MARITIM RESEARCH I AS

6003 ÅLESUND

Finances

Return on Equity

−3,58 %

Current Ratio

1,99

Debt-to-Equity Ratio

3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 685 000	114 202 000	30 284 000	3 011 000
Net Income	−1 656 000	−1 794 000	−15 868 000	−14 540 000
Total Assets	224 016 000	235 999 000	330 342 000	158 877 000
Total Equity	46 246 000	47 902 000	39 218 000	−12 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 685 000	114 202 000	30 284 000	3 011 000
Expenditure	157 193 000	112 336 000	57 553 000	16 605 000
Operating Profit	3 491 000	1 866 000	−27 269 000	−13 595 000
Financial Income	858 000	3 264 000	677 000	79 000
Financial Costs	6 005 000	9 881 000	8 350 000	2 923 000
Financial Balance	−5 147 000	−6 617 000	−7 673 000	−2 844 000
Earnings Before Tax	−1 656 000	−4 750 000	−34 942 000	−16 438 000
Tax	0	−2 955 000	−19 075 000	−1 898 000
Net Income	−1 656 000	−1 794 000	−15 868 000	−14 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 609 000	190 890 000	200 179 000	129 405 000
Total Current Assets	52 408 000	45 109 000	130 163 000	29 472 000
Total Assets	224 016 000	235 999 000	330 342 000	158 877 000
Total Retained Equity	−13 131 000	−11 475 000	−20 159 000	−71 919 000
Total Equity	46 246 000	47 902 000	39 218 000	−12 542 000
Total Long-Term Debt	151 428 000	169 116 000	268 000 000	125 000 000
Total Current Debt	26 343 000	18 981 000	23 124 000	46 419 000
Total Equity and Debt	224 016 000	235 999 000	330 342 000	158 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 213 000	113 282 000	27 728 000	0
Other Income	471 000	920 000	2 556 000	3 011 000
Revenue	160 685 000	114 202 000	30 284 000	3 011 000
Cost of Goods Sold	0	0	0	0
Salary Costs	70 585 000	23 653 000	12 129 000	2 631 000
Depreciation	19 281 000	28 988 000	18 485 000	10 111 000
Impairment	0	0	0	0
Expenditure	157 193 000	112 336 000	57 553 000	16 605 000
Operating Profit	3 491 000	1 866 000	−27 269 000	−13 595 000
Financial Income	858 000	3 264 000	677 000	79 000
Financial Costs	6 005 000	9 881 000	8 350 000	2 923 000
Financial Balance	−5 147 000	−6 617 000	−7 673 000	−2 844 000
Dividends	0	0	0	0
Net Income	−1 656 000	−1 794 000	−15 868 000	−14 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	171 599 000	190 880 000	200 169 000	129 395 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	171 609 000	190 890 000	200 179 000	129 405 000
Stock	3 475 000	2 139 000	3 181 000	1 708 000
Total Investments	0	0	0	0
Cash, Bank	18 600 000	8 790 000	17 145 000	1 281 000
Total Current Assets	52 408 000	45 109 000	130 163 000	29 472 000
Total Assets	224 016 000	235 999 000	330 342 000	158 877 000
Total Equity	46 246 000	47 902 000	39 218 000	−12 542 000
Short-Term Group Debt	15 000 000	0	0	0
Total Long-Term Debt	151 428 000	169 116 000	268 000 000	125 000 000
Creditors	8 532 000	6 789 000	14 258 000	45 261 000
Unpaid Taxes	708 000	160 000	593 000	304 000
Dividends	0	0	0	0
Other Current Debt	2 103 000	12 031 000	8 273 000	855 000
Total Current Debt	26 343 000	18 981 000	23 124 000	46 419 000
Total Equity and Debt	224 016 000	235 999 000	330 342 000	158 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,58 %	−3,75 %	−40,46 %	115,93 %
Debt-to-Equity Ratio	3,27	3,53	6,83	−9,97
Operating Profit Margin	2,17 %	1,63 %	−90,04 %	−451,51 %
Current Ratio	1,99	2,38	5,63	0,63
Quick Ratio	2,29	2,68	6,53	0,66
Equity Ratio	0,21	0,2	0,12	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %