MARINE METALL AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

−8,28 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020
Revenue	6 160 000	4 295 000	2 939 000
Net Income	203 000	−1 223 000	−1 461 000
Total Assets	1 859 000	649 000	1 834 000
Total Equity	−2 452 000	−2 654 000	−1 431 000

Income (NOK)	2022	2021	2020
Revenue	6 160 000	4 295 000	2 939 000
Expenditure	6 532 000	5 415 000	4 328 000
Operating Profit	−374 000	−1 121 000	−1 389 000
Financial Income	9 000	7 000	0
Financial Costs	132 000	109 000	73 000
Financial Balance	−123 000	−102 000	−73 000
Earnings Before Tax	−497 000	−1 223 000	−1 461 000
Tax	−700 000	0	0
Net Income	203 000	−1 223 000	−1 461 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 019 000	419 000	455 000
Total Current Assets	841 000	230 000	1 379 000
Total Assets	1 859 000	649 000	1 834 000
Total Retained Equity	−2 482 000	−2 684 000	−1 461 000
Total Equity	−2 452 000	−2 654 000	−1 431 000
Total Long-Term Debt	1 489 000	1 666 000	1 438 000
Total Current Debt	2 822 000	1 637 000	1 827 000
Total Equity and Debt	1 859 000	649 000	1 834 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 160 000	4 155 000	2 919 000
Other Income	0	140 000	20 000
Revenue	6 160 000	4 295 000	2 939 000
Cost of Goods Sold	2 605 000	816 000	588 000
Salary Costs	2 794 000	3 045 000	2 322 000
Depreciation	136 000	126 000	92 000
Impairment	0	0	0
Expenditure	6 532 000	5 415 000	4 328 000
Operating Profit	−374 000	−1 121 000	−1 389 000
Financial Income	9 000	7 000	0
Financial Costs	132 000	109 000	73 000
Financial Balance	−123 000	−102 000	−73 000
Dividends	0	0	0
Net Income	203 000	−1 223 000	−1 461 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	700 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	319 000	419 000	455 000
Total Tangible Assets	319 000	419 000	455 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 019 000	419 000	455 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	24 000	34 000	48 000
Total Current Assets	841 000	230 000	1 379 000
Total Assets	1 859 000	649 000	1 834 000
Total Equity	−2 452 000	−2 654 000	−1 431 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 489 000	1 666 000	1 438 000
Creditors	1 142 000	447 000	473 000
Unpaid Taxes	325 000	229 000	236 000
Dividends	0	0	0
Other Current Debt	367 000	393 000	229 000
Total Current Debt	2 822 000	1 637 000	1 827 000
Total Equity and Debt	1 859 000	649 000	1 834 000

Financial indicators	2022	2021	2020
Return on Equity	−8,28 %	46,08 %	102,1 %
Debt-to-Equity Ratio	−0,61	−0,63	−1
Operating Profit Margin	−6,07 %	−26,1 %	−47,26 %
Current Ratio	0,3	0,14	0,75
Quick Ratio	0,3	0,14	0,75
Equity Ratio	−1,32	−4,09	−0,78
Gross Profit Margin	57,71 %	81 %	79,99 %