MARINE OPERATIONS AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

16,31 %

Current Ratio

1,57

Debt-to-Equity Ratio

11,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	628 000	835 000	431 000	818 000
Net Income	23 000	107 000	−419 000	49 000
Total Assets	2 012 000	2 084 000	2 043 000	2 435 000
Total Equity	141 000	118 000	11 000	430 000

Income (NOK)	2022	2021	2020	2019
Revenue	628 000	835 000	431 000	818 000
Expenditure	461 000	622 000	720 000	655 000
Operating Profit	168 000	212 000	−289 000	162 000
Financial Income	0	0	0	0
Financial Costs	145 000	105 000	130 000	113 000
Financial Balance	−145 000	−105 000	−130 000	−113 000
Earnings Before Tax	23 000	107 000	−419 000	49 000
Tax	0	0	0	0
Net Income	23 000	107 000	−419 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 648 000	1 766 000	1 897 000	2 029 000
Total Current Assets	364 000	318 000	145 000	407 000
Total Assets	2 012 000	2 084 000	2 043 000	2 435 000
Total Retained Equity	111 000	88 000	−19 000	400 000
Total Equity	141 000	118 000	11 000	430 000
Total Long-Term Debt	1 639 000	1 661 000	1 857 000	1 962 000
Total Current Debt	232 000	305 000	174 000	44 000
Total Equity and Debt	2 012 000	2 084 000	2 043 000	2 435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 000	835 000	352 000	818 000
Other Income	278 000	0	79 000	0
Revenue	628 000	835 000	431 000	818 000
Cost of Goods Sold	0	198 000	0	0
Salary Costs	2 000	64 000	72 000	39 000
Depreciation	118 000	131 000	131 000	131 000
Impairment	0	0	0	0
Expenditure	461 000	622 000	720 000	655 000
Operating Profit	168 000	212 000	−289 000	162 000
Financial Income	0	0	0	0
Financial Costs	145 000	105 000	130 000	113 000
Financial Balance	−145 000	−105 000	−130 000	−113 000
Dividends	0	0	0	0
Net Income	23 000	107 000	−419 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 648 000	1 766 000	1 897 000	2 029 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 648 000	1 766 000	1 897 000	2 029 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 648 000	1 766 000	1 897 000	2 029 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	4 000	4 000
Total Current Assets	364 000	318 000	145 000	407 000
Total Assets	2 012 000	2 084 000	2 043 000	2 435 000
Total Equity	141 000	118 000	11 000	430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 639 000	1 661 000	1 857 000	1 962 000
Creditors	227 000	66 000	102 000	27 000
Unpaid Taxes	0	1 000	5 000	6 000
Dividends	0	0	0	0
Other Current Debt	6 000	238 000	67 000	11 000
Total Current Debt	232 000	305 000	174 000	44 000
Total Equity and Debt	2 012 000	2 084 000	2 043 000	2 435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,31 %	90,68 %	−3 809,09 %	11,4 %
Debt-to-Equity Ratio	11,62	14,08	168,82	4,56
Operating Profit Margin	26,75 %	25,39 %	−67,05 %	19,8 %
Current Ratio	1,57	1,04	0,83	9,25
Quick Ratio	1,57	1,04	0,83	9,25
Equity Ratio	0,07	0,06	0,01	0,18
Gross Profit Margin	100 %	76,29 %	100 %	100 %