MARINESERVICE AS

2019 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

10,77 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 182 000	37 961 000	25 286 000	16 862 000
Net Income	185 000	617 000	519 000	63 000
Total Assets	19 748 000	13 720 000	13 822 000	7 271 000
Total Equity	1 717 000	1 533 000	915 000	793 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 182 000	37 961 000	25 286 000	16 862 000
Expenditure	30 772 000	37 095 000	24 724 000	16 759 000
Operating Profit	411 000	865 000	562 000	103 000
Financial Income	51 000	29 000	157 000	9 000
Financial Costs	225 000	98 000	57 000	24 000
Financial Balance	−174 000	−69 000	100 000	−15 000
Earnings Before Tax	237 000	795 000	662 000	88 000
Tax	52 000	178 000	143 000	25 000
Net Income	185 000	617 000	519 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 792 000	2 038 000	1 675 000	362 000
Total Current Assets	17 956 000	11 682 000	12 146 000	6 909 000
Total Assets	19 748 000	13 720 000	13 822 000	7 271 000
Total Retained Equity	1 467 000	1 283 000	665 000	293 000
Total Equity	1 717 000	1 533 000	915 000	793 000
Total Long-Term Debt	2 668 000	1 576 000	308 000	300 000
Total Current Debt	15 364 000	10 611 000	12 599 000	6 178 000
Total Equity and Debt	19 748 000	13 720 000	13 822 000	7 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 694 000	37 087 000	25 123 000	16 228 000
Other Income	488 000	875 000	163 000	634 000
Revenue	31 182 000	37 961 000	25 286 000	16 862 000
Cost of Goods Sold	19 542 000	28 301 000	18 787 000	10 525 000
Salary Costs	5 024 000	3 418 000	2 191 000	2 927 000
Depreciation	555 000	585 000	158 000	109 000
Impairment	0	0	0	0
Expenditure	30 772 000	37 095 000	24 724 000	16 759 000
Operating Profit	411 000	865 000	562 000	103 000
Financial Income	51 000	29 000	157 000	9 000
Financial Costs	225 000	98 000	57 000	24 000
Financial Balance	−174 000	−69 000	100 000	−15 000
Dividends	0	0	0	0
Net Income	185 000	617 000	519 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	156 000	216 000	277 000	0
Machinery and Plant Facilities	1 041 000	1 341 000	0	0
Fixtures	545 000	431 000	1 399 000	362 000
Total Tangible Assets	1 742 000	1 988 000	1 675 000	362 000
Total Fiancial Fixed Assets	50 000	50 000	0	0
Total Fixed Assets	1 792 000	2 038 000	1 675 000	362 000
Stock	16 042 000	9 187 000	9 606 000	6 394 000
Total Investments	0	0	0	0
Cash, Bank	274 000	764 000	830 000	113 000
Total Current Assets	17 956 000	11 682 000	12 146 000	6 909 000
Total Assets	19 748 000	13 720 000	13 822 000	7 271 000
Total Equity	1 717 000	1 533 000	915 000	793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 668 000	1 576 000	308 000	300 000
Creditors	13 909 000	7 173 000	10 495 000	4 862 000
Unpaid Taxes	880 000	204 000	160 000	139 000
Dividends	0	0	0	0
Other Current Debt	494 000	746 000	388 000	778 000
Total Current Debt	15 364 000	10 611 000	12 599 000	6 178 000
Total Equity and Debt	19 748 000	13 720 000	13 822 000	7 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,77 %	40,25 %	56,72 %	7,94 %
Debt-to-Equity Ratio	1,55	1,03	0,34	0,38
Operating Profit Margin	1,32 %	2,28 %	2,22 %	0,61 %
Current Ratio	1,17	1,1	0,96	1,12
Quick Ratio	−26,48	8,2	4,06	−31,99
Equity Ratio	0,09	0,11	0,07	0,11
Gross Profit Margin	37,33 %	25,45 %	25,7 %	37,58 %