MARITIM SVEISESERVICE AS

9019 TROMSØ

Finances

Share Ownership

Return on Equity

12,34 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 370 000	45 891 000	44 226 000	50 747 000
Net Income	1 276 000	105 000	1 340 000	2 940 000
Total Assets	15 901 000	14 645 000	17 477 000	17 498 000
Total Equity	10 341 000	9 366 000	9 261 000	10 788 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 370 000	45 891 000	44 226 000	50 747 000
Expenditure	46 705 000	45 709 000	42 660 000	46 924 000
Operating Profit	1 665 000	183 000	1 566 000	3 822 000
Financial Income	40 000	0	194 000	13 000
Financial Costs	60 000	42 000	34 000	59 000
Financial Balance	−20 000	−42 000	160 000	−46 000
Earnings Before Tax	1 645 000	141 000	1 727 000	3 776 000
Tax	369 000	35 000	387 000	836 000
Net Income	1 276 000	105 000	1 340 000	2 940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 103 000	4 312 000	4 398 000	4 497 000
Total Current Assets	11 798 000	10 333 000	13 079 000	13 002 000
Total Assets	15 901 000	14 645 000	17 477 000	17 498 000
Total Retained Equity	4 232 000	3 257 000	3 152 000	4 679 000
Total Equity	10 341 000	9 366 000	9 261 000	10 788 000
Total Long-Term Debt	0	0	10 000	132 000
Total Current Debt	5 559 000	5 279 000	8 206 000	6 579 000
Total Equity and Debt	15 901 000	14 645 000	17 477 000	17 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 364 000	45 887 000	44 226 000	50 725 000
Other Income	6 000	5 000	0	22 000
Revenue	48 370 000	45 891 000	44 226 000	50 747 000
Cost of Goods Sold	13 072 000	13 856 000	10 399 000	14 546 000
Salary Costs	23 307 000	22 014 000	22 991 000	22 837 000
Depreciation	716 000	741 000	733 000	865 000
Impairment	0	0	0	0
Expenditure	46 705 000	45 709 000	42 660 000	46 924 000
Operating Profit	1 665 000	183 000	1 566 000	3 822 000
Financial Income	40 000	0	194 000	13 000
Financial Costs	60 000	42 000	34 000	59 000
Financial Balance	−20 000	−42 000	160 000	−46 000
Dividends	279 000	0	1 500 000	0
Net Income	1 276 000	105 000	1 340 000	2 940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	359 000	46 000	51 000	92 000
Real Eastate	262 000	283 000	225 000	246 000
Machinery and Plant Facilities	451 000	546 000	581 000	482 000
Fixtures	2 983 000	3 362 000	3 419 000	3 602 000
Total Tangible Assets	3 696 000	4 192 000	4 224 000	4 330 000
Total Fiancial Fixed Assets	48 000	75 000	123 000	74 000
Total Fixed Assets	4 103 000	4 312 000	4 398 000	4 497 000
Stock	3 820 000	3 575 000	3 022 000	2 900 000
Total Investments	0	0	0	0
Cash, Bank	3 248 000	968 000	2 061 000	4 321 000
Total Current Assets	11 798 000	10 333 000	13 079 000	13 002 000
Total Assets	15 901 000	14 645 000	17 477 000	17 498 000
Total Equity	10 341 000	9 366 000	9 261 000	10 788 000
Short-Term Group Debt	27 000	248 000	214 000	0
Total Long-Term Debt	0	0	10 000	132 000
Creditors	726 000	627 000	1 180 000	1 508 000
Unpaid Taxes	1 301 000	1 675 000	1 769 000	1 327 000
Dividends	279 000	0	1 500 000	0
Other Current Debt	2 814 000	2 645 000	3 212 000	2 969 000
Total Current Debt	5 559 000	5 279 000	8 206 000	6 579 000
Total Equity and Debt	15 901 000	14 645 000	17 477 000	17 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,34 %	1,12 %	14,47 %	27,25 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	3,44 %	0,4 %	3,54 %	7,53 %
Current Ratio	2,12	1,96	1,59	1,98
Quick Ratio	6,78	6,06	2,52	3,53
Equity Ratio	0,65	0,64	0,53	0,62
Gross Profit Margin	72,97 %	69,81 %	76,49 %	71,34 %