NORTHERN MARINE ADVISORS AS

1367 SNARØYA

Finances

Share Ownership

Return on Equity

82,3 %

Current Ratio

2,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 685 000	1 257 000	1 201 000	1 512 000
Net Income	451 000	47 000	35 000	−85 000
Total Assets	859 000	273 000	199 000	286 000
Total Equity	548 000	97 000	50 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 685 000	1 257 000	1 201 000	1 512 000
Expenditure	1 197 000	1 194 000	1 141 000	1 597 000
Operating Profit	488 000	64 000	60 000	−85 000
Financial Income	165 000	16 000	12 000	27 000
Financial Costs	64 000	21 000	33 000	27 000
Financial Balance	101 000	−5 000	−21 000	0
Earnings Before Tax	589 000	59 000	40 000	−85 000
Tax	138 000	12 000	5 000	0
Net Income	451 000	47 000	35 000	−85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	26 000	0	0
Total Current Assets	842 000	247 000	199 000	286 000
Total Assets	859 000	273 000	199 000	286 000
Total Retained Equity	448 000	−3 000	−50 000	−85 000
Total Equity	548 000	97 000	50 000	15 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	311 000	175 000	149 000	271 000
Total Equity and Debt	859 000	273 000	199 000	286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 685 000	1 257 000	1 201 000	1 512 000
Revenue	1 685 000	1 257 000	1 201 000	1 512 000
Cost of Goods Sold	0	0	0	0
Salary Costs	808 000	832 000	790 000	1 188 000
Depreciation	9 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 197 000	1 194 000	1 141 000	1 597 000
Operating Profit	488 000	64 000	60 000	−85 000
Financial Income	165 000	16 000	12 000	27 000
Financial Costs	64 000	21 000	33 000	27 000
Financial Balance	101 000	−5 000	−21 000	0
Dividends	0	0	0	0
Net Income	451 000	47 000	35 000	−85 000

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	17 000	26 000	0	0
Total Tangible Assets	17 000	26 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	26 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	771 000	41 000	92 000	184 000
Total Current Assets	842 000	247 000	199 000	286 000
Total Assets	859 000	273 000	199 000	286 000
Total Equity	548 000	97 000	50 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	15 000	19 000	15 000	17 000
Unpaid Taxes	58 000	54 000	52 000	149 000
Dividends	0	0	0	0
Other Current Debt	99 000	91 000	77 000	105 000
Total Current Debt	311 000	175 000	149 000	271 000
Total Equity and Debt	859 000	273 000	199 000	286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,3 %	48,45 %	70 %	−566,67 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	28,96 %	5,09 %	5 %	−5,62 %
Current Ratio	2,71	1,41	1,34	1,06
Quick Ratio	2,71	1,41	1,34	1,06
Equity Ratio	0,64	0,36	0,25	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %