NORDIC BLU OCEAN AS

7600 LEVANGER

Finances

Return on Equity

522 %

Current Ratio

0,38

Debt-to-Equity Ratio

−66,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 283 000	386 000	924 000	0
Net Income	−261 000	−192 000	−19 000	400 000
Total Assets	8 623 000	5 618 000	5 634 000	2 632 000
Total Equity	−50 000	211 000	403 000	422 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 283 000	386 000	924 000	0
Expenditure	1 627 000	633 000	949 000	2 000
Operating Profit	−344 000	−247 000	−25 000	−2 000
Financial Income	10 000	1 000	0	400 000
Financial Costs	1 000	0	0	0
Financial Balance	9 000	1 000	0	400 000
Earnings Before Tax	−335 000	−246 000	−25 000	398 000
Tax	−74 000	−54 000	−5 000	−2 000
Net Income	−261 000	−192 000	−19 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 582 000	4 513 000	4 477 000	1 102 000
Total Current Assets	2 041 000	1 104 000	1 157 000	1 530 000
Total Assets	8 623 000	5 618 000	5 634 000	2 632 000
Total Retained Equity	−72 000	189 000	381 000	400 000
Total Equity	−50 000	211 000	403 000	422 000
Total Long-Term Debt	3 344 000	0	0	0
Total Current Debt	5 328 000	5 407 000	5 232 000	2 210 000
Total Equity and Debt	8 623 000	5 618 000	5 634 000	2 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 139 000	386 000	924 000	0
Other Income	144 000	0	0	0
Revenue	1 283 000	386 000	924 000	0
Cost of Goods Sold	173 000	3 000	386 000	0
Salary Costs	3 000	0	0	0
Depreciation	260 000	179 000	161 000	0
Impairment	0	0	0	0
Expenditure	1 627 000	633 000	949 000	2 000
Operating Profit	−344 000	−247 000	−25 000	−2 000
Financial Income	10 000	1 000	0	400 000
Financial Costs	1 000	0	0	0
Financial Balance	9 000	1 000	0	400 000
Dividends	0	0	0	0
Net Income	−261 000	−192 000	−19 000	400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	135 000	62 000	8 000	2 000
Real Eastate	3 611 000	20 000	0	0
Machinery and Plant Facilities	148 000	117 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 296 000	3 302 000	3 340 000	0
Total Fiancial Fixed Assets	1 150 000	1 150 000	1 130 000	1 100 000
Total Fixed Assets	6 582 000	4 513 000	4 477 000	1 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 344 000	320 000	107 000	30 000
Total Current Assets	2 041 000	1 104 000	1 157 000	1 530 000
Total Assets	8 623 000	5 618 000	5 634 000	2 632 000
Total Equity	−50 000	211 000	403 000	422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 344 000	0	0	0
Creditors	222 000	79 000	81 000	10 000
Unpaid Taxes	−20 000	50 000	74 000	0
Dividends	0	0	0	0
Other Current Debt	5 125 000	5 278 000	5 077 000	2 200 000
Total Current Debt	5 328 000	5 407 000	5 232 000	2 210 000
Total Equity and Debt	8 623 000	5 618 000	5 634 000	2 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	522 %	−91 %	−4,71 %	94,79 %
Debt-to-Equity Ratio	−66,88	0	0	0
Operating Profit Margin	−26,81 %	−63,99 %	−2,71 %	-
Current Ratio	0,38	0,2	0,22	0,69
Quick Ratio	0,38	0,2	0,22	0,69
Equity Ratio	−0,01	0,04	0,07	0,16
Gross Profit Margin	86,52 %	99,22 %	58,23 %	-