7OCEAN AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−834,55 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 856 000	28 094 000	18 722 000	25 245 000
Net Income	−459 000	3 499 000	19 000	3 454 000
Total Assets	4 934 000	12 159 000	5 272 000	11 073 000
Total Equity	55 000	1 244 000	236 000	3 717 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 856 000	28 094 000	18 722 000	25 245 000
Expenditure	14 291 000	23 580 000	18 635 000	21 101 000
Operating Profit	−435 000	4 514 000	88 000	4 145 000
Financial Income	7 000	4 000	17 000	20 000
Financial Costs	35 000	41 000	71 000	19 000
Financial Balance	−28 000	−37 000	−54 000	1 000
Earnings Before Tax	−463 000	4 477 000	34 000	4 146 000
Tax	−5 000	979 000	14 000	692 000
Net Income	−459 000	3 499 000	19 000	3 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 934 000	12 159 000	5 272 000	11 073 000
Total Assets	4 934 000	12 159 000	5 272 000	11 073 000
Total Retained Equity	−106 000	1 083 000	76 000	3 056 000
Total Equity	55 000	1 244 000	236 000	3 717 000
Total Long-Term Debt	0	5 000	0	26 000
Total Current Debt	4 879 000	10 911 000	5 035 000	7 330 000
Total Equity and Debt	4 934 000	12 159 000	5 272 000	11 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 856 000	28 094 000	18 657 000	25 245 000
Other Income	0	0	65 000	0
Revenue	13 856 000	28 094 000	18 722 000	25 245 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	12 070 000	21 058 000	16 383 000	19 458 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	14 291 000	23 580 000	18 635 000	21 101 000
Operating Profit	−435 000	4 514 000	88 000	4 145 000
Financial Income	7 000	4 000	17 000	20 000
Financial Costs	35 000	41 000	71 000	19 000
Financial Balance	−28 000	−37 000	−54 000	1 000
Dividends	0	0	3 500 000	980 000
Net Income	−459 000	3 499 000	19 000	3 454 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 951 000	5 766 000	2 703 000	2 483 000
Total Current Assets	4 934 000	12 159 000	5 272 000	11 073 000
Total Assets	4 934 000	12 159 000	5 272 000	11 073 000
Total Equity	55 000	1 244 000	236 000	3 717 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	26 000
Creditors	235 000	112 000	29 000	113 000
Unpaid Taxes	1 079 000	2 359 000	1 391 000	1 915 000
Dividends	0	0	3 500 000	980 000
Other Current Debt	3 565 000	4 841 000	3 574 000	3 412 000
Total Current Debt	4 879 000	10 911 000	5 035 000	7 330 000
Total Equity and Debt	4 934 000	12 159 000	5 272 000	11 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−834,55 %	281,27 %	8,05 %	92,92 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−3,14 %	16,07 %	0,47 %	16,42 %
Current Ratio	1,01	1,11	1,05	1,51
Quick Ratio	1,01	1,11	1,05	1,51
Equity Ratio	0,01	0,1	0,04	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %