MARINE CONSTRUCTIONS AS

5210 OS

Finances

Return on Equity

42,56 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	204 611 000	189 325 000	173 308 000	190 591 000
Net Income	19 276 000	20 701 000	18 280 000	12 948 000
Total Assets	110 170 000	101 011 000	93 674 000	92 072 000
Total Equity	45 293 000	45 293 000	45 292 000	43 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	204 611 000	189 325 000	173 308 000	190 591 000
Expenditure	180 492 000	162 609 000	149 735 000	173 336 000
Operating Profit	24 118 000	26 716 000	23 574 000	17 254 000
Financial Income	781 000	69 000	29 000	90 000
Financial Costs	116 000	165 000	122 000	761 000
Financial Balance	665 000	−96 000	−93 000	−671 000
Earnings Before Tax	24 783 000	26 620 000	23 481 000	16 583 000
Tax	5 507 000	5 919 000	5 201 000	3 635 000
Net Income	19 276 000	20 701 000	18 280 000	12 948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	481 000	750 000	587 000
Total Current Assets	109 862 000	100 530 000	92 924 000	91 484 000
Total Assets	110 170 000	101 011 000	93 674 000	92 072 000
Total Retained Equity	45 068 000	45 068 000	45 067 000	42 787 000
Total Equity	45 293 000	45 293 000	45 292 000	43 012 000
Total Long-Term Debt	8 498 000	8 129 000	6 943 000	672 000
Total Current Debt	56 379 000	47 590 000	41 439 000	48 388 000
Total Equity and Debt	110 170 000	101 011 000	93 674 000	92 072 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 611 000	189 325 000	173 308 000	190 185 000
Other Income	0	0	0	405 000
Revenue	204 611 000	189 325 000	173 308 000	190 591 000
Cost of Goods Sold	166 439 000	148 859 000	136 272 000	154 567 000
Salary Costs	7 123 000	6 681 000	7 481 000	8 440 000
Depreciation	174 000	209 000	271 000	270 000
Impairment	0	0	0	0
Expenditure	180 492 000	162 609 000	149 735 000	173 336 000
Operating Profit	24 118 000	26 716 000	23 574 000	17 254 000
Financial Income	781 000	69 000	29 000	90 000
Financial Costs	116 000	165 000	122 000	761 000
Financial Balance	665 000	−96 000	−93 000	−671 000
Dividends	0	0	0	10 000 000
Net Income	19 276 000	20 701 000	18 280 000	12 948 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	360 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	257 000	318 000	341 000	431 000
Total Tangible Assets	257 000	318 000	341 000	431 000
Total Fiancial Fixed Assets	50 000	163 000	50 000	50 000
Total Fixed Assets	307 000	481 000	750 000	587 000
Stock	0	0	0	36 575 000
Total Investments	0	0	0	0
Cash, Bank	37 408 000	18 108 000	48 632 000	53 534 000
Total Current Assets	109 862 000	100 530 000	92 924 000	91 484 000
Total Assets	110 170 000	101 011 000	93 674 000	92 072 000
Total Equity	45 293 000	45 293 000	45 292 000	43 012 000
Short-Term Group Debt	24 713 000	25 394 000	17 126 000	0
Total Long-Term Debt	8 498 000	8 129 000	6 943 000	672 000
Creditors	27 454 000	19 159 000	7 431 000	17 742 000
Unpaid Taxes	511 000	446 000	6 106 000	5 401 000
Dividends	0	0	0	10 000 000
Other Current Debt	3 663 000	2 592 000	5 321 000	9 941 000
Total Current Debt	56 379 000	47 590 000	41 439 000	48 388 000
Total Equity and Debt	110 170 000	101 011 000	93 674 000	92 072 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,56 %	45,7 %	40,36 %	30,1 %
Debt-to-Equity Ratio	0,19	0,18	0,15	0,02
Operating Profit Margin	11,79 %	14,11 %	13,6 %	9,05 %
Current Ratio	1,95	2,11	2,24	1,89
Quick Ratio	1,95	2,11	2,24	7,74
Equity Ratio	0,41	0,45	0,48	0,47
Gross Profit Margin	18,66 %	21,37 %	21,37 %	18,9 %