WITH MARINE AS

1392 VETTRE

Finances

Return on Equity

−28,1 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 343 000	20 123 000	17 449 000	19 982 000
Net Income	−844 000	−54 000	766 000	54 000
Total Assets	8 715 000	9 158 000	8 763 000	6 727 000
Total Equity	3 004 000	3 848 000	3 903 000	3 137 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 343 000	20 123 000	17 449 000	19 982 000
Expenditure	20 169 000	19 890 000	16 728 000	19 951 000
Operating Profit	−826 000	232 000	1 081 000	124 000
Financial Income	148 000	25 000	124 000	5 000
Financial Costs	165 000	311 000	295 000	75 000
Financial Balance	−17 000	−286 000	−171 000	−70 000
Earnings Before Tax	−843 000	−54 000	910 000	54 000
Tax	1 000	0	144 000	0
Net Income	−844 000	−54 000	766 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 210 000	429 000	435 000	567 000
Total Current Assets	7 505 000	8 730 000	8 328 000	6 160 000
Total Assets	8 715 000	9 158 000	8 763 000	6 727 000
Total Retained Equity	1 676 000	2 520 000	2 575 000	1 809 000
Total Equity	3 004 000	3 848 000	3 903 000	3 137 000
Total Long-Term Debt	702 000	1 022 000	395 000	552 000
Total Current Debt	5 009 000	4 289 000	4 465 000	3 039 000
Total Equity and Debt	8 715 000	9 158 000	8 763 000	6 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 343 000	20 037 000	17 449 000	20 036 000
Other Income	0	86 000	0	−55 000
Revenue	19 343 000	20 123 000	17 449 000	19 982 000
Cost of Goods Sold	10 871 000	9 628 000	8 279 000	11 883 000
Salary Costs	5 894 000	5 969 000	5 663 000	5 266 000
Depreciation	167 000	171 000	128 000	69 000
Impairment	0	0	0	0
Expenditure	20 169 000	19 890 000	16 728 000	19 951 000
Operating Profit	−826 000	232 000	1 081 000	124 000
Financial Income	148 000	25 000	124 000	5 000
Financial Costs	165 000	311 000	295 000	75 000
Financial Balance	−17 000	−286 000	−171 000	−70 000
Dividends	0	0	0	0
Net Income	−844 000	−54 000	766 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	144 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	519 000	391 000	385 000	355 000
Total Tangible Assets	519 000	391 000	385 000	355 000
Total Fiancial Fixed Assets	692 000	38 000	50 000	69 000
Total Fixed Assets	1 210 000	429 000	435 000	567 000
Stock	5 588 000	4 836 000	4 783 000	4 338 000
Total Investments	0	0	0	0
Cash, Bank	478 000	2 336 000	1 467 000	324 000
Total Current Assets	7 505 000	8 730 000	8 328 000	6 160 000
Total Assets	8 715 000	9 158 000	8 763 000	6 727 000
Total Equity	3 004 000	3 848 000	3 903 000	3 137 000
Short-Term Group Debt	92 000	109 000	0	0
Total Long-Term Debt	702 000	1 022 000	395 000	552 000
Creditors	1 896 000	1 442 000	479 000	952 000
Unpaid Taxes	694 000	1 065 000	757 000	694 000
Dividends	0	0	0	0
Other Current Debt	2 327 000	1 673 000	3 229 000	1 393 000
Total Current Debt	5 009 000	4 289 000	4 465 000	3 039 000
Total Equity and Debt	8 715 000	9 158 000	8 763 000	6 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,1 %	−1,4 %	19,63 %	1,72 %
Debt-to-Equity Ratio	0,23	0,27	0,1	0,18
Operating Profit Margin	−4,27 %	1,15 %	6,2 %	0,62 %
Current Ratio	1,5	2,04	1,87	2,03
Quick Ratio	−12,96	−15,96	−26,19	−4,74
Equity Ratio	0,34	0,42	0,45	0,47
Gross Profit Margin	43,8 %	52,15 %	52,55 %	40,53 %