DEEPOCEAN SHIPPING III AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

14,88 %

Current Ratio

8,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	426 000	60 193 000	31 087 000
Net Income	20 447 000	8 091 000	54 135 000	16 459 000
Total Assets	143 343 000	162 315 000	150 495 000	124 816 000
Total Equity	137 390 000	116 943 000	139 077 000	84 942 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	426 000	60 193 000	31 087 000
Expenditure	50 000	244 000	3 338 000	19 117 000
Operating Profit	−50 000	181 000	56 854 000	11 971 000
Financial Income	28 411 000	13 406 000	12 940 000	64 000
Financial Costs	990 000	1 335 000	13 772 000	2 219 000
Financial Balance	27 421 000	12 071 000	−832 000	−2 155 000
Earnings Before Tax	27 371 000	12 253 000	56 023 000	9 815 000
Tax	6 924 000	4 162 000	1 888 000	−6 644 000
Net Income	20 447 000	8 091 000	54 135 000	16 459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 416 000	96 124 000	132 084 000	116 400 000
Total Current Assets	52 928 000	66 191 000	18 411 000	8 416 000
Total Assets	143 343 000	162 315 000	150 495 000	124 816 000
Total Retained Equity	119 937 000	99 491 000	136 667 000	82 532 000
Total Equity	137 390 000	116 943 000	139 077 000	84 942 000
Total Long-Term Debt	0	0	10 847 000	37 820 000
Total Current Debt	5 953 000	45 372 000	571 000	2 054 000
Total Equity and Debt	143 343 000	162 315 000	150 495 000	124 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	426 000	3 257 000	31 087 000
Other Income	0	0	56 936 000	0
Revenue	0	426 000	60 193 000	31 087 000
Cost of Goods Sold	13 000	140 000	864 000	2 512 000
Salary Costs	0	0	0	0
Depreciation	0	0	1 355 000	16 502 000
Impairment	0	0	0	0
Expenditure	50 000	244 000	3 338 000	19 117 000
Operating Profit	−50 000	181 000	56 854 000	11 971 000
Financial Income	28 411 000	13 406 000	12 940 000	64 000
Financial Costs	990 000	1 335 000	13 772 000	2 219 000
Financial Balance	27 421 000	12 071 000	−832 000	−2 155 000
Dividends	0	0	0	0
Net Income	20 447 000	8 091 000	54 135 000	16 459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	360 000	450 000	7 388 000	9 010 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	107 390 000
Total Fiancial Fixed Assets	90 056 000	95 675 000	124 696 000	0
Total Fixed Assets	90 416 000	96 124 000	132 084 000	116 400 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 101 000	34 062 000	497 000	2 966 000
Total Current Assets	52 928 000	66 191 000	18 411 000	8 416 000
Total Assets	143 343 000	162 315 000	150 495 000	124 816 000
Total Equity	137 390 000	116 943 000	139 077 000	84 942 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 847 000	37 820 000
Creditors	0	78 000	571 000	2 054 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 000	27 000	0	0
Total Current Debt	5 953 000	45 372 000	571 000	2 054 000
Total Equity and Debt	143 343 000	162 315 000	150 495 000	124 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,88 %	6,92 %	38,92 %	19,38 %
Debt-to-Equity Ratio	0	0	0,08	0,45
Operating Profit Margin	-	42,49 %	94,45 %	38,51 %
Current Ratio	8,89	1,46	32,24	4,1
Quick Ratio	8,89	1,46	32,24	4,1
Equity Ratio	0,96	0,72	0,92	0,68
Gross Profit Margin	-	67,14 %	98,56 %	91,92 %