AS MARIN ELEKTRO

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

6,49 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 341 000	24 409 000	34 587 000	26 002 000
Net Income	276 000	326 000	1 055 000	−2 231 000
Total Assets	14 091 000	11 417 000	15 802 000	15 129 000
Total Equity	4 253 000	3 976 000	3 750 000	4 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 341 000	24 409 000	34 587 000	26 002 000
Expenditure	29 851 000	23 945 000	33 068 000	28 987 000
Operating Profit	490 000	464 000	1 520 000	−2 986 000
Financial Income	27 000	3 000	27 000	41 000
Financial Costs	162 000	85 000	147 000	130 000
Financial Balance	−135 000	−82 000	−120 000	−89 000
Earnings Before Tax	354 000	382 000	1 400 000	−3 075 000
Tax	78 000	55 000	345 000	−844 000
Net Income	276 000	326 000	1 055 000	−2 231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	896 000	560 000	824 000	1 547 000
Total Current Assets	13 195 000	10 857 000	14 978 000	13 582 000
Total Assets	14 091 000	11 417 000	15 802 000	15 129 000
Total Retained Equity	4 153 000	3 876 000	3 650 000	4 095 000
Total Equity	4 253 000	3 976 000	3 750 000	4 195 000
Total Long-Term Debt	2 349 000	2 015 000	2 409 000	3 183 000
Total Current Debt	7 490 000	5 426 000	9 643 000	7 751 000
Total Equity and Debt	14 091 000	11 417 000	15 802 000	15 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 185 000	24 387 000	34 554 000	25 972 000
Other Income	156 000	23 000	33 000	30 000
Revenue	30 341 000	24 409 000	34 587 000	26 002 000
Cost of Goods Sold	12 063 000	6 062 000	12 452 000	7 976 000
Salary Costs	13 444 000	14 334 000	15 866 000	14 962 000
Depreciation	121 000	16 000	6 000	0
Impairment	0	0	0	0
Expenditure	29 851 000	23 945 000	33 068 000	28 987 000
Operating Profit	490 000	464 000	1 520 000	−2 986 000
Financial Income	27 000	3 000	27 000	41 000
Financial Costs	162 000	85 000	147 000	130 000
Financial Balance	−135 000	−82 000	−120 000	−89 000
Dividends	0	100 000	1 500 000	0
Net Income	276 000	326 000	1 055 000	−2 231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	455 000	533 000	588 000	934 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	441 000	27 000	43 000	0
Total Tangible Assets	441 000	27 000	43 000	0
Total Fiancial Fixed Assets	0	0	193 000	613 000
Total Fixed Assets	896 000	560 000	824 000	1 547 000
Stock	2 015 000	1 820 000	1 643 000	1 762 000
Total Investments	0	0	0	0
Cash, Bank	883 000	1 235 000	1 777 000	28 000
Total Current Assets	13 195 000	10 857 000	14 978 000	13 582 000
Total Assets	14 091 000	11 417 000	15 802 000	15 129 000
Total Equity	4 253 000	3 976 000	3 750 000	4 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 349 000	2 015 000	2 409 000	3 183 000
Creditors	1 956 000	1 046 000	1 318 000	3 041 000
Unpaid Taxes	1 624 000	1 777 000	3 476 000	1 453 000
Dividends	0	100 000	1 500 000	0
Other Current Debt	2 850 000	2 503 000	3 350 000	2 762 000
Total Current Debt	7 490 000	5 426 000	9 643 000	7 751 000
Total Equity and Debt	14 091 000	11 417 000	15 802 000	15 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,49 %	8,2 %	28,13 %	−53,18 %
Debt-to-Equity Ratio	0,55	0,51	0,64	0,76
Operating Profit Margin	1,61 %	1,9 %	4,39 %	−11,48 %
Current Ratio	1,76	2	1,55	1,75
Quick Ratio	2,41	3,01	1,87	2,27
Equity Ratio	0,3	0,35	0,24	0,28
Gross Profit Margin	60,24 %	75,16 %	64 %	69,33 %