ATLANTIC MARINE AS

6018 ÅLESUND

Finances

Return on Equity

92,77 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 024 000	26 676 000	14 339 000	7 802 000
Net Income	14 892 000	15 787 000	7 345 000	5 498 000
Total Assets	21 828 000	26 026 000	19 717 000	16 093 000
Total Equity	16 053 000	1 162 000	1 375 000	230 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 024 000	26 676 000	14 339 000	7 802 000
Expenditure	6 068 000	6 258 000	4 905 000	4 498 000
Operating Profit	18 955 000	20 419 000	9 435 000	3 306 000
Financial Income	205 000	14 000	192 000	3 121 000
Financial Costs	9 000	160 000	217 000	154 000
Financial Balance	196 000	−146 000	−25 000	2 967 000
Earnings Before Tax	19 151 000	20 273 000	9 409 000	6 273 000
Tax	4 260 000	4 486 000	2 064 000	775 000
Net Income	14 892 000	15 787 000	7 345 000	5 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 839 000	2 867 000	2 790 000	1 751 000
Total Current Assets	16 989 000	23 159 000	16 927 000	14 343 000
Total Assets	21 828 000	26 026 000	19 717 000	16 093 000
Total Retained Equity	16 023 000	1 132 000	1 345 000	200 000
Total Equity	16 053 000	1 162 000	1 375 000	230 000
Total Long-Term Debt	0	0	3 625 000	7 244 000
Total Current Debt	5 774 000	24 864 000	14 717 000	8 620 000
Total Equity and Debt	21 828 000	26 026 000	19 717 000	16 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 956 000	26 644 000	14 339 000	7 769 000
Other Income	67 000	32 000	0	34 000
Revenue	25 024 000	26 676 000	14 339 000	7 802 000
Cost of Goods Sold	79 000	59 000	3 000	50 000
Salary Costs	3 594 000	3 588 000	2 752 000	2 735 000
Depreciation	30 000	35 000	54 000	70 000
Impairment	0	0	0	0
Expenditure	6 068 000	6 258 000	4 905 000	4 498 000
Operating Profit	18 955 000	20 419 000	9 435 000	3 306 000
Financial Income	205 000	14 000	192 000	3 121 000
Financial Costs	9 000	160 000	217 000	154 000
Financial Balance	196 000	−146 000	−25 000	2 967 000
Dividends	0	16 000 000	6 200 000	5 500 000
Net Income	14 892 000	15 787 000	7 345 000	5 498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	529 000	527 000	415 000	331 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	80 000	115 000	120 000
Total Tangible Assets	50 000	80 000	115 000	120 000
Total Fiancial Fixed Assets	4 260 000	2 260 000	2 260 000	1 300 000
Total Fixed Assets	4 839 000	2 867 000	2 790 000	1 751 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 011 000	20 570 000	4 955 000	10 818 000
Total Current Assets	16 989 000	23 159 000	16 927 000	14 343 000
Total Assets	21 828 000	26 026 000	19 717 000	16 093 000
Total Equity	16 053 000	1 162 000	1 375 000	230 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 625 000	7 244 000
Creditors	181 000	54 000	120 000	252 000
Unpaid Taxes	1 055 000	443 000	1 995 000	1 080 000
Dividends	0	16 000 000	6 200 000	5 500 000
Other Current Debt	277 000	3 769 000	4 046 000	1 012 000
Total Current Debt	5 774 000	24 864 000	14 717 000	8 620 000
Total Equity and Debt	21 828 000	26 026 000	19 717 000	16 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,77 %	1 358,61 %	534,18 %	2 390,43 %
Debt-to-Equity Ratio	0	0	2,64	31,5
Operating Profit Margin	75,75 %	76,54 %	65,8 %	42,37 %
Current Ratio	2,94	0,93	1,15	1,66
Quick Ratio	2,94	0,93	1,15	1,66
Equity Ratio	0,74	0,04	0,07	0,01
Gross Profit Margin	99,68 %	99,78 %	99,98 %	99,36 %