ITALMARIN AS

3040 DRAMMEN

Finances

Share Ownership

Return on Equity

−13,13 %

Current Ratio

5,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 989 000	8 504 000	16 036 000	19 228 000
Net Income	−487 000	103 000	1 095 000	1 266 000
Total Assets	4 430 000	5 742 000	5 493 000	7 187 000
Total Equity	3 709 000	4 196 000	4 093 000	2 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 989 000	8 504 000	16 036 000	19 228 000
Expenditure	7 474 000	8 368 000	14 629 000	17 536 000
Operating Profit	−486 000	137 000	1 406 000	1 692 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	2 000	6 000	2 000	71 000
Financial Balance	−2 000	−4 000	−1 000	−70 000
Earnings Before Tax	−487 000	132 000	1 405 000	1 623 000
Tax	0	29 000	309 000	357 000
Net Income	−487 000	103 000	1 095 000	1 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	376 000	0	0	0
Total Current Assets	4 054 000	5 742 000	5 493 000	7 187 000
Total Assets	4 430 000	5 742 000	5 493 000	7 187 000
Total Retained Equity	3 679 000	4 166 000	4 063 000	2 968 000
Total Equity	3 709 000	4 196 000	4 093 000	2 998 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	721 000	1 546 000	1 400 000	4 189 000
Total Equity and Debt	4 430 000	5 742 000	5 493 000	7 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 890 000	8 504 000	16 011 000	19 257 000
Other Income	99 000	0	25 000	−29 000
Revenue	6 989 000	8 504 000	16 036 000	19 228 000
Cost of Goods Sold	3 926 000	5 284 000	12 471 000	14 532 000
Salary Costs	3 177 000	2 601 000	1 737 000	2 162 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	7 474 000	8 368 000	14 629 000	17 536 000
Operating Profit	−486 000	137 000	1 406 000	1 692 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	2 000	6 000	2 000	71 000
Financial Balance	−2 000	−4 000	−1 000	−70 000
Dividends	0	0	0	0
Net Income	−487 000	103 000	1 095 000	1 266 000

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	76 000	0	0	0
Total Tangible Assets	76 000	0	0	0
Total Fiancial Fixed Assets	300 000	0	0	0
Total Fixed Assets	376 000	0	0	0
Stock	1 306 000	4 906 000	4 906 000	6 494 000
Total Investments	0	0	0	0
Cash, Bank	2 467 000	816 000	480 000	145 000
Total Current Assets	4 054 000	5 742 000	5 493 000	7 187 000
Total Assets	4 430 000	5 742 000	5 493 000	7 187 000
Total Equity	3 709 000	4 196 000	4 093 000	2 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	158 000	17 000	3 000	326 000
Unpaid Taxes	289 000	442 000	314 000	154 000
Dividends	0	0	0	0
Other Current Debt	273 000	1 057 000	773 000	3 352 000
Total Current Debt	721 000	1 546 000	1 400 000	4 189 000
Total Equity and Debt	4 430 000	5 742 000	5 493 000	7 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,13 %	2,45 %	26,75 %	42,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,95 %	1,61 %	8,77 %	8,8 %
Current Ratio	5,62	3,71	3,92	1,72
Quick Ratio	−6,93	−1,71	−1,57	−3,12
Equity Ratio	0,84	0,73	0,75	0,42
Gross Profit Margin	43,83 %	37,86 %	22,23 %	24,42 %