Global Ocean Data AS
ASDissolvedOrg 926665154Opstadveien 11C, 4331 ÅlgårdProgrammeringstjenester· NACE 62010Est. 2021 · 5 years old0 employees
Loading company…
Overview
Global Ocean Data AS is a Norwegian AS based in Ålgård, operating in the Programmeringstjenester sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 3.0m in its latest annual filing.
Revenue 2021
3M NOK
EBITDA margin
−2.2 %
Net profit 2021
-0.1M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
88.5 %
StrongAmong the 30% highest rated companies in the industry
20212021
Liquidity ratioCurrent assets ÷ Short-term debt
7.7×
Very strongAmong the 20% highest rated companies in the industry
20212021
Return on assets (ROA)Net profit ÷ Total assets × 100
-1.6 %
AverageAround the average of companies in the same industry
20212021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 3M NOK | — |
| EBITDA | -0.1M NOK | — |
| Net profit | -0.1M NOK | — |
| Total assets | 9M NOK | — |
| Equity | 8M NOK | — |
| Employees | 0 | — |
Company information
Legal name
GLOBAL OCEAN DATA AS
Org number
926665154
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
12 February 2021 · 5 years
Share capital
NOK 204,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Contact
Address
Opstadveien 11C, 4331 Ålgård
Phone
+47 92 85 72 27
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2021), Global Ocean Data AS reported revenue of NOK 3.0m. The bottom line showed a net loss of NOK 140.3k, and the EBITDA margin stood at -2.2%.
At the end of 2021, equity financed 88.5% of the balance sheet, and current assets covered short-term debt 7.7 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 |
|---|---|
| Revenue | 2,974 |
| Staff expenses | -1,017 |
| EBITDA | -66 |
| Depreciation & amort. | -24 |
| EBIT | -90 |
| Net financials | -50 |
| Profit before tax | -140 |
| Tax | -0 |
| Net profit | -140 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
NOK thousands| Item | 2021 |
|---|---|
| Total assets | 9,040 |
| Equity | 7,999 |
| Long-term debt | 0 |
| Short-term debt | 1,041 |
| Total debt | 1,041 |
Financial ratios
5-year trendEBITDA margin
-2.2 %
20212021
Equity ratio
88.5 %
StrongAmong the 30% highest rated companies in the industry
20212021
Return on equity
-1.8 %
WeakAmong the 40% lowest rated companies in the industry
20212021
Net profit margin
-4.7 %
WeakAmong the 40% lowest rated companies in the industry
20212021
Asset turnover
0.33×
AverageAround the average of companies in the same industry
20212021
Debt / equity
0.13×
StrongAmong the 30% highest rated companies in the industry
20212021
Sector performance
24 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 40% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 40% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Weak
Among the 40% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Weak
Among the 40% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioVery strong
Among the 20% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 20% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery strong
Among the 20% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityAverage
Around the average of companies in the same industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery strong
Among the 20% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 40% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtWeak
Among the 40% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 40% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverAverage
Around the average of companies in the same industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 20% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
HT Chief Executive Officer | Chief Executive Officer | 2022 |
Former (1)
EB Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SE Board of Directors | Board of Directors | 2021 |
HT Chairman | Chairman | 2022 |
Former (1)
SA Chairman | Chairman | 2021 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 1.42% | 1.42% | 2021 | |
| Company | 5% | 5% | 2021 | |
| Company | 100% | 100% | 2022 | |
| Company | 26.92% | 26.92% | 2021 |
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
Opamp Engineering As
Global Ocean Data AS (this company)Board network connections
Board members of Global Ocean Data AS also hold positions in 40 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stig Erling Bakke | Board of Directors | 16 companiesMany roles |
| Helge Trettø Olsen | Chief Executive Officer | 11 companiesMany roles |
| Elin Bakke Ree | Chief Executive Officer | 9 companiesMany roles |
| Stian Andre Wathne | Chairman | 4 companies |
Frequently asked questions
What is the Org number of Global Ocean Data AS?
Global Ocean Data AS is registered with Brønnøysundsregistrene under Org 926665154.
What is the revenue of Global Ocean Data AS?
Global Ocean Data AS reported revenue of NOK 3.0m in 2021.
Who is the CEO of Global Ocean Data AS?
Helge Trettø Olsen is the CEO of Global Ocean Data AS, in role since 2022.
Who is the chairman of Global Ocean Data AS?
Helge Trettø Olsen chairs the board of Global Ocean Data AS, in role since 2022.
Where is Global Ocean Data AS headquartered?
Global Ocean Data AS's registered address is Opstadveien 11C.