MARWELL AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

122,58 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 197 000	13 732 000	30 306 000	10 383 000
Net Income	1 558 000	741 000	148 000	652 000
Total Assets	9 057 000	3 432 000	4 569 000	4 892 000
Total Equity	1 271 000	1 480 000	739 000	1 852 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 197 000	13 732 000	30 306 000	10 383 000
Expenditure	9 909 000	13 001 000	29 944 000	9 504 000
Operating Profit	2 288 000	730 000	362 000	878 000
Financial Income	162 000	319 000	1 573 000	99 000
Financial Costs	449 000	285 000	1 946 000	201 000
Financial Balance	−287 000	34 000	−373 000	−102 000
Earnings Before Tax	2 001 000	764 000	−10 000	776 000
Tax	444 000	23 000	−158 000	124 000
Net Income	1 558 000	741 000	148 000	652 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	372 000	1 597 000	563 000	203 000
Total Current Assets	8 685 000	1 835 000	4 006 000	4 690 000
Total Assets	9 057 000	3 432 000	4 569 000	4 892 000
Total Retained Equity	1 229 000	1 360 000	619 000	652 000
Total Equity	1 271 000	1 480 000	739 000	1 852 000
Total Long-Term Debt	0	137 000	198 000	6 000
Total Current Debt	7 786 000	1 815 000	3 631 000	3 035 000
Total Equity and Debt	9 057 000	3 432 000	4 569 000	4 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 197 000	13 732 000	30 306 000	10 383 000
Other Income	0	0	0	0
Revenue	12 197 000	13 732 000	30 306 000	10 383 000
Cost of Goods Sold	3 254 000	7 416 000	22 662 000	6 978 000
Salary Costs	3 313 000	2 135 000	4 545 000	1 503 000
Depreciation	131 000	346 000	112 000	16 000
Impairment	0	0	0	0
Expenditure	9 909 000	13 001 000	29 944 000	9 504 000
Operating Profit	2 288 000	730 000	362 000	878 000
Financial Income	162 000	319 000	1 573 000	99 000
Financial Costs	449 000	285 000	1 946 000	201 000
Financial Balance	−287 000	34 000	−373 000	−102 000
Dividends	0	0	180 000	0
Net Income	1 558 000	741 000	148 000	652 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	141 000	1 234 000	152 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	105 000	148 000	107 000	137 000
Fixtures	127 000	214 000	304 000	66 000
Total Tangible Assets	232 000	363 000	411 000	203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	372 000	1 597 000	563 000	203 000
Stock	0	0	0	77 000
Total Investments	0	0	0	0
Cash, Bank	287 000	171 000	1 976 000	1 609 000
Total Current Assets	8 685 000	1 835 000	4 006 000	4 690 000
Total Assets	9 057 000	3 432 000	4 569 000	4 892 000
Total Equity	1 271 000	1 480 000	739 000	1 852 000
Short-Term Group Debt	1 886 000	0	0	0
Total Long-Term Debt	0	137 000	198 000	6 000
Creditors	328 000	327 000	1 095 000	2 042 000
Unpaid Taxes	153 000	163 000	354 000	218 000
Dividends	0	0	180 000	0
Other Current Debt	1 198 000	466 000	1 683 000	222 000
Total Current Debt	7 786 000	1 815 000	3 631 000	3 035 000
Total Equity and Debt	9 057 000	3 432 000	4 569 000	4 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,58 %	50,07 %	20,03 %	35,21 %
Debt-to-Equity Ratio	0	0,09	0,27	0
Operating Profit Margin	18,76 %	5,32 %	1,19 %	8,46 %
Current Ratio	1,12	1,01	1,1	1,55
Quick Ratio	1,12	1,01	1,1	1,59
Equity Ratio	0,14	0,43	0,16	0,38
Gross Profit Margin	73,32 %	45,99 %	25,22 %	32,79 %