MANDAL MARITIME AS

4513 MANDAL

Finances

Return on Equity

27,74 %

Current Ratio

0,97

Debt-to-Equity Ratio

29,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 968 000	7 035 000	8 371 000	6 163 000
Net Income	134 000	67 000	358 000	−319 000
Total Assets	17 784 000	8 870 000	8 997 000	9 085 000
Total Equity	483 000	349 000	282 000	−76 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 968 000	7 035 000	8 371 000	6 163 000
Expenditure	7 368 000	6 658 000	7 575 000	6 187 000
Operating Profit	599 000	377 000	795 000	−24 000
Financial Income	0	0	1 000	5 000
Financial Costs	352 000	291 000	336 000	391 000
Financial Balance	−352 000	−291 000	−335 000	−386 000
Earnings Before Tax	248 000	86 000	461 000	−409 000
Tax	114 000	19 000	103 000	−90 000
Net Income	134 000	67 000	358 000	−319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 018 000	6 981 000	7 256 000	7 543 000
Total Current Assets	2 766 000	1 890 000	1 741 000	1 542 000
Total Assets	17 784 000	8 870 000	8 997 000	9 085 000
Total Retained Equity	−217 000	−351 000	−418 000	−776 000
Total Equity	483 000	349 000	282 000	−76 000
Total Long-Term Debt	14 455 000	7 149 000	7 624 000	8 068 000
Total Current Debt	2 846 000	1 372 000	1 091 000	1 093 000
Total Equity and Debt	17 784 000	8 870 000	8 997 000	9 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 933 000	6 989 000	8 371 000	6 163 000
Other Income	36 000	46 000	0	0
Revenue	7 968 000	7 035 000	8 371 000	6 163 000
Cost of Goods Sold	4 238 000	3 562 000	4 134 000	3 385 000
Salary Costs	1 758 000	1 618 000	2 076 000	1 569 000
Depreciation	−322 000	308 000	298 000	279 000
Impairment	0	0	0	0
Expenditure	7 368 000	6 658 000	7 575 000	6 187 000
Operating Profit	599 000	377 000	795 000	−24 000
Financial Income	0	0	1 000	5 000
Financial Costs	352 000	291 000	336 000	391 000
Financial Balance	−352 000	−291 000	−335 000	−386 000
Dividends	0	0	0	0
Net Income	134 000	67 000	358 000	−319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	114 000	133 000	236 000
Real Eastate	14 515 000	6 361 000	6 474 000	6 571 000
Machinery and Plant Facilities	138 000	120 000	189 000	215 000
Fixtures	290 000	386 000	460 000	520 000
Total Tangible Assets	14 943 000	6 867 000	7 123 000	7 306 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	15 018 000	6 981 000	7 256 000	7 543 000
Stock	1 971 000	1 207 000	521 000	1 016 000
Total Investments	0	0	0	0
Cash, Bank	250 000	227 000	79 000	221 000
Total Current Assets	2 766 000	1 890 000	1 741 000	1 542 000
Total Assets	17 784 000	8 870 000	8 997 000	9 085 000
Total Equity	483 000	349 000	282 000	−76 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 455 000	7 149 000	7 624 000	8 068 000
Creditors	1 781 000	794 000	83 000	826 000
Unpaid Taxes	296 000	304 000	792 000	77 000
Dividends	0	0	0	0
Other Current Debt	650 000	201 000	154 000	190 000
Total Current Debt	2 846 000	1 372 000	1 091 000	1 093 000
Total Equity and Debt	17 784 000	8 870 000	8 997 000	9 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,74 %	19,2 %	126,95 %	419,74 %
Debt-to-Equity Ratio	29,93	20,48	27,04	−106,16
Operating Profit Margin	7,52 %	5,36 %	9,5 %	−0,39 %
Current Ratio	0,97	1,38	1,6	1,41
Quick Ratio	3,16	11,45	3,05	20,03
Equity Ratio	0,03	0,04	0,03	−0,01
Gross Profit Margin	46,81 %	49,37 %	50,62 %	45,08 %