7OCEANS AS

5397 BEKKJARVIK

Finances

Return on Equity

28,63 %

Current Ratio

90,86

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	8 399 000	160 000	29 000
Net Income	6 249 000	832 000	163 000	15 481 000
Total Assets	26 850 000	21 190 000	23 192 000	24 200 000
Total Equity	21 829 000	16 130 000	15 448 000	19 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	8 399 000	160 000	29 000
Expenditure	80 000	7 844 000	376 000	68 000
Operating Profit	−80 000	555 000	−215 000	−39 000
Financial Income	6 373 000	489 000	421 000	15 579 000
Financial Costs	22 000	102 000	93 000	34 000
Financial Balance	6 351 000	387 000	328 000	15 545 000
Earnings Before Tax	6 271 000	942 000	112 000	15 507 000
Tax	22 000	110 000	−50 000	26 000
Net Income	6 249 000	832 000	163 000	15 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 851 000	13 833 000	11 868 000	9 068 000
Total Current Assets	1 999 000	7 357 000	11 323 000	15 132 000
Total Assets	26 850 000	21 190 000	23 192 000	24 200 000
Total Retained Equity	21 799 000	16 100 000	15 418 000	19 555 000
Total Equity	21 829 000	16 130 000	15 448 000	19 585 000
Total Long-Term Debt	5 000 000	5 000 000	3 444 000	3 589 000
Total Current Debt	22 000	60 000	4 300 000	1 026 000
Total Equity and Debt	26 850 000	21 190 000	23 192 000	24 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	8 399 000	160 000	29 000
Revenue	0	8 399 000	160 000	29 000
Cost of Goods Sold	0	7 415 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	80 000	7 844 000	376 000	68 000
Operating Profit	−80 000	555 000	−215 000	−39 000
Financial Income	6 373 000	489 000	421 000	15 579 000
Financial Costs	22 000	102 000	93 000	34 000
Financial Balance	6 351 000	387 000	328 000	15 545 000
Dividends	0	0	4 300 000	1 000 000
Net Income	6 249 000	832 000	163 000	15 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	50 000	0
Real Eastate	0	0	7 415 000	7 415 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	7 415 000	7 415 000
Total Fiancial Fixed Assets	24 851 000	13 833 000	4 403 000	1 653 000
Total Fixed Assets	24 851 000	13 833 000	11 868 000	9 068 000
Stock	0	0	0	0
Total Investments	0	0	0	2 970 000
Cash, Bank	1 999 000	7 357 000	3 660 000	11 151 000
Total Current Assets	1 999 000	7 357 000	11 323 000	15 132 000
Total Assets	26 850 000	21 190 000	23 192 000	24 200 000
Total Equity	21 829 000	16 130 000	15 448 000	19 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	5 000 000	3 444 000	3 589 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	4 300 000	1 000 000
Other Current Debt	0	0	0	0
Total Current Debt	22 000	60 000	4 300 000	1 026 000
Total Equity and Debt	26 850 000	21 190 000	23 192 000	24 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,63 %	5,16 %	1,06 %	79,05 %
Debt-to-Equity Ratio	0,23	0,31	0,22	0,18
Operating Profit Margin	-	6,61 %	−134,38 %	−134,48 %
Current Ratio	90,86	122,62	2,63	14,75
Quick Ratio	90,86	122,62	2,63	14,75
Equity Ratio	0,81	0,76	0,67	0,81
Gross Profit Margin	-	11,72 %	100 %	100 %