MW MARINE AS

5310 HAUGLANDSHELLA

Finances

Share Ownership

Return on Equity

172,53 %

Current Ratio

2,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 326 000	0	29 000	1 761 000
Net Income	4 898 000	163 000	−429 000	9 000
Total Assets	5 330 000	1 799 000	1 345 000	1 824 000
Total Equity	2 839 000	−659 000	−821 000	−392 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 326 000	0	29 000	1 761 000
Expenditure	1 049 000	279 000	458 000	1 752 000
Operating Profit	6 276 000	−279 000	−428 000	9 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	3 000	0	−1 000	0
Earnings Before Tax	6 280 000	−279 000	−429 000	9 000
Tax	1 382 000	−441 000	0	0
Net Income	4 898 000	163 000	−429 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 736 000	1 309 000	1 324 000
Total Current Assets	5 330 000	63 000	36 000	500 000
Total Assets	5 330 000	1 799 000	1 345 000	1 824 000
Total Retained Equity	2 739 000	−759 000	−921 000	−492 000
Total Equity	2 839 000	−659 000	−821 000	−392 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 491 000	2 457 000	2 166 000	2 216 000
Total Equity and Debt	5 330 000	1 799 000	1 345 000	1 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	29 000	1 761 000
Other Income	7 326 000	0	0	0
Revenue	7 326 000	0	29 000	1 761 000
Cost of Goods Sold	314 000	0	0	0
Salary Costs	256 000	0	77 000	343 000
Depreciation	0	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	1 049 000	279 000	458 000	1 752 000
Operating Profit	6 276 000	−279 000	−428 000	9 000
Financial Income	3 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	3 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	4 898 000	163 000	−429 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	441 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 294 000	0	0
Total Tangible Assets	0	1 294 000	1 309 000	1 324 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	1 736 000	1 309 000	1 324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 694 000	52 000	15 000	395 000
Total Current Assets	5 330 000	63 000	36 000	500 000
Total Assets	5 330 000	1 799 000	1 345 000	1 824 000
Total Equity	2 839 000	−659 000	−821 000	−392 000
Short-Term Group Debt	1 796 000	380 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	14 000	15 000	207 000
Unpaid Taxes	127 000	−5 000	0	50 000
Dividends	0	0	0	0
Other Current Debt	21 000	2 068 000	2 151 000	1 959 000
Total Current Debt	2 491 000	2 457 000	2 166 000	2 216 000
Total Equity and Debt	5 330 000	1 799 000	1 345 000	1 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	172,53 %	−24,73 %	52,25 %	−2,3 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	85,67 %	-	−1 475,86 %	0,51 %
Current Ratio	2,14	0,03	0,02	0,23
Quick Ratio	2,14	0,03	0,02	0,23
Equity Ratio	0,53	−0,37	−0,61	−0,21
Gross Profit Margin	95,71 %	-	100 %	100 %