MARITIME CONSTRUCTION SOLUTIONS AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

27,1 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	146 713 000	142 441 000	85 248 000	92 978 000
Net Income	15 899 000	22 171 000	2 386 000	2 469 000
Total Assets	90 047 000	72 751 000	57 901 000	43 690 000
Total Equity	58 664 000	42 766 000	20 953 000	18 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	146 713 000	142 441 000	85 248 000	92 978 000
Expenditure	125 650 000	113 180 000	83 046 000	89 239 000
Operating Profit	21 063 000	29 261 000	3 048 000	3 724 000
Financial Income	832 000	573 000	281 000	199 000
Financial Costs	1 491 000	1 447 000	766 000	710 000
Financial Balance	−659 000	−874 000	−485 000	−511 000
Earnings Before Tax	20 404 000	28 387 000	2 563 000	3 213 000
Tax	4 505 000	6 215 000	177 000	744 000
Net Income	15 899 000	22 171 000	2 386 000	2 469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 281 000	4 627 000	558 000	448 000
Total Current Assets	85 766 000	68 124 000	57 343 000	43 243 000
Total Assets	90 047 000	72 751 000	57 901 000	43 690 000
Total Retained Equity	58 563 000	42 665 000	20 852 000	18 594 000
Total Equity	58 664 000	42 766 000	20 953 000	18 695 000
Total Long-Term Debt	3 015 000	3 845 000	3 873 000	3 955 000
Total Current Debt	28 367 000	26 141 000	33 075 000	21 040 000
Total Equity and Debt	90 047 000	72 751 000	57 901 000	43 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 977 000	142 919 000	84 565 000	92 977 000
Other Income	736 000	−478 000	682 000	2 000
Revenue	146 713 000	142 441 000	85 248 000	92 978 000
Cost of Goods Sold	46 670 000	47 303 000	25 077 000	22 330 000
Salary Costs	55 884 000	44 637 000	37 140 000	46 805 000
Depreciation	597 000	321 000	63 000	68 000
Impairment	0	0	14 000	0
Expenditure	125 650 000	113 180 000	83 046 000	89 239 000
Operating Profit	21 063 000	29 261 000	3 048 000	3 724 000
Financial Income	832 000	573 000	281 000	199 000
Financial Costs	1 491 000	1 447 000	766 000	710 000
Financial Balance	−659 000	−874 000	−485 000	−511 000
Dividends	0	0	0	0
Net Income	15 899 000	22 171 000	2 386 000	2 469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	349 000	295 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 116 000	4 627 000	209 000	2 000
Fixtures	164 000	0	0	150 000
Total Tangible Assets	4 281 000	4 627 000	209 000	152 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 281 000	4 627 000	558 000	448 000
Stock	12 309 000	11 360 000	11 143 000	10 044 000
Total Investments	0	0	0	0
Cash, Bank	22 598 000	6 754 000	1 652 000	2 670 000
Total Current Assets	85 766 000	68 124 000	57 343 000	43 243 000
Total Assets	90 047 000	72 751 000	57 901 000	43 690 000
Total Equity	58 664 000	42 766 000	20 953 000	18 695 000
Short-Term Group Debt	95 000	495 000	178 000	620 000
Total Long-Term Debt	3 015 000	3 845 000	3 873 000	3 955 000
Creditors	3 614 000	7 402 000	10 945 000	9 340 000
Unpaid Taxes	7 954 000	3 257 000	4 961 000	5 135 000
Dividends	0	0	0	0
Other Current Debt	11 232 000	6 416 000	6 499 000	5 547 000
Total Current Debt	28 367 000	26 141 000	33 075 000	21 040 000
Total Equity and Debt	90 047 000	72 751 000	57 901 000	43 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,1 %	51,84 %	11,39 %	13,21 %
Debt-to-Equity Ratio	0,05	0,09	0,18	0,21
Operating Profit Margin	14,36 %	20,54 %	3,58 %	4,01 %
Current Ratio	3,02	2,61	1,73	2,06
Quick Ratio	5,34	4,61	2,61	3,93
Equity Ratio	0,65	0,59	0,36	0,43
Gross Profit Margin	68,19 %	66,79 %	70,58 %	75,98 %