MARINADEN AS

5430 BREMNES

Finances

Return on Equity

26,58 %

Current Ratio

47,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 000	2 923 000	2 513 000	2 578 000
Net Income	189 000	226 000	157 000	47 000
Total Assets	725 000	895 000	735 000	641 000
Total Equity	711 000	522 000	295 000	193 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 000	2 923 000	2 513 000	2 578 000
Expenditure	−161 000	2 705 000	2 352 000	2 523 000
Operating Profit	185 000	219 000	161 000	56 000
Financial Income	5 000	9 000	0	1 000
Financial Costs	1 000	1 000	5 000	10 000
Financial Balance	4 000	8 000	−5 000	−9 000
Earnings Before Tax	190 000	226 000	157 000	47 000
Tax	1 000	0	0	0
Net Income	189 000	226 000	157 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	74 000	80 000	115 000
Total Current Assets	718 000	822 000	655 000	526 000
Total Assets	725 000	895 000	735 000	641 000
Total Retained Equity	316 000	127 000	−100 000	−257 000
Total Equity	711 000	522 000	295 000	193 000
Total Long-Term Debt	0	0	34 000	98 000
Total Current Debt	15 000	374 000	406 000	350 000
Total Equity and Debt	725 000	895 000	735 000	641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 000	2 923 000	2 437 000	2 578 000
Other Income	0	0	76 000	0
Revenue	23 000	2 923 000	2 513 000	2 578 000
Cost of Goods Sold	56 000	991 000	819 000	878 000
Salary Costs	−15 000	1 159 000	974 000	992 000
Depreciation	67 000	38 000	46 000	22 000
Impairment	0	0	0	0
Expenditure	−161 000	2 705 000	2 352 000	2 523 000
Operating Profit	185 000	219 000	161 000	56 000
Financial Income	5 000	9 000	0	1 000
Financial Costs	1 000	1 000	5 000	10 000
Financial Balance	4 000	8 000	−5 000	−9 000
Dividends	0	0	0	0
Net Income	189 000	226 000	157 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	67 000	73 000	108 000
Total Tangible Assets	0	67 000	73 000	108 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	7 000	74 000	80 000	115 000
Stock	0	56 000	157 000	170 000
Total Investments	0	0	0	0
Cash, Bank	475 000	617 000	163 000	101 000
Total Current Assets	718 000	822 000	655 000	526 000
Total Assets	725 000	895 000	735 000	641 000
Total Equity	711 000	522 000	295 000	193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	34 000	98 000
Creditors	0	62 000	111 000	87 000
Unpaid Taxes	14 000	122 000	115 000	105 000
Dividends	0	0	0	0
Other Current Debt	0	190 000	180 000	158 000
Total Current Debt	15 000	374 000	406 000	350 000
Total Equity and Debt	725 000	895 000	735 000	641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,58 %	43,3 %	53,22 %	24,35 %
Debt-to-Equity Ratio	0	0	0,12	0,51
Operating Profit Margin	804,35 %	7,49 %	6,41 %	2,17 %
Current Ratio	47,87	2,2	1,61	1,5
Quick Ratio	47,87	2,58	2,63	2,92
Equity Ratio	0,98	0,58	0,4	0,3
Gross Profit Margin	−143,48 %	66,1 %	67,41 %	65,94 %