NORTH WEST MARINE AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

17,27 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	791 000	513 000	906 000	850 000
Net Income	38 000	−20 000	183 000	21 000
Total Assets	300 000	303 000	523 000	314 000
Total Equity	220 000	235 000	255 000	132 000

Income (NOK)	2022	2021	2020	2019
Revenue	791 000	513 000	906 000	850 000
Expenditure	742 000	539 000	672 000	824 000
Operating Profit	49 000	−26 000	235 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	49 000	−26 000	235 000	26 000
Tax	11 000	−6 000	52 000	5 000
Net Income	38 000	−20 000	183 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	62 000	62 000	87 000
Total Current Assets	238 000	241 000	461 000	227 000
Total Assets	300 000	303 000	523 000	314 000
Total Retained Equity	108 000	123 000	143 000	20 000
Total Equity	220 000	235 000	255 000	132 000
Total Long-Term Debt	0	−6 000	0	0
Total Current Debt	80 000	74 000	268 000	182 000
Total Equity and Debt	300 000	303 000	523 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	791 000	513 000	746 000	850 000
Other Income	0	0	160 000	0
Revenue	791 000	513 000	906 000	850 000
Cost of Goods Sold	0	0	0	0
Salary Costs	504 000	387 000	544 000	688 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	742 000	539 000	672 000	824 000
Operating Profit	49 000	−26 000	235 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	53 000	0	60 000	0
Net Income	38 000	−20 000	183 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	62 000	62 000	62 000
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	25 000
Total Fixed Assets	62 000	62 000	62 000	87 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	185 000	241 000	461 000	90 000
Total Current Assets	238 000	241 000	461 000	227 000
Total Assets	300 000	303 000	523 000	314 000
Total Equity	220 000	235 000	255 000	132 000
Short-Term Group Debt	53 000	0	0	0
Total Long-Term Debt	0	−6 000	0	0
Creditors	−2 000	2 000	1 000	6 000
Unpaid Taxes	25 000	19 000	90 000	98 000
Dividends	53 000	0	60 000	0
Other Current Debt	0	54 000	68 000	73 000
Total Current Debt	80 000	74 000	268 000	182 000
Total Equity and Debt	300 000	303 000	523 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,27 %	−8,51 %	71,76 %	15,91 %
Debt-to-Equity Ratio	0	−0,03	0	0
Operating Profit Margin	6,19 %	−5,07 %	25,94 %	3,18 %
Current Ratio	2,98	3,26	1,72	1,25
Quick Ratio	2,98	3,26	1,72	1,25
Equity Ratio	0,73	0,78	0,49	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %