MYRHAUG MARINE AS

6570 SMØLA

Finances

Return on Equity

50 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 726 000	3 536 000	3 226 000	3 834 000
Net Income	561 000	140 000	−111 000	103 000
Total Assets	2 248 000	1 189 000	1 003 000	1 206 000
Total Equity	1 122 000	561 000	421 000	532 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 726 000	3 536 000	3 226 000	3 834 000
Expenditure	4 009 000	3 383 000	3 341 000	3 701 000
Operating Profit	717 000	154 000	−115 000	133 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	717 000	154 000	−115 000	133 000
Tax	156 000	14 000	−3 000	29 000
Net Income	561 000	140 000	−111 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	45 000	56 000	28 000
Total Current Assets	2 156 000	1 144 000	946 000	1 178 000
Total Assets	2 248 000	1 189 000	1 003 000	1 206 000
Total Retained Equity	1 092 000	531 000	391 000	502 000
Total Equity	1 122 000	561 000	421 000	532 000
Total Long-Term Debt	1 000	0	0	3 000
Total Current Debt	1 125 000	628 000	582 000	671 000
Total Equity and Debt	2 248 000	1 189 000	1 003 000	1 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 674 000	3 536 000	3 226 000	3 834 000
Other Income	53 000	0	0	0
Revenue	4 726 000	3 536 000	3 226 000	3 834 000
Cost of Goods Sold	530 000	0	0	0
Salary Costs	3 021 000	2 950 000	2 992 000	3 178 000
Depreciation	7 000	12 000	12 000	7 000
Impairment	0	0	0	0
Expenditure	4 009 000	3 383 000	3 341 000	3 701 000
Operating Profit	717 000	154 000	−115 000	133 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	561 000	140 000	−111 000	103 000

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	52 000	5 000	16 000	28 000
Total Tangible Assets	52 000	5 000	16 000	28 000
Total Fiancial Fixed Assets	40 000	40 000	40 000	0
Total Fixed Assets	92 000	45 000	56 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 011 000	695 000	494 000	620 000
Total Current Assets	2 156 000	1 144 000	946 000	1 178 000
Total Assets	2 248 000	1 189 000	1 003 000	1 206 000
Total Equity	1 122 000	561 000	421 000	532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	3 000
Creditors	309 000	17 000	17 000	15 000
Unpaid Taxes	368 000	238 000	226 000	342 000
Dividends	0	0	0	0
Other Current Debt	292 000	335 000	338 000	285 000
Total Current Debt	1 125 000	628 000	582 000	671 000
Total Equity and Debt	2 248 000	1 189 000	1 003 000	1 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50 %	24,96 %	−26,37 %	19,36 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	15,17 %	4,36 %	−3,56 %	3,47 %
Current Ratio	1,92	1,82	1,63	1,76
Quick Ratio	1,92	1,82	1,63	1,76
Equity Ratio	0,5	0,47	0,42	0,44
Gross Profit Margin	88,79 %	100 %	100 %	100 %