MARINE CONTROL SERVICES AS

3048 DRAMMEN

Finances

Return on Equity

−27,11 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 072 000	23 401 000	22 628 000	18 265 000
Net Income	−728 000	216 000	−217 000	−169 000
Total Assets	13 508 000	8 695 000	7 083 000	7 012 000
Total Equity	2 685 000	4 592 000	3 160 000	3 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 072 000	23 401 000	22 628 000	18 265 000
Expenditure	26 848 000	23 154 000	22 815 000	18 466 000
Operating Profit	−777 000	248 000	−187 000	−202 000
Financial Income	195 000	49 000	65 000	9 000
Financial Costs	115 000	132 000	38 000	12 000
Financial Balance	80 000	−83 000	27 000	−3 000
Earnings Before Tax	−697 000	166 000	−160 000	−205 000
Tax	30 000	−51 000	57 000	−36 000
Net Income	−728 000	216 000	−217 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	909 000	1 081 000	788 000	572 000
Total Current Assets	12 599 000	7 615 000	6 295 000	6 440 000
Total Assets	13 508 000	8 695 000	7 083 000	7 012 000
Total Retained Equity	2 443 000	3 170 000	2 954 000	3 171 000
Total Equity	2 685 000	4 592 000	3 160 000	3 377 000
Total Long-Term Debt	0	0	20 000	0
Total Current Debt	10 823 000	4 103 000	3 902 000	3 635 000
Total Equity and Debt	13 508 000	8 695 000	7 083 000	7 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 072 000	23 401 000	22 628 000	18 265 000
Other Income	0	0	0	0
Revenue	26 072 000	23 401 000	22 628 000	18 265 000
Cost of Goods Sold	11 715 000	10 345 000	12 048 000	8 023 000
Salary Costs	11 452 000	10 220 000	8 626 000	8 000 000
Depreciation	141 000	95 000	17 000	0
Impairment	0	0	0	0
Expenditure	26 848 000	23 154 000	22 815 000	18 466 000
Operating Profit	−777 000	248 000	−187 000	−202 000
Financial Income	195 000	49 000	65 000	9 000
Financial Costs	115 000	132 000	38 000	12 000
Financial Balance	80 000	−83 000	27 000	−3 000
Dividends	0	0	0	0
Net Income	−728 000	216 000	−217 000	−169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	452 000	623 000	293 000	77 000
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	458 000	458 000	495 000	495 000
Total Fixed Assets	909 000	1 081 000	788 000	572 000
Stock	2 922 000	2 435 000	1 955 000	1 609 000
Total Investments	0	0	0	0
Cash, Bank	2 146 000	656 000	1 859 000	1 048 000
Total Current Assets	12 599 000	7 615 000	6 295 000	6 440 000
Total Assets	13 508 000	8 695 000	7 083 000	7 012 000
Total Equity	2 685 000	4 592 000	3 160 000	3 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	20 000	0
Creditors	1 756 000	1 250 000	1 789 000	1 612 000
Unpaid Taxes	819 000	802 000	626 000	762 000
Dividends	0	0	0	0
Other Current Debt	8 248 000	2 051 000	1 487 000	1 260 000
Total Current Debt	10 823 000	4 103 000	3 902 000	3 635 000
Total Equity and Debt	13 508 000	8 695 000	7 083 000	7 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,11 %	4,7 %	−6,87 %	−5 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−2,98 %	1,06 %	−0,83 %	−1,11 %
Current Ratio	1,16	1,86	1,61	1,77
Quick Ratio	1,59	4,57	3,23	3,18
Equity Ratio	0,2	0,53	0,45	0,48
Gross Profit Margin	55,07 %	55,79 %	46,76 %	56,07 %