OCEAN PRODUCTS AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

42,59 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 369 000	53 462 000	53 633 000	46 686 000
Net Income	3 404 000	2 729 000	1 765 000	−3 664 000
Total Assets	14 033 000	7 947 000	9 330 000	7 551 000
Total Equity	7 992 000	4 589 000	1 860 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 369 000	53 462 000	53 633 000	46 686 000
Expenditure	150 031 000	50 151 000	50 727 000	50 154 000
Operating Profit	4 339 000	3 311 000	2 906 000	−3 469 000
Financial Income	473 000	598 000	1 410 000	1 779 000
Financial Costs	752 000	1 180 000	2 550 000	1 974 000
Financial Balance	−279 000	−582 000	−1 140 000	−195 000
Earnings Before Tax	4 060 000	2 729 000	1 765 000	−3 664 000
Tax	657 000	0	0	0
Net Income	3 404 000	2 729 000	1 765 000	−3 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 033 000	7 947 000	9 330 000	7 551 000
Total Assets	14 033 000	7 947 000	9 330 000	7 551 000
Total Retained Equity	7 889 000	4 486 000	1 757 000	−9 000
Total Equity	7 992 000	4 589 000	1 860 000	94 000
Total Long-Term Debt	315 000	0	5 225 000	5 459 000
Total Current Debt	5 725 000	3 358 000	2 245 000	1 998 000
Total Equity and Debt	14 033 000	7 947 000	9 330 000	7 551 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 309 000	53 420 000	53 633 000	46 663 000
Other Income	60 000	42 000	0	23 000
Revenue	154 369 000	53 462 000	53 633 000	46 686 000
Cost of Goods Sold	139 377 000	43 542 000	44 396 000	35 779 000
Salary Costs	577 000	286 000	269 000	261 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	150 031 000	50 151 000	50 727 000	50 154 000
Operating Profit	4 339 000	3 311 000	2 906 000	−3 469 000
Financial Income	473 000	598 000	1 410 000	1 779 000
Financial Costs	752 000	1 180 000	2 550 000	1 974 000
Financial Balance	−279 000	−582 000	−1 140 000	−195 000
Dividends	0	0	0	0
Net Income	3 404 000	2 729 000	1 765 000	−3 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	5 755 000	3 204 000	3 589 000	3 028 000
Total Investments	5 000	5 000	0	0
Cash, Bank	654 000	759 000	140 000	373 000
Total Current Assets	14 033 000	7 947 000	9 330 000	7 551 000
Total Assets	14 033 000	7 947 000	9 330 000	7 551 000
Total Equity	7 992 000	4 589 000	1 860 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	315 000	0	5 225 000	5 459 000
Creditors	4 577 000	1 580 000	1 296 000	865 000
Unpaid Taxes	49 000	22 000	9 000	9 000
Dividends	0	0	0	0
Other Current Debt	757 000	1 756 000	939 000	1 124 000
Total Current Debt	5 725 000	3 358 000	2 245 000	1 998 000
Total Equity and Debt	14 033 000	7 947 000	9 330 000	7 551 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,59 %	59,47 %	94,89 %	−3 897,87 %
Debt-to-Equity Ratio	0,04	0	2,81	58,07
Operating Profit Margin	2,81 %	6,19 %	5,42 %	−7,43 %
Current Ratio	2,45	2,37	4,16	3,78
Quick Ratio	−467,77	51,6	−6,94	−7,33
Equity Ratio	0,57	0,58	0,2	0,01
Gross Profit Margin	9,71 %	18,56 %	17,22 %	23,36 %