OCEANPACT TECHNOLOGY NORWAY AS

5231 PARADIS

Finances

Return on Equity

27,41 %

Current Ratio

48,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 582 000	1 874 000	1 358 000	6 202 000
Net Income	1 262 000	1 095 000	742 000	501 000
Total Assets	4 701 000	3 445 000	2 461 000	1 608 000
Total Equity	4 604 000	3 342 000	2 247 000	1 504 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 582 000	1 874 000	1 358 000	6 202 000
Expenditure	1 336 000	780 000	611 000	5 706 000
Operating Profit	1 246 000	1 094 000	746 000	497 000
Financial Income	17 000	2 000	2 000	4 000
Financial Costs	0	0	6 000	0
Financial Balance	17 000	2 000	−4 000	4 000
Earnings Before Tax	1 262 000	1 095 000	742 000	501 000
Tax	0	0	0	0
Net Income	1 262 000	1 095 000	742 000	501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	15 000	24 000
Total Current Assets	4 701 000	3 439 000	2 446 000	1 584 000
Total Assets	4 701 000	3 445 000	2 461 000	1 608 000
Total Retained Equity	3 497 000	2 235 000	1 139 000	397 000
Total Equity	4 604 000	3 342 000	2 247 000	1 504 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	96 000	103 000	215 000	103 000
Total Equity and Debt	4 701 000	3 445 000	2 461 000	1 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 582 000	1 874 000	1 358 000	5 932 000
Other Income	0	0	0	270 000
Revenue	2 582 000	1 874 000	1 358 000	6 202 000
Cost of Goods Sold	50 000	50 000	31 000	4 204 000
Salary Costs	0	0	0	−20 000
Depreciation	6 000	9 000	9 000	18 000
Impairment	0	0	0	0
Expenditure	1 336 000	780 000	611 000	5 706 000
Operating Profit	1 246 000	1 094 000	746 000	497 000
Financial Income	17 000	2 000	2 000	4 000
Financial Costs	0	0	6 000	0
Financial Balance	17 000	2 000	−4 000	4 000
Dividends	0	0	0	0
Net Income	1 262 000	1 095 000	742 000	501 000

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	6 000	15 000	24 000
Fixtures	0	0	0	0
Total Tangible Assets	0	6 000	15 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	15 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 585 000	2 342 000	1 900 000	229 000
Total Current Assets	4 701 000	3 439 000	2 446 000	1 584 000
Total Assets	4 701 000	3 445 000	2 461 000	1 608 000
Total Equity	4 604 000	3 342 000	2 247 000	1 504 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	93 000	215 000	83 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	10 000	0	20 000
Total Current Debt	96 000	103 000	215 000	103 000
Total Equity and Debt	4 701 000	3 445 000	2 461 000	1 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,41 %	32,76 %	33,02 %	33,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,26 %	58,38 %	54,93 %	8,01 %
Current Ratio	48,97	33,39	11,38	15,38
Quick Ratio	48,97	33,39	11,38	15,38
Equity Ratio	0,98	0,97	0,91	0,94
Gross Profit Margin	98,06 %	97,33 %	97,72 %	32,22 %