OCEAN TRADING AS

6507 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−7 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 265 000	683 000	0
Net Income	59 000	−917 000	−15 000
Total Assets	550 000	497 000	172 000
Total Equity	−843 000	−902 000	15 000

Income (NOK)	2022	2021	2020
Revenue	1 265 000	683 000	0
Expenditure	1 121 000	1 811 000	19 000
Operating Profit	144 000	−1 128 000	−19 000
Financial Income	10 000	0	0
Financial Costs	78 000	47 000	0
Financial Balance	−68 000	−47 000	0
Earnings Before Tax	75 000	−1 175 000	−20 000
Tax	17 000	−259 000	−4 000
Net Income	59 000	−917 000	−15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	246 000	263 000	4 000
Total Current Assets	304 000	234 000	167 000
Total Assets	550 000	497 000	172 000
Total Retained Equity	−873 000	−932 000	−15 000
Total Equity	−843 000	−902 000	15 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 393 000	1 399 000	157 000
Total Equity and Debt	550 000	497 000	172 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 265 000	675 000	0
Other Income	0	8 000	0
Revenue	1 265 000	683 000	0
Cost of Goods Sold	633 000	1 699 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 121 000	1 811 000	19 000
Operating Profit	144 000	−1 128 000	−19 000
Financial Income	10 000	0	0
Financial Costs	78 000	47 000	0
Financial Balance	−68 000	−47 000	0
Dividends	0	0	0
Net Income	59 000	−917 000	−15 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	246 000	263 000	4 000
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	246 000	263 000	4 000
Stock	0	60 000	60 000
Total Investments	0	0	0
Cash, Bank	0	0	30 000
Total Current Assets	304 000	234 000	167 000
Total Assets	550 000	497 000	172 000
Total Equity	−843 000	−902 000	15 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	219 000	518 000	0
Unpaid Taxes	130 000	79 000	0
Dividends	0	0	0
Other Current Debt	606 000	167 000	96 000
Total Current Debt	1 393 000	1 399 000	157 000
Total Equity and Debt	550 000	497 000	172 000

Financial indicators	2022	2021	2020
Return on Equity	−7 %	101,66 %	−100 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	11,38 %	−165,15 %	-
Current Ratio	0,22	0,17	1,06
Quick Ratio	0,22	0,17	1,72
Equity Ratio	−1,53	−1,81	0,09
Gross Profit Margin	49,96 %	−148,76 %	-