MARECO AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

45,43 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 022 000	1 630 000	1 147 000	885 000
Net Income	189 000	182 000	103 000	67 000
Total Assets	1 117 000	826 000	451 000	333 000
Total Equity	416 000	377 000	195 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 022 000	1 630 000	1 147 000	885 000
Expenditure	2 764 000	1 395 000	1 012 000	800 000
Operating Profit	259 000	235 000	135 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	2 000	0
Financial Balance	0	−2 000	−2 000	0
Earnings Before Tax	258 000	234 000	133 000	85 000
Tax	70 000	52 000	30 000	18 000
Net Income	189 000	182 000	103 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	73 000	27 000	0
Total Current Assets	938 000	753 000	423 000	333 000
Total Assets	1 117 000	826 000	451 000	333 000
Total Retained Equity	386 000	347 000	165 000	67 000
Total Equity	416 000	377 000	195 000	91 000
Total Long-Term Debt	60 000	0	0	0
Total Current Debt	642 000	449 000	256 000	242 000
Total Equity and Debt	1 117 000	826 000	451 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 019 000	1 615 000	1 147 000	885 000
Other Income	3 000	15 000	0	0
Revenue	3 022 000	1 630 000	1 147 000	885 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 620 000	1 245 000	896 000	648 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 764 000	1 395 000	1 012 000	800 000
Operating Profit	259 000	235 000	135 000	85 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	2 000	0
Financial Balance	0	−2 000	−2 000	0
Dividends	150 000	0	0	0
Net Income	189 000	182 000	103 000	67 000

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	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	161 000	73 000	27 000	0
Total Fixed Assets	179 000	73 000	27 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	926 000	740 000	406 000	329 000
Total Current Assets	938 000	753 000	423 000	333 000
Total Assets	1 117 000	826 000	451 000	333 000
Total Equity	416 000	377 000	195 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	0	0	0
Creditors	3 000	11 000	24 000	9 000
Unpaid Taxes	212 000	241 000	95 000	153 000
Dividends	150 000	0	0	0
Other Current Debt	207 000	146 000	107 000	61 000
Total Current Debt	642 000	449 000	256 000	242 000
Total Equity and Debt	1 117 000	826 000	451 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,43 %	48,28 %	52,82 %	73,63 %
Debt-to-Equity Ratio	0,14	0	0	0
Operating Profit Margin	8,57 %	14,42 %	11,77 %	9,6 %
Current Ratio	1,46	1,68	1,65	1,38
Quick Ratio	1,46	1,68	1,65	1,38
Equity Ratio	0,37	0,46	0,43	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %