MARIN DESIGN AS

7970 KOLVEREID

Finances

Share Ownership

Return on Equity

55,01 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 186 000	27 094 000	18 541 000	15 406 000
Net Income	2 230 000	4 465 000	1 374 000	930 000
Total Assets	13 145 000	14 585 000	9 713 000	8 124 000
Total Equity	4 054 000	3 664 000	2 699 000	2 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 186 000	27 094 000	18 541 000	15 406 000
Expenditure	30 351 000	21 328 000	16 965 000	13 570 000
Operating Profit	2 834 000	5 766 000	1 574 000	1 835 000
Financial Income	176 000	35 000	31 000	60 000
Financial Costs	132 000	69 000	−126 000	537 000
Financial Balance	44 000	−34 000	157 000	−477 000
Earnings Before Tax	2 878 000	5 731 000	1 732 000	1 359 000
Tax	649 000	1 266 000	358 000	429 000
Net Income	2 230 000	4 465 000	1 374 000	930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 062 000	1 331 000	1 590 000	967 000
Total Current Assets	12 083 000	13 255 000	8 123 000	7 157 000
Total Assets	13 145 000	14 585 000	9 713 000	8 124 000
Total Retained Equity	2 972 000	2 582 000	1 617 000	1 230 000
Total Equity	4 054 000	3 664 000	2 699 000	2 312 000
Total Long-Term Debt	1 958 000	2 208 000	2 458 000	400 000
Total Current Debt	7 133 000	8 713 000	4 555 000	5 412 000
Total Equity and Debt	13 145 000	14 585 000	9 713 000	8 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 186 000	27 094 000	18 541 000	15 406 000
Other Income	0	0	0	0
Revenue	33 186 000	27 094 000	18 541 000	15 406 000
Cost of Goods Sold	8 074 000	3 860 000	4 352 000	3 097 000
Salary Costs	16 882 000	12 062 000	9 056 000	7 064 000
Depreciation	361 000	314 000	366 000	637 000
Impairment	0	0	0	0
Expenditure	30 351 000	21 328 000	16 965 000	13 570 000
Operating Profit	2 834 000	5 766 000	1 574 000	1 835 000
Financial Income	176 000	35 000	31 000	60 000
Financial Costs	132 000	69 000	−126 000	537 000
Financial Balance	44 000	−34 000	157 000	−477 000
Dividends	1 620 000	3 500 000	800 000	800 000
Net Income	2 230 000	4 465 000	1 374 000	930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	18 000	16 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 313 000	0	0
Fixtures	1 048 000	0	1 040 000	562 000
Total Tangible Assets	1 048 000	1 313 000	1 040 000	562 000
Total Fiancial Fixed Assets	0	0	534 000	380 000
Total Fixed Assets	1 062 000	1 331 000	1 590 000	967 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 111 000	5 756 000	3 537 000	3 743 000
Total Current Assets	12 083 000	13 255 000	8 123 000	7 157 000
Total Assets	13 145 000	14 585 000	9 713 000	8 124 000
Total Equity	4 054 000	3 664 000	2 699 000	2 312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 958 000	2 208 000	2 458 000	400 000
Creditors	1 078 000	973 000	276 000	235 000
Unpaid Taxes	1 993 000	1 680 000	1 468 000	1 795 000
Dividends	1 620 000	3 500 000	800 000	800 000
Other Current Debt	1 797 000	1 291 000	1 715 000	2 190 000
Total Current Debt	7 133 000	8 713 000	4 555 000	5 412 000
Total Equity and Debt	13 145 000	14 585 000	9 713 000	8 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,01 %	121,86 %	50,91 %	40,22 %
Debt-to-Equity Ratio	0,48	0,6	0,91	0,17
Operating Profit Margin	8,54 %	21,28 %	8,49 %	11,91 %
Current Ratio	1,69	1,52	1,78	1,32
Quick Ratio	1,69	1,52	1,78	1,32
Equity Ratio	0,31	0,25	0,28	0,28
Gross Profit Margin	75,67 %	85,75 %	76,53 %	79,9 %