OCEAN EAGLE AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

15,21

Debt-to-Equity Ratio

7,84

Key figures (NOK)	2022	2021	2020
Revenue	394 000	578 000	140 000
Net Income	6 000	27 000	−6 000
Total Assets	426 000	477 000	208 000
Total Equity	45 000	39 000	12 000

Income (NOK)	2022	2021	2020
Revenue	394 000	578 000	140 000
Expenditure	383 000	543 000	141 000
Operating Profit	12 000	35 000	0
Financial Income	3 000	9 000	2 000
Financial Costs	7 000	14 000	8 000
Financial Balance	−4 000	−5 000	−6 000
Earnings Before Tax	8 000	30 000	−6 000
Tax	2 000	3 000	0
Net Income	6 000	27 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	426 000	477 000	208 000
Total Assets	426 000	477 000	208 000
Total Retained Equity	15 000	9 000	−18 000
Total Equity	45 000	39 000	12 000
Total Long-Term Debt	353 000	317 000	231 000
Total Current Debt	28 000	121 000	−35 000
Total Equity and Debt	426 000	477 000	208 000

Cash flow (NOK)	2022	2021	2020
Sales Income	394 000	578 000	140 000
Other Income	0	0	0
Revenue	394 000	578 000	140 000
Cost of Goods Sold	220 000	355 000	56 000
Salary Costs	0	1 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	383 000	543 000	141 000
Operating Profit	12 000	35 000	0
Financial Income	3 000	9 000	2 000
Financial Costs	7 000	14 000	8 000
Financial Balance	−4 000	−5 000	−6 000
Dividends	0	0	0
Net Income	6 000	27 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	418 000	438 000	148 000
Total Investments	0	0	0
Cash, Bank	7 000	7 000	33 000
Total Current Assets	426 000	477 000	208 000
Total Assets	426 000	477 000	208 000
Total Equity	45 000	39 000	12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	353 000	317 000	231 000
Creditors	26 000	110 000	−42 000
Unpaid Taxes	0	8 000	1 000
Dividends	0	0	0
Other Current Debt	0	0	6 000
Total Current Debt	28 000	121 000	−35 000
Total Equity and Debt	426 000	477 000	208 000

Financial indicators	2022	2021	2020
Return on Equity	13,33 %	69,23 %	−50 %
Debt-to-Equity Ratio	7,84	8,13	19,25
Operating Profit Margin	3,05 %	6,06 %	0 %
Current Ratio	15,21	3,94	−5,94
Quick Ratio	−1,09	−1,5	−1,14
Equity Ratio	0,11	0,08	0,06
Gross Profit Margin	44,16 %	38,58 %	60 %