OCEAN ENERGY AS

6240 ØRSKOG

Finances

Return on Equity

28,01 %

Current Ratio

1 586

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 943 000	4 995 000	4 723 000	1 028 000
Net Income	9 360 000	222 000	2 711 000	−12 062 000
Total Assets	33 441 000	18 895 000	12 691 000	9 865 000
Total Equity	33 420 000	18 778 000	13 162 000	7 726 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 943 000	4 995 000	4 723 000	1 028 000
Expenditure	5 638 000	4 561 000	2 302 000	4 527 000
Operating Profit	13 305 000	435 000	2 422 000	−3 499 000
Financial Income	0	19 000	819 000	0
Financial Costs	3 945 000	232 000	530 000	8 564 000
Financial Balance	−3 945 000	−213 000	289 000	−8 564 000
Earnings Before Tax	9 360 000	222 000	2 711 000	−12 062 000
Tax	0	0	0	0
Net Income	9 360 000	222 000	2 711 000	−12 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	3 766 000	4 798 000	5 324 000
Total Current Assets	33 306 000	15 130 000	7 893 000	4 540 000
Total Assets	33 441 000	18 895 000	12 691 000	9 865 000
Total Retained Equity	−24 465 000	−33 825 000	−34 040 000	−36 732 000
Total Equity	33 420 000	18 778 000	13 162 000	7 726 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 000	117 000	−472 000	2 139 000
Total Equity and Debt	33 441 000	18 895 000	12 691 000	9 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 201 000	4 995 000	1 214 000	398 000
Other Income	16 743 000	0	3 509 000	630 000
Revenue	18 943 000	4 995 000	4 723 000	1 028 000
Cost of Goods Sold	14 000	13 000	0	0
Salary Costs	192 000	137 000	97 000	−88 000
Depreciation	0	41 000	262 000	210 000
Impairment	0	0	0	0
Expenditure	5 638 000	4 561 000	2 302 000	4 527 000
Operating Profit	13 305 000	435 000	2 422 000	−3 499 000
Financial Income	0	19 000	819 000	0
Financial Costs	3 945 000	232 000	530 000	8 564 000
Financial Balance	−3 945 000	−213 000	289 000	−8 564 000
Dividends	0	0	0	0
Net Income	9 360 000	222 000	2 711 000	−12 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	22 000	28 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	154 000	128 000	630 000
Total Tangible Assets	64 000	154 000	128 000	630 000
Total Fiancial Fixed Assets	0	3 590 000	4 643 000	4 642 000
Total Fixed Assets	134 000	3 766 000	4 798 000	5 324 000
Stock	0	0	0	0
Total Investments	0	42 000	1 229 000	0
Cash, Bank	421 000	859 000	15 000	290 000
Total Current Assets	33 306 000	15 130 000	7 893 000	4 540 000
Total Assets	33 441 000	18 895 000	12 691 000	9 865 000
Total Equity	33 420 000	18 778 000	13 162 000	7 726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	8 000	25 000	77 000
Unpaid Taxes	17 000	49 000	35 000	36 000
Dividends	0	0	0	0
Other Current Debt	4 000	60 000	−531 000	2 027 000
Total Current Debt	21 000	117 000	−472 000	2 139 000
Total Equity and Debt	33 441 000	18 895 000	12 691 000	9 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,01 %	1,18 %	20,6 %	−156,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70,24 %	8,71 %	51,28 %	−340,37 %
Current Ratio	1 586	129,32	−16,72	2,12
Quick Ratio	1 586	129,32	−16,72	2,12
Equity Ratio	1	0,99	1,04	0,78
Gross Profit Margin	99,93 %	99,74 %	100 %	100 %