NORWEGIAN MARITIME CONTROL SYSTEMS AS

5261 INDRE ARNA

Finances

Return on Equity

−39,04 %

Current Ratio

1,47

Debt-to-Equity Ratio

−1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 645 000	606 000	633 000	957 000
Net Income	381 000	−11 000	30 000	210 000
Total Assets	818 000	511 000	386 000	378 000
Total Equity	−976 000	−1 357 000	−1 345 000	−1 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 645 000	606 000	633 000	957 000
Expenditure	1 248 000	605 000	590 000	734 000
Operating Profit	396 000	1 000	44 000	223 000
Financial Income	6 000	3 000	3 000	2 000
Financial Costs	21 000	16 000	16 000	15 000
Financial Balance	−15 000	−13 000	−13 000	−13 000
Earnings Before Tax	381 000	−11 000	30 000	210 000
Tax	0	0	0	0
Net Income	381 000	−11 000	30 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	817 000	510 000	385 000	377 000
Total Assets	818 000	511 000	386 000	378 000
Total Retained Equity	−1 232 000	−1 613 000	−1 602 000	−1 632 000
Total Equity	−976 000	−1 357 000	−1 345 000	−1 375 000
Total Long-Term Debt	1 238 000	1 217 000	1 201 000	1 185 000
Total Current Debt	556 000	650 000	531 000	568 000
Total Equity and Debt	818 000	511 000	386 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 645 000	606 000	633 000	957 000
Other Income	0	0	0	0
Revenue	1 645 000	606 000	633 000	957 000
Cost of Goods Sold	1 208 000	535 000	523 000	789 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 248 000	605 000	590 000	734 000
Operating Profit	396 000	1 000	44 000	223 000
Financial Income	6 000	3 000	3 000	2 000
Financial Costs	21 000	16 000	16 000	15 000
Financial Balance	−15 000	−13 000	−13 000	−13 000
Dividends	0	0	0	0
Net Income	381 000	−11 000	30 000	210 000

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	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	85 000	85 000	85 000	85 000
Total Investments	0	0	0	0
Cash, Bank	345 000	96 000	106 000	39 000
Total Current Assets	817 000	510 000	385 000	377 000
Total Assets	818 000	511 000	386 000	378 000
Total Equity	−976 000	−1 357 000	−1 345 000	−1 375 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 238 000	1 217 000	1 201 000	1 185 000
Creditors	534 000	648 000	531 000	560 000
Unpaid Taxes	22 000	0	0	8 000
Dividends	0	0	0	0
Other Current Debt	0	2 000	0	0
Total Current Debt	556 000	650 000	531 000	568 000
Total Equity and Debt	818 000	511 000	386 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,04 %	0,81 %	−2,23 %	−15,27 %
Debt-to-Equity Ratio	−1,27	−0,9	−0,89	−0,86
Operating Profit Margin	24,07 %	0,17 %	6,95 %	23,3 %
Current Ratio	1,47	0,78	0,73	0,66
Quick Ratio	1,73	0,9	0,86	0,78
Equity Ratio	−1,19	−2,66	−3,48	−3,64
Gross Profit Margin	26,57 %	11,72 %	17,38 %	17,55 %