NORMANN MARITIME AS

7036 TRONDHEIM

Finances

Share Ownership

Return on Equity

26,86 %

Current Ratio

Debt-to-Equity Ratio

−2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	192 000	740 000	616 000	75 000
Net Income	−141 000	−72 000	−123 000	−161 000
Total Assets	823 000	1 107 000	1 187 000	943 000
Total Equity	−525 000	−277 000	−205 000	−82 000

Income (NOK)	2022	2021	2020	2019
Revenue	192 000	740 000	616 000	75 000
Expenditure	261 000	770 000	729 000	241 000
Operating Profit	−69 000	−30 000	−113 000	−166 000
Financial Income	0	0	0	0
Financial Costs	71 000	62 000	45 000	41 000
Financial Balance	−71 000	−62 000	−45 000	−41 000
Earnings Before Tax	−141 000	−93 000	−157 000	−207 000
Tax	0	−20 000	−35 000	−45 000
Net Income	−141 000	−72 000	−123 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	823 000	1 081 000	1 187 000	921 000
Total Current Assets	0	26 000	0	22 000
Total Assets	823 000	1 107 000	1 187 000	943 000
Total Retained Equity	−544 000	−296 000	−224 000	−101 000
Total Equity	−525 000	−277 000	−205 000	−82 000
Total Long-Term Debt	1 119 000	1 134 000	811 000	772 000
Total Current Debt	229 000	250 000	581 000	254 000
Total Equity and Debt	823 000	1 107 000	1 187 000	943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	192 000	740 000	616 000	113 000
Other Income	0	0	0	−38 000
Revenue	192 000	740 000	616 000	75 000
Cost of Goods Sold	25 000	251 000	87 000	3 000
Salary Costs	0	21 000	176 000	0
Depreciation	151 000	150 000	139 000	114 000
Impairment	0	0	0	0
Expenditure	261 000	770 000	729 000	241 000
Operating Profit	−69 000	−30 000	−113 000	−166 000
Financial Income	0	0	0	0
Financial Costs	71 000	62 000	45 000	41 000
Financial Balance	−71 000	−62 000	−45 000	−41 000
Dividends	0	0	0	0
Net Income	−141 000	−72 000	−123 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	107 000	87 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	6 000
Total Tangible Assets	823 000	974 000	1 100 000	869 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	823 000	1 081 000	1 187 000	921 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	0	26 000	0	22 000
Total Assets	823 000	1 107 000	1 187 000	943 000
Total Equity	−525 000	−277 000	−205 000	−82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 119 000	1 134 000	811 000	772 000
Creditors	27 000	33 000	402 000	23 000
Unpaid Taxes	9 000	2 000	−5 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	7 000
Total Current Debt	229 000	250 000	581 000	254 000
Total Equity and Debt	823 000	1 107 000	1 187 000	943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,86 %	25,99 %	60 %	196,34 %
Debt-to-Equity Ratio	−2,13	−4,09	−3,96	−9,41
Operating Profit Margin	−35,94 %	−4,05 %	−18,34 %	−221,33 %
Current Ratio	0	0,1	0	0,09
Quick Ratio	0	0,1	0	0,09
Equity Ratio	−0,64	−0,25	−0,17	−0,09
Gross Profit Margin	86,98 %	66,08 %	85,88 %	96 %