OCEANBOLT AS

0276 OSLO

Finances

Share Ownership

Return on Equity

43,77 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	916 000	2 721 000	1 279 000	100 000
Net Income	−1 869 000	−1 754 000	−1 775 000	−96 000
Total Assets	392 000	680 000	1 307 000	127 000
Total Equity	−4 270 000	−2 401 000	−672 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	916 000	2 721 000	1 279 000	100 000
Expenditure	2 754 000	4 414 000	3 053 000	197 000
Operating Profit	−1 838 000	−1 693 000	−1 775 000	−96 000
Financial Income	−1 000	44 000	29 000	0
Financial Costs	30 000	105 000	29 000	0
Financial Balance	−31 000	−61 000	0	0
Earnings Before Tax	−1 869 000	−1 754 000	−1 775 000	−96 000
Tax	0	0	0	0
Net Income	−1 869 000	−1 754 000	−1 775 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	17 000	71 000	17 000
Total Current Assets	392 000	663 000	1 236 000	110 000
Total Assets	392 000	680 000	1 307 000	127 000
Total Retained Equity	−5 495 000	−3 625 000	−1 872 000	−96 000
Total Equity	−4 270 000	−2 401 000	−672 000	104 000
Total Long-Term Debt	4 075 000	1 853 000	1 500 000	0
Total Current Debt	588 000	1 228 000	479 000	23 000
Total Equity and Debt	392 000	680 000	1 307 000	127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	989 000	1 060 000	0
Other Income	916 000	1 732 000	219 000	100 000
Revenue	916 000	2 721 000	1 279 000	100 000
Cost of Goods Sold	128 000	1 611 000	1 300 000	28 000
Salary Costs	2 300 000	1 335 000	618 000	8 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 754 000	4 414 000	3 053 000	197 000
Operating Profit	−1 838 000	−1 693 000	−1 775 000	−96 000
Financial Income	−1 000	44 000	29 000	0
Financial Costs	30 000	105 000	29 000	0
Financial Balance	−31 000	−61 000	0	0
Dividends	0	0	0	0
Net Income	−1 869 000	−1 754 000	−1 775 000	−96 000

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	0	17 000	71 000	17 000
Total Fixed Assets	0	17 000	71 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	392 000	530 000	694 000	104 000
Total Current Assets	392 000	663 000	1 236 000	110 000
Total Assets	392 000	680 000	1 307 000	127 000
Total Equity	−4 270 000	−2 401 000	−672 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 075 000	1 853 000	1 500 000	0
Creditors	5 000	46 000	106 000	21 000
Unpaid Taxes	161 000	142 000	174 000	0
Dividends	0	0	0	0
Other Current Debt	422 000	1 040 000	198 000	2 000
Total Current Debt	588 000	1 228 000	479 000	23 000
Total Equity and Debt	392 000	680 000	1 307 000	127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,77 %	73,05 %	264,14 %	−92,31 %
Debt-to-Equity Ratio	−0,95	−0,77	−2,23	0
Operating Profit Margin	−200,66 %	−62,22 %	−138,78 %	−96 %
Current Ratio	0,67	0,54	2,58	4,78
Quick Ratio	0,67	0,54	2,58	4,78
Equity Ratio	−10,89	−3,53	−0,51	0,82
Gross Profit Margin	86,03 %	40,79 %	−1,64 %	72 %