BENGUELA MARINE MANAGEMENT AS

5019 BERGEN

Finances

Return on Equity

−3,62 %

Current Ratio

8,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	611 000	608 000	128 000	39 000
Net Income	−31 000	370 000	−120 000	−131 000
Total Assets	962 000	1 178 000	1 003 000	2 056 000
Total Equity	857 000	887 000	681 000	1 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	611 000	608 000	128 000	39 000
Expenditure	676 000	327 000	167 000	72 000
Operating Profit	−66 000	280 000	−39 000	−34 000
Financial Income	37 000	140 000	15 000	0
Financial Costs	1 000	15 000	96 000	97 000
Financial Balance	36 000	125 000	−81 000	−97 000
Earnings Before Tax	−30 000	405 000	−120 000	−131 000
Tax	1 000	35 000	0	0
Net Income	−31 000	370 000	−120 000	−131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	240 000	4 000	8 000
Total Current Assets	920 000	937 000	998 000	2 048 000
Total Assets	962 000	1 178 000	1 003 000	2 056 000
Total Retained Equity	751 000	781 000	575 000	990 000
Total Equity	857 000	887 000	681 000	1 096 000
Total Long-Term Debt	0	0	0	959 000
Total Current Debt	105 000	290 000	321 000	1 000
Total Equity and Debt	962 000	1 178 000	1 003 000	2 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	611 000	608 000	128 000	39 000
Other Income	0	0	0	0
Revenue	611 000	608 000	128 000	39 000
Cost of Goods Sold	0	0	0	0
Salary Costs	355 000	25 000	4 000	3 000
Depreciation	34 000	28 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	676 000	327 000	167 000	72 000
Operating Profit	−66 000	280 000	−39 000	−34 000
Financial Income	37 000	140 000	15 000	0
Financial Costs	1 000	15 000	96 000	97 000
Financial Balance	36 000	125 000	−81 000	−97 000
Dividends	0	164 000	295 000	0
Net Income	−31 000	370 000	−120 000	−131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	76 000	4 000	8 000
Total Tangible Assets	42 000	76 000	4 000	8 000
Total Fiancial Fixed Assets	0	164 000	0	0
Total Fixed Assets	42 000	240 000	4 000	8 000
Stock	0	0	0	0
Total Investments	257 000	133 000	−12 000	84 000
Cash, Bank	388 000	559 000	577 000	1 964 000
Total Current Assets	920 000	937 000	998 000	2 048 000
Total Assets	962 000	1 178 000	1 003 000	2 056 000
Total Equity	857 000	887 000	681 000	1 096 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	959 000
Creditors	14 000	6 000	0	1 000
Unpaid Taxes	44 000	64 000	26 000	0
Dividends	0	164 000	295 000	0
Other Current Debt	48 000	20 000	0	0
Total Current Debt	105 000	290 000	321 000	1 000
Total Equity and Debt	962 000	1 178 000	1 003 000	2 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,62 %	41,71 %	−17,62 %	−11,95 %
Debt-to-Equity Ratio	0	0	0	0,88
Operating Profit Margin	−10,8 %	46,05 %	−30,47 %	−87,18 %
Current Ratio	8,76	3,23	3,11	2 048
Quick Ratio	8,76	3,23	3,11	2 048
Equity Ratio	0,89	0,75	0,68	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %