MARINE ALUMINIUM AS

4262 AVALDSNES

Finances

Return on Equity

71,68 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 827 000	122 203 000	141 579 000	167 321 000
Net Income	26 247 000	−11 451 000	1 233 000	−21 538 000
Total Assets	155 341 000	101 671 000	101 951 000	124 859 000
Total Equity	36 618 000	30 418 000	30 418 000	29 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 827 000	122 203 000	141 579 000	167 321 000
Expenditure	203 518 000	124 114 000	140 500 000	173 036 000
Operating Profit	24 309 000	−1 910 000	1 079 000	−5 716 000
Financial Income	7 209 000	3 178 000	12 105 000	2 437 000
Financial Costs	13 590 000	12 719 000	11 951 000	9 069 000
Financial Balance	−6 381 000	−9 541 000	154 000	−6 632 000
Earnings Before Tax	17 928 000	−11 451 000	1 233 000	−12 348 000
Tax	−8 319 000	0	0	9 190 000
Net Income	26 247 000	−11 451 000	1 233 000	−21 538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 946 000	24 494 000	32 523 000	36 048 000
Total Current Assets	125 395 000	77 177 000	69 428 000	88 811 000
Total Assets	155 341 000	101 671 000	101 951 000	124 859 000
Total Retained Equity	7 433 000	1 233 000	1 233 000	0
Total Equity	36 618 000	30 418 000	30 418 000	29 185 000
Total Long-Term Debt	27 035 000	15 102 000	4 138 000	710 000
Total Current Debt	91 687 000	56 151 000	67 395 000	94 964 000
Total Equity and Debt	155 341 000	101 671 000	101 951 000	124 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	227 827 000	122 203 000	141 579 000	167 321 000
Other Income	0	0	0	0
Revenue	227 827 000	122 203 000	141 579 000	167 321 000
Cost of Goods Sold	116 158 000	51 504 000	73 436 000	89 589 000
Salary Costs	54 729 000	48 236 000	49 732 000	49 038 000
Depreciation	2 141 000	2 381 000	2 694 000	3 073 000
Impairment	0	0	0	0
Expenditure	203 518 000	124 114 000	140 500 000	173 036 000
Operating Profit	24 309 000	−1 910 000	1 079 000	−5 716 000
Financial Income	7 209 000	3 178 000	12 105 000	2 437 000
Financial Costs	13 590 000	12 719 000	11 951 000	9 069 000
Financial Balance	−6 381 000	−9 541 000	154 000	−6 632 000
Dividends	0	0	0	0
Net Income	26 247 000	−11 451 000	1 233 000	−21 538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 248 000	17 685 000	18 338 000	19 315 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 741 000	2 841 000	3 798 000	4 825 000
Total Tangible Assets	4 741 000	2 841 000	3 798 000	4 825 000
Total Fiancial Fixed Assets	957 000	3 968 000	10 387 000	11 907 000
Total Fixed Assets	29 946 000	24 494 000	32 523 000	36 048 000
Stock	64 641 000	45 084 000	39 299 000	24 905 000
Total Investments	0	0	0	0
Cash, Bank	5 018 000	1 838 000	1 659 000	1 896 000
Total Current Assets	125 395 000	77 177 000	69 428 000	88 811 000
Total Assets	155 341 000	101 671 000	101 951 000	124 859 000
Total Equity	36 618 000	30 418 000	30 418 000	29 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 035 000	15 102 000	4 138 000	710 000
Creditors	36 070 000	8 881 000	8 855 000	40 183 000
Unpaid Taxes	3 682 000	2 870 000	3 720 000	2 963 000
Dividends	0	0	0	0
Other Current Debt	32 374 000	28 386 000	30 819 000	40 465 000
Total Current Debt	91 687 000	56 151 000	67 395 000	94 964 000
Total Equity and Debt	155 341 000	101 671 000	101 951 000	124 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,68 %	−37,65 %	4,05 %	−73,8 %
Debt-to-Equity Ratio	0,74	0,5	0,14	0,02
Operating Profit Margin	10,67 %	−1,56 %	0,76 %	−3,42 %
Current Ratio	1,37	1,37	1,03	0,94
Quick Ratio	4,64	6,97	2,47	1,27
Equity Ratio	0,24	0,3	0,3	0,23
Gross Profit Margin	49,01 %	57,85 %	48,13 %	46,46 %