OCEANTECH PRODUCTION AS

0164 OSLO

Finances

Share Ownership

Return on Equity

−89,84 %

Current Ratio

1,61

Debt-to-Equity Ratio

2,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 212 000	7 962 000	7 006 000	6 286 000
Net Income	−557 000	275 000	569 000	−196 000
Total Assets	4 203 000	4 307 000	3 457 000	3 515 000
Total Equity	620 000	1 177 000	1 403 000	833 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 212 000	7 962 000	7 006 000	6 286 000
Expenditure	7 581 000	7 533 000	6 371 000	6 393 000
Operating Profit	−369 000	429 000	635 000	−107 000
Financial Income	0	0	37 000	0
Financial Costs	184 000	110 000	103 000	90 000
Financial Balance	−184 000	−110 000	−66 000	−90 000
Earnings Before Tax	−552 000	319 000	569 000	−196 000
Tax	5 000	45 000	0	0
Net Income	−557 000	275 000	569 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	615 000	899 000	1 011 000	1 424 000
Total Current Assets	3 589 000	3 408 000	2 447 000	2 092 000
Total Assets	4 203 000	4 307 000	3 457 000	3 515 000
Total Retained Equity	−383 000	175 000	0	−590 000
Total Equity	620 000	1 177 000	1 403 000	833 000
Total Long-Term Debt	1 360 000	873 000	613 000	824 000
Total Current Debt	2 223 000	2 257 000	1 442 000	1 858 000
Total Equity and Debt	4 203 000	4 307 000	3 457 000	3 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 212 000	7 962 000	7 006 000	6 171 000
Other Income	0	0	0	115 000
Revenue	7 212 000	7 962 000	7 006 000	6 286 000
Cost of Goods Sold	1 165 000	1 482 000	925 000	493 000
Salary Costs	1 428 000	1 734 000	2 062 000	2 402 000
Depreciation	181 000	192 000	184 000	203 000
Impairment	0	0	0	0
Expenditure	7 581 000	7 533 000	6 371 000	6 393 000
Operating Profit	−369 000	429 000	635 000	−107 000
Financial Income	0	0	37 000	0
Financial Costs	184 000	110 000	103 000	90 000
Financial Balance	−184 000	−110 000	−66 000	−90 000
Dividends	0	100 000	0	0
Net Income	−557 000	275 000	569 000	−196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	14 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	202 000	348 000	408 000	559 000
Total Tangible Assets	202 000	348 000	408 000	559 000
Total Fiancial Fixed Assets	403 000	537 000	603 000	864 000
Total Fixed Assets	615 000	899 000	1 011 000	1 424 000
Stock	2 815 000	2 452 000	1 993 000	1 439 000
Total Investments	0	0	0	0
Cash, Bank	1 000	37 000	14 000	1 000
Total Current Assets	3 589 000	3 408 000	2 447 000	2 092 000
Total Assets	4 203 000	4 307 000	3 457 000	3 515 000
Total Equity	620 000	1 177 000	1 403 000	833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 360 000	873 000	613 000	824 000
Creditors	695 000	646 000	150 000	427 000
Unpaid Taxes	361 000	293 000	439 000	309 000
Dividends	0	100 000	0	0
Other Current Debt	169 000	176 000	199 000	242 000
Total Current Debt	2 223 000	2 257 000	1 442 000	1 858 000
Total Equity and Debt	4 203 000	4 307 000	3 457 000	3 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,84 %	23,36 %	40,56 %	−23,53 %
Debt-to-Equity Ratio	2,19	0,74	0,44	0,99
Operating Profit Margin	−5,12 %	5,39 %	9,06 %	−1,7 %
Current Ratio	1,61	1,51	1,7	1,13
Quick Ratio	−6,06	−17,48	−4,44	4,99
Equity Ratio	0,15	0,27	0,41	0,24
Gross Profit Margin	83,85 %	81,39 %	86,8 %	92,16 %