MAREX MANAGEMENT AS

1396 BILLINGSTAD

Finances

Return on Equity

30,19 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 000	9 000	4 000	13 000
Net Income	32 000	−34 000	31 000	−40 000
Total Assets	229 000	194 000	225 000	192 000
Total Equity	106 000	73 000	108 000	77 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 000	9 000	4 000	13 000
Expenditure	49 000	48 000	41 000	49 000
Operating Profit	35 000	−39 000	−37 000	−36 000
Financial Income	14 000	9 000	72 000	0
Financial Costs	17 000	4 000	4 000	4 000
Financial Balance	−3 000	5 000	68 000	−4 000
Earnings Before Tax	32 000	−34 000	31 000	−40 000
Tax	0	0	0	0
Net Income	32 000	−34 000	31 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	15 000
Total Current Assets	214 000	179 000	210 000	177 000
Total Assets	229 000	194 000	225 000	192 000
Total Retained Equity	−23 000	−55 000	−21 000	−52 000
Total Equity	106 000	73 000	108 000	77 000
Total Long-Term Debt	0	0	0	116 000
Total Current Debt	124 000	121 000	118 000	0
Total Equity and Debt	229 000	194 000	225 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 000	9 000	4 000	13 000
Other Income	0	0	0	0
Revenue	84 000	9 000	4 000	13 000
Cost of Goods Sold	4 000	7 000	8 000	9 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	49 000	48 000	41 000	49 000
Operating Profit	35 000	−39 000	−37 000	−36 000
Financial Income	14 000	9 000	72 000	0
Financial Costs	17 000	4 000	4 000	4 000
Financial Balance	−3 000	5 000	68 000	−4 000
Dividends	0	0	0	0
Net Income	32 000	−34 000	31 000	−40 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	15 000	15 000	15 000	15 000
Stock	0	0	0	0
Total Investments	24 000	79 000	0	0
Cash, Bank	188 000	100 000	210 000	152 000
Total Current Assets	214 000	179 000	210 000	177 000
Total Assets	229 000	194 000	225 000	192 000
Total Equity	106 000	73 000	108 000	77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	116 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	124 000	121 000	118 000	0
Total Current Debt	124 000	121 000	118 000	0
Total Equity and Debt	229 000	194 000	225 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,19 %	−46,58 %	28,7 %	−51,95 %
Debt-to-Equity Ratio	0	0	0	1,51
Operating Profit Margin	41,67 %	−433,33 %	−925 %	−276,92 %
Current Ratio	1,73	1,48	1,78	-
Quick Ratio	1,73	1,48	1,78	-
Equity Ratio	0,46	0,38	0,48	0,4
Gross Profit Margin	95,24 %	22,22 %	−100 %	30,77 %