Oceanteam ASA reports full year 2022 results

The financial year 2022 was another transitional year for Oceanteam with the sale of the Oceanteam Solutions segment that was finalised in January 2023. Including the earlier divestment of the Oceanteam Shipping segment, Oceanteam has now divested all its loss-making business segments.
The operations relating to Oceanteam Shipping and Oceanteam Solutions are presented under discontinued operations in the consolidated income statement.
The loss from continuing operations has decreased from USD 1.5 million in 2021 to USD 1.2 million in 2022. The total loss has increased from USD 3.2 million in 2021 to USD 8.2 million in 2022 due to the increased loss from discontinued operations.
For further information about Oceanteam ASA please visit www.oceanteam.no or contact:
Michael Timson
CEO
Oceanteam ASA
Telephone: +47 55 10 82 40
E-mail: info@oceanteam.no
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