ECO MARINE AS

4816 KOLBJØRNSVIK

Finances

Share Ownership

Return on Equity

204,86 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 939 000	11 221 000	8 173 000	5 901 000
Net Income	5 562 000	3 799 000	1 705 000	856 000
Total Assets	12 198 000	9 101 000	7 046 000	5 831 000
Total Equity	2 715 000	2 185 000	2 191 000	2 986 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 939 000	11 221 000	8 173 000	5 901 000
Expenditure	7 813 000	6 335 000	5 947 000	4 851 000
Operating Profit	7 125 000	4 886 000	2 225 000	1 050 000
Financial Income	14 000	2 000	1 000	6 000
Financial Costs	8 000	17 000	40 000	141 000
Financial Balance	6 000	−15 000	−39 000	−135 000
Earnings Before Tax	7 131 000	4 871 000	2 186 000	914 000
Tax	1 569 000	1 072 000	481 000	58 000
Net Income	5 562 000	3 799 000	1 705 000	856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	943 000	1 542 000	2 168 000	3 562 000
Total Current Assets	11 255 000	7 558 000	4 878 000	2 270 000
Total Assets	12 198 000	9 101 000	7 046 000	5 831 000
Total Retained Equity	2 315 000	1 785 000	1 791 000	2 586 000
Total Equity	2 715 000	2 185 000	2 191 000	2 986 000
Total Long-Term Debt	0	0	100 000	1 492 000
Total Current Debt	9 484 000	6 916 000	4 755 000	1 354 000
Total Equity and Debt	12 198 000	9 101 000	7 046 000	5 831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 939 000	11 221 000	8 173 000	5 901 000
Other Income	0	0	0	0
Revenue	14 939 000	11 221 000	8 173 000	5 901 000
Cost of Goods Sold	2 607 000	1 887 000	1 129 000	1 012 000
Salary Costs	2 007 000	1 476 000	1 257 000	1 008 000
Depreciation	619 000	1 045 000	1 045 000	1 028 000
Impairment	0	0	700 000	0
Expenditure	7 813 000	6 335 000	5 947 000	4 851 000
Operating Profit	7 125 000	4 886 000	2 225 000	1 050 000
Financial Income	14 000	2 000	1 000	6 000
Financial Costs	8 000	17 000	40 000	141 000
Financial Balance	6 000	−15 000	−39 000	−135 000
Dividends	5 000 000	3 750 000	2 500 000	0
Net Income	5 562 000	3 799 000	1 705 000	856 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	235 000	253 000	647 000	979 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	635 000	1 250 000	1 478 000	2 576 000
Fixtures	67 000	33 000	37 000	0
Total Tangible Assets	702 000	1 284 000	1 515 000	2 576 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	943 000	1 542 000	2 168 000	3 562 000
Stock	1 091 000	474 000	551 000	565 000
Total Investments	0	0	0	0
Cash, Bank	9 761 000	6 529 000	3 895 000	1 649 000
Total Current Assets	11 255 000	7 558 000	4 878 000	2 270 000
Total Assets	12 198 000	9 101 000	7 046 000	5 831 000
Total Equity	2 715 000	2 185 000	2 191 000	2 986 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	100 000	1 492 000
Creditors	1 124 000	1 201 000	1 237 000	1 092 000
Unpaid Taxes	584 000	533 000	113 000	207 000
Dividends	5 000 000	3 750 000	2 500 000	0
Other Current Debt	6 234 000	4 057 000	2 694 000	44 000
Total Current Debt	9 484 000	6 916 000	4 755 000	1 354 000
Total Equity and Debt	12 198 000	9 101 000	7 046 000	5 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	204,86 %	173,87 %	77,82 %	28,67 %
Debt-to-Equity Ratio	0	0	0,05	0,5
Operating Profit Margin	47,69 %	43,54 %	27,22 %	17,79 %
Current Ratio	1,19	1,09	1,03	1,68
Quick Ratio	1,34	1,17	1,16	2,88
Equity Ratio	0,22	0,24	0,31	0,51
Gross Profit Margin	82,55 %	83,18 %	86,19 %	82,85 %