NORDIC MARINE SOLUTIONS AS

0158 OSLO

Finances

Return on Equity

−2,41 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 866 000	37 112 000	31 859 000	30 850 000
Net Income	−316 000	1 965 000	294 000	1 685 000
Total Assets	20 087 000	21 872 000	17 769 000	17 495 000
Total Equity	13 127 000	13 443 000	11 478 000	11 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 866 000	37 112 000	31 859 000	30 850 000
Expenditure	34 354 000	34 589 000	31 554 000	28 792 000
Operating Profit	−488 000	2 524 000	305 000	2 058 000
Financial Income	119 000	63 000	120 000	107 000
Financial Costs	31 000	68 000	47 000	14 000
Financial Balance	88 000	−5 000	73 000	93 000
Earnings Before Tax	−400 000	2 519 000	378 000	2 151 000
Tax	−84 000	554 000	84 000	467 000
Net Income	−316 000	1 965 000	294 000	1 685 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 432 000	3 862 000	4 158 000	4 046 000
Total Current Assets	14 654 000	18 010 000	13 611 000	13 449 000
Total Assets	20 087 000	21 872 000	17 769 000	17 495 000
Total Retained Equity	13 027 000	13 343 000	11 378 000	11 084 000
Total Equity	13 127 000	13 443 000	11 478 000	11 184 000
Total Long-Term Debt	201 000	285 000	328 000	322 000
Total Current Debt	6 759 000	8 144 000	5 963 000	5 989 000
Total Equity and Debt	20 087 000	21 872 000	17 769 000	17 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 637 000	37 062 000	31 836 000	30 846 000
Other Income	229 000	51 000	24 000	4 000
Revenue	33 866 000	37 112 000	31 859 000	30 850 000
Cost of Goods Sold	2 076 000	3 201 000	2 149 000	2 113 000
Salary Costs	26 475 000	25 648 000	24 201 000	21 754 000
Depreciation	846 000	880 000	841 000	755 000
Impairment	0	0	0	0
Expenditure	34 354 000	34 589 000	31 554 000	28 792 000
Operating Profit	−488 000	2 524 000	305 000	2 058 000
Financial Income	119 000	63 000	120 000	107 000
Financial Costs	31 000	68 000	47 000	14 000
Financial Balance	88 000	−5 000	73 000	93 000
Dividends	0	0	0	0
Net Income	−316 000	1 965 000	294 000	1 685 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	342 000	301 000	550 000	717 000
Fixtures	2 046 000	1 589 000	1 673 000	1 595 000
Total Tangible Assets	2 389 000	1 890 000	2 224 000	2 312 000
Total Fiancial Fixed Assets	3 043 000	1 971 000	1 935 000	1 730 000
Total Fixed Assets	5 432 000	3 862 000	4 158 000	4 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 567 000	12 757 000	9 136 000	9 342 000
Total Current Assets	14 654 000	18 010 000	13 611 000	13 449 000
Total Assets	20 087 000	21 872 000	17 769 000	17 495 000
Total Equity	13 127 000	13 443 000	11 478 000	11 184 000
Short-Term Group Debt	94 000	95 000	102 000	110 000
Total Long-Term Debt	201 000	285 000	328 000	322 000
Creditors	213 000	702 000	145 000	470 000
Unpaid Taxes	3 424 000	3 468 000	2 760 000	2 399 000
Dividends	0	0	0	0
Other Current Debt	3 029 000	3 282 000	2 879 000	2 562 000
Total Current Debt	6 759 000	8 144 000	5 963 000	5 989 000
Total Equity and Debt	20 087 000	21 872 000	17 769 000	17 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,41 %	14,62 %	2,56 %	15,07 %
Debt-to-Equity Ratio	0,02	0,02	0,03	0,03
Operating Profit Margin	−1,44 %	6,8 %	0,96 %	6,67 %
Current Ratio	2,17	2,21	2,28	2,25
Quick Ratio	2,17	2,21	2,28	2,25
Equity Ratio	0,65	0,61	0,65	0,64
Gross Profit Margin	93,87 %	91,37 %	93,25 %	93,15 %