MARIN MOTOR AS

9105 KVALØYA

Finances

Share Ownership

Return on Equity

−24,6 %

Current Ratio

1,92

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 836 000	3 347 000	3 613 000	2 993 000
Net Income	−31 000	−232 000	142 000	244 000
Total Assets	750 000	1 015 000	1 412 000	921 000
Total Equity	126 000	157 000	389 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 836 000	3 347 000	3 613 000	2 993 000
Expenditure	2 872 000	3 641 000	3 435 000	2 680 000
Operating Profit	−35 000	−294 000	179 000	312 000
Financial Income	4 000	4 000	3 000	3 000
Financial Costs	5 000	7 000	0	3 000
Financial Balance	−1 000	−3 000	3 000	0
Earnings Before Tax	−37 000	−297 000	182 000	312 000
Tax	−6 000	−65 000	40 000	69 000
Net Income	−31 000	−232 000	142 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	65 000	0	0
Total Current Assets	640 000	950 000	1 412 000	921 000
Total Assets	750 000	1 015 000	1 412 000	921 000
Total Retained Equity	104 000	135 000	367 000	226 000
Total Equity	126 000	157 000	389 000	247 000
Total Long-Term Debt	291 000	0	0	1 000
Total Current Debt	334 000	858 000	1 023 000	673 000
Total Equity and Debt	750 000	1 015 000	1 412 000	921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 836 000	3 347 000	3 602 000	2 993 000
Other Income	0	0	12 000	0
Revenue	2 836 000	3 347 000	3 613 000	2 993 000
Cost of Goods Sold	1 824 000	2 516 000	2 589 000	1 740 000
Salary Costs	725 000	692 000	616 000	601 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 872 000	3 641 000	3 435 000	2 680 000
Operating Profit	−35 000	−294 000	179 000	312 000
Financial Income	4 000	4 000	3 000	3 000
Financial Costs	5 000	7 000	0	3 000
Financial Balance	−1 000	−3 000	3 000	0
Dividends	0	0	0	0
Net Income	−31 000	−232 000	142 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	65 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	0	0	0
Total Tangible Assets	39 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	111 000	65 000	0	0
Stock	352 000	280 000	290 000	259 000
Total Investments	0	0	0	0
Cash, Bank	240 000	551 000	227 000	541 000
Total Current Assets	640 000	950 000	1 412 000	921 000
Total Assets	750 000	1 015 000	1 412 000	921 000
Total Equity	126 000	157 000	389 000	247 000
Short-Term Group Debt	0	184 000	184 000	58 000
Total Long-Term Debt	291 000	0	0	1 000
Creditors	141 000	202 000	133 000	504 000
Unpaid Taxes	88 000	395 000	79 000	6 000
Dividends	0	0	0	0
Other Current Debt	105 000	78 000	586 000	66 000
Total Current Debt	334 000	858 000	1 023 000	673 000
Total Equity and Debt	750 000	1 015 000	1 412 000	921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,6 %	−147,77 %	36,5 %	98,79 %
Debt-to-Equity Ratio	2,31	0	0	0
Operating Profit Margin	−1,23 %	−8,78 %	4,95 %	10,42 %
Current Ratio	1,92	1,11	1,38	1,37
Quick Ratio	−35,56	1,64	1,93	2,22
Equity Ratio	0,17	0,15	0,28	0,27
Gross Profit Margin	35,68 %	24,83 %	28,34 %	41,86 %