CROSSOCEAN AS

5098 BERGEN

Finances

Share Ownership

Return on Equity

252,24 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 374 000	1 029 000	1 203 000	1 278 000
Net Income	169 000	14 000	415 000	12 000
Total Assets	530 000	508 000	811 000	341 000
Total Equity	67 000	−102 000	−116 000	−531 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 374 000	1 029 000	1 203 000	1 278 000
Expenditure	1 193 000	1 023 000	669 000	1 250 000
Operating Profit	182 000	6 000	534 000	28 000
Financial Income	37 000	16 000	18 000	81 000
Financial Costs	0	6 000	15 000	91 000
Financial Balance	37 000	10 000	3 000	−10 000
Earnings Before Tax	218 000	16 000	537 000	18 000
Tax	50 000	2 000	122 000	6 000
Net Income	169 000	14 000	415 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	30 000	30 000	30 000
Total Current Assets	516 000	478 000	781 000	311 000
Total Assets	530 000	508 000	811 000	341 000
Total Retained Equity	−33 000	−202 000	−216 000	−631 000
Total Equity	67 000	−102 000	−116 000	−531 000
Total Long-Term Debt	0	0	0	12 000
Total Current Debt	463 000	610 000	927 000	860 000
Total Equity and Debt	530 000	508 000	811 000	341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 374 000	1 029 000	1 203 000	1 278 000
Other Income	0	0	0	0
Revenue	1 374 000	1 029 000	1 203 000	1 278 000
Cost of Goods Sold	19 000	10 000	76 000	0
Salary Costs	838 000	858 000	397 000	1 030 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 193 000	1 023 000	669 000	1 250 000
Operating Profit	182 000	6 000	534 000	28 000
Financial Income	37 000	16 000	18 000	81 000
Financial Costs	0	6 000	15 000	91 000
Financial Balance	37 000	10 000	3 000	−10 000
Dividends	0	0	0	0
Net Income	169 000	14 000	415 000	12 000

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	14 000	0	0	0
Total Tangible Assets	14 000	0	0	0
Total Fiancial Fixed Assets	0	30 000	30 000	30 000
Total Fixed Assets	14 000	30 000	30 000	30 000
Stock	0	0	0	0
Total Investments	0	0	64 000	0
Cash, Bank	339 000	473 000	717 000	311 000
Total Current Assets	516 000	478 000	781 000	311 000
Total Assets	530 000	508 000	811 000	341 000
Total Equity	67 000	−102 000	−116 000	−531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	12 000
Creditors	3 000	8 000	18 000	0
Unpaid Taxes	226 000	127 000	95 000	152 000
Dividends	0	0	0	0
Other Current Debt	184 000	473 000	692 000	703 000
Total Current Debt	463 000	610 000	927 000	860 000
Total Equity and Debt	530 000	508 000	811 000	341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	252,24 %	−13,73 %	−357,76 %	−2,26 %
Debt-to-Equity Ratio	0	−0	−0	−0,02
Operating Profit Margin	13,25 %	0,58 %	44,39 %	2,19 %
Current Ratio	1,11	0,78	0,84	0,36
Quick Ratio	1,11	0,78	0,84	0,36
Equity Ratio	0,13	−0,2	−0,14	−1,56
Gross Profit Margin	98,62 %	99,03 %	93,68 %	100 %