MARINELEKTRONIKK AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

16,47 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 490 000	32 103 000	21 528 000	29 780 000
Net Income	1 806 000	1 756 000	1 238 000	687 000
Total Assets	20 751 000	22 740 000	13 157 000	10 128 000
Total Equity	10 968 000	9 162 000	9 406 000	8 169 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 490 000	32 103 000	21 528 000	29 780 000
Expenditure	43 154 000	29 829 000	19 860 000	28 834 000
Operating Profit	2 336 000	2 272 000	1 667 000	946 000
Financial Income	1 000	1 000	1 000	6 000
Financial Costs	4 000	8 000	68 000	57 000
Financial Balance	−3 000	−7 000	−67 000	−51 000
Earnings Before Tax	2 333 000	2 265 000	1 600 000	895 000
Tax	528 000	509 000	363 000	208 000
Net Income	1 806 000	1 756 000	1 238 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	425 000	44 000	57 000	295 000
Total Current Assets	20 325 000	22 697 000	13 100 000	9 833 000
Total Assets	20 751 000	22 740 000	13 157 000	10 128 000
Total Retained Equity	10 868 000	9 062 000	9 306 000	8 069 000
Total Equity	10 968 000	9 162 000	9 406 000	8 169 000
Total Long-Term Debt	1 000	1 000	0	0
Total Current Debt	9 782 000	13 577 000	3 751 000	1 960 000
Total Equity and Debt	20 751 000	22 740 000	13 157 000	10 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 603 000	31 602 000	21 284 000	29 771 000
Other Income	886 000	501 000	244 000	9 000
Revenue	45 490 000	32 103 000	21 528 000	29 780 000
Cost of Goods Sold	36 886 000	23 990 000	14 747 000	23 842 000
Salary Costs	4 575 000	4 129 000	3 549 000	3 765 000
Depreciation	15 000	9 000	86 000	102 000
Impairment	0	0	0	0
Expenditure	43 154 000	29 829 000	19 860 000	28 834 000
Operating Profit	2 336 000	2 272 000	1 667 000	946 000
Financial Income	1 000	1 000	1 000	6 000
Financial Costs	4 000	8 000	68 000	57 000
Financial Balance	−3 000	−7 000	−67 000	−51 000
Dividends	0	2 000 000	0	0
Net Income	1 806 000	1 756 000	1 238 000	687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	39 000	191 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	399 000	9 000	18 000	104 000
Total Tangible Assets	399 000	9 000	18 000	104 000
Total Fiancial Fixed Assets	27 000	35 000	0	0
Total Fixed Assets	425 000	44 000	57 000	295 000
Stock	2 970 000	2 778 000	3 116 000	1 437 000
Total Investments	0	0	0	0
Cash, Bank	8 535 000	4 050 000	5 842 000	6 846 000
Total Current Assets	20 325 000	22 697 000	13 100 000	9 833 000
Total Assets	20 751 000	22 740 000	13 157 000	10 128 000
Total Equity	10 968 000	9 162 000	9 406 000	8 169 000
Short-Term Group Debt	0	2 000 000	0	0
Total Long-Term Debt	1 000	1 000	0	0
Creditors	8 096 000	10 019 000	2 013 000	902 000
Unpaid Taxes	479 000	440 000	942 000	465 000
Dividends	0	2 000 000	0	0
Other Current Debt	679 000	648 000	586 000	592 000
Total Current Debt	9 782 000	13 577 000	3 751 000	1 960 000
Total Equity and Debt	20 751 000	22 740 000	13 157 000	10 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,47 %	19,17 %	13,16 %	8,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,14 %	7,08 %	7,74 %	3,18 %
Current Ratio	2,08	1,67	3,49	5,02
Quick Ratio	2,98	2,1	20,63	18,8
Equity Ratio	0,53	0,4	0,71	0,81
Gross Profit Margin	18,91 %	25,27 %	31,5 %	19,94 %