MARITIMT FORUM NORD SA

8514 NARVIK

Finances

Share Ownership

Return on Equity

−76,9 %

Current Ratio

2,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 914 000	2 799 000	6 582 000	7 958 000
Net Income	−566 000	−212 000	−158 000	526 000
Total Assets	1 106 000	2 115 000	3 166 000	7 377 000
Total Equity	736 000	1 302 000	1 514 000	1 672 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 914 000	2 799 000	6 582 000	7 958 000
Expenditure	3 481 000	3 013 000	6 751 000	7 451 000
Operating Profit	−567 000	−213 000	−169 000	507 000
Financial Income	1 000	1 000	11 000	20 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	1 000	11 000	19 000
Earnings Before Tax	−566 000	−212 000	−158 000	526 000
Tax	0	0	0	0
Net Income	−566 000	−212 000	−158 000	526 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	289 000	302 000	363 000
Total Current Assets	831 000	1 826 000	2 863 000	7 014 000
Total Assets	1 106 000	2 115 000	3 166 000	7 377 000
Total Retained Equity	736 000	1 302 000	1 514 000	1 672 000
Total Equity	736 000	1 302 000	1 514 000	1 672 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	370 000	813 000	1 652 000	5 705 000
Total Equity and Debt	1 106 000	2 115 000	3 166 000	7 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 914 000	2 799 000	6 582 000	7 958 000
Other Income	0	0	0	0
Revenue	2 914 000	2 799 000	6 582 000	7 958 000
Cost of Goods Sold	243 000	15 000	146 000	0
Salary Costs	1 396 000	1 422 000	3 183 000	3 663 000
Depreciation	14 000	14 000	46 000	197 000
Impairment	0	0	0	0
Expenditure	3 481 000	3 013 000	6 751 000	7 451 000
Operating Profit	−567 000	−213 000	−169 000	507 000
Financial Income	1 000	1 000	11 000	20 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	1 000	11 000	19 000
Dividends	0	0	0	0
Net Income	−566 000	−212 000	−158 000	526 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	28 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	275 000	268 000	275 000	336 000
Total Tangible Assets	275 000	268 000	275 000	336 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	275 000	289 000	302 000	363 000
Stock	43 000	55 000	70 000	0
Total Investments	0	0	0	0
Cash, Bank	787 000	1 768 000	2 718 000	6 783 000
Total Current Assets	831 000	1 826 000	2 863 000	7 014 000
Total Assets	1 106 000	2 115 000	3 166 000	7 377 000
Total Equity	736 000	1 302 000	1 514 000	1 672 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	200 000	144 000	208 000
Unpaid Taxes	107 000	57 000	178 000	159 000
Dividends	0	0	0	0
Other Current Debt	236 000	556 000	1 330 000	5 338 000
Total Current Debt	370 000	813 000	1 652 000	5 705 000
Total Equity and Debt	1 106 000	2 115 000	3 166 000	7 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−76,9 %	−16,28 %	−10,44 %	31,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,46 %	−7,61 %	−2,57 %	6,37 %
Current Ratio	2,25	2,25	1,73	1,23
Quick Ratio	2,54	2,41	1,81	1,23
Equity Ratio	0,67	0,62	0,48	0,23
Gross Profit Margin	91,66 %	99,46 %	97,78 %	100 %