MARINE INSTALLASJON AS

3223 SANDEFJORD

Finances

Return on Equity

33,74 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 290 000	94 300 000	76 126 000	86 147 000
Net Income	2 352 000	1 525 000	1 411 000	3 053 000
Total Assets	32 537 000	26 665 000	28 459 000	28 725 000
Total Equity	6 971 000	5 818 000	7 294 000	6 483 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 290 000	94 300 000	76 126 000	86 147 000
Expenditure	109 050 000	92 221 000	74 184 000	82 043 000
Operating Profit	3 241 000	2 079 000	1 942 000	4 104 000
Financial Income	7 000	4 000	6 000	11 000
Financial Costs	233 000	127 000	138 000	198 000
Financial Balance	−226 000	−123 000	−132 000	−187 000
Earnings Before Tax	3 016 000	1 956 000	1 811 000	3 917 000
Tax	663 000	431 000	400 000	864 000
Net Income	2 352 000	1 525 000	1 411 000	3 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 773 000	3 902 000	5 037 000	4 831 000
Total Current Assets	28 764 000	22 762 000	23 422 000	23 895 000
Total Assets	32 537 000	26 665 000	28 459 000	28 725 000
Total Retained Equity	6 571 000	5 418 000	6 894 000	6 083 000
Total Equity	6 971 000	5 818 000	7 294 000	6 483 000
Total Long-Term Debt	1 849 000	1 976 000	2 095 000	2 224 000
Total Current Debt	23 717 000	18 870 000	19 071 000	20 019 000
Total Equity and Debt	32 537 000	26 665 000	28 459 000	28 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 063 000	93 813 000	75 827 000	86 130 000
Other Income	227 000	488 000	299 000	17 000
Revenue	112 290 000	94 300 000	76 126 000	86 147 000
Cost of Goods Sold	3 331 000	1 585 000	4 023 000	2 689 000
Salary Costs	95 235 000	80 354 000	60 920 000	69 346 000
Depreciation	130 000	171 000	189 000	217 000
Impairment	0	0	0	0
Expenditure	109 050 000	92 221 000	74 184 000	82 043 000
Operating Profit	3 241 000	2 079 000	1 942 000	4 104 000
Financial Income	7 000	4 000	6 000	11 000
Financial Costs	233 000	127 000	138 000	198 000
Financial Balance	−226 000	−123 000	−132 000	−187 000
Dividends	1 200 000	3 000 000	600 000	2 000 000
Net Income	2 352 000	1 525 000	1 411 000	3 053 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	54 000	0
Real Eastate	3 128 000	3 128 000	3 128 000	2 971 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	485 000	614 000	795 000	853 000
Total Tangible Assets	3 613 000	3 742 000	3 923 000	3 824 000
Total Fiancial Fixed Assets	160 000	160 000	1 060 000	1 007 000
Total Fixed Assets	3 773 000	3 902 000	5 037 000	4 831 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 917 000	5 503 000	2 462 000	4 275 000
Total Current Assets	28 764 000	22 762 000	23 422 000	23 895 000
Total Assets	32 537 000	26 665 000	28 459 000	28 725 000
Total Equity	6 971 000	5 818 000	7 294 000	6 483 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 849 000	1 976 000	2 095 000	2 224 000
Creditors	714 000	952 000	1 007 000	873 000
Unpaid Taxes	9 931 000	7 923 000	8 242 000	8 467 000
Dividends	1 200 000	3 000 000	600 000	2 000 000
Other Current Debt	11 205 000	9 626 000	7 216 000	8 357 000
Total Current Debt	23 717 000	18 870 000	19 071 000	20 019 000
Total Equity and Debt	32 537 000	26 665 000	28 459 000	28 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,74 %	26,21 %	19,34 %	47,09 %
Debt-to-Equity Ratio	0,27	0,34	0,29	0,34
Operating Profit Margin	2,89 %	2,2 %	2,55 %	4,76 %
Current Ratio	1,21	1,21	1,23	1,19
Quick Ratio	1,21	1,21	1,23	1,19
Equity Ratio	0,21	0,22	0,26	0,23
Gross Profit Margin	97,03 %	98,32 %	94,72 %	96,88 %