MARSTRAND AS

0180 OSLO

Finances

Return on Equity

23,46 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 898 000	91 791 000	61 632 000	27 758 000
Net Income	6 533 000	61 000	5 309 000	3 248 000
Total Assets	70 312 000	39 911 000	33 923 000	16 630 000
Total Equity	27 847 000	20 588 000	13 328 000	7 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 898 000	91 791 000	61 632 000	27 758 000
Expenditure	156 650 000	91 780 000	54 857 000	23 594 000
Operating Profit	8 248 000	10 000	6 775 000	4 163 000
Financial Income	174 000	82 000	43 000	7 000
Financial Costs	26 000	9 000	6 000	0
Financial Balance	148 000	73 000	37 000	7 000
Earnings Before Tax	8 396 000	84 000	6 811 000	4 170 000
Tax	1 863 000	22 000	1 502 000	922 000
Net Income	6 533 000	61 000	5 309 000	3 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 595 000	10 310 000	4 431 000	716 000
Total Current Assets	57 717 000	29 600 000	29 492 000	15 914 000
Total Assets	70 312 000	39 911 000	33 923 000	16 630 000
Total Retained Equity	11 901 000	4 655 000	4 498 000	3 182 000
Total Equity	27 847 000	20 588 000	13 328 000	7 012 000
Total Long-Term Debt	0	72 000	59 000	15 000
Total Current Debt	42 465 000	19 251 000	20 536 000	9 603 000
Total Equity and Debt	70 312 000	39 911 000	33 923 000	16 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 206 000	91 623 000	61 624 000	27 758 000
Other Income	3 693 000	167 000	9 000	0
Revenue	164 898 000	91 791 000	61 632 000	27 758 000
Cost of Goods Sold	58 445 000	13 639 000	12 301 000	4 950 000
Salary Costs	83 750 000	64 609 000	36 090 000	12 292 000
Depreciation	1 185 000	1 001 000	197 000	68 000
Impairment	0	0	0	0
Expenditure	156 650 000	91 780 000	54 857 000	23 594 000
Operating Profit	8 248 000	10 000	6 775 000	4 163 000
Financial Income	174 000	82 000	43 000	7 000
Financial Costs	26 000	9 000	6 000	0
Financial Balance	148 000	73 000	37 000	7 000
Dividends	0	0	0	0
Net Income	6 533 000	61 000	5 309 000	3 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	426 000	912 000	1 352 000	0
Total Intangible Assets	444 000	912 000	1 352 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 652 000	2 320 000	345 000	400 000
Total Tangible Assets	1 652 000	2 320 000	345 000	400 000
Total Fiancial Fixed Assets	10 499 000	7 079 000	2 734 000	316 000
Total Fixed Assets	12 595 000	10 310 000	4 431 000	716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 526 000	9 889 000	15 044 000	7 065 000
Total Current Assets	57 717 000	29 600 000	29 492 000	15 914 000
Total Assets	70 312 000	39 911 000	33 923 000	16 630 000
Total Equity	27 847 000	20 588 000	13 328 000	7 012 000
Short-Term Group Debt	0	393 000	393 000	393 000
Total Long-Term Debt	0	72 000	59 000	15 000
Creditors	8 713 000	3 416 000	3 690 000	1 129 000
Unpaid Taxes	10 114 000	6 561 000	5 404 000	1 827 000
Dividends	0	0	0	0
Other Current Debt	21 684 000	8 871 000	9 592 000	5 402 000
Total Current Debt	42 465 000	19 251 000	20 536 000	9 603 000
Total Equity and Debt	70 312 000	39 911 000	33 923 000	16 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,46 %	0,3 %	39,83 %	46,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5 %	0,01 %	10,99 %	15 %
Current Ratio	1,36	1,54	1,44	1,66
Quick Ratio	1,36	1,54	1,44	1,66
Equity Ratio	0,4	0,52	0,39	0,42
Gross Profit Margin	64,56 %	85,14 %	80,04 %	82,17 %