NORWAY MARINE SUPPLY AS

4848 ARENDAL

Finances

Return on Equity

171,34 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	252 186 000	283 649 000	189 638 000	120 429 000
Net Income	23 633 000	37 061 000	26 157 000	9 916 000
Total Assets	176 686 000	176 634 000	88 877 000	71 346 000
Total Equity	13 793 000	24 380 000	30 616 000	31 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	252 186 000	283 649 000	189 638 000	120 429 000
Expenditure	217 058 000	232 898 000	154 997 000	111 914 000
Operating Profit	35 129 000	50 751 000	34 642 000	8 515 000
Financial Income	1 015 000	1 056 000	258 000	4 123 000
Financial Costs	3 312 000	2 425 000	1 230 000	981 000
Financial Balance	−2 297 000	−1 369 000	−972 000	3 142 000
Earnings Before Tax	32 832 000	49 382 000	33 670 000	11 656 000
Tax	9 199 000	12 321 000	7 513 000	1 740 000
Net Income	23 633 000	37 061 000	26 157 000	9 916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 141 000	42 959 000	3 371 000	8 010 000
Total Current Assets	141 545 000	133 674 000	85 506 000	63 336 000
Total Assets	176 686 000	176 634 000	88 877 000	71 346 000
Total Retained Equity	10 683 000	21 239 000	27 640 000	29 411 000
Total Equity	13 793 000	24 380 000	30 616 000	31 867 000
Total Long-Term Debt	2 124 000	1 487 000	0	0
Total Current Debt	160 769 000	150 766 000	58 262 000	39 478 000
Total Equity and Debt	176 686 000	176 634 000	88 877 000	71 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	249 599 000	281 135 000	186 298 000	115 934 000
Other Income	2 587 000	2 514 000	3 340 000	4 495 000
Revenue	252 186 000	283 649 000	189 638 000	120 429 000
Cost of Goods Sold	131 844 000	154 950 000	107 979 000	77 053 000
Salary Costs	43 230 000	42 427 000	27 709 000	20 318 000
Depreciation	9 892 000	7 371 000	1 008 000	191 000
Impairment	0	0	0	0
Expenditure	217 058 000	232 898 000	154 997 000	111 914 000
Operating Profit	35 129 000	50 751 000	34 642 000	8 515 000
Financial Income	1 015 000	1 056 000	258 000	4 123 000
Financial Costs	3 312 000	2 425 000	1 230 000	981 000
Financial Balance	−2 297 000	−1 369 000	−972 000	3 142 000
Dividends	0	0	0	9 916 000
Net Income	23 633 000	37 061 000	26 157 000	9 916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	28 871 000	37 832 000	563 000	0
Total Intangible Assets	32 458 000	40 626 000	2 279 000	1 077 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	298 000	261 000
Fixtures	2 683 000	2 333 000	795 000	259 000
Total Tangible Assets	2 683 000	2 333 000	1 093 000	520 000
Total Fiancial Fixed Assets	0	0	0	6 413 000
Total Fixed Assets	35 141 000	42 959 000	3 371 000	8 010 000
Stock	114 404 000	102 409 000	56 193 000	45 471 000
Total Investments	0	0	0	0
Cash, Bank	18 710 000	21 205 000	17 401 000	680 000
Total Current Assets	141 545 000	133 674 000	85 506 000	63 336 000
Total Assets	176 686 000	176 634 000	88 877 000	71 346 000
Total Equity	13 793 000	24 380 000	30 616 000	31 867 000
Short-Term Group Debt	5 198 000	6 354 000	0	5 165 000
Total Long-Term Debt	2 124 000	1 487 000	0	0
Creditors	9 258 000	11 333 000	12 806 000	11 653 000
Unpaid Taxes	4 428 000	5 465 000	4 880 000	2 546 000
Dividends	0	0	0	9 916 000
Other Current Debt	9 414 000	11 544 000	6 051 000	4 162 000
Total Current Debt	160 769 000	150 766 000	58 262 000	39 478 000
Total Equity and Debt	176 686 000	176 634 000	88 877 000	71 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,34 %	152,01 %	85,44 %	31,12 %
Debt-to-Equity Ratio	0,15	0,06	0	0
Operating Profit Margin	13,93 %	17,89 %	18,27 %	7,07 %
Current Ratio	0,88	0,89	1,47	1,6
Quick Ratio	3,05	2,76	41,33	−10,57
Equity Ratio	0,08	0,14	0,34	0,45
Gross Profit Margin	47,72 %	45,37 %	43,06 %	36,02 %