OCEANIC SEISMIC VESSELS AS

5160 LAKSEVÅG

Finances

Return on Equity

5,91 %

Current Ratio

0,17

Debt-to-Equity Ratio

0,66

Key figures (USD)	2022	2021	2020	2019
Revenue	23 219 000	22 543 000	21 880 000	18 250 000
Net Income	2 771 000	916 000	−1 225 000	−31 189 000
Total Assets	109 479 000	126 412 000	142 794 000	137 160 000
Total Equity	46 881 000	34 985 000	16 772 000	17 997 000

Income (USD)	2022	2021	2020	2019
Revenue	23 219 000	22 543 000	21 880 000	18 250 000
Expenditure	17 043 000	16 852 000	17 201 000	42 991 000
Operating Profit	6 177 000	5 691 000	4 680 000	−24 741 000
Financial Income	42 000	0	1 000	79 000
Financial Costs	3 443 000	4 775 000	5 906 000	6 527 000
Financial Balance	−3 401 000	−4 775 000	−5 905 000	−6 448 000
Earnings Before Tax	2 775 000	916 000	−1 225 000	−31 189 000
Tax	5 000	0	0	0
Net Income	2 771 000	916 000	−1 225 000	−31 189 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	104 212 000	121 093 000	137 958 000	120 000 000
Total Current Assets	5 267 000	5 320 000	4 836 000	17 161 000
Total Assets	109 479 000	126 412 000	142 794 000	137 160 000
Total Retained Equity	−5 410 000	−8 180 000	−9 096 000	−7 871 000
Total Equity	46 881 000	34 985 000	16 772 000	17 997 000
Total Long-Term Debt	30 888 000	61 012 000	98 666 000	107 048 000
Total Current Debt	31 710 000	30 415 000	27 357 000	12 115 000
Total Equity and Debt	109 479 000	126 412 000	142 794 000	137 160 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	23 219 000	22 543 000	21 880 000	18 250 000
Other Income	0	0	0	0
Revenue	23 219 000	22 543 000	21 880 000	18 250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 881 000	16 866 000	17 032 000	10 088 000
Impairment	0	0	0	32 837 000
Expenditure	17 043 000	16 852 000	17 201 000	42 991 000
Operating Profit	6 177 000	5 691 000	4 680 000	−24 741 000
Financial Income	42 000	0	1 000	79 000
Financial Costs	3 443 000	4 775 000	5 906 000	6 527 000
Financial Balance	−3 401 000	−4 775 000	−5 905 000	−6 448 000
Dividends	0	0	0	0
Net Income	2 771 000	916 000	−1 225 000	−31 189 000

Balance details (USD)	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	13 996 000	20 994 000	27 992 000	0
Total Tangible Assets	104 212 000	121 093 000	137 958 000	120 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	104 212 000	121 093 000	137 958 000	120 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 285 000	5 312 000	4 834 000	17 030 000
Total Current Assets	5 267 000	5 320 000	4 836 000	17 161 000
Total Assets	109 479 000	126 412 000	142 794 000	137 160 000
Total Equity	46 881 000	34 985 000	16 772 000	17 997 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 888 000	61 012 000	98 666 000	107 048 000
Creditors	0	0	125 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 706 000	10 127 000	13 232 000	276 000
Total Current Debt	31 710 000	30 415 000	27 357 000	12 115 000
Total Equity and Debt	109 479 000	126 412 000	142 794 000	137 160 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,91 %	2,62 %	−7,3 %	−173,3 %
Debt-to-Equity Ratio	0,66	1,74	5,88	5,95
Operating Profit Margin	26,6 %	25,25 %	21,39 %	−135,57 %
Current Ratio	0,17	0,17	0,18	1,42
Quick Ratio	0,17	0,17	0,18	1,42
Equity Ratio	0,43	0,28	0,12	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %