NORD MARIN AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

4,15 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 091 000	36 184 000	34 595 000	22 513 000
Net Income	219 000	2 348 000	879 000	−438 000
Total Assets	18 256 000	12 006 000	9 610 000	10 037 000
Total Equity	5 279 000	5 061 000	2 712 000	1 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 091 000	36 184 000	34 595 000	22 513 000
Expenditure	37 742 000	33 126 000	33 457 000	23 075 000
Operating Profit	350 000	3 057 000	1 139 000	−562 000
Financial Income	1 000	0	4 000	8 000
Financial Costs	70 000	46 000	15 000	5 000
Financial Balance	−69 000	−46 000	−11 000	3 000
Earnings Before Tax	281 000	3 011 000	1 128 000	−559 000
Tax	62 000	663 000	249 000	−121 000
Net Income	219 000	2 348 000	879 000	−438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 521 000	1 674 000	2 213 000	1 491 000
Total Current Assets	16 735 000	10 332 000	7 398 000	8 546 000
Total Assets	18 256 000	12 006 000	9 610 000	10 037 000
Total Retained Equity	4 479 000	4 261 000	1 912 000	1 033 000
Total Equity	5 279 000	5 061 000	2 712 000	1 833 000
Total Long-Term Debt	1 405 000	1 449 000	1 774 000	1 306 000
Total Current Debt	11 572 000	5 497 000	5 124 000	6 898 000
Total Equity and Debt	18 256 000	12 006 000	9 610 000	10 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 091 000	36 130 000	34 594 000	22 500 000
Other Income	0	54 000	1 000	13 000
Revenue	38 091 000	36 184 000	34 595 000	22 513 000
Cost of Goods Sold	33 251 000	29 049 000	29 821 000	19 422 000
Salary Costs	2 219 000	1 969 000	1 734 000	1 794 000
Depreciation	228 000	200 000	141 000	67 000
Impairment	0	0	0	0
Expenditure	37 742 000	33 126 000	33 457 000	23 075 000
Operating Profit	350 000	3 057 000	1 139 000	−562 000
Financial Income	1 000	0	4 000	8 000
Financial Costs	70 000	46 000	15 000	5 000
Financial Balance	−69 000	−46 000	−11 000	3 000
Dividends	0	0	0	0
Net Income	219 000	2 348 000	879 000	−438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	124 000
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	1 060 000	1 214 000	1 686 000	1 109 000
Fixtures	411 000	410 000	477 000	209 000
Total Tangible Assets	1 521 000	1 674 000	2 213 000	1 368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 521 000	1 674 000	2 213 000	1 491 000
Stock	10 797 000	7 042 000	5 002 000	7 010 000
Total Investments	0	0	0	0
Cash, Bank	3 768 000	2 355 000	1 786 000	1 283 000
Total Current Assets	16 735 000	10 332 000	7 398 000	8 546 000
Total Assets	18 256 000	12 006 000	9 610 000	10 037 000
Total Equity	5 279 000	5 061 000	2 712 000	1 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 405 000	1 449 000	1 774 000	1 306 000
Creditors	9 711 000	3 773 000	4 478 000	4 755 000
Unpaid Taxes	1 542 000	181 000	329 000	384 000
Dividends	0	0	0	0
Other Current Debt	260 000	905 000	299 000	1 760 000
Total Current Debt	11 572 000	5 497 000	5 124 000	6 898 000
Total Equity and Debt	18 256 000	12 006 000	9 610 000	10 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,15 %	46,39 %	32,41 %	−23,9 %
Debt-to-Equity Ratio	0,27	0,29	0,65	0,71
Operating Profit Margin	0,92 %	8,45 %	3,29 %	−2,5 %
Current Ratio	1,45	1,88	1,44	1,24
Quick Ratio	21,59	−6,69	60,64	−76,3
Equity Ratio	0,29	0,42	0,28	0,18
Gross Profit Margin	12,71 %	19,72 %	13,8 %	13,73 %