MARINE DESIGN AND CONSULTING AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

16,85 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 201 000	12 037 000	16 445 000	10 978 000
Net Income	711 000	974 000	2 231 000	415 000
Total Assets	6 903 000	6 049 000	6 429 000	3 499 000
Total Equity	4 220 000	3 509 000	3 535 000	1 304 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 201 000	12 037 000	16 445 000	10 978 000
Expenditure	11 285 000	10 775 000	13 566 000	10 490 000
Operating Profit	916 000	1 262 000	2 880 000	488 000
Financial Income	4 000	7 000	5 000	23 000
Financial Costs	10 000	17 000	25 000	7 000
Financial Balance	−6 000	−10 000	−20 000	16 000
Earnings Before Tax	911 000	1 251 000	2 859 000	504 000
Tax	200 000	277 000	629 000	89 000
Net Income	711 000	974 000	2 231 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	55 000	15 000	22 000
Total Current Assets	6 818 000	5 994 000	6 414 000	3 478 000
Total Assets	6 903 000	6 049 000	6 429 000	3 499 000
Total Retained Equity	4 120 000	3 409 000	3 435 000	1 204 000
Total Equity	4 220 000	3 509 000	3 535 000	1 304 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	2 683 000	2 539 000	2 894 000	2 195 000
Total Equity and Debt	6 903 000	6 049 000	6 429 000	3 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 201 000	12 037 000	16 433 000	10 650 000
Other Income	0	0	12 000	328 000
Revenue	12 201 000	12 037 000	16 445 000	10 978 000
Cost of Goods Sold	1 515 000	882 000	4 271 000	1 457 000
Salary Costs	8 823 000	8 979 000	8 216 000	7 663 000
Depreciation	17 000	14 000	7 000	18 000
Impairment	0	0	0	0
Expenditure	11 285 000	10 775 000	13 566 000	10 490 000
Operating Profit	916 000	1 262 000	2 880 000	488 000
Financial Income	4 000	7 000	5 000	23 000
Financial Costs	10 000	17 000	25 000	7 000
Financial Balance	−6 000	−10 000	−20 000	16 000
Dividends	0	1 000 000	0	0
Net Income	711 000	974 000	2 231 000	415 000

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	86 000	55 000	0	7 000
Total Tangible Assets	86 000	55 000	0	7 000
Total Fiancial Fixed Assets	0	0	15 000	15 000
Total Fixed Assets	86 000	55 000	15 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 675 000	3 191 000	2 718 000	2 257 000
Total Current Assets	6 818 000	5 994 000	6 414 000	3 478 000
Total Assets	6 903 000	6 049 000	6 429 000	3 499 000
Total Equity	4 220 000	3 509 000	3 535 000	1 304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	210 000	202 000	191 000	3 000
Unpaid Taxes	1 386 000	1 188 000	1 048 000	1 347 000
Dividends	0	1 000 000	0	0
Other Current Debt	886 000	873 000	1 027 000	757 000
Total Current Debt	2 683 000	2 539 000	2 894 000	2 195 000
Total Equity and Debt	6 903 000	6 049 000	6 429 000	3 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,85 %	27,76 %	63,11 %	31,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,51 %	10,48 %	17,51 %	4,45 %
Current Ratio	2,54	2,36	2,22	1,58
Quick Ratio	2,54	2,36	2,22	1,58
Equity Ratio	0,61	0,58	0,55	0,37
Gross Profit Margin	87,58 %	92,67 %	74,03 %	86,73 %