GLOBAL MARITIME GROUP AS

4033 STAVANGER

Finances

Return on Equity

46,18 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020
Revenue	536 971 000	455 873 000	434 169 000
Net Income	35 866 000	11 056 000	−6 181 000
Total Assets	211 574 000	186 726 000	187 970 000
Total Equity	77 663 000	46 448 000	37 138 000

Income (NOK)	2022	2021	2020
Revenue	536 971 000	455 873 000	434 169 000
Expenditure	511 027 000	441 908 000	439 846 000
Operating Profit	25 944 000	13 964 000	−5 677 000
Financial Income	18 031 000	11 792 000	20 725 000
Financial Costs	11 252 000	14 722 000	21 731 000
Financial Balance	6 779 000	−2 930 000	−1 006 000
Earnings Before Tax	32 723 000	11 034 000	−6 683 000
Tax	−3 143 000	−22 000	−502 000
Net Income	35 866 000	11 056 000	−6 181 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	38 285 000	39 639 000	69 750 000
Total Current Assets	173 289 000	147 087 000	118 220 000
Total Assets	211 574 000	186 726 000	187 970 000
Total Retained Equity	30 652 000	−563 000	−484 803 000
Total Equity	77 663 000	46 448 000	37 138 000
Total Long-Term Debt	31 047 000	30 889 000	36 329 000
Total Current Debt	102 864 000	109 388 000	114 503 000
Total Equity and Debt	211 574 000	186 726 000	187 970 000

Cash flow (NOK)	2022	2021	2020
Sales Income	531 256 000	441 991 000	418 204 000
Other Income	5 715 000	13 882 000	15 964 000
Revenue	536 971 000	455 873 000	434 169 000
Cost of Goods Sold	169 427 000	128 505 000	108 613 000
Salary Costs	274 394 000	233 941 000	234 980 000
Depreciation	3 934 000	10 710 000	1 374 000
Impairment	0	0	21 071 000
Expenditure	511 027 000	441 908 000	439 846 000
Operating Profit	25 944 000	13 964 000	−5 677 000
Financial Income	18 031 000	11 792 000	20 725 000
Financial Costs	11 252 000	14 722 000	21 731 000
Financial Balance	6 779 000	−2 930 000	−1 006 000
Dividends	0	0	0
Net Income	35 866 000	11 056 000	−6 181 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	7 226 000
Total Intangible Assets	27 465 000	22 926 000	26 766 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 039 000	1 904 000	1 422 000
Total Tangible Assets	2 039 000	1 904 000	1 422 000
Total Fiancial Fixed Assets	8 782 000	14 809 000	41 563 000
Total Fixed Assets	38 285 000	39 639 000	69 750 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	19 801 000	20 735 000	10 427 000
Total Current Assets	173 289 000	147 087 000	118 220 000
Total Assets	211 574 000	186 726 000	187 970 000
Total Equity	77 663 000	46 448 000	37 138 000
Short-Term Group Debt	0	15 008 000	4 000 000
Total Long-Term Debt	31 047 000	30 889 000	36 329 000
Creditors	23 611 000	27 914 000	23 868 000
Unpaid Taxes	20 783 000	13 557 000	16 234 000
Dividends	0	0	0
Other Current Debt	58 470 000	52 737 000	48 036 000
Total Current Debt	102 864 000	109 388 000	114 503 000
Total Equity and Debt	211 574 000	186 726 000	187 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,18 %	23,8 %	−16,64 %	-
Debt-to-Equity Ratio	0,4	0,67	0,98	-
Operating Profit Margin	4,83 %	3,06 %	−1,31 %	-
Current Ratio	1,68	1,34	1,03	-
Quick Ratio	1,68	1,34	1,03	-
Equity Ratio	0,37	0,25	0,2	-
Gross Profit Margin	68,45 %	71,81 %	74,98 %	-