Motorships A.S

3013 DRAMMEN

Finances

Share Ownership

Return on Equity

314,94 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 415 000	26 303 000	23 124 000	24 131 000
Net Income	11 045 000	6 489 000	4 943 000	5 280 000
Total Assets	19 671 000	12 041 000	10 592 000	10 864 000
Total Equity	3 507 000	1 357 000	764 000	703 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 415 000	26 303 000	23 124 000	24 131 000
Expenditure	21 011 000	18 470 000	17 120 000	17 353 000
Operating Profit	11 404 000	7 833 000	6 005 000	6 779 000
Financial Income	2 153 000	388 000	270 000	3 000
Financial Costs	3 000	4 000	6 000	12 000
Financial Balance	2 150 000	384 000	264 000	−9 000
Earnings Before Tax	13 554 000	8 217 000	6 269 000	6 770 000
Tax	2 509 000	1 728 000	1 326 000	1 489 000
Net Income	11 045 000	6 489 000	4 943 000	5 280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 453 000	5 685 000	5 052 000	732 000
Total Current Assets	18 217 000	6 356 000	5 541 000	10 132 000
Total Assets	19 671 000	12 041 000	10 592 000	10 864 000
Total Retained Equity	3 007 000	857 000	264 000	203 000
Total Equity	3 507 000	1 357 000	764 000	703 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 164 000	10 684 000	9 828 000	10 162 000
Total Equity and Debt	19 671 000	12 041 000	10 592 000	10 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 415 000	26 303 000	23 002 000	24 131 000
Other Income	0	0	121 000	0
Revenue	32 415 000	26 303 000	23 124 000	24 131 000
Cost of Goods Sold	8 434 000	6 708 000	5 890 000	5 683 000
Salary Costs	6 208 000	5 474 000	5 232 000	5 189 000
Depreciation	268 000	152 000	396 000	435 000
Impairment	0	0	273 000	0
Expenditure	21 011 000	18 470 000	17 120 000	17 353 000
Operating Profit	11 404 000	7 833 000	6 005 000	6 779 000
Financial Income	2 153 000	388 000	270 000	3 000
Financial Costs	3 000	4 000	6 000	12 000
Financial Balance	2 150 000	384 000	264 000	−9 000
Dividends	0	0	0	0
Net Income	11 045 000	6 489 000	4 943 000	5 280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	61 000	125 000	74 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 393 000	1 624 000	927 000	658 000
Total Tangible Assets	1 393 000	1 624 000	927 000	658 000
Total Fiancial Fixed Assets	0	4 000 000	4 000 000	0
Total Fixed Assets	1 453 000	5 685 000	5 052 000	732 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 755 000	4 621 000	2 277 000	2 637 000
Total Current Assets	18 217 000	6 356 000	5 541 000	10 132 000
Total Assets	19 671 000	12 041 000	10 592 000	10 864 000
Total Equity	3 507 000	1 357 000	764 000	703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 032 000	1 253 000	1 930 000	1 079 000
Unpaid Taxes	1 149 000	760 000	449 000	471 000
Dividends	0	0	0	0
Other Current Debt	12 983 000	8 671 000	7 449 000	8 612 000
Total Current Debt	16 164 000	10 684 000	9 828 000	10 162 000
Total Equity and Debt	19 671 000	12 041 000	10 592 000	10 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	314,94 %	478,19 %	646,99 %	751,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,18 %	29,78 %	25,97 %	28,09 %
Current Ratio	1,13	0,59	0,56	1
Quick Ratio	1,13	0,59	0,56	1
Equity Ratio	0,18	0,11	0,07	0,06
Gross Profit Margin	73,98 %	74,5 %	74,53 %	76,45 %