DOWNSTREAM MARINE AS

5282 LONEVÅG

Finances

Share Ownership

Return on Equity

152,58 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 939 000	10 955 000	30 037 000	42 034 000
Net Income	3 633 000	46 000	3 829 000	5 438 000
Total Assets	33 279 000	39 171 000	21 780 000	21 682 000
Total Equity	2 381 000	2 748 000	2 702 000	2 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 939 000	10 955 000	30 037 000	42 034 000
Expenditure	64 724 000	10 496 000	25 037 000	34 917 000
Operating Profit	5 216 000	458 000	5 000 000	7 117 000
Financial Income	75 000	6 000	139 000	67 000
Financial Costs	624 000	402 000	217 000	201 000
Financial Balance	−549 000	−396 000	−78 000	−134 000
Earnings Before Tax	4 666 000	62 000	4 923 000	6 983 000
Tax	1 033 000	16 000	1 094 000	1 545 000
Net Income	3 633 000	46 000	3 829 000	5 438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	95 000	138 000	220 000
Total Current Assets	33 249 000	39 076 000	21 642 000	21 462 000
Total Assets	33 279 000	39 171 000	21 780 000	21 682 000
Total Retained Equity	1 199 000	1 566 000	1 520 000	1 568 000
Total Equity	2 381 000	2 748 000	2 702 000	2 750 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 898 000	36 423 000	19 078 000	18 932 000
Total Equity and Debt	33 279 000	39 171 000	21 780 000	21 682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 939 000	10 955 000	30 037 000	41 979 000
Other Income	0	0	0	55 000
Revenue	69 939 000	10 955 000	30 037 000	42 034 000
Cost of Goods Sold	57 284 000	7 132 000	21 731 000	30 715 000
Salary Costs	5 289 000	1 339 000	1 954 000	2 663 000
Depreciation	65 000	93 000	83 000	83 000
Impairment	0	0	0	0
Expenditure	64 724 000	10 496 000	25 037 000	34 917 000
Operating Profit	5 216 000	458 000	5 000 000	7 117 000
Financial Income	75 000	6 000	139 000	67 000
Financial Costs	624 000	402 000	217 000	201 000
Financial Balance	−549 000	−396 000	−78 000	−134 000
Dividends	0	0	0	0
Net Income	3 633 000	46 000	3 829 000	5 438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	55 000	138 000	220 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	40 000	0	0
Total Tangible Assets	30 000	40 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	95 000	138 000	220 000
Stock	3 460 000	31 802 000	8 218 000	7 426 000
Total Investments	0	0	0	0
Cash, Bank	19 667 000	5 370 000	9 025 000	9 755 000
Total Current Assets	33 249 000	39 076 000	21 642 000	21 462 000
Total Assets	33 279 000	39 171 000	21 780 000	21 682 000
Total Equity	2 381 000	2 748 000	2 702 000	2 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 503 000	1 005 000	3 739 000	1 603 000
Unpaid Taxes	490 000	75 000	352 000	251 000
Dividends	0	0	0	0
Other Current Debt	9 087 000	22 942 000	2 901 000	3 663 000
Total Current Debt	30 898 000	36 423 000	19 078 000	18 932 000
Total Equity and Debt	33 279 000	39 171 000	21 780 000	21 682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	152,58 %	1,67 %	141,71 %	197,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,46 %	4,18 %	16,65 %	16,93 %
Current Ratio	1,08	1,07	1,13	1,13
Quick Ratio	1,21	8,46	1,99	1,87
Equity Ratio	0,07	0,07	0,12	0,13
Gross Profit Margin	18,09 %	34,9 %	27,65 %	26,93 %