BOREAL MARITIM AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

285,49 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 760 000	28 818 000	19 791 000	22 026 000
Net Income	−7 908 000	−562 000	−2 327 000	−1 112 000
Total Assets	9 949 000	14 895 000	17 340 000	12 281 000
Total Equity	−2 770 000	5 138 000	5 700 000	2 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 760 000	28 818 000	19 791 000	22 026 000
Expenditure	27 533 000	29 393 000	21 878 000	22 729 000
Operating Profit	−7 772 000	−574 000	−2 086 000	−703 000
Financial Income	83 000	67 000	128 000	1 000
Financial Costs	218 000	54 000	369 000	409 000
Financial Balance	−135 000	13 000	−241 000	−408 000
Earnings Before Tax	−7 908 000	−562 000	−2 327 000	−1 112 000
Tax	0	0	0	0
Net Income	−7 908 000	−562 000	−2 327 000	−1 112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 571 000	7 553 000	7 099 000	4 083 000
Total Current Assets	3 379 000	7 342 000	10 241 000	8 198 000
Total Assets	9 949 000	14 895 000	17 340 000	12 281 000
Total Retained Equity	−10 183 000	−2 275 000	−1 713 000	614 000
Total Equity	−2 770 000	5 138 000	5 700 000	2 533 000
Total Long-Term Debt	541 000	682 000	0	0
Total Current Debt	12 178 000	9 074 000	11 640 000	9 749 000
Total Equity and Debt	9 949 000	14 895 000	17 340 000	12 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 741 000	28 849 000	19 420 000	22 026 000
Other Income	18 000	−31 000	371 000	0
Revenue	19 760 000	28 818 000	19 791 000	22 026 000
Cost of Goods Sold	4 061 000	7 163 000	3 807 000	3 776 000
Salary Costs	8 974 000	9 267 000	7 438 000	6 034 000
Depreciation	1 043 000	826 000	628 000	429 000
Impairment	0	0	26 000	0
Expenditure	27 533 000	29 393 000	21 878 000	22 729 000
Operating Profit	−7 772 000	−574 000	−2 086 000	−703 000
Financial Income	83 000	67 000	128 000	1 000
Financial Costs	218 000	54 000	369 000	409 000
Financial Balance	−135 000	13 000	−241 000	−408 000
Dividends	0	0	0	0
Net Income	−7 908 000	−562 000	−2 327 000	−1 112 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 000	19 000	19 000	19 000
Machinery and Plant Facilities	4 771 000	5 229 000	5 490 000	3 808 000
Fixtures	744 000	912 000	113 000	225 000
Total Tangible Assets	5 534 000	6 160 000	5 621 000	4 051 000
Total Fiancial Fixed Assets	1 037 000	1 392 000	1 478 000	32 000
Total Fixed Assets	6 571 000	7 553 000	7 099 000	4 083 000
Stock	1 229 000	725 000	375 000	397 000
Total Investments	0	0	0	0
Cash, Bank	364 000	2 392 000	4 826 000	45 000
Total Current Assets	3 379 000	7 342 000	10 241 000	8 198 000
Total Assets	9 949 000	14 895 000	17 340 000	12 281 000
Total Equity	−2 770 000	5 138 000	5 700 000	2 533 000
Short-Term Group Debt	6 890 000	4 747 000	5 297 000	0
Total Long-Term Debt	541 000	682 000	0	0
Creditors	1 509 000	1 975 000	2 920 000	5 177 000
Unpaid Taxes	356 000	1 026 000	1 016 000	737 000
Dividends	0	0	0	0
Other Current Debt	2 184 000	1 326 000	2 407 000	3 835 000
Total Current Debt	12 178 000	9 074 000	11 640 000	9 749 000
Total Equity and Debt	9 949 000	14 895 000	17 340 000	12 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	285,49 %	−10,94 %	−40,82 %	−43,9 %
Debt-to-Equity Ratio	−0,2	0,13	0	0
Operating Profit Margin	−39,33 %	−1,99 %	−10,54 %	−3,19 %
Current Ratio	0,28	0,81	0,88	0,84
Quick Ratio	0,31	0,88	0,91	0,88
Equity Ratio	−0,28	0,34	0,33	0,21
Gross Profit Margin	79,45 %	75,14 %	80,76 %	82,86 %