MARINPET AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−19,64 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 342 000	37 069 000	103 408 000	44 599 000
Net Income	−5 533 000	−6 050 000	6 980 000	−4 315 000
Total Assets	44 452 000	39 992 000	33 373 000	30 078 000
Total Equity	28 174 000	27 716 000	26 603 000	19 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 342 000	37 069 000	103 408 000	44 599 000
Expenditure	43 436 000	44 562 000	94 159 000	50 963 000
Operating Profit	−7 094 000	−7 493 000	9 250 000	−6 365 000
Financial Income	713 000	704 000	3 142 000	1 408 000
Financial Costs	842 000	1 256 000	3 503 000	1 292 000
Financial Balance	−129 000	−552 000	−361 000	116 000
Earnings Before Tax	−7 223 000	−8 044 000	8 889 000	−6 249 000
Tax	−1 690 000	−1 994 000	1 908 000	−1 934 000
Net Income	−5 533 000	−6 050 000	6 980 000	−4 315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 160 000	5 802 000	3 635 000	2 261 000
Total Current Assets	33 291 000	34 190 000	29 738 000	27 817 000
Total Assets	44 452 000	39 992 000	33 373 000	30 078 000
Total Retained Equity	−826 000	−8 447 000	−2 397 000	−9 377 000
Total Equity	28 174 000	27 716 000	26 603 000	19 623 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 278 000	12 276 000	6 770 000	10 455 000
Total Equity and Debt	44 452 000	39 992 000	33 373 000	30 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 342 000	37 069 000	103 408 000	44 599 000
Other Income	0	0	0	0
Revenue	36 342 000	37 069 000	103 408 000	44 599 000
Cost of Goods Sold	22 927 000	23 047 000	66 961 000	33 751 000
Salary Costs	8 551 000	11 772 000	12 256 000	9 086 000
Depreciation	604 000	573 000	578 000	500 000
Impairment	0	0	0	0
Expenditure	43 436 000	44 562 000	94 159 000	50 963 000
Operating Profit	−7 094 000	−7 493 000	9 250 000	−6 365 000
Financial Income	713 000	704 000	3 142 000	1 408 000
Financial Costs	842 000	1 256 000	3 503 000	1 292 000
Financial Balance	−129 000	−552 000	−361 000	116 000
Dividends	0	0	0	0
Net Income	−5 533 000	−6 050 000	6 980 000	−4 315 000

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	5 647 000	3 865 000	2 771 000	1 116 000
Fixtures	5 513 000	1 938 000	864 000	1 145 000
Total Tangible Assets	11 160 000	5 802 000	3 635 000	2 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 160 000	5 802 000	3 635 000	2 261 000
Stock	15 721 000	13 061 000	10 383 000	9 435 000
Total Investments	0	0	0	0
Cash, Bank	314 000	325 000	10 866 000	1 545 000
Total Current Assets	33 291 000	34 190 000	29 738 000	27 817 000
Total Assets	44 452 000	39 992 000	33 373 000	30 078 000
Total Equity	28 174 000	27 716 000	26 603 000	19 623 000
Short-Term Group Debt	5 992 000	6 161 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 367 000	3 563 000	2 372 000	3 206 000
Unpaid Taxes	605 000	642 000	673 000	589 000
Dividends	0	0	0	0
Other Current Debt	1 314 000	1 910 000	1 843 000	1 342 000
Total Current Debt	16 278 000	12 276 000	6 770 000	10 455 000
Total Equity and Debt	44 452 000	39 992 000	33 373 000	30 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,64 %	−21,83 %	26,24 %	−21,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,52 %	−20,21 %	8,95 %	−14,27 %
Current Ratio	2,05	2,79	4,39	2,66
Quick Ratio	59,77	−43,55	−8,23	27,27
Equity Ratio	0,63	0,69	0,8	0,65
Gross Profit Margin	36,91 %	37,83 %	35,25 %	24,32 %