NORTH MARITIME AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

43,1 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 298 000	7 550 000	5 815 000	2 555 000
Net Income	927 000	322 000	550 000	18 000
Total Assets	4 820 000	3 482 000	3 035 000	1 492 000
Total Equity	2 151 000	1 224 000	902 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 298 000	7 550 000	5 815 000	2 555 000
Expenditure	9 927 000	7 112 000	5 078 000	2 490 000
Operating Profit	1 371 000	438 000	736 000	65 000
Financial Income	83 000	18 000	0	1 000
Financial Costs	261 000	42 000	29 000	38 000
Financial Balance	−178 000	−24 000	−29 000	−37 000
Earnings Before Tax	1 193 000	414 000	708 000	27 000
Tax	266 000	92 000	158 000	9 000
Net Income	927 000	322 000	550 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 575 000	737 000	678 000	382 000
Total Current Assets	3 245 000	2 745 000	2 357 000	1 110 000
Total Assets	4 820 000	3 482 000	3 035 000	1 492 000
Total Retained Equity	1 801 000	874 000	552 000	2 000
Total Equity	2 151 000	1 224 000	902 000	352 000
Total Long-Term Debt	706 000	239 000	323 000	383 000
Total Current Debt	1 963 000	2 020 000	1 810 000	757 000
Total Equity and Debt	4 820 000	3 482 000	3 035 000	1 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 268 000	7 186 000	5 815 000	2 547 000
Other Income	30 000	365 000	0	8 000
Revenue	11 298 000	7 550 000	5 815 000	2 555 000
Cost of Goods Sold	808 000	646 000	636 000	314 000
Salary Costs	7 078 000	5 185 000	3 636 000	1 752 000
Depreciation	262 000	177 000	98 000	15 000
Impairment	0	0	0	0
Expenditure	9 927 000	7 112 000	5 078 000	2 490 000
Operating Profit	1 371 000	438 000	736 000	65 000
Financial Income	83 000	18 000	0	1 000
Financial Costs	261 000	42 000	29 000	38 000
Financial Balance	−178 000	−24 000	−29 000	−37 000
Dividends	0	0	0	0
Net Income	927 000	322 000	550 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	627 000	633 000	595 000	340 000
Total Intangible Assets	655 000	660 000	622 000	382 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	424 000	0	43 000	0
Fixtures	496 000	77 000	14 000	0
Total Tangible Assets	920 000	77 000	56 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 575 000	737 000	678 000	382 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 070 000	626 000	701 000	522 000
Total Current Assets	3 245 000	2 745 000	2 357 000	1 110 000
Total Assets	4 820 000	3 482 000	3 035 000	1 492 000
Total Equity	2 151 000	1 224 000	902 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	706 000	239 000	323 000	383 000
Creditors	126 000	74 000	57 000	29 000
Unpaid Taxes	641 000	390 000	389 000	115 000
Dividends	0	0	0	0
Other Current Debt	909 000	1 461 000	1 243 000	613 000
Total Current Debt	1 963 000	2 020 000	1 810 000	757 000
Total Equity and Debt	4 820 000	3 482 000	3 035 000	1 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,1 %	26,31 %	60,98 %	5,11 %
Debt-to-Equity Ratio	0,33	0,2	0,36	1,09
Operating Profit Margin	12,13 %	5,8 %	12,66 %	2,54 %
Current Ratio	1,65	1,36	1,3	1,47
Quick Ratio	1,65	1,36	1,3	1,47
Equity Ratio	0,45	0,35	0,3	0,24
Gross Profit Margin	92,85 %	91,44 %	89,06 %	87,71 %