TIDE MARINE AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−328,57 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	350 000	0	0	0
Net Income	184 000	−43 000	−69 000	−430 000
Total Assets	182 000	73 000	98 000	105 000
Total Equity	−56 000	−240 000	−197 000	−127 000

Income (NOK)	2022	2021	2020	2019
Revenue	350 000	0	0	0
Expenditure	163 000	43 000	69 000	406 000
Operating Profit	186 000	−43 000	−69 000	−406 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	24 000
Financial Balance	−2 000	0	0	−24 000
Earnings Before Tax	184 000	−43 000	−69 000	−430 000
Tax	0	0	0	0
Net Income	184 000	−43 000	−69 000	−430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	182 000	73 000	98 000	105 000
Total Assets	182 000	73 000	98 000	105 000
Total Retained Equity	−256 000	−440 000	−397 000	−327 000
Total Equity	−56 000	−240 000	−197 000	−127 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	313 000	295 000	233 000
Total Equity and Debt	182 000	73 000	98 000	105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	350 000	0	0	0
Other Income	0	0	0	0
Revenue	350 000	0	0	0
Cost of Goods Sold	213 000	0	0	−155 000
Salary Costs	0	0	0	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	163 000	43 000	69 000	406 000
Operating Profit	186 000	−43 000	−69 000	−406 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	24 000
Financial Balance	−2 000	0	0	−24 000
Dividends	0	0	0	0
Net Income	184 000	−43 000	−69 000	−430 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	7 000
Total Current Assets	182 000	73 000	98 000	105 000
Total Assets	182 000	73 000	98 000	105 000
Total Equity	−56 000	−240 000	−197 000	−127 000
Short-Term Group Debt	7 000	7 000	7 000	7 000
Total Long-Term Debt	0	0	0	0
Creditors	126 000	171 000	134 000	53 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	103 000	132 000	152 000	171 000
Total Current Debt	237 000	313 000	295 000	233 000
Total Equity and Debt	182 000	73 000	98 000	105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−328,57 %	17,92 %	35,03 %	338,58 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	53,14 %	-	-	-
Current Ratio	0,77	0,23	0,33	0,45
Quick Ratio	0,77	0,23	0,33	0,45
Equity Ratio	−0,31	−3,29	−2,01	−1,21
Gross Profit Margin	39,14 %	-	-	-