MARINEWIDE AS

9009 TROMSØ

Finances

Share Ownership

Return on Equity

82,35 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	531 000	449 000	244 000
Net Income	140 000	25 000	−24 000
Total Assets	314 000	267 000	135 000
Total Equity	170 000	31 000	6 000

Income (NOK)	2022	2021	2020
Revenue	531 000	449 000	244 000
Expenditure	350 000	416 000	274 000
Operating Profit	180 000	33 000	−31 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	179 000	32 000	−31 000
Tax	39 000	7 000	−7 000
Net Income	140 000	25 000	−24 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	70 000	77 000	126 000
Total Current Assets	244 000	189 000	8 000
Total Assets	314 000	267 000	135 000
Total Retained Equity	140 000	1 000	−24 000
Total Equity	170 000	31 000	6 000
Total Long-Term Debt	0	0	0
Total Current Debt	144 000	236 000	129 000
Total Equity and Debt	314 000	267 000	135 000

Cash flow (NOK)	2022	2021	2020
Sales Income	531 000	449 000	244 000
Other Income	0	0	0
Revenue	531 000	449 000	244 000
Cost of Goods Sold	26 000	6 000	0
Salary Costs	108 000	224 000	226 000
Depreciation	49 000	42 000	7 000
Impairment	0	0	0
Expenditure	350 000	416 000	274 000
Operating Profit	180 000	33 000	−31 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	0
Net Income	140 000	25 000	−24 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	7 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	70 000	77 000	120 000
Total Tangible Assets	70 000	77 000	120 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	70 000	77 000	126 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	244 000	189 000	8 000
Total Current Assets	244 000	189 000	8 000
Total Assets	314 000	267 000	135 000
Total Equity	170 000	31 000	6 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	−33 000
Unpaid Taxes	13 000	77 000	0
Dividends	0	0	0
Other Current Debt	92 000	159 000	162 000
Total Current Debt	144 000	236 000	129 000
Total Equity and Debt	314 000	267 000	135 000

Financial indicators	2022	2021	2020
Return on Equity	82,35 %	80,65 %	−400 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	33,9 %	7,35 %	−12,7 %
Current Ratio	1,69	0,8	0,06
Quick Ratio	1,69	0,8	0,06
Equity Ratio	0,54	0,12	0,04
Gross Profit Margin	95,1 %	98,66 %	100 %