OCEAN VISUALS AS

0349 OSLO

Finances

Share Ownership

Return on Equity

65,96 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 513 000	19 000	0	617 000
Net Income	−808 000	−1 856 000	−1 562 000	−3 848 000
Total Assets	4 629 000	4 084 000	4 396 000	5 267 000
Total Equity	−1 225 000	−417 000	208 000	−1 461 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 513 000	19 000	0	617 000
Expenditure	2 117 000	1 874 000	1 566 000	4 431 000
Operating Profit	−604 000	−1 855 000	−1 567 000	−3 813 000
Financial Income	0	0	16 000	14 000
Financial Costs	204 000	1 000	12 000	48 000
Financial Balance	−204 000	−1 000	4 000	−34 000
Earnings Before Tax	−808 000	−1 856 000	−1 562 000	−3 848 000
Tax	0	0	0	0
Net Income	−808 000	−1 856 000	−1 562 000	−3 848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 043 000	3 569 000	4 348 000	5 128 000
Total Current Assets	1 586 000	515 000	47 000	139 000
Total Assets	4 629 000	4 084 000	4 396 000	5 267 000
Total Retained Equity	−9 208 000	−8 400 000	−7 271 000	−5 720 000
Total Equity	−1 225 000	−417 000	208 000	−1 461 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 854 000	4 500 000	4 188 000	6 728 000
Total Equity and Debt	4 629 000	4 084 000	4 396 000	5 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 513 000	0	0	617 000
Other Income	0	19 000	0	0
Revenue	1 513 000	19 000	0	617 000
Cost of Goods Sold	0	0	0	46 000
Salary Costs	41 000	2 000	7 000	566 000
Depreciation	526 000	779 000	779 000	785 000
Impairment	0	0	0	0
Expenditure	2 117 000	1 874 000	1 566 000	4 431 000
Operating Profit	−604 000	−1 855 000	−1 567 000	−3 813 000
Financial Income	0	0	16 000	14 000
Financial Costs	204 000	1 000	12 000	48 000
Financial Balance	−204 000	−1 000	4 000	−34 000
Dividends	0	0	0	0
Net Income	−808 000	−1 856 000	−1 562 000	−3 848 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 061 000	2 414 000	3 021 000	3 628 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	474 000	646 000	819 000	991 000
Fixtures	0	0	0	0
Total Tangible Assets	474 000	646 000	819 000	991 000
Total Fiancial Fixed Assets	509 000	509 000	509 000	509 000
Total Fixed Assets	3 043 000	3 569 000	4 348 000	5 128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	515 000	25 000	4 000
Total Current Assets	1 586 000	515 000	47 000	139 000
Total Assets	4 629 000	4 084 000	4 396 000	5 267 000
Total Equity	−1 225 000	−417 000	208 000	−1 461 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 334 000	4 146 000	3 833 000	6 512 000
Unpaid Taxes	26 000	24 000	24 000	24 000
Dividends	0	0	0	0
Other Current Debt	627 000	331 000	331 000	193 000
Total Current Debt	5 854 000	4 500 000	4 188 000	6 728 000
Total Equity and Debt	4 629 000	4 084 000	4 396 000	5 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,96 %	445,08 %	−750,96 %	263,38 %
Debt-to-Equity Ratio	−0	−0	0	−0
Operating Profit Margin	−39,92 %	−9 763,16 %	-	−617,99 %
Current Ratio	0,27	0,11	0,01	0,02
Quick Ratio	0,27	0,11	0,01	0,02
Equity Ratio	−0,26	−0,1	0,05	−0,28
Gross Profit Margin	100 %	100 %	-	92,54 %