Multi Maritime A/S

6800 FØRDE

Finances

Return on Equity

−95,58 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 390 000	31 928 000	42 831 000	48 201 000
Net Income	−9 236 000	−9 560 000	−4 339 000	1 658 000
Total Assets	24 248 000	31 409 000	30 380 000	40 865 000
Total Equity	9 663 000	14 604 000	22 828 000	31 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 390 000	31 928 000	42 831 000	48 201 000
Expenditure	40 279 000	44 225 000	48 449 000	46 629 000
Operating Profit	−11 888 000	−12 298 000	−5 618 000	1 571 000
Financial Income	178 000	44 000	116 000	622 000
Financial Costs	125 000	3 000	62 000	61 000
Financial Balance	53 000	41 000	54 000	561 000
Earnings Before Tax	−11 836 000	−12 256 000	−5 564 000	2 133 000
Tax	−2 600 000	−2 696 000	−1 225 000	475 000
Net Income	−9 236 000	−9 560 000	−4 339 000	1 658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 982 000	1 878 000	2 141 000	8 404 000
Total Current Assets	21 266 000	29 531 000	28 240 000	32 462 000
Total Assets	24 248 000	31 409 000	30 380 000	40 865 000
Total Retained Equity	−4 968 000	4 268 000	20 828 000	29 071 000
Total Equity	9 663 000	14 604 000	22 828 000	31 071 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 585 000	16 805 000	7 552 000	9 794 000
Total Equity and Debt	24 248 000	31 409 000	30 380 000	40 865 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 346 000	31 928 000	42 831 000	48 201 000
Other Income	1 045 000	0	0	0
Revenue	28 390 000	31 928 000	42 831 000	48 201 000
Cost of Goods Sold	1 778 000	6 118 000	2 335 000	6 863 000
Salary Costs	27 516 000	28 569 000	35 029 000	28 017 000
Depreciation	442 000	676 000	977 000	838 000
Impairment	0	0	0	0
Expenditure	40 279 000	44 225 000	48 449 000	46 629 000
Operating Profit	−11 888 000	−12 298 000	−5 618 000	1 571 000
Financial Income	178 000	44 000	116 000	622 000
Financial Costs	125 000	3 000	62 000	61 000
Financial Balance	53 000	41 000	54 000	561 000
Dividends	0	7 000 000	0	0
Net Income	−9 236 000	−9 560 000	−4 339 000	1 658 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 874 000	486 000	281 000	71 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 108 000	1 392 000	1 860 000	2 333 000
Total Tangible Assets	1 108 000	1 392 000	1 860 000	2 333 000
Total Fiancial Fixed Assets	0	0	0	6 000 000
Total Fixed Assets	2 982 000	1 878 000	2 141 000	8 404 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 740 000	5 125 000	4 021 000	8 533 000
Total Current Assets	21 266 000	29 531 000	28 240 000	32 462 000
Total Assets	24 248 000	31 409 000	30 380 000	40 865 000
Total Equity	9 663 000	14 604 000	22 828 000	31 071 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 847 000	4 849 000	1 274 000	1 633 000
Unpaid Taxes	2 633 000	2 488 000	2 765 000	1 922 000
Dividends	0	7 000 000	0	0
Other Current Debt	7 105 000	9 468 000	3 513 000	6 239 000
Total Current Debt	14 585 000	16 805 000	7 552 000	9 794 000
Total Equity and Debt	24 248 000	31 409 000	30 380 000	40 865 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−95,58 %	−65,46 %	−19,01 %	5,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−41,87 %	−38,52 %	−13,12 %	3,26 %
Current Ratio	1,46	1,76	3,74	3,31
Quick Ratio	1,46	1,76	3,74	3,31
Equity Ratio	0,4	0,46	0,75	0,76
Gross Profit Margin	93,74 %	80,84 %	94,55 %	85,76 %