TEAM MARITIME AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

128,43 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 305 000	14 826 000	12 315 000	14 553 000
Net Income	3 709 000	2 367 000	2 687 000	2 236 000
Total Assets	10 485 000	7 629 000	7 280 000	6 975 000
Total Equity	2 888 000	3 179 000	2 812 000	2 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 305 000	14 826 000	12 315 000	14 553 000
Expenditure	14 686 000	11 850 000	9 043 000	11 826 000
Operating Profit	4 619 000	2 977 000	3 271 000	2 728 000
Financial Income	135 000	86 000	98 000	38 000
Financial Costs	81 000	122 000	44 000	7 000
Financial Balance	54 000	−36 000	54 000	31 000
Earnings Before Tax	4 674 000	2 941 000	3 325 000	2 760 000
Tax	965 000	574 000	638 000	524 000
Net Income	3 709 000	2 367 000	2 687 000	2 236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	104 000	30 000	27 000
Total Current Assets	10 418 000	7 526 000	7 250 000	6 947 000
Total Assets	10 485 000	7 629 000	7 280 000	6 975 000
Total Retained Equity	2 858 000	3 149 000	2 782 000	2 095 000
Total Equity	2 888 000	3 179 000	2 812 000	2 125 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 597 000	4 450 000	4 468 000	4 850 000
Total Equity and Debt	10 485 000	7 629 000	7 280 000	6 975 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 303 000	14 826 000	12 244 000	14 553 000
Other Income	2 000	0	71 000	0
Revenue	19 305 000	14 826 000	12 315 000	14 553 000
Cost of Goods Sold	5 839 000	4 408 000	2 762 000	3 170 000
Salary Costs	6 827 000	5 965 000	5 028 000	6 378 000
Depreciation	38 000	29 000	8 000	3 000
Impairment	0	0	0	0
Expenditure	14 686 000	11 850 000	9 043 000	11 826 000
Operating Profit	4 619 000	2 977 000	3 271 000	2 728 000
Financial Income	135 000	86 000	98 000	38 000
Financial Costs	81 000	122 000	44 000	7 000
Financial Balance	54 000	−36 000	54 000	31 000
Dividends	4 000 000	2 000 000	2 000 000	2 000 000
Net Income	3 709 000	2 367 000	2 687 000	2 236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	22 000	9 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	82 000	21 000	12 000
Total Tangible Assets	44 000	82 000	21 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	66 000	104 000	30 000	27 000
Stock	1 804 000	1 595 000	1 654 000	1 834 000
Total Investments	0	0	0	0
Cash, Bank	3 906 000	4 135 000	3 261 000	1 925 000
Total Current Assets	10 418 000	7 526 000	7 250 000	6 947 000
Total Assets	10 485 000	7 629 000	7 280 000	6 975 000
Total Equity	2 888 000	3 179 000	2 812 000	2 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	372 000	439 000	360 000	325 000
Unpaid Taxes	670 000	445 000	538 000	701 000
Dividends	4 000 000	2 000 000	2 000 000	2 000 000
Other Current Debt	1 590 000	1 000 000	939 000	1 302 000
Total Current Debt	7 597 000	4 450 000	4 468 000	4 850 000
Total Equity and Debt	10 485 000	7 629 000	7 280 000	6 975 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,43 %	74,46 %	95,55 %	105,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,93 %	20,08 %	26,56 %	18,75 %
Current Ratio	1,37	1,69	1,62	1,43
Quick Ratio	1,8	2,64	2,58	2,3
Equity Ratio	0,28	0,42	0,39	0,3
Gross Profit Margin	69,75 %	70,27 %	77,57 %	78,22 %