MARINHUB AS

6444 FARSTAD

Finances

Share Ownership

Return on Equity

−124,53 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 167 000	2 603 000	318 000
Net Income	−132 000	62 000	97 000
Total Assets	249 000	802 000	329 000
Total Equity	106 000	238 000	192 000

Income (NOK)	2022	2021	2020
Revenue	1 167 000	2 603 000	318 000
Expenditure	1 337 000	2 526 000	195 000
Operating Profit	−169 000	78 000	123 000
Financial Income	0	7 000	0
Financial Costs	0	0	0
Financial Balance	0	7 000	0
Earnings Before Tax	−169 000	85 000	123 000
Tax	−37 000	23 000	26 000
Net Income	−132 000	62 000	97 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	35 000	0	0
Total Current Assets	214 000	802 000	329 000
Total Assets	249 000	802 000	329 000
Total Retained Equity	11 000	143 000	97 000
Total Equity	106 000	238 000	192 000
Total Long-Term Debt	0	2 000	1 000
Total Current Debt	143 000	562 000	137 000
Total Equity and Debt	249 000	802 000	329 000

Cash flow (NOK)	2022	2021	2020
Sales Income	958 000	2 518 000	288 000
Other Income	210 000	85 000	30 000
Revenue	1 167 000	2 603 000	318 000
Cost of Goods Sold	201 000	1 019 000	0
Salary Costs	780 000	1 114 000	98 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 337 000	2 526 000	195 000
Operating Profit	−169 000	78 000	123 000
Financial Income	0	7 000	0
Financial Costs	0	0	0
Financial Balance	0	7 000	0
Dividends	0	0	0
Net Income	−132 000	62 000	97 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	35 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	35 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	214 000	322 000	154 000
Total Current Assets	214 000	802 000	329 000
Total Assets	249 000	802 000	329 000
Total Equity	106 000	238 000	192 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	1 000
Creditors	10 000	364 000	15 000
Unpaid Taxes	59 000	74 000	78 000
Dividends	0	0	0
Other Current Debt	74 000	106 000	19 000
Total Current Debt	143 000	562 000	137 000
Total Equity and Debt	249 000	802 000	329 000

Financial indicators	2022	2021	2020
Return on Equity	−124,53 %	26,05 %	50,52 %
Debt-to-Equity Ratio	0	0,01	0,01
Operating Profit Margin	−14,48 %	3 %	38,68 %
Current Ratio	1,5	1,43	2,4
Quick Ratio	1,5	1,43	2,4
Equity Ratio	0,43	0,3	0,58
Gross Profit Margin	82,78 %	60,85 %	100 %