MONTANA MARITIME GROUP AS

0256 OSLO

Finances

Return on Equity

90,19 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 000	0	0	0
Net Income	22 499 000	8 014 000	12 868 000	15 263 000
Total Assets	36 493 000	29 075 000	35 164 000	26 875 000
Total Equity	24 947 000	9 759 000	9 745 000	9 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 000	0	0	0
Expenditure	347 000	984 000	382 000	279 000
Operating Profit	83 000	−984 000	−382 000	−279 000
Financial Income	22 534 000	9 004 000	13 337 000	18 656 000
Financial Costs	373 000	1 000	60 000	14 000
Financial Balance	22 161 000	9 003 000	13 277 000	18 642 000
Earnings Before Tax	22 244 000	8 019 000	12 896 000	18 363 000
Tax	−254 000	5 000	28 000	3 100 000
Net Income	22 499 000	8 014 000	12 868 000	15 263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 372 000	8 873 000	8 888 000	6 395 000
Total Current Assets	28 120 000	20 202 000	26 276 000	20 481 000
Total Assets	36 493 000	29 075 000	35 164 000	26 875 000
Total Retained Equity	23 487 000	8 400 000	9 386 000	8 777 000
Total Equity	24 947 000	9 759 000	9 745 000	9 178 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	11 545 000	19 311 000	25 419 000	17 697 000
Total Equity and Debt	36 493 000	29 075 000	35 164 000	26 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	430 000	0	0	0
Revenue	430 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	21 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	347 000	984 000	382 000	279 000
Operating Profit	83 000	−984 000	−382 000	−279 000
Financial Income	22 534 000	9 004 000	13 337 000	18 656 000
Financial Costs	373 000	1 000	60 000	14 000
Financial Balance	22 161 000	9 003 000	13 277 000	18 642 000
Dividends	7 400 000	9 000 000	10 000 000	10 000 000
Net Income	22 499 000	8 014 000	12 868 000	15 263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
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	8 372 000	8 873 000	8 883 000	6 395 000
Total Fixed Assets	8 372 000	8 873 000	8 888 000	6 395 000
Stock	0	0	0	0
Total Investments	11 821 000	11 088 000	13 603 000	0
Cash, Bank	1 639 000	114 000	183 000	5 884 000
Total Current Assets	28 120 000	20 202 000	26 276 000	20 481 000
Total Assets	36 493 000	29 075 000	35 164 000	26 875 000
Total Equity	24 947 000	9 759 000	9 745 000	9 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	0
Creditors	63 000	0	38 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	7 400 000	9 000 000	10 000 000	10 000 000
Other Current Debt	8 404 000	15 324 000	15 349 000	4 553 000
Total Current Debt	11 545 000	19 311 000	25 419 000	17 697 000
Total Equity and Debt	36 493 000	29 075 000	35 164 000	26 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,19 %	82,12 %	132,05 %	166,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,3 %	-	-	-
Current Ratio	2,44	1,05	1,03	1,16
Quick Ratio	2,44	1,05	1,03	1,16
Equity Ratio	0,68	0,34	0,28	0,34
Gross Profit Margin	100 %	-	-	-