MARINE NORD AS

9900 KIRKENES

Finances

Return on Equity

4,03 %

Current Ratio

9,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	840 000	240 000	2 000	71 000
Net Income	252 000	233 000	638 000	−3 486 000
Total Assets	6 395 000	6 071 000	5 810 000	5 240 000
Total Equity	6 258 000	6 005 000	5 773 000	5 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	840 000	240 000	2 000	71 000
Expenditure	467 000	608 000	58 000	637 000
Operating Profit	373 000	−368 000	−56 000	−567 000
Financial Income	36 000	600 000	690 000	310 000
Financial Costs	157 000	0	−4 000	3 229 000
Financial Balance	−121 000	600 000	694 000	−2 919 000
Earnings Before Tax	252 000	233 000	638 000	−3 486 000
Tax	0	0	0	0
Net Income	252 000	233 000	638 000	−3 486 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 157 000	5 054 000	4 701 000	4 601 000
Total Current Assets	1 238 000	1 017 000	1 109 000	639 000
Total Assets	6 395 000	6 071 000	5 810 000	5 240 000
Total Retained Equity	6 018 000	5 765 000	5 533 000	4 895 000
Total Equity	6 258 000	6 005 000	5 773 000	5 135 000
Total Long-Term Debt	0	0	0	35 000
Total Current Debt	137 000	66 000	37 000	70 000
Total Equity and Debt	6 395 000	6 071 000	5 810 000	5 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	840 000	240 000	0	71 000
Other Income	0	0	2 000	0
Revenue	840 000	240 000	2 000	71 000
Cost of Goods Sold	0	0	0	71 000
Salary Costs	405 000	245 000	223 000	267 000
Depreciation	7 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	467 000	608 000	58 000	637 000
Operating Profit	373 000	−368 000	−56 000	−567 000
Financial Income	36 000	600 000	690 000	310 000
Financial Costs	157 000	0	−4 000	3 229 000
Financial Balance	−121 000	600 000	694 000	−2 919 000
Dividends	0	0	0	0
Net Income	252 000	233 000	638 000	−3 486 000

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	13 000	20 000	0	0
Total Tangible Assets	13 000	20 000	0	0
Total Fiancial Fixed Assets	5 144 000	5 034 000	4 701 000	4 601 000
Total Fixed Assets	5 157 000	5 054 000	4 701 000	4 601 000
Stock	0	0	0	0
Total Investments	681 000	0	0	0
Cash, Bank	373 000	838 000	651 000	293 000
Total Current Assets	1 238 000	1 017 000	1 109 000	639 000
Total Assets	6 395 000	6 071 000	5 810 000	5 240 000
Total Equity	6 258 000	6 005 000	5 773 000	5 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	35 000
Creditors	12 000	11 000	12 000	16 000
Unpaid Taxes	94 000	34 000	4 000	6 000
Dividends	0	0	0	0
Other Current Debt	31 000	21 000	21 000	49 000
Total Current Debt	137 000	66 000	37 000	70 000
Total Equity and Debt	6 395 000	6 071 000	5 810 000	5 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,03 %	3,88 %	11,05 %	−67,89 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	44,4 %	−153,33 %	−2 800 %	−798,59 %
Current Ratio	9,04	15,41	29,97	9,13
Quick Ratio	9,04	15,41	29,97	9,13
Equity Ratio	0,98	0,99	0,99	0,98
Gross Profit Margin	100 %	100 %	100 %	0 %