NORWEGIAN MARINE CONSTRUCTION AS

1412 SOFIEMYR

Finances

Share Ownership

Return on Equity

29,5 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 404 000	26 776 000	22 163 000	12 604 000
Net Income	2 139 000	3 456 000	2 364 000	1 726 000
Total Assets	21 090 000	25 032 000	23 262 000	5 361 000
Total Equity	7 252 000	5 113 000	1 657 000	−707 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 404 000	26 776 000	22 163 000	12 604 000
Expenditure	30 680 000	19 156 000	24 148 000	10 809 000
Operating Profit	2 754 000	3 534 000	2 377 000	1 792 000
Financial Income	5 000	8 000	45 000	51 000
Financial Costs	239 000	86 000	58 000	117 000
Financial Balance	−234 000	−78 000	−13 000	−66 000
Earnings Before Tax	2 520 000	3 456 000	2 364 000	1 726 000
Tax	381 000	0	0	0
Net Income	2 139 000	3 456 000	2 364 000	1 726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	25 000	41 000	37 000
Total Current Assets	20 891 000	25 007 000	23 221 000	5 324 000
Total Assets	21 090 000	25 032 000	23 262 000	5 361 000
Total Retained Equity	4 502 000	2 363 000	−1 093 000	−3 457 000
Total Equity	7 252 000	5 113 000	1 657 000	−707 000
Total Long-Term Debt	492 000	1 275 000	1 325 000	1 325 000
Total Current Debt	13 346 000	18 644 000	20 280 000	4 743 000
Total Equity and Debt	21 090 000	25 032 000	23 262 000	5 361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 393 000	26 776 000	22 163 000	12 604 000
Other Income	11 000	0	0	0
Revenue	32 404 000	26 776 000	22 163 000	12 604 000
Cost of Goods Sold	25 146 000	13 567 000	21 387 000	8 313 000
Salary Costs	4 635 000	4 482 000	1 738 000	1 498 000
Depreciation	27 000	16 000	14 000	10 000
Impairment	0	0	0	0
Expenditure	30 680 000	19 156 000	24 148 000	10 809 000
Operating Profit	2 754 000	3 534 000	2 377 000	1 792 000
Financial Income	5 000	8 000	45 000	51 000
Financial Costs	239 000	86 000	58 000	117 000
Financial Balance	−234 000	−78 000	−13 000	−66 000
Dividends	0	0	0	0
Net Income	2 139 000	3 456 000	2 364 000	1 726 000

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	198 000	24 000	41 000	36 000
Total Tangible Assets	198 000	24 000	41 000	36 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	199 000	25 000	41 000	37 000
Stock	1 478 000	462 000	4 578 000	1 067 000
Total Investments	0	0	0	0
Cash, Bank	5 514 000	7 513 000	3 341 000	265 000
Total Current Assets	20 891 000	25 007 000	23 221 000	5 324 000
Total Assets	21 090 000	25 032 000	23 262 000	5 361 000
Total Equity	7 252 000	5 113 000	1 657 000	−707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	492 000	1 275 000	1 325 000	1 325 000
Creditors	1 047 000	964 000	2 586 000	689 000
Unpaid Taxes	2 866 000	3 964 000	1 812 000	159 000
Dividends	0	0	0	0
Other Current Debt	9 052 000	13 717 000	15 882 000	2 373 000
Total Current Debt	13 346 000	18 644 000	20 280 000	4 743 000
Total Equity and Debt	21 090 000	25 032 000	23 262 000	5 361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,5 %	67,59 %	142,67 %	−244,13 %
Debt-to-Equity Ratio	0,07	0,25	0,8	−1,87
Operating Profit Margin	8,5 %	13,2 %	10,73 %	14,22 %
Current Ratio	1,57	1,34	1,15	1,12
Quick Ratio	1,76	1,38	1,48	1,45
Equity Ratio	0,34	0,2	0,07	−0,13
Gross Profit Margin	22,4 %	49,33 %	3,5 %	34,04 %