MARIN AS

5160 LAKSEVÅG

Finances

Return on Equity

−19,48 %

Current Ratio

0,85

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 467 000	21 486 000	23 370 000	26 140 000
Net Income	−8 990 000	−4 712 000	2 029 000	5 231 000
Total Assets	131 201 000	129 610 000	132 554 000	138 901 000
Total Equity	46 143 000	57 723 000	70 810 000	73 712 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 467 000	21 486 000	23 370 000	26 140 000
Expenditure	33 879 000	25 478 000	20 591 000	21 168 000
Operating Profit	−8 412 000	−3 992 000	2 779 000	4 971 000
Financial Income	6 000	6 000	1 732 000	2 013 000
Financial Costs	2 112 000	999 000	947 000	−204 000
Financial Balance	−2 106 000	−993 000	785 000	2 217 000
Earnings Before Tax	−10 518 000	−4 985 000	3 564 000	7 189 000
Tax	−1 528 000	−273 000	1 536 000	1 958 000
Net Income	−8 990 000	−4 712 000	2 029 000	5 231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 114 000	116 852 000	120 666 000	122 616 000
Total Current Assets	12 087 000	12 758 000	11 888 000	16 285 000
Total Assets	131 201 000	129 610 000	132 554 000	138 901 000
Total Retained Equity	43 643 000	55 223 000	68 310 000	71 212 000
Total Equity	46 143 000	57 723 000	70 810 000	73 712 000
Total Long-Term Debt	70 897 000	58 387 000	49 455 000	51 825 000
Total Current Debt	14 161 000	13 500 000	12 289 000	13 363 000
Total Equity and Debt	131 201 000	129 610 000	132 554 000	138 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	21 486 000	23 290 000	22 509 000
Other Income	25 467 000	0	80 000	3 631 000
Revenue	25 467 000	21 486 000	23 370 000	26 140 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 278 000	5 676 000	5 756 000	6 295 000
Depreciation	2 774 000	2 757 000	2 756 000	2 745 000
Impairment	0	0	0	0
Expenditure	33 879 000	25 478 000	20 591 000	21 168 000
Operating Profit	−8 412 000	−3 992 000	2 779 000	4 971 000
Financial Income	6 000	6 000	1 732 000	2 013 000
Financial Costs	2 112 000	999 000	947 000	−204 000
Financial Balance	−2 106 000	−993 000	785 000	2 217 000
Dividends	3 000 000	4 000 000	4 000 000	4 000 000
Net Income	−8 990 000	−4 712 000	2 029 000	5 231 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	118 888 000	116 657 000	120 413 000	122 379 000
Machinery and Plant Facilities	226 000	195 000	253 000	236 000
Fixtures	0	0	0	0
Total Tangible Assets	119 114 000	116 852 000	120 666 000	122 616 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	119 114 000	116 852 000	120 666 000	122 616 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 886 000	5 606 000	2 390 000	8 257 000
Total Current Assets	12 087 000	12 758 000	11 888 000	16 285 000
Total Assets	131 201 000	129 610 000	132 554 000	138 901 000
Total Equity	46 143 000	57 723 000	70 810 000	73 712 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 897 000	58 387 000	49 455 000	51 825 000
Creditors	1 460 000	1 863 000	231 000	946 000
Unpaid Taxes	1 479 000	1 347 000	1 245 000	1 445 000
Dividends	3 000 000	4 000 000	4 000 000	4 000 000
Other Current Debt	8 221 000	6 290 000	5 218 000	4 980 000
Total Current Debt	14 161 000	13 500 000	12 289 000	13 363 000
Total Equity and Debt	131 201 000	129 610 000	132 554 000	138 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,48 %	−8,16 %	2,87 %	7,1 %
Debt-to-Equity Ratio	1,54	1,01	0,7	0,7
Operating Profit Margin	−33,03 %	−18,58 %	11,89 %	19,02 %
Current Ratio	0,85	0,95	0,97	1,22
Quick Ratio	0,85	0,95	0,97	1,22
Equity Ratio	0,35	0,45	0,53	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %