MARITIME & MERCHANT BANK ASA

0161 OSLO

Finances

Share Ownership

Return on Equity

5,86 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,06

Key figures (USD)	2022	2021	2020	2019
Revenue	22 141 000	16 272 000	14 466 000	18 631 000
Net Income	7 189 000	5 093 000	5 233 000	12 382 000
Total Assets	574 595 000	544 386 000	542 863 000	520 046 000
Total Equity	122 658 000	116 937 000	113 562 000	108 158 000

Income (USD)	2022	2021	2020	2019
Revenue	22 141 000	16 272 000	14 466 000	18 631 000
Expenditure	8 044 000	8 305 000	7 531 000	1 748 000
Operating Profit	14 097 000	7 967 000	6 935 000	12 382 000
Financial Income	0	0	0	0
Financial Costs	469 000	17 000	1 003 000	0
Financial Balance	−469 000	−17 000	−1 003 000	0
Earnings Before Tax	13 627 000	7 950 000	5 932 000	12 382 000
Tax	−6 439 000	−2 857 000	−699 000	0
Net Income	7 189 000	5 093 000	5 233 000	12 382 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	3 245 000	2 663 000	5 072 000	3 343 000
Total Current Assets	564 796 000	533 892 000	530 044 000	0
Total Assets	574 595 000	544 386 000	542 863 000	520 046 000
Total Retained Equity	18 800 000	13 079 000	9 705 000	4 301 000
Total Equity	122 658 000	116 937 000	113 562 000	108 158 000
Total Long-Term Debt	7 860 000	3 408 000	2 202 000	2 420 000
Total Current Debt	425 584 000	417 026 000	419 927 000	398 239 000
Total Equity and Debt	574 595 000	544 386 000	542 863 000	0

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	22 141 000	16 272 000	14 466 000	18 631 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 611 000	5 135 000	4 866 000	0
Depreciation	575 000	1 226 000	1 126 000	0
Impairment	0	0	0	0
Expenditure	8 044 000	8 305 000	7 531 000	1 748 000
Operating Profit	14 097 000	7 967 000	6 935 000	12 382 000
Financial Income	0	0	0	0
Financial Costs	469 000	17 000	1 003 000	0
Financial Balance	−469 000	−17 000	−1 003 000	0
Dividends	0	0	0	0
Net Income	7 189 000	5 093 000	5 233 000	12 382 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	310 000	1 209 000	2 037 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 660 000	325 000	668 000	940 000
Total Fiancial Fixed Assets	1 536 000	2 028 000	3 195 000	366 000
Total Fixed Assets	3 245 000	2 663 000	5 072 000	3 343 000
Stock	0	0	0	0
Total Investments	131 190 000	128 910 000	212 184 000	0
Cash, Bank	0	0	0	0
Total Current Assets	564 796 000	533 892 000	530 044 000	0
Total Assets	574 595 000	544 386 000	542 863 000	520 046 000
Total Equity	122 658 000	116 937 000	113 562 000	108 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 860 000	3 408 000	2 202 000	2 420 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	444 077 000	424 041 000	391 900 000	398 239 000
Total Current Debt	425 584 000	417 026 000	419 927 000	398 239 000
Total Equity and Debt	574 595 000	544 386 000	542 863 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	5,86 %	4,36 %	4,61 %	11,45 %
Debt-to-Equity Ratio	0,06	0,03	0,02	0,02
Operating Profit Margin	63,67 %	48,96 %	47,94 %	66,46 %
Current Ratio	1,33	1,28	1,26	0
Quick Ratio	1,33	1,28	1,26	0
Equity Ratio	0,21	0,21	0,21	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %