OCEAN SERVICES AS

4032 STAVANGER

Finances

Share Ownership

Return on Equity

64,95 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 650 000	14 150 000	41 364 000	17 700 000
Net Income	10 042 000	8 117 000	15 035 000	8 815 000
Total Assets	55 795 000	55 878 000	57 454 000	34 654 000
Total Equity	15 462 000	16 833 000	21 090 000	16 352 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 650 000	14 150 000	41 364 000	17 700 000
Expenditure	2 687 000	4 527 000	22 096 000	6 732 000
Operating Profit	9 963 000	9 623 000	19 267 000	10 968 000
Financial Income	2 947 000	1 255 000	1 425 000	628 000
Financial Costs	30 000	461 000	1 403 000	291 000
Financial Balance	2 917 000	794 000	22 000	337 000
Earnings Before Tax	12 880 000	10 417 000	19 289 000	11 305 000
Tax	2 839 000	2 300 000	4 255 000	2 490 000
Net Income	10 042 000	8 117 000	15 035 000	8 815 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 141 000	25 703 000	11 222 000	1 002 000
Total Current Assets	29 654 000	30 175 000	46 232 000	33 653 000
Total Assets	55 795 000	55 878 000	57 454 000	34 654 000
Total Retained Equity	6 531 000	7 902 000	12 160 000	7 421 000
Total Equity	15 462 000	16 833 000	21 090 000	16 352 000
Total Long-Term Debt	0	0	6 000	27 000
Total Current Debt	40 334 000	39 045 000	36 358 000	18 275 000
Total Equity and Debt	55 795 000	55 878 000	57 454 000	34 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 650 000	14 150 000	41 364 000	17 700 000
Other Income	0	0	0	0
Revenue	12 650 000	14 150 000	41 364 000	17 700 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 882 000	1 867 000	1 937 000	1 815 000
Depreciation	263 000	263 000	271 000	276 000
Impairment	0	0	0	0
Expenditure	2 687 000	4 527 000	22 096 000	6 732 000
Operating Profit	9 963 000	9 623 000	19 267 000	10 968 000
Financial Income	2 947 000	1 255 000	1 425 000	628 000
Financial Costs	30 000	461 000	1 403 000	291 000
Financial Balance	2 917 000	794 000	22 000	337 000
Dividends	9 000 000	9 000 000	10 000 000	9 556 000
Net Income	10 042 000	8 117 000	15 035 000	8 815 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	22 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	176 000	438 000	701 000	972 000
Total Tangible Assets	176 000	438 000	701 000	972 000
Total Fiancial Fixed Assets	25 910 000	25 243 000	10 521 000	30 000
Total Fixed Assets	26 141 000	25 703 000	11 222 000	1 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 609 000	27 129 000	32 541 000	26 462 000
Total Current Assets	29 654 000	30 175 000	46 232 000	33 653 000
Total Assets	55 795 000	55 878 000	57 454 000	34 654 000
Total Equity	15 462 000	16 833 000	21 090 000	16 352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	27 000
Creditors	0	0	443 000	478 000
Unpaid Taxes	649 000	1 282 000	535 000	682 000
Dividends	9 000 000	9 000 000	10 000 000	9 556 000
Other Current Debt	28 493 000	26 989 000	21 186 000	5 173 000
Total Current Debt	40 334 000	39 045 000	36 358 000	18 275 000
Total Equity and Debt	55 795 000	55 878 000	57 454 000	34 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,95 %	48,22 %	71,29 %	53,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	78,76 %	68,01 %	46,58 %	61,97 %
Current Ratio	0,74	0,77	1,27	1,84
Quick Ratio	0,74	0,77	1,27	1,84
Equity Ratio	0,28	0,3	0,37	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %