ESTREMAR INVEST AS

0884 OSLO

Finances

Return on Equity

20,16 %

Current Ratio

1,97

Debt-to-Equity Ratio

2,78

Key figures (USD)	2022	2021	2020	2019
Revenue	22 940 000	19 302 000	17 887 000	25 157 000
Net Income	4 442 000	−1 297 000	−2 405 000	2 784 000
Total Assets	96 245 000	79 255 000	78 312 000	78 432 000
Total Equity	22 032 000	17 589 000	18 888 000	21 361 000

Income (USD)	2022	2021	2020	2019
Revenue	22 940 000	19 302 000	17 887 000	25 157 000
Expenditure	20 770 000	20 210 000	15 131 000	17 934 000
Operating Profit	2 674 000	−144 000	2 513 000	6 937 000
Financial Income	3 314 000	1 209 000	620 000	2 204 000
Financial Costs	1 546 000	2 362 000	4 124 000	6 195 000
Financial Balance	1 768 000	−1 153 000	−3 504 000	−3 991 000
Earnings Before Tax	4 442 000	−1 297 000	−991 000	2 946 000
Tax	0	0	1 414 000	162 000
Net Income	4 442 000	−1 297 000	−2 405 000	2 784 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	70 612 000	64 687 000	64 749 000	66 235 000
Total Current Assets	25 633 000	14 568 000	13 563 000	12 197 000
Total Assets	96 245 000	79 255 000	78 312 000	78 432 000
Total Retained Equity	21 973 000	17 530 000	18 829 000	21 302 000
Total Equity	22 032 000	17 589 000	18 888 000	21 361 000
Total Long-Term Debt	61 214 000	49 610 000	48 900 000	47 500 000
Total Current Debt	12 999 000	12 056 000	10 524 000	9 570 000
Total Equity and Debt	96 245 000	79 255 000	78 312 000	78 431 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	22 940 000	19 302 000	17 887 000	25 157 000
Other Income	0	0	0	0
Revenue	22 940 000	19 302 000	17 887 000	25 157 000
Cost of Goods Sold	7 035 000	8 817 000	6 039 000	5 653 000
Salary Costs	7 803 000	7 625 000	7 016 000	6 464 000
Depreciation	68 000	693 000	502 000	2 563 000
Impairment	203 000	0	0	0
Expenditure	20 770 000	20 210 000	15 131 000	17 934 000
Operating Profit	2 674 000	−144 000	2 513 000	6 937 000
Financial Income	3 314 000	1 209 000	620 000	2 204 000
Financial Costs	1 546 000	2 362 000	4 124 000	6 195 000
Financial Balance	1 768 000	−1 153 000	−3 504 000	−3 991 000
Dividends	0	0	0	0
Net Income	4 442 000	−1 297 000	−2 405 000	2 784 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 212 000	59 415 000	59 414 000	60 622 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	233 000	255 000	309 000	362 000
Total Tangible Assets	11 388 000	5 255 000	5 309 000	5 613 000
Total Fiancial Fixed Assets	12 000	17 000	26 000	0
Total Fixed Assets	70 612 000	64 687 000	64 749 000	66 235 000
Stock	4 021 000	3 231 000	3 001 000	2 588 000
Total Investments	0	0	0	0
Cash, Bank	10 801 000	5 000	4 000	310 000
Total Current Assets	25 633 000	14 568 000	13 563 000	12 197 000
Total Assets	96 245 000	79 255 000	78 312 000	78 432 000
Total Equity	22 032 000	17 589 000	18 888 000	21 361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 214 000	49 610 000	48 900 000	47 500 000
Creditors	1 539 000	947 000	1 340 000	1 421 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 832 000	3 149 000	3 316 000	3 002 000
Total Current Debt	12 999 000	12 056 000	10 524 000	9 570 000
Total Equity and Debt	96 245 000	79 255 000	78 312 000	78 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,16 %	−7,37 %	−12,73 %	13,03 %
Debt-to-Equity Ratio	2,78	2,82	2,59	2,22
Operating Profit Margin	11,66 %	−0,75 %	14,05 %	27,57 %
Current Ratio	1,97	1,21	1,29	1,27
Quick Ratio	2,86	1,65	1,8	1,75
Equity Ratio	0,23	0,22	0,24	0,27
Gross Profit Margin	69,33 %	54,32 %	66,24 %	77,53 %