OCEAN SPACE ACOUSTICS AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

−14,19 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 000	95 000	0	50 000
Net Income	−4 190 000	−1 768 000	−2 510 000	−3 055 000
Total Assets	37 313 000	28 521 000	11 238 000	13 122 000
Total Equity	29 535 000	17 195 000	−5 231 000	−3 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 000	95 000	0	50 000
Expenditure	5 464 000	2 356 000	3 230 000	4 754 000
Operating Profit	−5 386 000	−2 260 000	−3 230 000	−4 704 000
Financial Income	5 000	1 000	10 000	2 000
Financial Costs	9 000	5 000	1 000	50 000
Financial Balance	−4 000	−4 000	9 000	−48 000
Earnings Before Tax	−5 390 000	−2 265 000	−3 220 000	−4 752 000
Tax	−1 199 000	−497 000	−710 000	−1 697 000
Net Income	−4 190 000	−1 768 000	−2 510 000	−3 055 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 569 000	14 339 000	6 615 000	3 790 000
Total Current Assets	16 743 000	14 182 000	4 624 000	9 331 000
Total Assets	37 313 000	28 521 000	11 238 000	13 122 000
Total Retained Equity	0	0	−6 156 000	−3 646 000
Total Equity	29 535 000	17 195 000	−5 231 000	−3 521 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 778 000	11 326 000	16 470 000	16 643 000
Total Equity and Debt	37 313 000	28 521 000	11 238 000	13 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	3 000	0	50 000
Other Income	0	92 000	0	0
Revenue	79 000	95 000	0	50 000
Cost of Goods Sold	25 000	0	0	0
Salary Costs	2 096 000	481 000	1 496 000	1 796 000
Depreciation	267 000	78 000	57 000	16 000
Impairment	0	0	0	0
Expenditure	5 464 000	2 356 000	3 230 000	4 754 000
Operating Profit	−5 386 000	−2 260 000	−3 230 000	−4 704 000
Financial Income	5 000	1 000	10 000	2 000
Financial Costs	9 000	5 000	1 000	50 000
Financial Balance	−4 000	−4 000	9 000	−48 000
Dividends	0	0	0	0
Net Income	−4 190 000	−1 768 000	−2 510 000	−3 055 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 324 000	14 096 000	6 483 000	3 642 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	245 000	243 000	131 000	149 000
Total Tangible Assets	245 000	243 000	131 000	149 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 569 000	14 339 000	6 615 000	3 790 000
Stock	323 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 742 000	10 648 000	1 668 000	5 781 000
Total Current Assets	16 743 000	14 182 000	4 624 000	9 331 000
Total Assets	37 313 000	28 521 000	11 238 000	13 122 000
Total Equity	29 535 000	17 195 000	−5 231 000	−3 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	704 000	1 750 000	991 000	2 005 000
Unpaid Taxes	492 000	560 000	401 000	780 000
Dividends	0	0	0	0
Other Current Debt	1 152 000	3 587 000	1 648 000	429 000
Total Current Debt	7 778 000	11 326 000	16 470 000	16 643 000
Total Equity and Debt	37 313 000	28 521 000	11 238 000	13 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,19 %	−10,28 %	47,98 %	86,77 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−6 817,72 %	−2 378,95 %	-	−9 408 %
Current Ratio	2,15	1,25	0,28	0,56
Quick Ratio	2,25	1,25	0,28	0,56
Equity Ratio	0,79	0,6	−0,47	−0,27
Gross Profit Margin	68,35 %	100 %	-	100 %