OCEANTEAM ASA

1366 LYSAKER

Finances

Return on Equity

−168,8 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	60 000	5 747 000	−3 380 000	17 985 000
Net Income	−8 244 000	−3 126 000	−73 188 000	687 000
Total Assets	9 491 000	18 538 000	52 756 000	120 541 000
Total Equity	4 884 000	13 127 000	16 254 000	89 442 000

Income (USD)	2022	2021	2020	2019
Revenue	60 000	5 747 000	−3 380 000	17 985 000
Expenditure	984 000	6 943 000	61 526 000	15 965 000
Operating Profit	−924 000	−1 196 000	−64 906 000	2 020 000
Financial Income	13 000	0	25 000	57 000
Financial Costs	298 000	306 000	7 555 000	2 079 000
Financial Balance	−285 000	−306 000	−7 530 000	−2 022 000
Earnings Before Tax	−1 209 000	−1 502 000	−72 436 000	−2 000
Tax	0	50 000	752 000	261 000
Net Income	−8 244 000	−3 126 000	−73 188 000	687 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	9 000	13 176 000	44 791 000	111 240 000
Total Current Assets	9 482 000	5 362 000	7 965 000	9 301 000
Total Assets	9 491 000	18 538 000	52 756 000	120 541 000
Total Retained Equity	−21 695 000	−13 452 000	−10 325 000	62 863 000
Total Equity	4 884 000	13 127 000	16 254 000	89 442 000
Total Long-Term Debt	0	3 000 000	3 405 000	511 000
Total Current Debt	4 607 000	2 411 000	33 097 000	30 588 000
Total Equity and Debt	9 491 000	18 538 000	52 756 000	120 541 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	60 000	5 747 000	13 591 000	15 879 000
Other Income	0	0	−16 971 000	2 106 000
Revenue	60 000	5 747 000	−3 380 000	17 985 000
Cost of Goods Sold	0	3 249 000	7 136 000	5 865 000
Salary Costs	983 000	2 400 000	2 422 000	4 318 000
Depreciation	1 000	1 129 000	5 869 000	5 772 000
Impairment	0	0	0	0
Expenditure	984 000	6 943 000	61 526 000	15 965 000
Operating Profit	−924 000	−1 196 000	−64 906 000	2 020 000
Financial Income	13 000	0	25 000	57 000
Financial Costs	298 000	306 000	7 555 000	2 079 000
Financial Balance	−285 000	−306 000	−7 530 000	−2 022 000
Dividends	0	0	0	0
Net Income	−8 244 000	−3 126 000	−73 188 000	687 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	200 000	731 000	1 000 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	0	0	591 000
Fixtures	0	0	0	0
Total Tangible Assets	9 000	12 976 000	44 060 000	93 268 000
Total Fiancial Fixed Assets	0	0	0	16 972 000
Total Fixed Assets	9 000	13 176 000	44 791 000	111 240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 223 000	2 751 000	3 191 000	4 827 000
Total Current Assets	9 482 000	5 362 000	7 965 000	9 301 000
Total Assets	9 491 000	18 538 000	52 756 000	120 541 000
Total Equity	4 884 000	13 127 000	16 254 000	89 442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000 000	3 405 000	511 000
Creditors	71 000	452 000	1 674 000	1 140 000
Unpaid Taxes	18 000	36 000	58 000	65 000
Dividends	0	0	0	0
Other Current Debt	4 518 000	1 923 000	9 199 000	4 276 000
Total Current Debt	4 607 000	2 411 000	33 097 000	30 588 000
Total Equity and Debt	9 491 000	18 538 000	52 756 000	120 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−168,8 %	−23,81 %	−450,28 %	0,77 %
Debt-to-Equity Ratio	0	0,23	0,21	0,01
Operating Profit Margin	−1 540 %	−20,81 %	1 920,3 %	11,23 %
Current Ratio	2,06	2,22	0,24	0,3
Quick Ratio	2,06	2,22	0,24	0,3
Equity Ratio	0,51	0,71	0,31	0,74
Gross Profit Margin	100 %	43,47 %	311,12 %	67,39 %