MARINEL SEAFOOD AS

7167 VALLERSUND

Finances

Return on Equity

132,02 %

Current Ratio

33,32

Debt-to-Equity Ratio

−13,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 940 000	3 670 000	79 000	0
Net Income	−2 890 000	−2 806 000	−261 000	−12 000
Total Assets	27 414 000	10 470 000	1 650 000	28 000
Total Equity	−2 189 000	−349 000	−244 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 940 000	3 670 000	79 000	0
Expenditure	20 091 000	6 091 000	328 000	12 000
Operating Profit	−2 152 000	−2 421 000	−248 000	−12 000
Financial Income	233 000	4 000	0	0
Financial Costs	971 000	389 000	13 000	0
Financial Balance	−738 000	−385 000	−13 000	0
Earnings Before Tax	−2 890 000	−2 806 000	−261 000	−12 000
Tax	0	0	0	0
Net Income	−2 890 000	−2 806 000	−261 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 388 000	4 041 000	47 000	28 000
Total Current Assets	20 025 000	6 428 000	1 603 000	0
Total Assets	27 414 000	10 470 000	1 650 000	28 000
Total Retained Equity	−5 969 000	−3 079 000	−274 000	−12 000
Total Equity	−2 189 000	−349 000	−244 000	18 000
Total Long-Term Debt	29 002 000	9 643 000	1 359 000	10 000
Total Current Debt	601 000	1 176 000	535 000	0
Total Equity and Debt	27 414 000	10 470 000	1 650 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 940 000	3 670 000	79 000	0
Other Income	0	0	0	0
Revenue	17 940 000	3 670 000	79 000	0
Cost of Goods Sold	16 305 000	3 499 000	72 000	0
Salary Costs	2 118 000	864 000	173 000	0
Depreciation	117 000	40 000	10 000	12 000
Impairment	0	0	0	0
Expenditure	20 091 000	6 091 000	328 000	12 000
Operating Profit	−2 152 000	−2 421 000	−248 000	−12 000
Financial Income	233 000	4 000	0	0
Financial Costs	971 000	389 000	13 000	0
Financial Balance	−738 000	−385 000	−13 000	0
Dividends	0	0	0	0
Net Income	−2 890 000	−2 806 000	−261 000	−12 000

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	292 000	246 000	37 000	28 000
Total Tangible Assets	292 000	246 000	37 000	28 000
Total Fiancial Fixed Assets	7 096 000	3 795 000	10 000	0
Total Fixed Assets	7 388 000	4 041 000	47 000	28 000
Stock	4 095 000	2 049 000	393 000	0
Total Investments	0	0	0	0
Cash, Bank	986 000	406 000	604 000	0
Total Current Assets	20 025 000	6 428 000	1 603 000	0
Total Assets	27 414 000	10 470 000	1 650 000	28 000
Total Equity	−2 189 000	−349 000	−244 000	18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 002 000	9 643 000	1 359 000	10 000
Creditors	179 000	1 021 000	84 000	0
Unpaid Taxes	103 000	24 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	318 000	132 000	418 000	0
Total Current Debt	601 000	1 176 000	535 000	0
Total Equity and Debt	27 414 000	10 470 000	1 650 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,02 %	804,01 %	106,97 %	−66,67 %
Debt-to-Equity Ratio	−13,25	−27,63	−5,57	0,56
Operating Profit Margin	−12 %	−65,97 %	−313,92 %	-
Current Ratio	33,32	5,47	3	-
Quick Ratio	−5,73	−7,36	11,29	-
Equity Ratio	−0,08	−0,03	−0,15	0,64
Gross Profit Margin	9,11 %	4,66 %	8,86 %	-