MARINE BIOENERGY AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

365,36 %

Current Ratio

6,44

Debt-to-Equity Ratio

147,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 150 000	2 187 000	1 289 000	1 135 000
Net Income	559 000	69 000	−84 000	−71 000
Total Assets	23 979 000	2 498 000	1 772 000	1 592 000
Total Equity	153 000	101 000	−118 000	−34 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 150 000	2 187 000	1 289 000	1 135 000
Expenditure	3 836 000	2 036 000	1 374 000	1 207 000
Operating Profit	1 314 000	150 000	−85 000	−72 000
Financial Income	0	1 000	1 000	0
Financial Costs	636 000	67 000	0	0
Financial Balance	−636 000	−66 000	1 000	0
Earnings Before Tax	678 000	84 000	−84 000	−71 000
Tax	119 000	15 000	0	0
Net Income	559 000	69 000	−84 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 365 000	0	84 000	168 000
Total Current Assets	7 614 000	2 498 000	1 688 000	1 424 000
Total Assets	23 979 000	2 498 000	1 772 000	1 592 000
Total Retained Equity	52 000	0	−220 000	−135 000
Total Equity	153 000	101 000	−118 000	−34 000
Total Long-Term Debt	22 643 000	1 477 000	1 340 000	1 340 000
Total Current Debt	1 183 000	920 000	550 000	286 000
Total Equity and Debt	23 979 000	2 498 000	1 772 000	1 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 150 000	2 187 000	1 289 000	1 135 000
Other Income	0	0	0	0
Revenue	5 150 000	2 187 000	1 289 000	1 135 000
Cost of Goods Sold	1 714 000	1 912 000	1 236 000	974 000
Salary Costs	0	0	0	0
Depreciation	961 000	84 000	84 000	84 000
Impairment	0	0	0	0
Expenditure	3 836 000	2 036 000	1 374 000	1 207 000
Operating Profit	1 314 000	150 000	−85 000	−72 000
Financial Income	0	1 000	1 000	0
Financial Costs	636 000	67 000	0	0
Financial Balance	−636 000	−66 000	1 000	0
Dividends	0	0	0	0
Net Income	559 000	69 000	−84 000	−71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 365 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	84 000	168 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	84 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 365 000	0	84 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	338 000	256 000	269 000	285 000
Total Current Assets	7 614 000	2 498 000	1 688 000	1 424 000
Total Assets	23 979 000	2 498 000	1 772 000	1 592 000
Total Equity	153 000	101 000	−118 000	−34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 643 000	1 477 000	1 340 000	1 340 000
Creditors	531 000	435 000	349 000	123 000
Unpaid Taxes	652 000	484 000	202 000	164 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 183 000	920 000	550 000	286 000
Total Equity and Debt	23 979 000	2 498 000	1 772 000	1 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	365,36 %	68,32 %	71,19 %	208,82 %
Debt-to-Equity Ratio	147,99	14,62	−11,36	−39,41
Operating Profit Margin	25,51 %	6,86 %	−6,59 %	−6,34 %
Current Ratio	6,44	2,72	3,07	4,98
Quick Ratio	6,44	2,72	3,07	4,98
Equity Ratio	0,01	0,04	−0,07	−0,02
Gross Profit Margin	66,72 %	12,57 %	4,11 %	14,19 %