CITY MARINE AS

1361 ØSTERÅS

Finances

Return on Equity

555,39 %

Current Ratio

0,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 550 000	359 000	0	0
Net Income	1 133 000	280 000	−18 000	−46 000
Total Assets	2 257 000	933 000	523 000	1 590 000
Total Equity	204 000	−929 000	−1 209 000	−1 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 550 000	359 000	0	0
Expenditure	96 000	28 000	18 000	40 000
Operating Profit	1 454 000	331 000	−18 000	−40 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	6 000
Financial Balance	−2 000	0	0	−6 000
Earnings Before Tax	1 453 000	331 000	−18 000	−46 000
Tax	320 000	51 000	0	0
Net Income	1 133 000	280 000	−18 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	845 000	650 000	500 000	500 000
Total Current Assets	1 412 000	284 000	23 000	1 090 000
Total Assets	2 257 000	933 000	523 000	1 590 000
Total Retained Equity	185 000	−948 000	−1 228 000	−1 210 000
Total Equity	204 000	−929 000	−1 209 000	−1 190 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 053 000	1 862 000	1 732 000	2 781 000
Total Equity and Debt	2 257 000	933 000	523 000	1 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 550 000	359 000	0	0
Other Income	0	0	0	0
Revenue	1 550 000	359 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	28 000	18 000	40 000
Operating Profit	1 454 000	331 000	−18 000	−40 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	6 000
Financial Balance	−2 000	0	0	−6 000
Dividends	0	0	0	0
Net Income	1 133 000	280 000	−18 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	346 000	150 000	0	0
Total Tangible Assets	346 000	150 000	0	0
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	845 000	650 000	500 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	933 000	284 000	23 000	1 090 000
Total Current Assets	1 412 000	284 000	23 000	1 090 000
Total Assets	2 257 000	933 000	523 000	1 590 000
Total Equity	204 000	−929 000	−1 209 000	−1 190 000
Short-Term Group Debt	0	0	10 000	10 000
Total Long-Term Debt	0	0	0	0
Creditors	2 000	60 000	1 000	0
Unpaid Taxes	0	20 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 731 000	1 731 000	1 720 000	2 770 000
Total Current Debt	2 053 000	1 862 000	1 732 000	2 781 000
Total Equity and Debt	2 257 000	933 000	523 000	1 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	555,39 %	−30,14 %	1,49 %	3,87 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	93,81 %	92,2 %	-	-
Current Ratio	0,69	0,15	0,01	0,39
Quick Ratio	0,69	0,15	0,01	0,39
Equity Ratio	0,09	−1	−2,31	−0,75
Gross Profit Margin	100 %	100 %	-	-