LIFT OCEAN AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

−37,02 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 790 000	4 707 000	56 000	0
Net Income	−6 747 000	−2 563 000	−211 000	−5 000
Total Assets	22 579 000	3 502 000	3 470 000	24 000
Total Equity	18 224 000	540 000	2 808 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 790 000	4 707 000	56 000	0
Expenditure	9 457 000	7 266 000	268 000	5 000
Operating Profit	−6 667 000	−2 559 000	−211 000	−5 000
Financial Income	24 000	0	0	0
Financial Costs	104 000	4 000	0	0
Financial Balance	−80 000	−4 000	0	0
Earnings Before Tax	−6 747 000	−2 563 000	−211 000	−5 000
Tax	0	0	0	0
Net Income	−6 747 000	−2 563 000	−211 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 133 000	2 654 000	0	0
Total Current Assets	7 446 000	848 000	3 470 000	24 000
Total Assets	22 579 000	3 502 000	3 470 000	24 000
Total Retained Equity	−9 526 000	−2 779 000	−216 000	−5 000
Total Equity	18 224 000	540 000	2 808 000	19 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 355 000	2 963 000	662 000	5 000
Total Equity and Debt	22 579 000	3 502 000	3 470 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	170 000	2 740 000	56 000	0
Other Income	2 620 000	1 967 000	0	0
Revenue	2 790 000	4 707 000	56 000	0
Cost of Goods Sold	774 000	4 557 000	0	0
Salary Costs	2 750 000	1 239 000	112 000	0
Depreciation	3 308 000	154 000	0	0
Impairment	0	0	0	0
Expenditure	9 457 000	7 266 000	268 000	5 000
Operating Profit	−6 667 000	−2 559 000	−211 000	−5 000
Financial Income	24 000	0	0	0
Financial Costs	104 000	4 000	0	0
Financial Balance	−80 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	−6 747 000	−2 563 000	−211 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 335 000	2 606 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	425 000	48 000	0	0
Fixtures	374 000	0	0	0
Total Tangible Assets	798 000	48 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 133 000	2 654 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 549 000	561 000	3 362 000	24 000
Total Current Assets	7 446 000	848 000	3 470 000	24 000
Total Assets	22 579 000	3 502 000	3 470 000	24 000
Total Equity	18 224 000	540 000	2 808 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 671 000	3 011 000	61 000	0
Unpaid Taxes	310 000	−446 000	48 000	0
Dividends	0	0	0	0
Other Current Debt	375 000	398 000	553 000	5 000
Total Current Debt	4 355 000	2 963 000	662 000	5 000
Total Equity and Debt	22 579 000	3 502 000	3 470 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,02 %	−474,63 %	−7,51 %	−26,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−238,96 %	−54,37 %	−376,79 %	-
Current Ratio	1,71	0,29	5,24	4,8
Quick Ratio	1,71	0,29	5,24	4,8
Equity Ratio	0,81	0,15	0,81	0,79
Gross Profit Margin	72,26 %	3,19 %	100 %	-