OCEAN FARM HOLDING AS

4550 FARSUND

Finances

Return on Equity

12,43 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 814 000	1 871 000	1 091 000	2 269 000
Net Income	624 000	−21 000	371 000	1 510 000
Total Assets	6 070 000	5 315 000	4 834 000	5 572 000
Total Equity	5 019 000	4 395 000	4 416 000	4 045 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 814 000	1 871 000	1 091 000	2 269 000
Expenditure	2 015 000	1 898 000	620 000	332 000
Operating Profit	800 000	−27 000	471 000	1 937 000
Financial Income	0	0	5 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	4 000	−1 000
Earnings Before Tax	800 000	−27 000	475 000	1 936 000
Tax	176 000	−6 000	104 000	426 000
Net Income	624 000	−21 000	371 000	1 510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 629 000	4 619 000	4 294 000	4 298 000
Total Current Assets	1 441 000	696 000	540 000	1 274 000
Total Assets	6 070 000	5 315 000	4 834 000	5 572 000
Total Retained Equity	3 195 000	2 571 000	2 592 000	2 221 000
Total Equity	5 019 000	4 395 000	4 416 000	4 045 000
Total Long-Term Debt	18 000	31 000	34 000	31 000
Total Current Debt	1 033 000	890 000	384 000	1 496 000
Total Equity and Debt	6 070 000	5 315 000	4 834 000	5 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 814 000	1 774 000	1 091 000	2 269 000
Other Income	0	97 000	0	0
Revenue	2 814 000	1 871 000	1 091 000	2 269 000
Cost of Goods Sold	1 000	0	27 000	2 000
Salary Costs	1 553 000	1 544 000	343 000	0
Depreciation	256 000	204 000	123 000	5 000
Impairment	0	0	0	0
Expenditure	2 015 000	1 898 000	620 000	332 000
Operating Profit	800 000	−27 000	471 000	1 937 000
Financial Income	0	0	5 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	4 000	−1 000
Dividends	0	0	0	0
Net Income	624 000	−21 000	371 000	1 510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	35 000	0	0
Real Eastate	505 000	569 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	247 000	413 000	691 000	719 000
Total Tangible Assets	752 000	982 000	691 000	719 000
Total Fiancial Fixed Assets	3 796 000	3 603 000	3 603 000	3 579 000
Total Fixed Assets	4 629 000	4 619 000	4 294 000	4 298 000
Stock	61 000	61 000	61 000	61 000
Total Investments	0	0	0	0
Cash, Bank	331 000	106 000	110 000	1 158 000
Total Current Assets	1 441 000	696 000	540 000	1 274 000
Total Assets	6 070 000	5 315 000	4 834 000	5 572 000
Total Equity	5 019 000	4 395 000	4 416 000	4 045 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	31 000	34 000	31 000
Creditors	381 000	358 000	54 000	1 000
Unpaid Taxes	248 000	89 000	122 000	340 000
Dividends	0	0	0	0
Other Current Debt	218 000	443 000	38 000	699 000
Total Current Debt	1 033 000	890 000	384 000	1 496 000
Total Equity and Debt	6 070 000	5 315 000	4 834 000	5 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,43 %	−0,48 %	8,4 %	37,33 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	28,43 %	−1,44 %	43,17 %	85,37 %
Current Ratio	1,39	0,78	1,41	0,85
Quick Ratio	1,48	0,84	1,67	0,89
Equity Ratio	0,83	0,83	0,91	0,73
Gross Profit Margin	99,96 %	100 %	97,53 %	99,91 %