MELING MARINESERVICE AS

4154 AUSTRE ÅMØY

Finances

Share Ownership

Return on Equity

−13,25 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 270 000	3 115 000	2 391 000	2 464 000
Net Income	−71 000	502 000	−67 000	247 000
Total Assets	1 282 000	1 031 000	910 000	873 000
Total Equity	536 000	607 000	604 000	671 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 270 000	3 115 000	2 391 000	2 464 000
Expenditure	4 404 000	2 456 000	2 461 000	2 288 000
Operating Profit	−79 000	645 000	−90 000	311 000
Financial Income	0	0	4 000	7 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	4 000	6 000
Earnings Before Tax	−80 000	644 000	−86 000	317 000
Tax	−9 000	142 000	−19 000	70 000
Net Income	−71 000	502 000	−67 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	419 000	233 000	146 000
Total Current Assets	773 000	612 000	677 000	727 000
Total Assets	1 282 000	1 031 000	910 000	873 000
Total Retained Equity	436 000	507 000	504 000	571 000
Total Equity	536 000	607 000	604 000	671 000
Total Long-Term Debt	0	9 000	3 000	32 000
Total Current Debt	746 000	415 000	303 000	169 000
Total Equity and Debt	1 282 000	1 031 000	910 000	873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 270 000	3 115 000	2 380 000	2 464 000
Other Income	0	0	11 000	0
Revenue	4 270 000	3 115 000	2 391 000	2 464 000
Cost of Goods Sold	1 861 000	1 056 000	1 180 000	1 129 000
Salary Costs	1 327 000	684 000	534 000	447 000
Depreciation	124 000	63 000	61 000	38 000
Impairment	0	0	0	0
Expenditure	4 404 000	2 456 000	2 461 000	2 288 000
Operating Profit	−79 000	645 000	−90 000	311 000
Financial Income	0	0	4 000	7 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	4 000	6 000
Dividends	0	500 000	0	100 000
Net Income	−71 000	502 000	−67 000	247 000

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	495 000	404 000	218 000	131 000
Total Tangible Assets	495 000	404 000	218 000	131 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	510 000	419 000	233 000	146 000
Stock	157 000	103 000	116 000	136 000
Total Investments	0	0	0	0
Cash, Bank	529 000	415 000	512 000	192 000
Total Current Assets	773 000	612 000	677 000	727 000
Total Assets	1 282 000	1 031 000	910 000	873 000
Total Equity	536 000	607 000	604 000	671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	3 000	32 000
Creditors	179 000	114 000	192 000	9 000
Unpaid Taxes	162 000	95 000	35 000	42 000
Dividends	0	500 000	0	100 000
Other Current Debt	406 000	71 000	66 000	77 000
Total Current Debt	746 000	415 000	303 000	169 000
Total Equity and Debt	1 282 000	1 031 000	910 000	873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,25 %	82,7 %	−11,09 %	36,81 %
Debt-to-Equity Ratio	0	0,01	0	0,05
Operating Profit Margin	−1,85 %	20,71 %	−3,76 %	12,62 %
Current Ratio	1,04	1,47	2,23	4,3
Quick Ratio	1,31	1,96	3,62	22,03
Equity Ratio	0,42	0,59	0,66	0,77
Gross Profit Margin	56,42 %	66,1 %	50,65 %	54,18 %