SINTEF OCEAN AS

7052 TRONDHEIM

Finances

Return on Equity

1,97 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	777 910 000	703 710 000	633 106 000	669 878 000
Net Income	9 963 000	29 864 000	28 565 000	33 952 000
Total Assets	1 127 515 000	965 617 000	927 169 000	860 216 000
Total Equity	506 593 000	496 630 000	466 766 000	438 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	777 910 000	703 710 000	633 106 000	669 878 000
Expenditure	770 252 000	678 475 000	612 173 000	637 790 000
Operating Profit	7 659 000	25 234 000	20 933 000	32 088 000
Financial Income	11 399 000	15 811 000	23 384 000	11 571 000
Financial Costs	5 546 000	5 092 000	11 152 000	4 749 000
Financial Balance	5 853 000	10 719 000	12 232 000	6 822 000
Earnings Before Tax	13 512 000	35 953 000	33 165 000	38 910 000
Tax	3 548 000	6 089 000	4 601 000	4 958 000
Net Income	9 963 000	29 864 000	28 565 000	33 952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	168 210 000	161 199 000	152 157 000	151 641 000
Total Current Assets	959 305 000	804 418 000	775 012 000	708 575 000
Total Assets	1 127 515 000	965 617 000	927 169 000	860 216 000
Total Retained Equity	353 143 000	343 179 000	313 315 000	284 750 000
Total Equity	506 593 000	496 630 000	466 766 000	438 200 000
Total Long-Term Debt	11 806 000	12 931 000	13 042 000	17 029 000
Total Current Debt	609 116 000	456 056 000	447 361 000	404 987 000
Total Equity and Debt	1 127 515 000	965 617 000	927 169 000	860 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	719 205 000	630 129 000	570 165 000	669 878 000
Other Income	58 705 000	73 581 000	62 941 000	0
Revenue	777 910 000	703 710 000	633 106 000	669 878 000
Cost of Goods Sold	154 996 000	129 154 000	111 948 000	154 675 000
Salary Costs	430 149 000	390 751 000	352 452 000	338 673 000
Depreciation	17 980 000	21 364 000	19 553 000	17 449 000
Impairment	0	0	0	0
Expenditure	770 252 000	678 475 000	612 173 000	637 790 000
Operating Profit	7 659 000	25 234 000	20 933 000	32 088 000
Financial Income	11 399 000	15 811 000	23 384 000	11 571 000
Financial Costs	5 546 000	5 092 000	11 152 000	4 749 000
Financial Balance	5 853 000	10 719 000	12 232 000	6 822 000
Dividends	0	0	0	0
Net Income	9 963 000	29 864 000	28 565 000	33 952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 400 000	3 993 000	4 586 000	5 178 000
Total Intangible Assets	68 306 000	64 913 000	71 149 000	73 717 000
Real Eastate	31 924 000	20 607 000	10 801 000	8 457 000
Machinery and Plant Facilities	18 078 000	25 266 000	28 324 000	31 642 000
Fixtures	7 984 000	8 724 000	7 961 000	7 385 000
Total Tangible Assets	57 986 000	54 597 000	47 086 000	47 484 000
Total Fiancial Fixed Assets	41 918 000	41 688 000	33 922 000	30 440 000
Total Fixed Assets	168 210 000	161 199 000	152 157 000	151 641 000
Stock	172 424 000	169 336 000	144 183 000	148 807 000
Total Investments	73 509 000	75 881 000	70 461 000	61 553 000
Cash, Bank	405 172 000	398 423 000	401 149 000	337 800 000
Total Current Assets	959 305 000	804 418 000	775 012 000	708 575 000
Total Assets	1 127 515 000	965 617 000	927 169 000	860 216 000
Total Equity	506 593 000	496 630 000	466 766 000	438 200 000
Short-Term Group Debt	0	0	0	16 727 000
Total Long-Term Debt	11 806 000	12 931 000	13 042 000	17 029 000
Creditors	59 157 000	30 461 000	26 669 000	26 895 000
Unpaid Taxes	38 152 000	34 688 000	36 892 000	31 568 000
Dividends	0	0	0	0
Other Current Debt	502 814 000	388 014 000	378 730 000	321 228 000
Total Current Debt	609 116 000	456 056 000	447 361 000	404 987 000
Total Equity and Debt	1 127 515 000	965 617 000	927 169 000	860 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,97 %	6,01 %	6,12 %	7,75 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,04
Operating Profit Margin	0,98 %	3,59 %	3,31 %	4,79 %
Current Ratio	1,57	1,76	1,73	1,75
Quick Ratio	2,2	2,81	2,56	2,77
Equity Ratio	0,45	0,51	0,5	0,51
Gross Profit Margin	80,08 %	81,65 %	82,32 %	76,91 %