MARINE POWER INTERNATIONAL LTD FILIAL AV UTENLANDSK AKSJESELSKAP

1396 BILLINGSTAD

Finances

Return on Equity

744,88 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	522 741 000	552 652 000	373 779 000	326 684 000
Net Income	9 825 000	48 728 000	16 460 000	19 862 000
Total Assets	113 524 000	135 803 000	98 869 000	76 007 000
Total Equity	1 319 000	1 539 000	40 831 000	24 371 000

Income (NOK)	2022	2021	2020	2019
Revenue	522 741 000	552 652 000	373 779 000	326 684 000
Expenditure	511 601 000	493 276 000	346 988 000	300 178 000
Operating Profit	11 140 000	59 375 000	26 790 000	26 506 000
Financial Income	1 906 000	4 335 000	25 000	988 000
Financial Costs	168 000	1 105 000	5 703 000	1 890 000
Financial Balance	1 738 000	3 230 000	−5 678 000	−902 000
Earnings Before Tax	12 878 000	62 605 000	21 112 000	25 604 000
Tax	3 053 000	13 878 000	4 652 000	5 742 000
Net Income	9 825 000	48 728 000	16 460 000	19 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 487 000	4 876 000	3 956 000	2 532 000
Total Current Assets	111 038 000	130 926 000	94 913 000	73 475 000
Total Assets	113 524 000	135 803 000	98 869 000	76 007 000
Total Retained Equity	0	0	0	0
Total Equity	1 319 000	1 539 000	40 831 000	24 371 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	112 205 000	134 264 000	58 038 000	51 636 000
Total Equity and Debt	113 524 000	135 803 000	98 869 000	76 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	522 741 000	552 652 000	373 779 000	326 684 000
Other Income	0	0	0	0
Revenue	522 741 000	552 652 000	373 779 000	326 684 000
Cost of Goods Sold	483 741 000	467 064 000	322 340 000	277 787 000
Salary Costs	16 058 000	15 384 000	17 880 000	14 032 000
Depreciation	15 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	511 601 000	493 276 000	346 988 000	300 178 000
Operating Profit	11 140 000	59 375 000	26 790 000	26 506 000
Financial Income	1 906 000	4 335 000	25 000	988 000
Financial Costs	168 000	1 105 000	5 703 000	1 890 000
Financial Balance	1 738 000	3 230 000	−5 678 000	−902 000
Dividends	0	0	0	0
Net Income	9 825 000	48 728 000	16 460 000	19 862 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 421 000	2 515 000	2 028 000	842 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	64 000	0	0
Total Tangible Assets	65 000	64 000	0	0
Total Fiancial Fixed Assets	0	2 297 000	1 928 000	1 690 000
Total Fixed Assets	2 487 000	4 876 000	3 956 000	2 532 000
Stock	16 659 000	8 674 000	6 986 000	7 633 000
Total Investments	0	0	0	0
Cash, Bank	4 677 000	11 382 000	3 031 000	6 178 000
Total Current Assets	111 038 000	130 926 000	94 913 000	73 475 000
Total Assets	113 524 000	135 803 000	98 869 000	76 007 000
Total Equity	1 319 000	1 539 000	40 831 000	24 371 000
Short-Term Group Debt	80 798 000	93 185 000	17 771 000	1 196 000
Total Long-Term Debt	0	0	0	0
Creditors	4 909 000	5 098 000	2 662 000	4 295 000
Unpaid Taxes	11 418 000	17 310 000	15 966 000	10 219 000
Dividends	0	0	0	0
Other Current Debt	14 953 000	18 078 000	15 801 000	30 240 000
Total Current Debt	112 205 000	134 264 000	58 038 000	51 636 000
Total Equity and Debt	113 524 000	135 803 000	98 869 000	76 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	744,88 %	3 166,21 %	40,31 %	81,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,13 %	10,74 %	7,17 %	8,11 %
Current Ratio	0,99	0,98	1,64	1,42
Quick Ratio	1,16	1,04	1,86	1,67
Equity Ratio	0,01	0,01	0,41	0,32
Gross Profit Margin	7,46 %	15,49 %	13,76 %	14,97 %