7OCEAN HOLDING AS

6010 ÅLESUND

Finances

Return on Equity

26,57 %

Current Ratio

8,03

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	929 000	3 584 000	820 000
Net Income	411 000	1 849 000	−23 000	−4 000
Total Assets	2 215 000	3 057 000	2 707 000	507 000
Total Equity	1 547 000	631 000	70 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	929 000	3 584 000	820 000
Expenditure	468 000	755 000	3 578 000	848 000
Operating Profit	−9 000	173 000	6 000	−28 000
Financial Income	420 000	2 370 000	0	0
Financial Costs	0	135 000	28 000	0
Financial Balance	420 000	2 235 000	−28 000	0
Earnings Before Tax	411 000	2 408 000	−22 000	−28 000
Tax	0	559 000	1 000	−24 000
Net Income	411 000	1 849 000	−23 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 613 000	1 970 000	2 120 000	150 000
Total Current Assets	602 000	1 087 000	587 000	357 000
Total Assets	2 215 000	3 057 000	2 707 000	507 000
Total Retained Equity	1 477 000	560 000	0	−23 000
Total Equity	1 547 000	631 000	70 000	94 000
Total Long-Term Debt	593 000	410 000	792 000	64 000
Total Current Debt	75 000	2 016 000	1 844 000	349 000
Total Equity and Debt	2 215 000	3 057 000	2 707 000	507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	458 000	1 273 000	3 240 000	820 000
Other Income	0	−344 000	344 000	0
Revenue	458 000	929 000	3 584 000	820 000
Cost of Goods Sold	0	0	5 000	0
Salary Costs	0	1 000	1 570 000	416 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	468 000	755 000	3 578 000	848 000
Operating Profit	−9 000	173 000	6 000	−28 000
Financial Income	420 000	2 370 000	0	0
Financial Costs	0	135 000	28 000	0
Financial Balance	420 000	2 235 000	−28 000	0
Dividends	0	1 288 000	0	0
Net Income	411 000	1 849 000	−23 000	−4 000

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	1 613 000	1 970 000	2 120 000	150 000
Total Fixed Assets	1 613 000	1 970 000	2 120 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	159 000	142 000	110 000
Total Current Assets	602 000	1 087 000	587 000	357 000
Total Assets	2 215 000	3 057 000	2 707 000	507 000
Total Equity	1 547 000	631 000	70 000	94 000
Short-Term Group Debt	0	0	1 160 000	0
Total Long-Term Debt	593 000	410 000	792 000	64 000
Creditors	21 000	111 000	122 000	110 000
Unpaid Taxes	0	4 000	398 000	157 000
Dividends	0	1 288 000	0	0
Other Current Debt	54 000	54 000	162 000	82 000
Total Current Debt	75 000	2 016 000	1 844 000	349 000
Total Equity and Debt	2 215 000	3 057 000	2 707 000	507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,57 %	293,03 %	−32,86 %	−4,26 %
Debt-to-Equity Ratio	0,38	0,65	11,31	0,68
Operating Profit Margin	−1,97 %	18,62 %	0,17 %	−3,41 %
Current Ratio	8,03	0,54	0,32	1,02
Quick Ratio	8,03	0,54	0,32	1,02
Equity Ratio	0,7	0,21	0,03	0,19
Gross Profit Margin	100 %	100 %	99,86 %	100 %