MARINE FABRICATION AS

5210 OS

Finances

Share Ownership

Return on Equity

−95,95 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 814 000	16 532 000	20 297 000	16 610 000
Net Income	−3 603 000	−4 048 000	1 334 000	227 000
Total Assets	7 903 000	9 182 000	7 838 000	6 793 000
Total Equity	3 755 000	4 110 000	5 112 000	3 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 814 000	16 532 000	20 297 000	16 610 000
Expenditure	24 957 000	20 402 000	18 565 000	16 319 000
Operating Profit	−4 143 000	−3 870 000	1 732 000	291 000
Financial Income	27 000	10 000	4 000	11 000
Financial Costs	412 000	1 038 000	24 000	13 000
Financial Balance	−385 000	−1 028 000	−20 000	−2 000
Earnings Before Tax	−4 527 000	−4 898 000	1 711 000	290 000
Tax	−924 000	−850 000	377 000	62 000
Net Income	−3 603 000	−4 048 000	1 334 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	399 000	643 000	13 000	16 000
Total Current Assets	7 504 000	8 539 000	7 825 000	6 776 000
Total Assets	7 903 000	9 182 000	7 838 000	6 793 000
Total Retained Equity	0	0	1 361 000	26 000
Total Equity	3 755 000	4 110 000	5 112 000	3 778 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 148 000	5 073 000	2 726 000	3 014 000
Total Equity and Debt	7 904 000	9 182 000	7 838 000	6 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 814 000	16 532 000	20 297 000	16 452 000
Other Income	0	0	0	159 000
Revenue	20 814 000	16 532 000	20 297 000	16 610 000
Cost of Goods Sold	11 377 000	7 930 000	7 359 000	5 458 000
Salary Costs	7 084 000	7 587 000	7 431 000	7 425 000
Depreciation	97 000	54 000	0	0
Impairment	0	0	0	0
Expenditure	24 957 000	20 402 000	18 565 000	16 319 000
Operating Profit	−4 143 000	−3 870 000	1 732 000	291 000
Financial Income	27 000	10 000	4 000	11 000
Financial Costs	412 000	1 038 000	24 000	13 000
Financial Balance	−385 000	−1 028 000	−20 000	−2 000
Dividends	0	0	0	0
Net Income	−3 603 000	−4 048 000	1 334 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	133 000	173 000	0	0
Total Intangible Assets	145 000	177 000	13 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	254 000	163 000	0	0
Total Tangible Assets	254 000	163 000	0	0
Total Fiancial Fixed Assets	0	303 000	0	0
Total Fixed Assets	399 000	643 000	13 000	16 000
Stock	1 152 000	1 722 000	417 000	494 000
Total Investments	0	0	0	0
Cash, Bank	154 000	243 000	6 259 000	4 739 000
Total Current Assets	7 504 000	8 539 000	7 825 000	6 776 000
Total Assets	7 903 000	9 182 000	7 838 000	6 793 000
Total Equity	3 755 000	4 110 000	5 112 000	3 778 000
Short-Term Group Debt	0	59 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 771 000	2 290 000	403 000	1 013 000
Unpaid Taxes	476 000	848 000	941 000	750 000
Dividends	0	0	0	0
Other Current Debt	1 506 000	1 771 000	1 008 000	1 192 000
Total Current Debt	4 148 000	5 073 000	2 726 000	3 014 000
Total Equity and Debt	7 904 000	9 182 000	7 838 000	6 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−95,95 %	−98,49 %	26,1 %	6,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,9 %	−23,41 %	8,53 %	1,75 %
Current Ratio	1,81	1,68	2,87	2,25
Quick Ratio	2,5	2,55	3,39	2,69
Equity Ratio	0,48	0,45	0,65	0,56
Gross Profit Margin	45,34 %	52,03 %	63,74 %	67,14 %