THE OCEAN OPPORTUNITY LAB AS

0371 OSLO

Finances

Share Ownership

Return on Equity

32,17 %

Current Ratio

0,33

Debt-to-Equity Ratio

−2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	752 000	1 913 000	241 000
Net Income	−920 000	−2 458 000	586 000	−93 000
Total Assets	10 725 000	7 141 000	3 066 000	538 000
Total Equity	−2 860 000	−1 940 000	517 000	−69 000

Income (NOK)	2022	2021	2020	2019
Revenue	602 000	752 000	1 913 000	241 000
Expenditure	1 292 000	3 036 000	1 250 000	330 000
Operating Profit	−691 000	−2 285 000	663 000	−89 000
Financial Income	12 000	4 000	2 000	0
Financial Costs	241 000	159 000	39 000	5 000
Financial Balance	−229 000	−155 000	−37 000	−5 000
Earnings Before Tax	−920 000	−2 440 000	626 000	−93 000
Tax	0	18 000	39 000	0
Net Income	−920 000	−2 458 000	586 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 587 000	4 962 000	2 280 000	125 000
Total Current Assets	2 137 000	2 180 000	786 000	413 000
Total Assets	10 725 000	7 141 000	3 066 000	538 000
Total Retained Equity	−2 890 000	−1 970 000	487 000	−93 000
Total Equity	−2 860 000	−1 940 000	517 000	−69 000
Total Long-Term Debt	7 043 000	5 591 000	1 859 000	605 000
Total Current Debt	6 542 000	3 490 000	690 000	3 000
Total Equity and Debt	10 725 000	7 141 000	3 066 000	538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	592 000	815 000	241 000
Other Income	0	160 000	1 098 000	0
Revenue	602 000	752 000	1 913 000	241 000
Cost of Goods Sold	0	0	12 000	19 000
Salary Costs	961 000	1 792 000	576 000	0
Depreciation	35 000	44 000	61 000	20 000
Impairment	0	0	0	0
Expenditure	1 292 000	3 036 000	1 250 000	330 000
Operating Profit	−691 000	−2 285 000	663 000	−89 000
Financial Income	12 000	4 000	2 000	0
Financial Costs	241 000	159 000	39 000	5 000
Financial Balance	−229 000	−155 000	−37 000	−5 000
Dividends	0	0	0	0
Net Income	−920 000	−2 458 000	586 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 592 000	4 931 000	2 206 000	0
Real Eastate	0	0	26 000	71 000
Machinery and Plant Facilities	−12 000	12 000	25 000	38 000
Fixtures	7 000	18 000	24 000	17 000
Total Tangible Assets	−5 000	30 000	75 000	125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 587 000	4 962 000	2 280 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	418 000	913 000	314 000	237 000
Total Current Assets	2 137 000	2 180 000	786 000	413 000
Total Assets	10 725 000	7 141 000	3 066 000	538 000
Total Equity	−2 860 000	−1 940 000	517 000	−69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 043 000	5 591 000	1 859 000	605 000
Creditors	29 000	432 000	118 000	−3 000
Unpaid Taxes	145 000	155 000	92 000	0
Dividends	0	0	0	0
Other Current Debt	918 000	671 000	280 000	6 000
Total Current Debt	6 542 000	3 490 000	690 000	3 000
Total Equity and Debt	10 725 000	7 141 000	3 066 000	538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,17 %	126,7 %	113,35 %	134,78 %
Debt-to-Equity Ratio	−2,46	−2,88	3,6	−8,77
Operating Profit Margin	−114,78 %	−303,86 %	34,66 %	−36,93 %
Current Ratio	0,33	0,62	1,14	137,67
Quick Ratio	0,33	0,62	1,14	137,67
Equity Ratio	−0,27	−0,27	0,17	−0,13
Gross Profit Margin	100 %	100 %	99,37 %	92,12 %