MARINE WATER TREATMENT AS

3233 SANDEFJORD

Finances

Share Ownership

Return on Equity

51 %

Current Ratio

3,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 225 000	369 000	1 973 000	190 000
Net Income	230 000	−395 000	880 000	−53 000
Total Assets	656 000	369 000	1 395 000	342 000
Total Equity	451 000	121 000	516 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 225 000	369 000	1 973 000	190 000
Expenditure	1 035 000	711 000	834 000	225 000
Operating Profit	190 000	−342 000	1 138 000	−35 000
Financial Income	84 000	0	2 000	−9 000
Financial Costs	44 000	53 000	25 000	2 000
Financial Balance	40 000	−53 000	−23 000	−11 000
Earnings Before Tax	230 000	−395 000	1 115 000	−46 000
Tax	0	0	235 000	8 000
Net Income	230 000	−395 000	880 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	656 000	369 000	1 395 000	342 000
Total Assets	656 000	369 000	1 395 000	342 000
Total Retained Equity	421 000	91 000	486 000	4 000
Total Equity	451 000	121 000	516 000	34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	205 000	248 000	878 000	308 000
Total Equity and Debt	656 000	369 000	1 395 000	342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 225 000	369 000	1 973 000	190 000
Other Income	0	0	0	0
Revenue	1 225 000	369 000	1 973 000	190 000
Cost of Goods Sold	717 000	618 000	677 000	45 000
Salary Costs	160 000	4 000	5 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 035 000	711 000	834 000	225 000
Operating Profit	190 000	−342 000	1 138 000	−35 000
Financial Income	84 000	0	2 000	−9 000
Financial Costs	44 000	53 000	25 000	2 000
Financial Balance	40 000	−53 000	−23 000	−11 000
Dividends	0	0	400 000	300 000
Net Income	230 000	−395 000	880 000	−53 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	609 000	137 000	774 000	250 000
Total Current Assets	656 000	369 000	1 395 000	342 000
Total Assets	656 000	369 000	1 395 000	342 000
Total Equity	451 000	121 000	516 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	22 000	27 000	6 000
Unpaid Taxes	0	0	90 000	0
Dividends	0	0	400 000	300 000
Other Current Debt	191 000	149 000	126 000	2 000
Total Current Debt	205 000	248 000	878 000	308 000
Total Equity and Debt	656 000	369 000	1 395 000	342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51 %	−326,45 %	170,54 %	−155,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,51 %	−92,68 %	57,68 %	−18,42 %
Current Ratio	3,2	1,49	1,59	1,11
Quick Ratio	3,2	1,49	1,59	1,11
Equity Ratio	0,69	0,33	0,37	0,1
Gross Profit Margin	41,47 %	−67,48 %	65,69 %	76,32 %