FRED. OLSEN OCEAN AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−2,24 %

Current Ratio

5,1

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 452 000	52 484 000	54 001 000	45 584 000
Net Income	−272 000	6 725 000	4 659 000	56 000
Total Assets	24 271 000	34 491 000	31 969 000	24 194 000
Total Equity	12 129 000	1 315 000	2 423 000	783 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 452 000	52 484 000	54 001 000	45 584 000
Expenditure	18 038 000	43 855 000	48 896 000	45 559 000
Operating Profit	−586 000	8 628 000	5 105 000	24 000
Financial Income	457 000	79 000	262 000	64 000
Financial Costs	171 000	45 000	116 000	2 000
Financial Balance	286 000	34 000	146 000	62 000
Earnings Before Tax	−299 000	8 662 000	5 251 000	86 000
Tax	−27 000	1 938 000	592 000	30 000
Net Income	−272 000	6 725 000	4 659 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 796 000	5 352 000	4 267 000	4 008 000
Total Current Assets	22 476 000	29 139 000	27 701 000	20 186 000
Total Assets	24 271 000	34 491 000	31 969 000	24 194 000
Total Retained Equity	1 942 000	815 000	1 923 000	283 000
Total Equity	12 129 000	1 315 000	2 423 000	783 000
Total Long-Term Debt	7 739 000	19 271 000	18 629 000	17 091 000
Total Current Debt	4 404 000	13 906 000	10 916 000	6 320 000
Total Equity and Debt	24 271 000	34 491 000	31 969 000	24 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 998 000	47 882 000	53 214 000	0
Other Income	454 000	4 602 000	787 000	45 584 000
Revenue	17 452 000	52 484 000	54 001 000	45 584 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 063 000	18 929 000	22 482 000	19 297 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 038 000	43 855 000	48 896 000	45 559 000
Operating Profit	−586 000	8 628 000	5 105 000	24 000
Financial Income	457 000	79 000	262 000	64 000
Financial Costs	171 000	45 000	116 000	2 000
Financial Balance	286 000	34 000	146 000	62 000
Dividends	0	0	0	0
Net Income	−272 000	6 725 000	4 659 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 681 000	4 386 000	4 152 000	3 893 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	86 000	86 000	86 000
Total Tangible Assets	86 000	86 000	86 000	86 000
Total Fiancial Fixed Assets	29 000	881 000	29 000	29 000
Total Fixed Assets	1 796 000	5 352 000	4 267 000	4 008 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 549 000	14 894 000	3 005 000	4 797 000
Total Current Assets	22 476 000	29 139 000	27 701 000	20 186 000
Total Assets	24 271 000	34 491 000	31 969 000	24 194 000
Total Equity	12 129 000	1 315 000	2 423 000	783 000
Short-Term Group Debt	0	0	0	120 000
Total Long-Term Debt	7 739 000	19 271 000	18 629 000	17 091 000
Creditors	2 111 000	712 000	1 036 000	1 641 000
Unpaid Taxes	325 000	572 000	843 000	3 603 000
Dividends	0	0	0	0
Other Current Debt	1 968 000	12 621 000	9 037 000	955 000
Total Current Debt	4 404 000	13 906 000	10 916 000	6 320 000
Total Equity and Debt	24 271 000	34 491 000	31 969 000	24 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,24 %	511,41 %	192,28 %	7,15 %
Debt-to-Equity Ratio	0,64	14,65	7,69	21,83
Operating Profit Margin	−3,36 %	16,44 %	9,45 %	0,05 %
Current Ratio	5,1	2,1	2,54	3,19
Quick Ratio	5,1	2,1	2,54	3,19
Equity Ratio	0,5	0,04	0,08	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %