MANIITSOQ AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

27,34 %

Current Ratio

1,99

Debt-to-Equity Ratio

−2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 882 000	74 590 000	49 363 000	26 525 000
Net Income	−20 009 000	4 513 000	−11 161 000	−26 678 000
Total Assets	119 055 000	125 612 000	113 471 000	113 908 000
Total Equity	−73 175 000	−53 166 000	−57 679 000	−46 519 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 882 000	74 590 000	49 363 000	26 525 000
Expenditure	85 482 000	63 772 000	53 513 000	46 638 000
Operating Profit	−10 600 000	10 818 000	−4 149 000	−20 113 000
Financial Income	109 000	79 000	69 000	13 000
Financial Costs	9 518 000	6 384 000	7 081 000	6 578 000
Financial Balance	−9 409 000	−6 305 000	−7 012 000	−6 565 000
Earnings Before Tax	−20 009 000	4 513 000	−11 161 000	−26 678 000
Tax	0	0	0	0
Net Income	−20 009 000	4 513 000	−11 161 000	−26 678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 013 000	114 188 000	108 504 000	109 270 000
Total Current Assets	13 042 000	11 423 000	4 967 000	4 638 000
Total Assets	119 055 000	125 612 000	113 471 000	113 908 000
Total Retained Equity	−73 205 000	−53 196 000	−57 709 000	−46 549 000
Total Equity	−73 175 000	−53 166 000	−57 679 000	−46 519 000
Total Long-Term Debt	185 670 000	166 934 000	162 216 000	154 635 000
Total Current Debt	6 559 000	11 844 000	8 934 000	5 791 000
Total Equity and Debt	119 055 000	125 612 000	113 471 000	113 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 549 000	74 590 000	49 363 000	26 525 000
Other Income	1 332 000	0	0	0
Revenue	74 882 000	74 590 000	49 363 000	26 525 000
Cost of Goods Sold	12 684 000	7 559 000	4 251 000	3 573 000
Salary Costs	28 127 000	26 087 000	23 189 000	18 972 000
Depreciation	8 430 000	7 106 000	6 379 000	5 838 000
Impairment	0	0	0	0
Expenditure	85 482 000	63 772 000	53 513 000	46 638 000
Operating Profit	−10 600 000	10 818 000	−4 149 000	−20 113 000
Financial Income	109 000	79 000	69 000	13 000
Financial Costs	9 518 000	6 384 000	7 081 000	6 578 000
Financial Balance	−9 409 000	−6 305 000	−7 012 000	−6 565 000
Dividends	0	0	0	0
Net Income	−20 009 000	4 513 000	−11 161 000	−26 678 000

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	9 358 000	21 401 000	18 515 000	15 778 000
Total Tangible Assets	106 013 000	114 188 000	108 504 000	109 270 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 013 000	114 188 000	108 504 000	109 270 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	779 000	3 414 000	1 186 000	88 000
Total Current Assets	13 042 000	11 423 000	4 967 000	4 638 000
Total Assets	119 055 000	125 612 000	113 471 000	113 908 000
Total Equity	−73 175 000	−53 166 000	−57 679 000	−46 519 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 670 000	166 934 000	162 216 000	154 635 000
Creditors	5 381 000	10 774 000	7 506 000	4 465 000
Unpaid Taxes	569 000	504 000	944 000	133 000
Dividends	0	0	0	0
Other Current Debt	610 000	565 000	484 000	1 193 000
Total Current Debt	6 559 000	11 844 000	8 934 000	5 791 000
Total Equity and Debt	119 055 000	125 612 000	113 471 000	113 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,34 %	−8,49 %	19,35 %	57,35 %
Debt-to-Equity Ratio	−2,54	−3,14	−2,81	−3,32
Operating Profit Margin	−14,16 %	14,5 %	−8,41 %	−75,83 %
Current Ratio	1,99	0,96	0,56	0,8
Quick Ratio	1,99	0,96	0,56	0,8
Equity Ratio	−0,61	−0,42	−0,51	−0,41
Gross Profit Margin	83,06 %	89,87 %	91,39 %	86,53 %