MARINEHOLMEN OCEAN ENERGY AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

20,4 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 516 000	8 552 000	7 672 000	7 444 000
Net Income	4 150 000	4 265 000	3 481 000	3 379 000
Total Assets	27 951 000	29 024 000	29 125 000	30 448 000
Total Equity	20 342 000	21 322 000	22 257 000	23 143 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 516 000	8 552 000	7 672 000	7 444 000
Expenditure	3 247 000	3 084 000	3 215 000	3 059 000
Operating Profit	5 268 000	5 467 000	4 457 000	4 386 000
Financial Income	54 000	1 000	7 000	0
Financial Costs	1 000	0	1 000	53 000
Financial Balance	53 000	1 000	6 000	−53 000
Earnings Before Tax	5 321 000	5 468 000	4 463 000	4 333 000
Tax	1 171 000	1 203 000	982 000	953 000
Net Income	4 150 000	4 265 000	3 481 000	3 379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 975 000	25 183 000	27 404 000	29 639 000
Total Current Assets	4 976 000	3 841 000	1 721 000	809 000
Total Assets	27 951 000	29 024 000	29 125 000	30 448 000
Total Retained Equity	0	0	0	0
Total Equity	20 342 000	21 322 000	22 257 000	23 143 000
Total Long-Term Debt	878 000	988 000	1 098 000	1 207 000
Total Current Debt	6 731 000	6 714 000	5 771 000	6 098 000
Total Equity and Debt	27 951 000	29 024 000	29 125 000	30 448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	8 516 000	8 552 000	7 672 000	7 444 000
Revenue	8 516 000	8 552 000	7 672 000	7 444 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 484 000	2 484 000	2 484 000	2 483 000
Impairment	0	0	0	0
Expenditure	3 247 000	3 084 000	3 215 000	3 059 000
Operating Profit	5 268 000	5 467 000	4 457 000	4 386 000
Financial Income	54 000	1 000	7 000	0
Financial Costs	1 000	0	1 000	53 000
Financial Balance	53 000	1 000	6 000	−53 000
Dividends	0	0	0	0
Net Income	4 150 000	4 265 000	3 481 000	3 379 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 920 000	1 644 000	1 380 000	1 130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 055 000	23 539 000	26 024 000	28 508 000
Fixtures	0	0	0	0
Total Tangible Assets	21 055 000	23 539 000	26 024 000	28 508 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 975 000	25 183 000	27 404 000	29 639 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	4 976 000	3 841 000	1 721 000	809 000
Total Assets	27 951 000	29 024 000	29 125 000	30 448 000
Total Equity	20 342 000	21 322 000	22 257 000	23 143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	878 000	988 000	1 098 000	1 207 000
Creditors	148 000	48 000	124 000	88 000
Unpaid Taxes	0	0	0	144 000
Dividends	0	0	0	0
Other Current Debt	6 582 000	6 667 000	5 646 000	5 866 000
Total Current Debt	6 731 000	6 714 000	5 771 000	6 098 000
Total Equity and Debt	27 951 000	29 024 000	29 125 000	30 448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,4 %	20 %	15,64 %	14,6 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,05
Operating Profit Margin	61,86 %	63,93 %	58,09 %	58,92 %
Current Ratio	0,74	0,57	0,3	0,13
Quick Ratio	0,74	0,57	0,3	0,13
Equity Ratio	0,73	0,73	0,76	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %