MARITIME HOLDING AS

6390 VESTNES

Finances

Return on Equity

27,64 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 029 368 000	1 040 884 000	1 035 440 000	921 317 000
Net Income	67 628 000	72 776 000	55 800 000	25 820 000
Total Assets	484 298 000	581 809 000	492 794 000	358 397 000
Total Equity	244 682 000	210 579 000	173 428 000	141 711 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 029 368 000	1 040 884 000	1 035 440 000	921 317 000
Expenditure	925 267 000	933 974 000	960 742 000	878 959 000
Operating Profit	104 101 000	106 910 000	74 698 000	42 358 000
Financial Income	22 070 000	5 661 000	11 197 000	3 648 000
Financial Costs	37 109 000	17 896 000	14 330 000	12 916 000
Financial Balance	−15 039 000	−12 235 000	−3 133 000	−9 268 000
Earnings Before Tax	89 062 000	94 675 000	71 566 000	33 090 000
Tax	21 433 000	21 899 000	15 766 000	7 270 000
Net Income	67 628 000	72 776 000	55 800 000	25 820 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 193 000	83 276 000	75 721 000	83 047 000
Total Current Assets	391 105 000	498 533 000	417 073 000	275 350 000
Total Assets	484 298 000	581 809 000	492 794 000	358 397 000
Total Retained Equity	240 538 000	206 435 000	161 966 000	130 248 000
Total Equity	244 682 000	210 579 000	173 428 000	141 711 000
Total Long-Term Debt	15 000 000	38 713 000	52 429 000	45 981 000
Total Current Debt	224 616 000	332 517 000	266 937 000	170 705 000
Total Equity and Debt	484 298 000	581 809 000	492 794 000	358 397 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 024 084 000	1 036 946 000	1 032 325 000	915 812 000
Other Income	5 284 000	3 938 000	3 115 000	5 505 000
Revenue	1 029 368 000	1 040 884 000	1 035 440 000	921 317 000
Cost of Goods Sold	798 092 000	840 653 000	868 218 000	783 857 000
Salary Costs	65 175 000	57 371 000	52 498 000	51 347 000
Depreciation	11 418 000	9 167 000	9 656 000	9 928 000
Impairment	0	0	0	0
Expenditure	925 267 000	933 974 000	960 742 000	878 959 000
Operating Profit	104 101 000	106 910 000	74 698 000	42 358 000
Financial Income	22 070 000	5 661 000	11 197 000	3 648 000
Financial Costs	37 109 000	17 896 000	14 330 000	12 916 000
Financial Balance	−15 039 000	−12 235 000	−3 133 000	−9 268 000
Dividends	33 525 000	35 625 000	24 083 000	2 850 000
Net Income	67 628 000	72 776 000	55 800 000	25 820 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 903 000	0	0	0
Real Eastate	54 838 000	54 901 000	49 380 000	52 447 000
Machinery and Plant Facilities	16 329 000	9 174 000	4 484 000	6 081 000
Fixtures	3 583 000	2 414 000	1 397 000	1 632 000
Total Tangible Assets	89 990 000	75 395 000	66 043 000	72 816 000
Total Fiancial Fixed Assets	300 000	7 881 000	9 678 000	10 231 000
Total Fixed Assets	93 193 000	83 276 000	75 721 000	83 047 000
Stock	1 995 000	1 769 000	2 252 000	2 133 000
Total Investments	598 000	690 000	495 000	498 000
Cash, Bank	8 964 000	77 276 000	23 342 000	85 148 000
Total Current Assets	391 105 000	498 533 000	417 073 000	275 350 000
Total Assets	484 298 000	581 809 000	492 794 000	358 397 000
Total Equity	244 682 000	210 579 000	173 428 000	141 711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000 000	38 713 000	52 429 000	45 981 000
Creditors	60 578 000	73 657 000	74 144 000	69 646 000
Unpaid Taxes	4 150 000	3 622 000	3 434 000	4 043 000
Dividends	33 525 000	35 625 000	24 083 000	2 850 000
Other Current Debt	62 885 000	71 935 000	54 204 000	41 105 000
Total Current Debt	224 616 000	332 517 000	266 937 000	170 705 000
Total Equity and Debt	484 298 000	581 809 000	492 794 000	358 397 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,64 %	34,56 %	32,17 %	18,22 %
Debt-to-Equity Ratio	0,06	0,18	0,3	0,32
Operating Profit Margin	10,11 %	10,27 %	7,21 %	4,6 %
Current Ratio	1,74	1,5	1,56	1,61
Quick Ratio	1,76	1,51	1,58	1,63
Equity Ratio	0,51	0,36	0,35	0,4
Gross Profit Margin	22,47 %	19,24 %	16,15 %	14,92 %