OCEANIC AS

6037 EIDSNES

Finances

Return on Equity

2,89 %

Current Ratio

5,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	965 000	1 256 000	1 160 000	216 000
Net Income	27 000	447 000	252 000	185 000
Total Assets	1 148 000	1 199 000	689 000	334 000
Total Equity	935 000	908 000	460 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	965 000	1 256 000	1 160 000	216 000
Expenditure	741 000	715 000	833 000	168 000
Operating Profit	224 000	541 000	326 000	48 000
Financial Income	0	61 000	0	146 000
Financial Costs	148 000	37 000	2 000	0
Financial Balance	−148 000	24 000	−2 000	146 000
Earnings Before Tax	77 000	566 000	323 000	194 000
Tax	50 000	118 000	71 000	9 000
Net Income	27 000	447 000	252 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	29 000	10 000	10 000
Total Current Assets	1 110 000	1 170 000	679 000	324 000
Total Assets	1 148 000	1 199 000	689 000	334 000
Total Retained Equity	910 000	883 000	436 000	184 000
Total Equity	935 000	908 000	460 000	208 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	213 000	291 000	228 000	126 000
Total Equity and Debt	1 148 000	1 199 000	689 000	334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	965 000	1 256 000	1 160 000	216 000
Other Income	0	0	0	0
Revenue	965 000	1 256 000	1 160 000	216 000
Cost of Goods Sold	0	0	0	0
Salary Costs	586 000	512 000	661 000	128 000
Depreciation	12 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	741 000	715 000	833 000	168 000
Operating Profit	224 000	541 000	326 000	48 000
Financial Income	0	61 000	0	146 000
Financial Costs	148 000	37 000	2 000	0
Financial Balance	−148 000	24 000	−2 000	146 000
Dividends	0	0	0	0
Net Income	27 000	447 000	252 000	185 000

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	28 000	19 000	0	0
Total Tangible Assets	28 000	19 000	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	38 000	29 000	10 000	10 000
Stock	0	0	0	0
Total Investments	670 000	771 000	0	0
Cash, Bank	288 000	312 000	567 000	324 000
Total Current Assets	1 110 000	1 170 000	679 000	324 000
Total Assets	1 148 000	1 199 000	689 000	334 000
Total Equity	935 000	908 000	460 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	13 000	6 000	5 000	4 000
Unpaid Taxes	99 000	120 000	90 000	100 000
Dividends	0	0	0	0
Other Current Debt	52 000	47 000	62 000	12 000
Total Current Debt	213 000	291 000	228 000	126 000
Total Equity and Debt	1 148 000	1 199 000	689 000	334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,89 %	49,23 %	54,78 %	88,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,21 %	43,07 %	28,1 %	22,22 %
Current Ratio	5,21	4,02	2,98	2,57
Quick Ratio	5,21	4,02	2,98	2,57
Equity Ratio	0,81	0,76	0,67	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %