MARITIME PROJECTS AS

1470 LØRENSKOG

Finances

Share Ownership

Return on Equity

40,62 %

Current Ratio

3,45

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 150 000	3 470 000	7 728 000	6 698 000
Net Income	277 000	−656 000	2 102 000	1 404 000
Total Assets	1 507 000	1 432 000	4 290 000	2 498 000
Total Equity	682 000	405 000	1 061 000	459 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 150 000	3 470 000	7 728 000	6 698 000
Expenditure	1 851 000	4 171 000	5 028 000	4 898 000
Operating Profit	298 000	−700 000	2 700 000	1 800 000
Financial Income	0	0	4 000	1 000
Financial Costs	22 000	16 000	8 000	0
Financial Balance	−22 000	−16 000	−4 000	1 000
Earnings Before Tax	277 000	−716 000	2 696 000	1 800 000
Tax	0	−60 000	595 000	396 000
Net Income	277 000	−656 000	2 102 000	1 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	628 000	864 000	1 100 000	0
Total Current Assets	879 000	568 000	3 190 000	2 498 000
Total Assets	1 507 000	1 432 000	4 290 000	2 498 000
Total Retained Equity	652 000	375 000	1 031 000	429 000
Total Equity	682 000	405 000	1 061 000	459 000
Total Long-Term Debt	570 000	659 000	801 000	0
Total Current Debt	255 000	368 000	2 427 000	2 039 000
Total Equity and Debt	1 507 000	1 432 000	4 290 000	2 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 150 000	3 470 000	7 728 000	6 698 000
Other Income	0	0	0	0
Revenue	2 150 000	3 470 000	7 728 000	6 698 000
Cost of Goods Sold	9 000	118 000	519 000	1 796 000
Salary Costs	1 311 000	3 332 000	3 798 000	2 014 000
Depreciation	236 000	236 000	79 000	0
Impairment	0	0	0	0
Expenditure	1 851 000	4 171 000	5 028 000	4 898 000
Operating Profit	298 000	−700 000	2 700 000	1 800 000
Financial Income	0	0	4 000	1 000
Financial Costs	22 000	16 000	8 000	0
Financial Balance	−22 000	−16 000	−4 000	1 000
Dividends	0	0	0	0
Net Income	277 000	−656 000	2 102 000	1 404 000

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	628 000	864 000	1 100 000	0
Total Tangible Assets	628 000	864 000	1 100 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	628 000	864 000	1 100 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	588 000	521 000	2 445 000	2 290 000
Total Current Assets	879 000	568 000	3 190 000	2 498 000
Total Assets	1 507 000	1 432 000	4 290 000	2 498 000
Total Equity	682 000	405 000	1 061 000	459 000
Short-Term Group Debt	0	0	1 500 000	1 000 000
Total Long-Term Debt	570 000	659 000	801 000	0
Creditors	0	13 000	23 000	11 000
Unpaid Taxes	121 000	152 000	197 000	188 000
Dividends	0	0	0	0
Other Current Debt	134 000	202 000	173 000	444 000
Total Current Debt	255 000	368 000	2 427 000	2 039 000
Total Equity and Debt	1 507 000	1 432 000	4 290 000	2 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,62 %	−161,98 %	198,11 %	305,88 %
Debt-to-Equity Ratio	0,84	1,63	0,75	0
Operating Profit Margin	13,86 %	−20,17 %	34,94 %	26,87 %
Current Ratio	3,45	1,54	1,31	1,23
Quick Ratio	3,45	1,54	1,31	1,23
Equity Ratio	0,45	0,28	0,25	0,18
Gross Profit Margin	99,58 %	96,6 %	93,28 %	73,19 %