MARITIM POWER AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

3,73 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	19 547 000	17 154 000	5 543 000
Net Income	103 000	1 453 000	209 000
Total Assets	5 220 000	5 133 000	2 332 000
Total Equity	2 759 000	2 656 000	1 203 000

Income (NOK)	2022	2021	2020
Revenue	19 547 000	17 154 000	5 543 000
Expenditure	19 412 000	15 285 000	5 275 000
Operating Profit	135 000	1 869 000	267 000
Financial Income	1 000	0	0
Financial Costs	5 000	5 000	0
Financial Balance	−4 000	−5 000	0
Earnings Before Tax	132 000	1 864 000	266 000
Tax	29 000	411 000	58 000
Net Income	103 000	1 453 000	209 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 656 000	1 223 000	418 000
Total Current Assets	3 564 000	3 910 000	1 914 000
Total Assets	5 220 000	5 133 000	2 332 000
Total Retained Equity	1 764 000	1 656 000	203 000
Total Equity	2 759 000	2 656 000	1 203 000
Total Long-Term Debt	0	11 000	12 000
Total Current Debt	2 461 000	2 466 000	1 117 000
Total Equity and Debt	5 220 000	5 133 000	2 332 000

Cash flow (NOK)	2022	2021	2020
Sales Income	19 547 000	17 154 000	5 543 000
Other Income	0	0	0
Revenue	19 547 000	17 154 000	5 543 000
Cost of Goods Sold	8 451 000	7 582 000	2 214 000
Salary Costs	7 729 000	5 537 000	2 164 000
Depreciation	344 000	309 000	100 000
Impairment	0	0	0
Expenditure	19 412 000	15 285 000	5 275 000
Operating Profit	135 000	1 869 000	267 000
Financial Income	1 000	0	0
Financial Costs	5 000	5 000	0
Financial Balance	−4 000	−5 000	0
Dividends	0	0	0
Net Income	103 000	1 453 000	209 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	26 000	0	0
Real Eastate	101 000	119 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 407 000	1 104 000	418 000
Total Tangible Assets	1 508 000	1 223 000	418 000
Total Fiancial Fixed Assets	122 000	0	0
Total Fixed Assets	1 656 000	1 223 000	418 000
Stock	330 000	194 000	25 000
Total Investments	0	0	0
Cash, Bank	1 499 000	1 966 000	1 046 000
Total Current Assets	3 564 000	3 910 000	1 914 000
Total Assets	5 220 000	5 133 000	2 332 000
Total Equity	2 759 000	2 656 000	1 203 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	11 000	12 000
Creditors	413 000	402 000	225 000
Unpaid Taxes	747 000	744 000	319 000
Dividends	0	0	0
Other Current Debt	1 282 000	902 000	527 000
Total Current Debt	2 461 000	2 466 000	1 117 000
Total Equity and Debt	5 220 000	5 133 000	2 332 000

Financial indicators	2022	2021	2020
Return on Equity	3,73 %	54,71 %	17,37 %
Debt-to-Equity Ratio	0	0	0,01
Operating Profit Margin	0,69 %	10,9 %	4,82 %
Current Ratio	1,45	1,59	1,71
Quick Ratio	1,67	1,72	1,75
Equity Ratio	0,53	0,52	0,52
Gross Profit Margin	56,77 %	55,8 %	60,06 %