MARTEK AS

5470 ROSENDAL

Finances

Return on Equity

21,44 %

Current Ratio

5,47

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 106 000	1 209 000	2 264 000	2 224 000
Net Income	300 000	262 000	267 000	196 000
Total Assets	1 695 000	1 346 000	1 156 000	961 000
Total Equity	1 399 000	1 100 000	838 000	571 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 106 000	1 209 000	2 264 000	2 224 000
Expenditure	736 000	715 000	1 868 000	1 969 000
Operating Profit	369 000	493 000	396 000	255 000
Financial Income	0	0	1 000	1 000
Financial Costs	11 000	156 000	54 000	1 000
Financial Balance	−11 000	−156 000	−53 000	0
Earnings Before Tax	358 000	337 000	343 000	255 000
Tax	58 000	75 000	76 000	59 000
Net Income	300 000	262 000	267 000	196 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	80 000	51 000	60 000	69 000
Total Current Assets	1 615 000	1 294 000	1 096 000	892 000
Total Assets	1 695 000	1 346 000	1 156 000	961 000
Total Retained Equity	1 369 000	1 070 000	808 000	541 000
Total Equity	1 399 000	1 100 000	838 000	571 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	295 000	246 000	319 000	391 000
Total Equity and Debt	1 695 000	1 346 000	1 156 000	961 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 106 000	1 209 000	2 264 000	2 224 000
Other Income	0	0	0	0
Revenue	1 106 000	1 209 000	2 264 000	2 224 000
Cost of Goods Sold	524 000	489 000	1 492 000	1 199 000
Salary Costs	0	0	137 000	518 000
Depreciation	1 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	736 000	715 000	1 868 000	1 969 000
Operating Profit	369 000	493 000	396 000	255 000
Financial Income	0	0	1 000	1 000
Financial Costs	11 000	156 000	54 000	1 000
Financial Balance	−11 000	−156 000	−53 000	0
Dividends	0	0	0	0
Net Income	300 000	262 000	267 000	196 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	10 000	10 000	10 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 000	10 000	19 000
Total Tangible Assets	10 000	11 000	20 000	29 000
Total Fiancial Fixed Assets	70 000	40 000	40 000	40 000
Total Fixed Assets	80 000	51 000	60 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	60 000	68 000	70 000
Total Current Assets	1 615 000	1 294 000	1 096 000	892 000
Total Assets	1 695 000	1 346 000	1 156 000	961 000
Total Equity	1 399 000	1 100 000	838 000	571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	113 000	106 000	186 000	179 000
Unpaid Taxes	93 000	34 000	43 000	102 000
Dividends	0	0	0	0
Other Current Debt	13 000	13 000	13 000	50 000
Total Current Debt	295 000	246 000	319 000	391 000
Total Equity and Debt	1 695 000	1 346 000	1 156 000	961 000

Financial indicators	2021	2020	2019	2018
Return on Equity	21,44 %	23,82 %	31,86 %	34,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,36 %	40,78 %	17,49 %	11,47 %
Current Ratio	5,47	5,26	3,44	2,28
Quick Ratio	5,47	5,26	3,44	2,28
Equity Ratio	0,83	0,82	0,72	0,59
Gross Profit Margin	52,62 %	59,55 %	34,1 %	46,09 %