OCEAN INDUSTRIES SERVICES AS

5955 LINDÅS

Finances

Share Ownership

Return on Equity

92,99 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 489 000	17 688 000	23 596 000	21 051 000
Net Income	3 198 000	3 381 000	4 218 000	5 026 000
Total Assets	8 298 000	8 387 000	11 457 000	11 820 000
Total Equity	3 439 000	2 241 000	6 860 000	2 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 489 000	17 688 000	23 596 000	21 051 000
Expenditure	11 387 000	13 344 000	17 695 000	14 648 000
Operating Profit	4 103 000	4 343 000	5 902 000	6 402 000
Financial Income	9 000	7 000	27 000	62 000
Financial Costs	6 000	15 000	21 000	1 000
Financial Balance	3 000	−8 000	6 000	61 000
Earnings Before Tax	4 106 000	4 335 000	5 908 000	6 463 000
Tax	908 000	954 000	1 690 000	1 437 000
Net Income	3 198 000	3 381 000	4 218 000	5 026 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 268 000	889 000	1 192 000	1 004 000
Total Current Assets	7 030 000	7 499 000	10 266 000	10 816 000
Total Assets	8 298 000	8 387 000	11 457 000	11 820 000
Total Retained Equity	2 732 000	1 534 000	6 153 000	1 935 000
Total Equity	3 439 000	2 241 000	6 860 000	2 642 000
Total Long-Term Debt	500 000	500 000	500 000	500 000
Total Current Debt	4 359 000	5 646 000	4 097 000	8 678 000
Total Equity and Debt	8 298 000	8 387 000	11 457 000	11 820 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 391 000	17 657 000	22 294 000	20 629 000
Other Income	98 000	30 000	1 302 000	422 000
Revenue	15 489 000	17 688 000	23 596 000	21 051 000
Cost of Goods Sold	6 368 000	8 361 000	13 115 000	9 003 000
Salary Costs	3 031 000	3 342 000	2 914 000	3 772 000
Depreciation	274 000	315 000	295 000	244 000
Impairment	0	0	0	0
Expenditure	11 387 000	13 344 000	17 695 000	14 648 000
Operating Profit	4 103 000	4 343 000	5 902 000	6 402 000
Financial Income	9 000	7 000	27 000	62 000
Financial Costs	6 000	15 000	21 000	1 000
Financial Balance	3 000	−8 000	6 000	61 000
Dividends	2 000 000	8 000 000	0	0
Net Income	3 198 000	3 381 000	4 218 000	5 026 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	124 000	129 000	105 000	97 000
Real Eastate	147 000	177 000	208 000	238 000
Machinery and Plant Facilities	389 000	513 000	641 000	377 000
Fixtures	608 000	70 000	187 000	243 000
Total Tangible Assets	1 144 000	760 000	1 036 000	857 000
Total Fiancial Fixed Assets	0	0	51 000	50 000
Total Fixed Assets	1 268 000	889 000	1 192 000	1 004 000
Stock	372 000	0	0	1 441 000
Total Investments	0	0	0	0
Cash, Bank	4 376 000	3 919 000	6 977 000	4 966 000
Total Current Assets	7 030 000	7 499 000	10 266 000	10 816 000
Total Assets	8 298 000	8 387 000	11 457 000	11 820 000
Total Equity	3 439 000	2 241 000	6 860 000	2 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	500 000	500 000
Creditors	721 000	828 000	1 727 000	2 308 000
Unpaid Taxes	191 000	320 000	209 000	164 000
Dividends	2 000 000	8 000 000	0	0
Other Current Debt	543 000	521 000	852 000	1 146 000
Total Current Debt	4 359 000	5 646 000	4 097 000	8 678 000
Total Equity and Debt	8 298 000	8 387 000	11 457 000	11 820 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,99 %	150,87 %	61,49 %	190,23 %
Debt-to-Equity Ratio	0,15	0,22	0,07	0,19
Operating Profit Margin	26,49 %	24,55 %	25,01 %	30,41 %
Current Ratio	1,61	1,33	2,51	1,25
Quick Ratio	1,76	1,33	2,51	1,49
Equity Ratio	0,41	0,27	0,6	0,22
Gross Profit Margin	58,89 %	52,73 %	44,42 %	57,23 %