FORM MARINE AS

6530 AVERØY

Finances

Return on Equity

−98,72 %

Current Ratio

0,32

Debt-to-Equity Ratio

93,78

Key figures (NOK)	2022	2021	2020
Revenue	9 203 000	7 255 000	2 083 000
Net Income	−231 000	−275 000	−155 000
Total Assets	24 191 000	23 859 000	23 751 000
Total Equity	234 000	465 000	340 000

Income (NOK)	2022	2021	2020
Revenue	9 203 000	7 255 000	2 083 000
Expenditure	8 302 000	6 762 000	1 904 000
Operating Profit	901 000	492 000	180 000
Financial Income	17 000	8 000	0
Financial Costs	1 149 000	775 000	334 000
Financial Balance	−1 132 000	−767 000	−334 000
Earnings Before Tax	−231 000	−275 000	−155 000
Tax	0	0	0
Net Income	−231 000	−275 000	−155 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 546 000	23 005 000	22 782 000
Total Current Assets	645 000	854 000	969 000
Total Assets	24 191 000	23 859 000	23 751 000
Total Retained Equity	−661 000	−430 000	−155 000
Total Equity	234 000	465 000	340 000
Total Long-Term Debt	21 944 000	21 755 000	22 010 000
Total Current Debt	2 013 000	1 639 000	1 401 000
Total Equity and Debt	24 191 000	23 859 000	23 751 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 188 000	7 250 000	1 258 000
Other Income	15 000	5 000	825 000
Revenue	9 203 000	7 255 000	2 083 000
Cost of Goods Sold	1 373 000	1 831 000	468 000
Salary Costs	4 272 000	2 934 000	593 000
Depreciation	962 000	809 000	317 000
Impairment	0	0	0
Expenditure	8 302 000	6 762 000	1 904 000
Operating Profit	901 000	492 000	180 000
Financial Income	17 000	8 000	0
Financial Costs	1 149 000	775 000	334 000
Financial Balance	−1 132 000	−767 000	−334 000
Dividends	0	0	0
Net Income	−231 000	−275 000	−155 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	15 502 000	15 502 000	15 502 000
Real Eastate	0	0	0
Machinery and Plant Facilities	862 000	895 000	677 000
Fixtures	63 000	75 000	88 000
Total Tangible Assets	8 044 000	7 503 000	7 280 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	23 546 000	23 005 000	22 782 000
Stock	0	0	0
Total Investments	25 000	25 000	25 000
Cash, Bank	600 000	459 000	144 000
Total Current Assets	645 000	854 000	969 000
Total Assets	24 191 000	23 859 000	23 751 000
Total Equity	234 000	465 000	340 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 944 000	21 755 000	22 010 000
Creditors	1 524 000	1 192 000	1 235 000
Unpaid Taxes	376 000	272 000	97 000
Dividends	0	0	0
Other Current Debt	112 000	175 000	69 000
Total Current Debt	2 013 000	1 639 000	1 401 000
Total Equity and Debt	24 191 000	23 859 000	23 751 000

Financial indicators	2022	2021	2020
Return on Equity	−98,72 %	−59,14 %	−45,59 %
Debt-to-Equity Ratio	93,78	46,78	64,74
Operating Profit Margin	9,79 %	6,78 %	8,64 %
Current Ratio	0,32	0,52	0,69
Quick Ratio	0,32	0,52	0,69
Equity Ratio	0,01	0,02	0,01
Gross Profit Margin	85,08 %	74,76 %	77,53 %