MARITIME DESIGN AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

21 %

Current Ratio

5,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	401 000	1 025 000	939 000
Net Income	722 000	−483 000	329 000	143 000
Total Assets	4 214 000	2 945 000	3 637 000	3 240 000
Total Equity	3 438 000	2 716 000	3 199 000	2 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	401 000	1 025 000	939 000
Expenditure	876 000	872 000	707 000	798 000
Operating Profit	902 000	−472 000	318 000	141 000
Financial Income	23 000	3 000	11 000	2 000
Financial Costs	203 000	14 000	0	0
Financial Balance	−180 000	−11 000	11 000	2 000
Earnings Before Tax	722 000	−483 000	329 000	143 000
Tax	0	0	0	0
Net Income	722 000	−483 000	329 000	143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	271 000	569 000	640 000	720 000
Total Current Assets	3 943 000	2 376 000	2 997 000	2 520 000
Total Assets	4 214 000	2 945 000	3 637 000	3 240 000
Total Retained Equity	3 338 000	2 616 000	3 099 000	2 769 000
Total Equity	3 438 000	2 716 000	3 199 000	2 869 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	776 000	230 000	438 000	370 000
Total Equity and Debt	4 214 000	2 945 000	3 637 000	3 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 779 000	401 000	1 025 000	939 000
Other Income	0	0	0	0
Revenue	1 779 000	401 000	1 025 000	939 000
Cost of Goods Sold	0	0	0	0
Salary Costs	609 000	655 000	518 000	684 000
Depreciation	111 000	111 000	111 000	37 000
Impairment	0	0	0	0
Expenditure	876 000	872 000	707 000	798 000
Operating Profit	902 000	−472 000	318 000	141 000
Financial Income	23 000	3 000	11 000	2 000
Financial Costs	203 000	14 000	0	0
Financial Balance	−180 000	−11 000	11 000	2 000
Dividends	0	0	0	0
Net Income	722 000	−483 000	329 000	143 000

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	186 000	297 000	408 000	520 000
Total Tangible Assets	186 000	297 000	408 000	520 000
Total Fiancial Fixed Assets	85 000	272 000	232 000	200 000
Total Fixed Assets	271 000	569 000	640 000	720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 774 000	2 105 000	2 102 000	2 068 000
Total Current Assets	3 943 000	2 376 000	2 997 000	2 520 000
Total Assets	4 214 000	2 945 000	3 637 000	3 240 000
Total Equity	3 438 000	2 716 000	3 199 000	2 869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−14 000	−22 000	1 000	−34 000
Unpaid Taxes	425 000	192 000	390 000	247 000
Dividends	0	0	0	0
Other Current Debt	364 000	60 000	46 000	158 000
Total Current Debt	776 000	230 000	438 000	370 000
Total Equity and Debt	4 214 000	2 945 000	3 637 000	3 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21 %	−17,78 %	10,28 %	4,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,7 %	−117,71 %	31,02 %	15,02 %
Current Ratio	5,08	10,33	6,84	6,81
Quick Ratio	5,08	10,33	6,84	6,81
Equity Ratio	0,82	0,92	0,88	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %