MARITIME ENGINEERING MANAGEMENT AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

17,69 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 763 000	4 963 000	3 796 000	1 229 000
Net Income	49 000	412 000	−327 000	94 000
Total Assets	472 000	604 000	402 000	376 000
Total Equity	277 000	229 000	−183 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 763 000	4 963 000	3 796 000	1 229 000
Expenditure	4 705 000	4 424 000	4 222 000	1 109 000
Operating Profit	58 000	537 000	−425 000	120 000
Financial Income	1 000	1 000	10 000	0
Financial Costs	4 000	3 000	4 000	0
Financial Balance	−3 000	−2 000	6 000	0
Earnings Before Tax	55 000	536 000	−419 000	120 000
Tax	6 000	124 000	−92 000	26 000
Net Income	49 000	412 000	−327 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	60 000	107 000	0
Total Current Assets	406 000	545 000	295 000	376 000
Total Assets	472 000	604 000	402 000	376 000
Total Retained Equity	227 000	179 000	−233 000	94 000
Total Equity	277 000	229 000	−183 000	144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	195 000	375 000	586 000	232 000
Total Equity and Debt	472 000	604 000	402 000	376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 673 000	4 930 000	3 795 000	1 229 000
Other Income	90 000	33 000	2 000	0
Revenue	4 763 000	4 963 000	3 796 000	1 229 000
Cost of Goods Sold	4 149 000	3 981 000	3 881 000	1 040 000
Salary Costs	10 000	3 000	0	0
Depreciation	16 000	16 000	9 000	0
Impairment	0	0	0	0
Expenditure	4 705 000	4 424 000	4 222 000	1 109 000
Operating Profit	58 000	537 000	−425 000	120 000
Financial Income	1 000	1 000	10 000	0
Financial Costs	4 000	3 000	4 000	0
Financial Balance	−3 000	−2 000	6 000	0
Dividends	0	0	0	0
Net Income	49 000	412 000	−327 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	−6 000	72 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	33 000	42 000	36 000	0
Fixtures	31 000	24 000	0	0
Total Tangible Assets	65 000	65 000	36 000	0
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	66 000	60 000	107 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	289 000	42 000	22 000
Total Current Assets	406 000	545 000	295 000	376 000
Total Assets	472 000	604 000	402 000	376 000
Total Equity	277 000	229 000	−183 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	271 000	440 000	885 000	343 000
Unpaid Taxes	−96 000	−125 000	−272 000	−137 000
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	−7 000	0
Total Current Debt	195 000	375 000	586 000	232 000
Total Equity and Debt	472 000	604 000	402 000	376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,69 %	179,91 %	178,69 %	65,28 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	1,22 %	10,82 %	−11,2 %	9,76 %
Current Ratio	2,08	1,45	0,5	1,62
Quick Ratio	2,08	1,45	0,5	1,62
Equity Ratio	0,59	0,38	−0,46	0,38
Gross Profit Margin	12,89 %	19,79 %	−2,24 %	15,38 %