MARITEX MARINE AS

4343 ORRE

Finances

Share Ownership

Return on Equity

70 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 515 000	24 876 000	19 817 000	22 724 000
Net Income	1 001 000	932 000	435 000	572 000
Total Assets	5 274 000	5 590 000	4 714 000	3 139 000
Total Equity	1 430 000	1 129 000	697 000	262 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 515 000	24 876 000	19 817 000	22 724 000
Expenditure	24 173 000	23 653 000	19 230 000	21 971 000
Operating Profit	1 342 000	1 224 000	586 000	753 000
Financial Income	1 000	4 000	1 000	0
Financial Costs	59 000	33 000	29 000	20 000
Financial Balance	−58 000	−29 000	−28 000	−20 000
Earnings Before Tax	1 284 000	1 195 000	558 000	733 000
Tax	283 000	263 000	123 000	161 000
Net Income	1 001 000	932 000	435 000	572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	23 000	91 000	320 000
Total Current Assets	5 153 000	5 567 000	4 623 000	2 819 000
Total Assets	5 274 000	5 590 000	4 714 000	3 139 000
Total Retained Equity	1 330 000	1 029 000	597 000	162 000
Total Equity	1 430 000	1 129 000	697 000	262 000
Total Long-Term Debt	0	0	330 000	530 000
Total Current Debt	3 843 000	4 461 000	3 687 000	2 346 000
Total Equity and Debt	5 274 000	5 590 000	4 714 000	3 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 515 000	24 876 000	19 817 000	22 724 000
Other Income	0	0	0	0
Revenue	25 515 000	24 876 000	19 817 000	22 724 000
Cost of Goods Sold	5 689 000	3 592 000	5 493 000	6 279 000
Salary Costs	8 153 000	7 847 000	5 716 000	5 417 000
Depreciation	19 000	79 000	207 000	145 000
Impairment	0	0	0	0
Expenditure	24 173 000	23 653 000	19 230 000	21 971 000
Operating Profit	1 342 000	1 224 000	586 000	753 000
Financial Income	1 000	4 000	1 000	0
Financial Costs	59 000	33 000	29 000	20 000
Financial Balance	−58 000	−29 000	−28 000	−20 000
Dividends	700 000	500 000	0	0
Net Income	1 001 000	932 000	435 000	572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	23 000	12 000	154 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	112 000	0	79 000	166 000
Total Tangible Assets	112 000	0	79 000	166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	23 000	91 000	320 000
Stock	462 000	417 000	404 000	427 000
Total Investments	0	0	0	0
Cash, Bank	204 000	897 000	2 528 000	654 000
Total Current Assets	5 153 000	5 567 000	4 623 000	2 819 000
Total Assets	5 274 000	5 590 000	4 714 000	3 139 000
Total Equity	1 430 000	1 129 000	697 000	262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	330 000	530 000
Creditors	1 139 000	1 828 000	1 635 000	1 189 000
Unpaid Taxes	845 000	1 301 000	928 000	499 000
Dividends	700 000	500 000	0	0
Other Current Debt	826 000	559 000	1 022 000	659 000
Total Current Debt	3 843 000	4 461 000	3 687 000	2 346 000
Total Equity and Debt	5 274 000	5 590 000	4 714 000	3 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70 %	82,55 %	62,41 %	218,32 %
Debt-to-Equity Ratio	0	0	0,47	2,02
Operating Profit Margin	5,26 %	4,92 %	2,96 %	3,31 %
Current Ratio	1,34	1,25	1,25	1,2
Quick Ratio	1,52	1,38	1,41	1,47
Equity Ratio	0,27	0,2	0,15	0,08
Gross Profit Margin	77,7 %	85,56 %	72,28 %	72,37 %