EUROROPE MARINE AS

6013 ÅLESUND

Finances

Return on Equity

42,11 %

Current Ratio

22,78

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 028 000	3 790 000	2 863 000	3 436 000
Net Income	4 947 000	1 037 000	534 000	616 000
Total Assets	23 301 000	18 344 000	5 905 000	5 780 000
Total Equity	11 748 000	6 801 000	5 764 000	5 230 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 028 000	3 790 000	2 863 000	3 436 000
Expenditure	3 446 000	2 458 000	2 480 000	2 813 000
Operating Profit	4 583 000	1 332 000	384 000	623 000
Financial Income	417 000	1 000	311 000	1 000
Financial Costs	10 000	296 000	3 000	8 000
Financial Balance	407 000	−295 000	308 000	−7 000
Earnings Before Tax	4 989 000	1 037 000	691 000	616 000
Tax	43 000	0	158 000	0
Net Income	4 947 000	1 037 000	534 000	616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 399 000	16 476 000	5 700 000	459 000
Total Current Assets	6 902 000	1 867 000	205 000	5 321 000
Total Assets	23 301 000	18 344 000	5 905 000	5 780 000
Total Retained Equity	10 538 000	5 591 000	4 554 000	4 020 000
Total Equity	11 748 000	6 801 000	5 764 000	5 230 000
Total Long-Term Debt	11 250 000	11 250 000	0	0
Total Current Debt	303 000	293 000	141 000	550 000
Total Equity and Debt	23 301 000	18 344 000	5 905 000	5 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 028 000	3 790 000	2 863 000	3 436 000
Other Income	0	0	0	0
Revenue	8 028 000	3 790 000	2 863 000	3 436 000
Cost of Goods Sold	453 000	210 000	122 000	124 000
Salary Costs	1 023 000	803 000	1 245 000	2 230 000
Depreciation	9 000	9 000	7 000	1 000
Impairment	0	0	0	0
Expenditure	3 446 000	2 458 000	2 480 000	2 813 000
Operating Profit	4 583 000	1 332 000	384 000	623 000
Financial Income	417 000	1 000	311 000	1 000
Financial Costs	10 000	296 000	3 000	8 000
Financial Balance	407 000	−295 000	308 000	−7 000
Dividends	0	0	0	0
Net Income	4 947 000	1 037 000	534 000	616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	240 000	282 000	282 000	440 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	29 000	38 000	19 000
Total Tangible Assets	21 000	29 000	38 000	19 000
Total Fiancial Fixed Assets	16 139 000	16 165 000	5 379 000	0
Total Fixed Assets	16 399 000	16 476 000	5 700 000	459 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	423 000	256 000	92 000	381 000
Total Current Assets	6 902 000	1 867 000	205 000	5 321 000
Total Assets	23 301 000	18 344 000	5 905 000	5 780 000
Total Equity	11 748 000	6 801 000	5 764 000	5 230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 250 000	11 250 000	0	0
Creditors	72 000	119 000	85 000	42 000
Unpaid Taxes	89 000	74 000	25 000	157 000
Dividends	0	0	0	0
Other Current Debt	142 000	99 000	31 000	351 000
Total Current Debt	303 000	293 000	141 000	550 000
Total Equity and Debt	23 301 000	18 344 000	5 905 000	5 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,11 %	15,25 %	9,26 %	11,78 %
Debt-to-Equity Ratio	0,96	1,65	0	0
Operating Profit Margin	57,09 %	35,15 %	13,41 %	18,13 %
Current Ratio	22,78	6,37	1,45	9,67
Quick Ratio	22,78	6,37	1,45	9,67
Equity Ratio	0,5	0,37	0,98	0,9
Gross Profit Margin	94,36 %	94,46 %	95,74 %	96,39 %