	17 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 032 000	1 030 000	981 000	906 000
Unpaid Taxes	20 000	6 000	27 000	0
Dividends	0	0	0	0
Other Current Debt	12 000	22 000	19 000	948 000
Total Current Debt	1 078 000	1 080 000	1 027 000	1 854 000
Total Equity and Debt	1 186 000	1 142 000	1 075 000	1 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,52 %	22,58 %	83,33 %	636,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,28 %	2,91 %	5 %	6,56 %
Current Ratio	1,09	1,04	1,03	1,05
Quick Ratio	1,09	1,04	1,03	1,05
Equity Ratio	0,09	0,05	0,04	0,05
Gross Profit Margin	100 %	100 %	100 %	8,77 %