OCEAN ADVENTURES AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

−6,37 %

Current Ratio

0,33

Debt-to-Equity Ratio

4,04

Key figures (NOK)	2022	2021	2020
Revenue	280 000	127 000	268 000
Net Income	−10 000	−104 000	−53 000
Total Assets	1 691 000	1 661 000	1 803 000
Total Equity	157 000	166 000	166 000

Income (NOK)	2022	2021	2020
Revenue	280 000	127 000	268 000
Expenditure	221 000	192 000	260 000
Operating Profit	59 000	−65 000	8 000
Financial Income	0	0	0
Financial Costs	71 000	68 000	76 000
Financial Balance	−71 000	−68 000	−76 000
Earnings Before Tax	−12 000	−134 000	−68 000
Tax	−3 000	−29 000	−15 000
Net Income	−10 000	−104 000	−53 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 393 000	1 429 000	1 465 000
Total Current Assets	298 000	233 000	338 000
Total Assets	1 691 000	1 661 000	1 803 000
Total Retained Equity	−10 000	0	0
Total Equity	157 000	166 000	166 000
Total Long-Term Debt	635 000	788 000	979 000
Total Current Debt	900 000	707 000	658 000
Total Equity and Debt	1 691 000	1 661 000	1 803 000

Cash flow (NOK)	2022	2021	2020
Sales Income	280 000	127 000	268 000
Other Income	0	0	0
Revenue	280 000	127 000	268 000
Cost of Goods Sold	34 000	0	25 000
Salary Costs	0	0	0
Depreciation	36 000	36 000	30 000
Impairment	0	0	0
Expenditure	221 000	192 000	260 000
Operating Profit	59 000	−65 000	8 000
Financial Income	0	0	0
Financial Costs	71 000	68 000	76 000
Financial Balance	−71 000	−68 000	−76 000
Dividends	0	0	0
Net Income	−10 000	−104 000	−53 000

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	1 348 000	1 384 000	1 420 000
Total Fiancial Fixed Assets	45 000	45 000	45 000
Total Fixed Assets	1 393 000	1 429 000	1 465 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	43 000	2 000	0
Total Current Assets	298 000	233 000	338 000
Total Assets	1 691 000	1 661 000	1 803 000
Total Equity	157 000	166 000	166 000
Short-Term Group Debt	738 000	668 000	641 000
Total Long-Term Debt	635 000	788 000	979 000
Creditors	162 000	17 000	17 000
Unpaid Taxes	0	21 000	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	900 000	707 000	658 000
Total Equity and Debt	1 691 000	1 661 000	1 803 000

Financial indicators	2022	2021	2020
Return on Equity	−6,37 %	−62,65 %	−31,93 %
Debt-to-Equity Ratio	4,04	4,75	5,9
Operating Profit Margin	21,07 %	−51,18 %	2,99 %
Current Ratio	0,33	0,33	0,51
Quick Ratio	0,33	0,33	0,51
Equity Ratio	0,09	0,1	0,09
Gross Profit Margin	87,86 %	100 %	90,67 %