OCEANIZE AS

7940 OTTERSØY

Finances

Return on Equity

−391,46 %

Current Ratio

0,76

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 621 000	59 968 000	35 044 000	43 241 000
Net Income	−8 248 000	252 000	2 060 000	1 529 000
Total Assets	41 070 000	28 937 000	31 236 000	19 594 000
Total Equity	2 107 000	2 355 000	3 165 000	2 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 621 000	59 968 000	35 044 000	43 241 000
Expenditure	66 642 000	59 386 000	32 078 000	40 957 000
Operating Profit	−8 021 000	582 000	2 965 000	2 285 000
Financial Income	105 000	10 000	6 000	9 000
Financial Costs	423 000	251 000	309 000	307 000
Financial Balance	−318 000	−241 000	−303 000	−298 000
Earnings Before Tax	−8 340 000	340 000	2 662 000	1 987 000
Tax	−92 000	88 000	603 000	459 000
Net Income	−8 248 000	252 000	2 060 000	1 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 836 000	9 236 000	9 237 000	4 932 000
Total Current Assets	27 234 000	19 701 000	22 000 000	14 662 000
Total Assets	41 070 000	28 937 000	31 236 000	19 594 000
Total Retained Equity	−8 678 000	−430 000	380 000	−322 000
Total Equity	2 107 000	2 355 000	3 165 000	2 463 000
Total Long-Term Debt	3 182 000	3 920 000	4 778 000	2 133 000
Total Current Debt	35 782 000	22 662 000	23 293 000	14 998 000
Total Equity and Debt	41 070 000	28 937 000	31 236 000	19 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 184 000	59 600 000	29 567 000	43 236 000
Other Income	1 436 000	368 000	5 478 000	5 000
Revenue	58 621 000	59 968 000	35 044 000	43 241 000
Cost of Goods Sold	5 421 000	10 533 000	−4 550 000	4 569 000
Salary Costs	23 156 000	16 259 000	12 314 000	13 006 000
Depreciation	1 615 000	1 806 000	820 000	756 000
Impairment	0	0	0	0
Expenditure	66 642 000	59 386 000	32 078 000	40 957 000
Operating Profit	−8 021 000	582 000	2 965 000	2 285 000
Financial Income	105 000	10 000	6 000	9 000
Financial Costs	423 000	251 000	309 000	307 000
Financial Balance	−318 000	−241 000	−303 000	−298 000
Dividends	0	0	0	0
Net Income	−8 248 000	252 000	2 060 000	1 529 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 503 000	40 000	30 000	30 000
Real Eastate	390 000	258 000	246 000	370 000
Machinery and Plant Facilities	5 808 000	5 143 000	5 813 000	1 933 000
Fixtures	0	0	750 000	763 000
Total Tangible Assets	6 198 000	5 400 000	6 808 000	3 065 000
Total Fiancial Fixed Assets	6 135 000	3 795 000	2 399 000	1 837 000
Total Fixed Assets	13 836 000	9 236 000	9 237 000	4 932 000
Stock	8 716 000	6 061 000	11 454 000	6 648 000
Total Investments	0	0	0	0
Cash, Bank	835 000	920 000	1 217 000	1 859 000
Total Current Assets	27 234 000	19 701 000	22 000 000	14 662 000
Total Assets	41 070 000	28 937 000	31 236 000	19 594 000
Total Equity	2 107 000	2 355 000	3 165 000	2 463 000
Short-Term Group Debt	18 553 000	6 886 000	13 691 000	1 996 000
Total Long-Term Debt	3 182 000	3 920 000	4 778 000	2 133 000
Creditors	7 466 000	8 005 000	4 029 000	6 678 000
Unpaid Taxes	1 126 000	1 663 000	955 000	529 000
Dividends	0	0	0	0
Other Current Debt	8 637 000	5 979 000	3 740 000	5 172 000
Total Current Debt	35 782 000	22 662 000	23 293 000	14 998 000
Total Equity and Debt	41 070 000	28 937 000	31 236 000	19 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−391,46 %	10,7 %	65,09 %	62,08 %
Debt-to-Equity Ratio	1,51	1,66	1,51	0,87
Operating Profit Margin	−13,68 %	0,97 %	8,46 %	5,28 %
Current Ratio	0,76	0,87	0,94	0,98
Quick Ratio	1,01	1,19	1,86	1,76
Equity Ratio	0,05	0,08	0,1	0,13
Gross Profit Margin	90,75 %	82,44 %	112,98 %	89,43 %