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Investor Presentaiton

INCOME STATEMENT & BALANCE SHEET Ocean Sun Income Statement RESULT NOK thousands Balance Sheet 2019 2018 BALANCE NOK thousands Assets 2019 2018 Sales revenue 1,917 750 Research and development Other operating income 6,312 5,329 Operating equipment 36 Total operating income 8,228 6,079 Shares/investment in subsidiaries 30 Cost of good sold 8,167 3,730 Total fixed assets 66 General and administrative expenses 8 057 5 139 Other operating expenses .. Total operating expenses 3 153 19,377 2 169 Receivables Operating profit/loss (11,149) 11,038 (4,959) Bank deposits, cash etc. Net financial items 115 60 Ordinary result before taxes (11,034) (4,899) Total current assets Total assets 4,725 3,869 14,510 25,052 19,234 28,922 19,301 28,922 Tax on ordinary result Net result for the year (11,034) (4,899) Liabilities and equity Trade creditors 757 655 Public duties payable 400 583 Other short-term liabilities 3,145 1,651 Total short-term liabilities 4,303 2,890 Total long-term liabilities Total liabilities 4,303 2,890 Total equity 14,998 26,032 Total liabilities and equity 19,301 28,922 Source: Ocean Sun AS' audited financials (not consolidated) 49
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