MARINE ALUMINIUM INDUSTRIER AS

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

4,07 %

Current Ratio

0,04

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 408 000	5 221 000	3 117 000	3 196 000
Net Income	1 022 000	1 165 000	1 179 000	1 452 000
Total Assets	40 440 000	40 863 000	39 338 000	36 903 000
Total Equity	25 108 000	25 114 000	23 949 000	22 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 408 000	5 221 000	3 117 000	3 196 000
Expenditure	3 741 000	3 424 000	1 383 000	1 325 000
Operating Profit	1 666 000	1 797 000	1 734 000	1 871 000
Financial Income	0	0	8 000	13 000
Financial Costs	356 000	304 000	231 000	23 000
Financial Balance	−356 000	−304 000	−223 000	−10 000
Earnings Before Tax	1 311 000	1 494 000	1 511 000	1 862 000
Tax	288 000	329 000	333 000	410 000
Net Income	1 022 000	1 165 000	1 179 000	1 452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 799 000	40 107 000	36 877 000	32 751 000
Total Current Assets	641 000	756 000	2 461 000	4 152 000
Total Assets	40 440 000	40 863 000	39 338 000	36 903 000
Total Retained Equity	13 108 000	13 114 000	11 949 000	10 770 000
Total Equity	25 108 000	25 114 000	23 949 000	22 770 000
Total Long-Term Debt	385 000	386 000	376 000	359 000
Total Current Debt	14 947 000	15 363 000	15 014 000	13 774 000
Total Equity and Debt	40 440 000	40 863 000	39 338 000	36 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 408 000	5 221 000	3 117 000	3 196 000
Other Income	0	0	0	0
Revenue	5 408 000	5 221 000	3 117 000	3 196 000
Cost of Goods Sold	164 000	107 000	59 000	139 000
Salary Costs	0	0	0	0
Depreciation	471 000	498 000	528 000	560 000
Impairment	0	0	0	0
Expenditure	3 741 000	3 424 000	1 383 000	1 325 000
Operating Profit	1 666 000	1 797 000	1 734 000	1 871 000
Financial Income	0	0	8 000	13 000
Financial Costs	356 000	304 000	231 000	23 000
Financial Balance	−356 000	−304 000	−223 000	−10 000
Dividends	0	0	0	0
Net Income	1 022 000	1 165 000	1 179 000	1 452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 097 000	32 133 000	36 871 000	32 742 000
Machinery and Plant Facilities	4 702 000	7 974 000	7 000	8 000
Fixtures	0	0	0	0
Total Tangible Assets	39 799 000	40 107 000	36 877 000	32 751 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 799 000	40 107 000	36 877 000	32 751 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	276 000	479 000	1 725 000	976 000
Total Current Assets	641 000	756 000	2 461 000	4 152 000
Total Assets	40 440 000	40 863 000	39 338 000	36 903 000
Total Equity	25 108 000	25 114 000	23 949 000	22 770 000
Short-Term Group Debt	14 751 000	14 782 000	12 891 000	13 386 000
Total Long-Term Debt	385 000	386 000	376 000	359 000
Creditors	7 000	113 000	1 803 000	0
Unpaid Taxes	31 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	157 000	150 000	4 000	4 000
Total Current Debt	14 947 000	15 363 000	15 014 000	13 774 000
Total Equity and Debt	40 440 000	40 863 000	39 338 000	36 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,07 %	4,64 %	4,92 %	6,38 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,02
Operating Profit Margin	30,81 %	34,42 %	55,63 %	58,54 %
Current Ratio	0,04	0,05	0,16	0,3
Quick Ratio	0,04	0,05	0,16	0,3
Equity Ratio	0,62	0,61	0,61	0,62
Gross Profit Margin	96,97 %	97,95 %	98,11 %	95,65 %