MARINE PRO AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

−69,77 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	3 929 000	10 000	65 000
Net Income	−2 068 000	−2 758 000	−504 000	0
Total Assets	4 016 000	3 224 000	935 000	1 515 000
Total Equity	2 964 000	−167 000	−410 000	95 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	3 929 000	10 000	65 000
Expenditure	2 109 000	6 687 000	514 000	65 000
Operating Profit	−2 068 000	−2 758 000	−504 000	−1 000
Financial Income	0	1 000	0	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	−2 068 000	−2 758 000	−504 000	0
Tax	0	0	0	0
Net Income	−2 068 000	−2 758 000	−504 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 511 000	1 737 000	0	10 000
Total Current Assets	505 000	1 487 000	935 000	1 506 000
Total Assets	4 016 000	3 224 000	935 000	1 515 000
Total Retained Equity	−2 310 000	−3 222 000	−464 000	40 000
Total Equity	2 964 000	−167 000	−410 000	95 000
Total Long-Term Debt	0	0	91 000	1 147 000
Total Current Debt	1 052 000	3 392 000	1 254 000	274 000
Total Equity and Debt	4 016 000	3 224 000	935 000	1 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 000	70 000	0	65 000
Other Income	11 000	3 859 000	10 000	0
Revenue	40 000	3 929 000	10 000	65 000
Cost of Goods Sold	5 000	4 000	57 000	87 000
Salary Costs	574 000	2 384 000	432 000	0
Depreciation	0	25 000	10 000	5 000
Impairment	0	0	0	0
Expenditure	2 109 000	6 687 000	514 000	65 000
Operating Profit	−2 068 000	−2 758 000	−504 000	−1 000
Financial Income	0	1 000	0	1 000
Financial Costs	0	1 000	1 000	0
Financial Balance	0	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	−2 068 000	−2 758 000	−504 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 511 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 737 000	0	10 000
Total Tangible Assets	0	1 737 000	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 511 000	1 737 000	0	10 000
Stock	81 000	31 000	511 000	0
Total Investments	0	0	0	0
Cash, Bank	276 000	350 000	215 000	1 250 000
Total Current Assets	505 000	1 487 000	935 000	1 506 000
Total Assets	4 016 000	3 224 000	935 000	1 515 000
Total Equity	2 964 000	−167 000	−410 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	91 000	1 147 000
Creditors	230 000	1 316 000	435 000	202 000
Unpaid Taxes	31 000	68 000	96 000	22 000
Dividends	0	0	0	0
Other Current Debt	791 000	2 008 000	723 000	50 000
Total Current Debt	1 052 000	3 392 000	1 254 000	274 000
Total Equity and Debt	4 016 000	3 224 000	935 000	1 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,77 %	1 651,5 %	122,93 %	0 %
Debt-to-Equity Ratio	0	−0	−0,22	12,07
Operating Profit Margin	−5 170 %	−70,2 %	−5 040 %	−1,54 %
Current Ratio	0,48	0,44	0,75	5,5
Quick Ratio	0,52	0,44	1,26	5,5
Equity Ratio	0,74	−0,05	−0,44	0,06
Gross Profit Margin	87,5 %	99,9 %	−470 %	−33,85 %