MARIN INDUSTRI OFFSHORE ENGINEERING AS

4870 FEVIK

Finances

Share Ownership

Return on Equity

−10 040 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 071 000	6 225 000	2 717 000	5 847 000
Net Income	−502 000	367 000	−898 000	−938 000
Total Assets	2 396 000	2 337 000	1 101 000	3 030 000
Total Equity	5 000	507 000	140 000	−4 662 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 071 000	6 225 000	2 717 000	5 847 000
Expenditure	8 571 000	5 857 000	3 531 000	6 653 000
Operating Profit	−501 000	367 000	−814 000	−805 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	84 000	133 000
Financial Balance	−1 000	0	−84 000	−133 000
Earnings Before Tax	−502 000	367 000	−898 000	−938 000
Tax	0	0	0	0
Net Income	−502 000	367 000	−898 000	−938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	190 000	0	189 000
Total Current Assets	2 317 000	2 147 000	1 101 000	2 841 000
Total Assets	2 396 000	2 337 000	1 101 000	3 030 000
Total Retained Equity	−95 000	407 000	40 000	−4 762 000
Total Equity	5 000	507 000	140 000	−4 662 000
Total Long-Term Debt	0	0	0	2 825 000
Total Current Debt	2 391 000	1 830 000	961 000	4 867 000
Total Equity and Debt	2 396 000	2 337 000	1 101 000	3 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 006 000	6 056 000	2 717 000	6 539 000
Other Income	65 000	168 000	0	−692 000
Revenue	8 071 000	6 225 000	2 717 000	5 847 000
Cost of Goods Sold	975 000	1 045 000	1 009 000	768 000
Salary Costs	5 987 000	3 678 000	1 406 000	4 549 000
Depreciation	11 000	5 000	167 000	120 000
Impairment	0	0	0	0
Expenditure	8 571 000	5 857 000	3 531 000	6 653 000
Operating Profit	−501 000	367 000	−814 000	−805 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	84 000	133 000
Financial Balance	−1 000	0	−84 000	−133 000
Dividends	0	0	0	0
Net Income	−502 000	367 000	−898 000	−938 000

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	54 000	0	167 000
Total Tangible Assets	0	54 000	0	167 000
Total Fiancial Fixed Assets	79 000	136 000	0	23 000
Total Fixed Assets	79 000	190 000	0	189 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	554 000	503 000	493 000	255 000
Total Current Assets	2 317 000	2 147 000	1 101 000	2 841 000
Total Assets	2 396 000	2 337 000	1 101 000	3 030 000
Total Equity	5 000	507 000	140 000	−4 662 000
Short-Term Group Debt	279 000	281 000	0	0
Total Long-Term Debt	0	0	0	2 825 000
Creditors	385 000	318 000	252 000	301 000
Unpaid Taxes	711 000	739 000	188 000	768 000
Dividends	0	0	0	0
Other Current Debt	1 015 000	492 000	520 000	3 798 000
Total Current Debt	2 391 000	1 830 000	961 000	4 867 000
Total Equity and Debt	2 396 000	2 337 000	1 101 000	3 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10 040 %	72,39 %	−641,43 %	20,12 %
Debt-to-Equity Ratio	0	0	0	−0,61
Operating Profit Margin	−6,21 %	5,9 %	−29,96 %	−13,77 %
Current Ratio	0,97	1,17	1,15	0,58
Quick Ratio	0,97	1,17	1,15	0,58
Equity Ratio	0	0,22	0,13	−1,54
Gross Profit Margin	87,92 %	83,21 %	62,86 %	86,87 %