OCEAN VISIONEERING AS

6009 ÅLESUND

Finances

Share Ownership

Return on Equity

−163,46 %

Current Ratio

0,52

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	79 000	1 078 000	0
Net Income	−1 870 000	−1 710 000	−1 019 000	−11 000
Total Assets	8 738 000	6 675 000	964 000	30 000
Total Equity	1 144 000	3 014 000	−456 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	79 000	1 078 000	0
Expenditure	2 539 000	3 702 000	2 098 000	11 000
Operating Profit	−1 739 000	−1 692 000	−1 021 000	−11 000
Financial Income	3 000	0	2 000	0
Financial Costs	135 000	18 000	0	0
Financial Balance	−132 000	−18 000	2 000	0
Earnings Before Tax	−1 870 000	−1 710 000	−1 019 000	−11 000
Tax	0	0	0	0
Net Income	−1 870 000	−1 710 000	−1 019 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 062 000	1 964 000	40 000	0
Total Current Assets	2 675 000	4 711 000	923 000	30 000
Total Assets	8 738 000	6 675 000	964 000	30 000
Total Retained Equity	−4 609 000	−2 739 000	−1 029 000	−11 000
Total Equity	1 144 000	3 014 000	−456 000	19 000
Total Long-Term Debt	2 400 000	2 400 000	0	0
Total Current Debt	5 194 000	1 260 000	1 420 000	11 000
Total Equity and Debt	8 738 000	6 675 000	964 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	29 000	1 078 000	0
Other Income	800 000	50 000	0	0
Revenue	800 000	79 000	1 078 000	0
Cost of Goods Sold	144 000	1 147 000	284 000	0
Salary Costs	936 000	1 267 000	1 388 000	0
Depreciation	8 000	8 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 539 000	3 702 000	2 098 000	11 000
Operating Profit	−1 739 000	−1 692 000	−1 021 000	−11 000
Financial Income	3 000	0	2 000	0
Financial Costs	135 000	18 000	0	0
Financial Balance	−132 000	−18 000	2 000	0
Dividends	0	0	0	0
Net Income	−1 870 000	−1 710 000	−1 019 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 038 000	1 932 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	32 000	40 000	0
Total Tangible Assets	24 000	32 000	40 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 062 000	1 964 000	40 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 377 000	2 203 000	786 000	30 000
Total Current Assets	2 675 000	4 711 000	923 000	30 000
Total Assets	8 738 000	6 675 000	964 000	30 000
Total Equity	1 144 000	3 014 000	−456 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 400 000	0	0
Creditors	113 000	427 000	339 000	11 000
Unpaid Taxes	198 000	247 000	287 000	0
Dividends	0	0	0	0
Other Current Debt	985 000	586 000	793 000	0
Total Current Debt	5 194 000	1 260 000	1 420 000	11 000
Total Equity and Debt	8 738 000	6 675 000	964 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,46 %	−56,74 %	223,46 %	−57,89 %
Debt-to-Equity Ratio	2,1	0,8	−0	0
Operating Profit Margin	−217,38 %	−2 141,77 %	−94,71 %	-
Current Ratio	0,52	3,74	0,65	2,73
Quick Ratio	0,52	3,74	0,65	2,73
Equity Ratio	0,13	0,45	−0,47	0,63
Gross Profit Margin	82 %	−1 351,9 %	73,65 %	-