MARINELAW AS

5010 BERGEN

Finances

Return on Equity

27,51 %

Current Ratio

11,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 083 000	491 000	447 000	387 000
Net Income	830 000	433 000	352 000	284 000
Total Assets	3 317 000	2 313 000	2 091 000	1 503 000
Total Equity	3 017 000	2 187 000	1 754 000	1 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 083 000	491 000	447 000	387 000
Expenditure	5 000	11 000	12 000	103 000
Operating Profit	1 079 000	480 000	435 000	284 000
Financial Income	6 000	63 000	14 000	64 000
Financial Costs	17 000	6 000	0	1 000
Financial Balance	−11 000	57 000	14 000	63 000
Earnings Before Tax	1 068 000	537 000	449 000	347 000
Tax	238 000	104 000	97 000	64 000
Net Income	830 000	433 000	352 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	28 000	20 000
Total Current Assets	3 317 000	2 313 000	2 064 000	1 483 000
Total Assets	3 317 000	2 313 000	2 091 000	1 503 000
Total Retained Equity	2 917 000	2 087 000	1 654 000	1 303 000
Total Equity	3 017 000	2 187 000	1 754 000	1 403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	300 000	126 000	337 000	101 000
Total Equity and Debt	3 317 000	2 313 000	2 091 000	1 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 083 000	491 000	447 000	387 000
Revenue	1 083 000	491 000	447 000	387 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 000	11 000	12 000	103 000
Operating Profit	1 079 000	480 000	435 000	284 000
Financial Income	6 000	63 000	14 000	64 000
Financial Costs	17 000	6 000	0	1 000
Financial Balance	−11 000	57 000	14 000	63 000
Dividends	0	0	0	0
Net Income	830 000	433 000	352 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	28 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	28 000	20 000
Stock	0	0	0	0
Total Investments	322 000	334 000	270 000	258 000
Cash, Bank	1 735 000	1 000	0	1 197 000
Total Current Assets	3 317 000	2 313 000	2 064 000	1 483 000
Total Assets	3 317 000	2 313 000	2 091 000	1 503 000
Total Equity	3 017 000	2 187 000	1 754 000	1 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	45 000	22 000	0
Unpaid Taxes	60 000	4 000	44 000	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	167 000	3 000
Total Current Debt	300 000	126 000	337 000	101 000
Total Equity and Debt	3 317 000	2 313 000	2 091 000	1 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,51 %	19,8 %	20,07 %	20,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,63 %	97,76 %	97,32 %	73,39 %
Current Ratio	11,06	18,36	6,12	14,68
Quick Ratio	11,06	18,36	6,12	14,68
Equity Ratio	0,91	0,95	0,84	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %