OCEANTEAM ASA financials

OCEANTEAM ASA

Country: NO Reporting currency: USD Latest annual report: 2023-12-31
LEI: 213800AVDTP5HXHL3548
Source filing ↗
Financial statements (USD, as reported — unscaled; 81 line items across 2 annual periods)
Line item 20232022
Income statement
Operating expenses $1.1M$984.0K
Employee benefits expense $572.0K$589.0K
Depreciation & amortisation $2.0K$1.0K
Operating profit (EBIT) -$1.0M-$924.0K
Net finance income / (cost) $198.0K-$285.0K
Profit before tax -$802.0K-$1.2M
Income tax expense $0$0
Profit for the year -$1.3M-$8.2M
— attributable to owners -$1.3M-$8.2M
— attributable to NCI -$40.0K-$83.0K
Total comprehensive income -$1.3M-$8.2M
Per share
Basic EPS $-0.04$-0.24
Diluted EPS $-0.04$-0.24
Free cash flow / share $-0.03$-0.00
Cash flow statement
Net cash from operating activities -$962.0K-$123.0K
Income taxes paid $0$0
Net cash from investing activities $5.5M-$5.0K
Net cash from financing activities -$3.0M$0
Balance sheet
Total assets $2.9M$9.5M
Non-current assets $7.0K$9.0K
Property, plant & equipment $7.0K$9.0K
Current assets $2.9M$9.5M
Trade & other receivables $48.0K$37.0K
Cash & equivalents $2.8M$1.5M
Total equity $2.5M$4.9M
— attributable to owners $2.5M$3.7M
Non-controlling interests $0$1.1M
Current liabilities $410.0K$4.6M
Short-term borrowings $0$3.0M
Derived metrics
Free cash flow -$962.0K-$128.0K
Operating margin -1666.7%-1540.0%
Net margin -2203.3%-13740.0%
Return on equity -53.6%-168.8%
Cash conversion ratio 0.73×0.01×
Capex coverage -24.60×
Other reported items
Adjustments For Decrease Increase In Other Operating Receivables $7.0K-$1.0K
Adjustments For Decrease Increase In Trade Account Receivable -$12.0K$78.0K
Adjustments For Depreciation and Amortisation Expense $2.0K$1.0K
Adjustments For Finance Income Cost -$198.0K$285.0K
Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment $0$0
Adjustments For Increase Decrease In Other Operating Payables $82.0K-$108.0K
Adjustments For Increase Decrease In Trade Account Payable -$23.0K-$12.0K
Cash and Cash Equivalents Classified As Part of Disposal Group Held For Sale -$53.0K
Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities $5.5M$0
Cash Flows From Used In Financing Activities Discontinued Operations $0$0
Cash Flows From Used In Investing Activities Discontinued Operations $6.0K$33.0K
Cash Flows From Used In Operating Activities Discontinued Operations -$220.0K-$1.1M
Cash Repayments of Advances and Loans From Related Parties $3.0M$0
Comprehensive Income Attributable To Noncontrolling Interests -$40.0K-$83.0K
Comprehensive Income Attributable To Owners of Parent -$1.3M-$8.2M
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners $0$6.7M
Dividends Recognised As Distributions To Noncontrolling Interests -$1.1M
Equity and Liabilities $2.9M$9.5M
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss $111.0K-$86.0K
General and Administrative Expense $485.0K$394.0K
Impairment Loss Recognised In Profit Or Loss Property Plant and Equipment $0$0
Increase Decrease In Cash and Cash Equivalents $1.3M-$1.2M
Increase Decrease In Cash and Cash Equivalents Discontinued Operations -$213.0K-$1.1M
Increase Decrease Through Disposal of Subsidiary $12.0K
Interest Paid Classified As Operating Activities $115.0K$210.0K
Interest Received Classified As Operating Activities $97.0K$13.0K
Issued Capital $25.4M$25.4M
Liabilities $410.0K$4.6M
Liabilities Included In Disposal Groups Classified As Held For Sale $0$1.2M
Other Comprehensive Income $0$0
Other Current Liabilities $373.0K$317.0K
Other Current Receivables $27.0K$1.2M
Other Expense By Nature $0$0
Other Finance Cost $9.0K$213.0K
Other Finance Income $97.0K$13.0K
Profit Loss From Continuing Operations -$802.0K-$1.2M
Profit Loss From Discontinued Operations -$520.0K-$7.0M
Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets $0$5.0K
Retained Earnings -$24.1M-$22.8M
Revenue and Operating Income $60.0K$60.0K
Revenue From Contracts With Customers $60.0K$60.0K
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method $0$0
Share Premium $1.3M$1.3M
Trade and Other Current Payables To Trade Suppliers $10.0K$71.0K
Treasury Shares $128.0K$128.0K
Weighted Average Shares 34.2M34.2M
Methodology

Every line item above is a fact tagged in OCEANTEAM ASA's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.