MARITIME EQUIPMENT NORWAY AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

176,34 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	441 000	393 000	0
Net Income	−164 000	50 000	0
Total Assets	254 000	475 000	24 000
Total Equity	−93 000	71 000	21 000

Income (NOK)	2022	2021
Revenue	441 000	393 000
Expenditure	610 000	332 000
Operating Profit	−169 000	62 000
Financial Income	1 000	0
Financial Costs	3 000	1 000
Financial Balance	−2 000	−1 000
Earnings Before Tax	−170 000	61 000
Tax	−6 000	12 000
Net Income	−164 000	50 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	88 000	139 000	0
Total Current Assets	166 000	336 000	24 000
Total Assets	254 000	475 000	24 000
Total Retained Equity	−123 000	41 000	0
Total Equity	−93 000	71 000	21 000
Total Long-Term Debt	0	6 000	0
Total Current Debt	347 000	398 000	3 000
Total Equity and Debt	254 000	475 000	24 000

Cash flow (NOK)	2022	2021
Sales Income	441 000	393 000
Other Income	0	0
Revenue	441 000	393 000
Cost of Goods Sold	0	0
Salary Costs	428 000	235 000
Depreciation	51 000	13 000
Impairment	0	0
Expenditure	610 000	332 000
Operating Profit	−169 000	62 000
Financial Income	1 000	0
Financial Costs	3 000	1 000
Financial Balance	−2 000	−1 000
Dividends	0	0
Net Income	−164 000	50 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	88 000	139 000	0
Total Tangible Assets	88 000	139 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	88 000	139 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	163 000	94 000	24 000
Total Current Assets	166 000	336 000	24 000
Total Assets	254 000	475 000	24 000
Total Equity	−93 000	71 000	21 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	6 000	0
Creditors	5 000	10 000	0
Unpaid Taxes	65 000	163 000	0
Dividends	0	0	0
Other Current Debt	277 000	220 000	3 000
Total Current Debt	347 000	398 000	3 000
Total Equity and Debt	254 000	475 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	176,34 %	70,42 %	0 %
Debt-to-Equity Ratio	−0	0,08	0
Operating Profit Margin	−38,32 %	15,78 %	-
Current Ratio	0,48	0,84	8
Quick Ratio	0,48	0,84	8
Equity Ratio	−0,37	0,15	0,88
Gross Profit Margin	100 %	100 %	-