NOR- DAN MARITIME SERVICE AS

4521 LINDESNES

Finances

Share Ownership

Return on Equity

95,92 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 522 000	6 257 000	5 861 000	2 747 000
Net Income	517 000	436 000	179 000	206 000
Total Assets	3 986 000	2 610 000	998 000	963 000
Total Equity	539 000	922 000	486 000	306 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 522 000	6 257 000	5 861 000	2 747 000
Expenditure	4 859 000	5 698 000	5 630 000	2 481 000
Operating Profit	664 000	559 000	231 000	265 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Earnings Before Tax	663 000	559 000	230 000	265 000
Tax	146 000	123 000	51 000	58 000
Net Income	517 000	436 000	179 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	58 000	73 000	0
Total Current Assets	3 883 000	2 552 000	926 000	963 000
Total Assets	3 986 000	2 610 000	998 000	963 000
Total Retained Equity	439 000	822 000	386 000	206 000
Total Equity	539 000	922 000	486 000	306 000
Total Long-Term Debt	4 000	3 000	4 000	0
Total Current Debt	3 443 000	1 684 000	508 000	656 000
Total Equity and Debt	3 986 000	2 610 000	998 000	963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 522 000	6 257 000	5 861 000	2 747 000
Other Income	0	0	0	0
Revenue	5 522 000	6 257 000	5 861 000	2 747 000
Cost of Goods Sold	1 449 000	2 948 000	3 777 000	1 542 000
Salary Costs	2 865 000	2 399 000	1 562 000	818 000
Depreciation	19 000	15 000	3 000	0
Impairment	0	0	0	0
Expenditure	4 859 000	5 698 000	5 630 000	2 481 000
Operating Profit	664 000	559 000	231 000	265 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Dividends	900 000	0	0	0
Net Income	517 000	436 000	179 000	206 000

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	74 000	58 000	73 000	0
Fixtures	26 000	0	0	0
Total Tangible Assets	100 000	58 000	73 000	0
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	103 000	58 000	73 000	0
Stock	1 270 000	211 000	96 000	73 000
Total Investments	0	0	0	0
Cash, Bank	1 789 000	1 137 000	372 000	140 000
Total Current Assets	3 883 000	2 552 000	926 000	963 000
Total Assets	3 986 000	2 610 000	998 000	963 000
Total Equity	539 000	922 000	486 000	306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	3 000	4 000	0
Creditors	677 000	576 000	134 000	366 000
Unpaid Taxes	150 000	765 000	184 000	160 000
Dividends	900 000	0	0	0
Other Current Debt	1 570 000	219 000	144 000	73 000
Total Current Debt	3 443 000	1 684 000	508 000	656 000
Total Equity and Debt	3 986 000	2 610 000	998 000	963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,92 %	47,29 %	36,83 %	67,32 %
Debt-to-Equity Ratio	0,01	0	0,01	0
Operating Profit Margin	12,02 %	8,93 %	3,94 %	9,65 %
Current Ratio	1,13	1,52	1,82	1,47
Quick Ratio	1,79	1,73	2,25	1,65
Equity Ratio	0,14	0,35	0,49	0,32
Gross Profit Margin	73,76 %	52,88 %	35,56 %	43,87 %