COREMARINE AS

4014 STAVANGER

Finances

Return on Equity

24,11 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 145 000	24 319 000	15 541 000	18 330 000
Net Income	2 175 000	2 412 000	1 797 000	616 000
Total Assets	22 678 000	10 385 000	7 776 000	5 274 000
Total Equity	9 023 000	6 848 000	3 352 000	1 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 145 000	24 319 000	15 541 000	18 330 000
Expenditure	31 798 000	22 581 000	13 201 000	17 502 000
Operating Profit	−652 000	1 738 000	2 340 000	829 000
Financial Income	2 768 000	882 000	30 000	8 000
Financial Costs	154 000	189 000	65 000	40 000
Financial Balance	2 614 000	693 000	−35 000	−32 000
Earnings Before Tax	1 962 000	2 432 000	2 305 000	797 000
Tax	−213 000	20 000	508 000	181 000
Net Income	2 175 000	2 412 000	1 797 000	616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 889 000	2 988 000	1 539 000	599 000
Total Current Assets	16 789 000	7 397 000	6 237 000	4 675 000
Total Assets	22 678 000	10 385 000	7 776 000	5 274 000
Total Retained Equity	8 565 000	6 390 000	2 896 000	1 347 000
Total Equity	9 023 000	6 848 000	3 352 000	1 602 000
Total Long-Term Debt	0	0	4 000	1 000
Total Current Debt	13 655 000	3 537 000	4 421 000	3 671 000
Total Equity and Debt	22 678 000	10 385 000	7 776 000	5 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 145 000	24 319 000	16 079 000	18 330 000
Other Income	0	0	−538 000	0
Revenue	31 145 000	24 319 000	15 541 000	18 330 000
Cost of Goods Sold	5 694 000	52 000	6 000	0
Salary Costs	22 152 000	9 965 000	7 844 000	7 035 000
Depreciation	70 000	51 000	16 000	3 000
Impairment	0	0	0	0
Expenditure	31 798 000	22 581 000	13 201 000	17 502 000
Operating Profit	−652 000	1 738 000	2 340 000	829 000
Financial Income	2 768 000	882 000	30 000	8 000
Financial Costs	154 000	189 000	65 000	40 000
Financial Balance	2 614 000	693 000	−35 000	−32 000
Dividends	0	0	0	0
Net Income	2 175 000	2 412 000	1 797 000	616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	247 000	34 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	112 000	78 000	28 000
Total Tangible Assets	111 000	112 000	78 000	28 000
Total Fiancial Fixed Assets	5 530 000	2 842 000	1 460 000	572 000
Total Fixed Assets	5 889 000	2 988 000	1 539 000	599 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 377 000	4 351 000	2 468 000	1 926 000
Total Current Assets	16 789 000	7 397 000	6 237 000	4 675 000
Total Assets	22 678 000	10 385 000	7 776 000	5 274 000
Total Equity	9 023 000	6 848 000	3 352 000	1 602 000
Short-Term Group Debt	526 000	0	0	0
Total Long-Term Debt	0	0	4 000	1 000
Creditors	3 950 000	567 000	948 000	1 799 000
Unpaid Taxes	1 823 000	933 000	1 274 000	963 000
Dividends	0	0	0	0
Other Current Debt	7 357 000	1 979 000	1 693 000	730 000
Total Current Debt	13 655 000	3 537 000	4 421 000	3 671 000
Total Equity and Debt	22 678 000	10 385 000	7 776 000	5 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,11 %	35,22 %	53,61 %	38,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,09 %	7,15 %	15,06 %	4,52 %
Current Ratio	1,23	2,09	1,41	1,27
Quick Ratio	1,23	2,09	1,41	1,27
Equity Ratio	0,4	0,66	0,43	0,3
Gross Profit Margin	81,72 %	99,79 %	99,96 %	100 %