MARINE SALES AS

6002 ÅLESUND

Finances

Return on Equity

−1,63 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 371 000	66 364 000	67 964 000	64 086 000
Net Income	−105 000	981 000	817 000	1 158 000
Total Assets	9 848 000	10 064 000	9 405 000	9 757 000
Total Equity	6 459 000	6 564 000	6 083 000	6 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 371 000	66 364 000	67 964 000	64 086 000
Expenditure	61 459 000	65 250 000	65 929 000	62 812 000
Operating Profit	−89 000	1 113 000	2 035 000	1 273 000
Financial Income	66 000	20 000	76 000	124 000
Financial Costs	83 000	152 000	1 294 000	240 000
Financial Balance	−17 000	−132 000	−1 218 000	−116 000
Earnings Before Tax	−105 000	981 000	817 000	1 158 000
Tax	0	0	0	0
Net Income	−105 000	981 000	817 000	1 158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 861 000	1 550 000	1 439 000	2 575 000
Total Current Assets	7 987 000	8 514 000	7 966 000	7 182 000
Total Assets	9 848 000	10 064 000	9 405 000	9 757 000
Total Retained Equity	3 984 000	4 089 000	3 678 000	3 861 000
Total Equity	6 459 000	6 564 000	6 083 000	6 800 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 389 000	3 500 000	3 322 000	2 957 000
Total Equity and Debt	9 848 000	10 064 000	9 405 000	9 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 359 000	66 334 000	67 880 000	64 076 000
Other Income	12 000	30 000	84 000	10 000
Revenue	61 371 000	66 364 000	67 964 000	64 086 000
Cost of Goods Sold	52 945 000	55 320 000	56 699 000	55 119 000
Salary Costs	6 373 000	6 979 000	6 871 000	5 741 000
Depreciation	152 000	97 000	108 000	63 000
Impairment	0	0	0	0
Expenditure	61 459 000	65 250 000	65 929 000	62 812 000
Operating Profit	−89 000	1 113 000	2 035 000	1 273 000
Financial Income	66 000	20 000	76 000	124 000
Financial Costs	83 000	152 000	1 294 000	240 000
Financial Balance	−17 000	−132 000	−1 218 000	−116 000
Dividends	0	500 000	1 000 000	0
Net Income	−105 000	981 000	817 000	1 158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	362 000	362 000	362 000	362 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	861 000	550 000	439 000	418 000
Total Tangible Assets	861 000	550 000	439 000	418 000
Total Fiancial Fixed Assets	638 000	638 000	638 000	1 795 000
Total Fixed Assets	1 861 000	1 550 000	1 439 000	2 575 000
Stock	90 000	141 000	87 000	175 000
Total Investments	0	0	0	0
Cash, Bank	1 452 000	3 098 000	3 032 000	1 331 000
Total Current Assets	7 987 000	8 514 000	7 966 000	7 182 000
Total Assets	9 848 000	10 064 000	9 405 000	9 757 000
Total Equity	6 459 000	6 564 000	6 083 000	6 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 282 000	1 378 000	814 000	1 581 000
Unpaid Taxes	446 000	452 000	459 000	425 000
Dividends	0	500 000	1 000 000	0
Other Current Debt	661 000	1 169 000	1 049 000	831 000
Total Current Debt	3 389 000	3 500 000	3 322 000	2 957 000
Total Equity and Debt	9 848 000	10 064 000	9 405 000	9 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,63 %	14,95 %	13,43 %	17,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,15 %	1,68 %	2,99 %	1,99 %
Current Ratio	2,36	2,43	2,4	2,43
Quick Ratio	2,42	2,53	2,46	2,58
Equity Ratio	0,66	0,65	0,65	0,7
Gross Profit Margin	13,73 %	16,64 %	16,57 %	13,99 %