OCEAN INSTALLER AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−9,89 %

Current Ratio

1,92

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 349 295 000	2 152 493 000	2 339 766 000	676 747 000
Net Income	−46 983 000	64 071 000	33 709 000	−27 991 000
Total Assets	2 133 782 000	1 382 671 000	1 219 648 000	1 018 315 000
Total Equity	475 272 000	−3 944 000	−73 339 000	−117 890 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 349 295 000	2 152 493 000	2 339 766 000	676 747 000
Expenditure	2 269 668 000	2 007 287 000	2 244 953 000	727 166 000
Operating Profit	79 628 000	145 206 000	94 814 000	−50 420 000
Financial Income	1 425 000	−1 240 000	8 421 000	13 375 000
Financial Costs	73 063 000	52 282 000	55 986 000	−354 000
Financial Balance	−71 638 000	−53 522 000	−47 565 000	13 729 000
Earnings Before Tax	7 989 000	91 684 000	47 249 000	−36 691 000
Tax	54 973 000	27 613 000	13 540 000	−8 700 000
Net Income	−46 983 000	64 071 000	33 709 000	−27 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 020 146 000	309 975 000	276 683 000	359 098 000
Total Current Assets	1 113 636 000	1 072 697 000	942 965 000	659 217 000
Total Assets	2 133 782 000	1 382 671 000	1 219 648 000	1 018 315 000
Total Retained Equity	−340 120 000	−293 136 000	−357 207 000	−390 916 000
Total Equity	475 272 000	−3 944 000	−73 339 000	−117 890 000
Total Long-Term Debt	1 079 758 000	259 334 000	215 539 000	280 832 000
Total Current Debt	578 752 000	1 127 281 000	1 077 448 000	855 373 000
Total Equity and Debt	2 133 782 000	1 382 671 000	1 219 648 000	1 018 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 349 295 000	2 152 493 000	2 339 766 000	676 747 000
Other Income	0	0	0	0
Revenue	2 349 295 000	2 152 493 000	2 339 766 000	676 747 000
Cost of Goods Sold	1 359 717 000	1 423 999 000	1 559 569 000	423 142 000
Salary Costs	271 452 000	212 107 000	174 746 000	126 931 000
Depreciation	549 794 000	333 848 000	430 597 000	137 753 000
Impairment	0	0	0	0
Expenditure	2 269 668 000	2 007 287 000	2 244 953 000	727 166 000
Operating Profit	79 628 000	145 206 000	94 814 000	−50 420 000
Financial Income	1 425 000	−1 240 000	8 421 000	13 375 000
Financial Costs	73 063 000	52 282 000	55 986 000	−354 000
Financial Balance	−71 638 000	−53 522 000	−47 565 000	13 729 000
Dividends	0	0	0	0
Net Income	−46 983 000	64 071 000	33 709 000	−27 991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	28 298 000	37 146 000	50 359 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 020 146 000	281 677 000	360 337 000	429 824 000
Total Fiancial Fixed Assets	0	0	−120 799 000	−121 086 000
Total Fixed Assets	1 020 146 000	309 975 000	276 683 000	359 098 000
Stock	27 614 000	24 143 000	30 187 000	30 187 000
Total Investments	0	0	0	0
Cash, Bank	86 000	0	75 004 000	0
Total Current Assets	1 113 636 000	1 072 697 000	942 965 000	659 217 000
Total Assets	2 133 782 000	1 382 671 000	1 219 648 000	1 018 315 000
Total Equity	475 272 000	−3 944 000	−73 339 000	−117 890 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 079 758 000	259 334 000	215 539 000	280 832 000
Creditors	376 009 000	739 639 000	645 872 000	360 138 000
Unpaid Taxes	−648 000	6 671 000	4 625 000	−718 000
Dividends	0	0	0	0
Other Current Debt	203 391 000	380 971 000	426 951 000	495 953 000
Total Current Debt	578 752 000	1 127 281 000	1 077 448 000	855 373 000
Total Equity and Debt	2 133 782 000	1 382 671 000	1 219 648 000	1 018 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,89 %	−1 624,52 %	−45,96 %	23,74 %
Debt-to-Equity Ratio	2,27	−65,75	−2,94	−2,38
Operating Profit Margin	3,39 %	6,75 %	4,05 %	−7,45 %
Current Ratio	1,92	0,95	0,88	0,77
Quick Ratio	2,02	0,97	0,9	0,8
Equity Ratio	0,22	−0	−0,06	−0,12
Gross Profit Margin	42,12 %	33,84 %	33,35 %	37,47 %