NORWEGIAN MARINE SYSTEMS AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−0,4 %

Current Ratio

5,1

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−12 000	−25 000	−23 000	−40 000
Total Assets	4 763 000	5 889 000	7 300 000	9 063 000
Total Equity	3 032 000	3 739 000	4 623 000	5 729 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	32 000	29 000	51 000
Operating Profit	−19 000	−32 000	−29 000	−51 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Earnings Before Tax	−16 000	−32 000	−29 000	−51 000
Tax	−3 000	−7 000	−6 000	−11 000
Net Income	−12 000	−25 000	−23 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 763 000	5 889 000	7 300 000	9 063 000
Total Assets	4 763 000	5 889 000	7 300 000	9 063 000
Total Retained Equity	1 423 000	2 130 000	3 015 000	4 120 000
Total Equity	3 032 000	3 739 000	4 623 000	5 729 000
Total Long-Term Debt	798 000	998 000	1 247 000	1 559 000
Total Current Debt	934 000	1 152 000	1 430 000	1 776 000
Total Equity and Debt	4 763 000	5 889 000	7 300 000	9 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	32 000	29 000	51 000
Operating Profit	−19 000	−32 000	−29 000	−51 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Dividends	0	0	0	0
Net Income	−12 000	−25 000	−23 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	5 889 000	14 000	47 000
Total Current Assets	4 763 000	5 889 000	7 300 000	9 063 000
Total Assets	4 763 000	5 889 000	7 300 000	9 063 000
Total Equity	3 032 000	3 739 000	4 623 000	5 729 000
Short-Term Group Debt	891 000	1 102 000	1 388 000	1 726 000
Total Long-Term Debt	798 000	998 000	1 247 000	1 559 000
Creditors	2 000	0	10 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	40 000	50 000	32 000	50 000
Total Current Debt	934 000	1 152 000	1 430 000	1 776 000
Total Equity and Debt	4 763 000	5 889 000	7 300 000	9 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,4 %	−0,67 %	−0,5 %	−0,7 %
Debt-to-Equity Ratio	0,26	0,27	0,27	0,27
Operating Profit Margin	-	-	-	-
Current Ratio	5,1	5,11	5,1	5,1
Quick Ratio	5,1	5,11	5,1	5,1
Equity Ratio	0,64	0,63	0,63	0,63
Gross Profit Margin	-	-	-	-