OCEAN II AS

4515 MANDAL

Finances

Return on Equity

12,05 %

Current Ratio

0,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	103 000	78 000	54 000
Net Income	20 000	88 000	24 000	3 000
Total Assets	281 000	235 000	151 000	35 000
Total Equity	166 000	197 000	108 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	103 000	78 000	54 000
Expenditure	28 000	28 000	47 000	50 000
Operating Profit	27 000	75 000	31 000	4 000
Financial Income	2 000	30 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−1 000	30 000	0	0
Earnings Before Tax	26 000	105 000	31 000	4 000
Tax	6 000	16 000	7 000	1 000
Net Income	20 000	88 000	24 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	71 000	60 000	2 000
Total Current Assets	10 000	164 000	92 000	32 000
Total Assets	281 000	235 000	151 000	35 000
Total Retained Equity	136 000	116 000	27 000	3 000
Total Equity	166 000	197 000	108 000	33 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	115 000	38 000	43 000	2 000
Total Equity and Debt	281 000	235 000	151 000	35 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 000	103 000	78 000	54 000
Other Income	0	0	0	0
Revenue	55 000	103 000	78 000	54 000
Cost of Goods Sold	0	12 000	0	0
Salary Costs	15 000	12 000	4 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 000	28 000	47 000	50 000
Operating Profit	27 000	75 000	31 000	4 000
Financial Income	2 000	30 000	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−1 000	30 000	0	0
Dividends	0	0	0	0
Net Income	20 000	88 000	24 000	3 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	270 000	71 000	60 000	2 000
Total Fixed Assets	270 000	71 000	60 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	161 000	52 000	3 000
Total Current Assets	10 000	164 000	92 000	32 000
Total Assets	281 000	235 000	151 000	35 000
Total Equity	166 000	197 000	108 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	12 000	22 000	15 000	1 000
Dividends	0	0	0	0
Other Current Debt	97 000	0	21 000	0
Total Current Debt	115 000	38 000	43 000	2 000
Total Equity and Debt	281 000	235 000	151 000	35 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,05 %	44,67 %	22,22 %	9,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	49,09 %	72,82 %	39,74 %	7,41 %
Current Ratio	0,09	4,32	2,14	16
Quick Ratio	0,09	4,32	2,14	16
Equity Ratio	0,59	0,84	0,72	0,94
Gross Profit Margin	100 %	88,35 %	100 %	100 %