OCEAN INSTALLER EQUIPMENT AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

23,78 %

Current Ratio

0,02

Debt-to-Equity Ratio

−0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 240 000	27 380 000	35 406 000	51 974 000
Net Income	−2 450 000	−2 835 000	−487 000	−1 644 000
Total Assets	159 243 000	171 214 000	187 884 000	160 235 000
Total Equity	−10 303 000	−8 463 000	−5 627 000	−5 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 240 000	27 380 000	35 406 000	51 974 000
Expenditure	16 746 000	22 328 000	29 483 000	48 903 000
Operating Profit	5 494 000	5 051 000	5 923 000	3 071 000
Financial Income	2 094 000	1 000	8 000	17 000
Financial Costs	12 852 000	6 716 000	6 555 000	5 519 000
Financial Balance	−10 758 000	−6 715 000	−6 547 000	−5 502 000
Earnings Before Tax	−5 265 000	−1 664 000	−624 000	−2 431 000
Tax	−2 814 000	1 171 000	−137 000	−787 000
Net Income	−2 450 000	−2 835 000	−487 000	−1 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 482 000	168 359 000	184 864 000	155 681 000
Total Current Assets	3 761 000	2 855 000	3 020 000	4 554 000
Total Assets	159 243 000	171 214 000	187 884 000	160 235 000
Total Retained Equity	−21 164 000	−18 713 000	−15 878 000	−15 391 000
Total Equity	−10 303 000	−8 463 000	−5 627 000	−5 141 000
Total Long-Term Debt	878 000	3 520 000	2 349 000	2 487 000
Total Current Debt	168 668 000	176 156 000	191 162 000	162 889 000
Total Equity and Debt	159 243 000	171 214 000	187 884 000	160 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 240 000	27 380 000	35 406 000	51 974 000
Other Income	0	0	0	0
Revenue	22 240 000	27 380 000	35 406 000	51 974 000
Cost of Goods Sold	1 057 000	1 892 000	1 789 000	20 003 000
Salary Costs	0	0	0	0
Depreciation	12 877 000	17 726 000	25 074 000	26 610 000
Impairment	0	0	0	0
Expenditure	16 746 000	22 328 000	29 483 000	48 903 000
Operating Profit	5 494 000	5 051 000	5 923 000	3 071 000
Financial Income	2 094 000	1 000	8 000	17 000
Financial Costs	12 852 000	6 716 000	6 555 000	5 519 000
Financial Balance	−10 758 000	−6 715 000	−6 547 000	−5 502 000
Dividends	0	0	0	0
Net Income	−2 450 000	−2 835 000	−487 000	−1 644 000

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	155 482 000	168 359 000	184 864 000	155 681 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	155 482 000	168 359 000	184 864 000	155 681 000
Stock	640 000	640 000	640 000	640 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	3 761 000	2 855 000	3 020 000	4 554 000
Total Assets	159 243 000	171 214 000	187 884 000	160 235 000
Total Equity	−10 303 000	−8 463 000	−5 627 000	−5 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	878 000	3 520 000	2 349 000	2 487 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	168 668 000	176 156 000	191 162 000	162 889 000
Total Current Debt	168 668 000	176 156 000	191 162 000	162 889 000
Total Equity and Debt	159 243 000	171 214 000	187 884 000	160 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,78 %	33,5 %	8,65 %	31,98 %
Debt-to-Equity Ratio	−0,09	−0,42	−0,42	−0,48
Operating Profit Margin	24,7 %	18,45 %	16,73 %	5,91 %
Current Ratio	0,02	0,02	0,02	0,03
Quick Ratio	0,02	0,02	0,02	0,03
Equity Ratio	−0,06	−0,05	−0,03	−0,03
Gross Profit Margin	95,25 %	93,09 %	94,95 %	61,51 %