NOR MARITIME SERVICE AS

8409 GULLESFJORD

Finances

Share Ownership

Return on Equity

34,69 %

Current Ratio

2,42

Debt-to-Equity Ratio

11,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 971 000	9 120 000	6 088 000	2 710 000
Net Income	323 000	−398 000	786 000	242 000
Total Assets	13 023 000	13 344 000	14 475 000	734 000
Total Equity	931 000	607 000	1 005 000	280 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 971 000	9 120 000	6 088 000	2 710 000
Expenditure	7 930 000	9 037 000	4 726 000	2 399 000
Operating Profit	1 042 000	84 000	1 362 000	311 000
Financial Income	14 000	10 000	3 000	2 000
Financial Costs	620 000	598 000	357 000	3 000
Financial Balance	−606 000	−588 000	−354 000	−1 000
Earnings Before Tax	435 000	−504 000	1 007 000	310 000
Tax	112 000	−106 000	222 000	68 000
Net Income	323 000	−398 000	786 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 695 000	9 838 000	10 635 000	244 000
Total Current Assets	4 329 000	3 505 000	3 840 000	489 000
Total Assets	13 023 000	13 344 000	14 475 000	734 000
Total Retained Equity	901 000	577 000	981 000	255 000
Total Equity	931 000	607 000	1 005 000	280 000
Total Long-Term Debt	10 307 000	11 364 000	12 577 000	3 000
Total Current Debt	1 786 000	1 372 000	893 000	451 000
Total Equity and Debt	13 023 000	13 344 000	14 475 000	734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 558 000	9 120 000	6 088 000	2 582 000
Other Income	1 414 000	0	0	128 000
Revenue	8 971 000	9 120 000	6 088 000	2 710 000
Cost of Goods Sold	1 828 000	1 737 000	178 000	46 000
Salary Costs	2 610 000	3 331 000	1 992 000	1 179 000
Depreciation	1 121 000	1 080 000	593 000	24 000
Impairment	0	0	0	0
Expenditure	7 930 000	9 037 000	4 726 000	2 399 000
Operating Profit	1 042 000	84 000	1 362 000	311 000
Financial Income	14 000	10 000	3 000	2 000
Financial Costs	620 000	598 000	357 000	3 000
Financial Balance	−606 000	−588 000	−354 000	−1 000
Dividends	0	0	0	0
Net Income	323 000	−398 000	786 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 000	10 000	0	0
Machinery and Plant Facilities	562 000	773 000	328 000	113 000
Fixtures	18 000	28 000	53 000	29 000
Total Tangible Assets	8 610 000	9 727 000	10 487 000	141 000
Total Fiancial Fixed Assets	85 000	112 000	148 000	103 000
Total Fixed Assets	8 695 000	9 838 000	10 635 000	244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 623 000	1 437 000	3 099 000	336 000
Total Current Assets	4 329 000	3 505 000	3 840 000	489 000
Total Assets	13 023 000	13 344 000	14 475 000	734 000
Total Equity	931 000	607 000	1 005 000	280 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 307 000	11 364 000	12 577 000	3 000
Creditors	444 000	423 000	348 000	63 000
Unpaid Taxes	64 000	573 000	261 000	165 000
Dividends	0	0	0	0
Other Current Debt	1 278 000	377 000	285 000	158 000
Total Current Debt	1 786 000	1 372 000	893 000	451 000
Total Equity and Debt	13 023 000	13 344 000	14 475 000	734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,69 %	−65,57 %	78,21 %	86,43 %
Debt-to-Equity Ratio	11,07	18,72	12,51	0,01
Operating Profit Margin	11,62 %	0,92 %	22,37 %	11,48 %
Current Ratio	2,42	2,55	4,3	1,08
Quick Ratio	2,42	2,55	4,3	1,08
Equity Ratio	0,07	0,05	0,07	0,38
Gross Profit Margin	79,62 %	80,95 %	97,08 %	98,3 %