TCB MARINE AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

42,39 %

Current Ratio

4,3

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 871 000	3 253 000	2 407 000	1 835 000
Net Income	181 000	5 000	238 000	291 000
Total Assets	528 000	689 000	480 000	320 000
Total Equity	427 000	246 000	344 000	106 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 871 000	3 253 000	2 407 000	1 835 000
Expenditure	1 692 000	3 219 000	2 153 000	1 539 000
Operating Profit	180 000	34 000	255 000	296 000
Financial Income	4 000	12 000	1 000	0
Financial Costs	3 000	7 000	11 000	4 000
Financial Balance	1 000	5 000	−10 000	−4 000
Earnings Before Tax	181 000	38 000	245 000	291 000
Tax	0	33 000	8 000	0
Net Income	181 000	5 000	238 000	291 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	94 000	35 000	59 000	86 000
Total Current Assets	434 000	654 000	422 000	233 000
Total Assets	528 000	689 000	480 000	320 000
Total Retained Equity	397 000	216 000	314 000	76 000
Total Equity	427 000	246 000	344 000	106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	101 000	443 000	136 000	213 000
Total Equity and Debt	528 000	689 000	480 000	320 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 871 000	3 253 000	2 407 000	1 835 000
Other Income	0	0	0	0
Revenue	1 871 000	3 253 000	2 407 000	1 835 000
Cost of Goods Sold	894 000	2 427 000	1 610 000	931 000
Salary Costs	116 000	10 000	10 000	6 000
Depreciation	23 000	24 000	26 000	39 000
Impairment	0	0	0	0
Expenditure	1 692 000	3 219 000	2 153 000	1 539 000
Operating Profit	180 000	34 000	255 000	296 000
Financial Income	4 000	12 000	1 000	0
Financial Costs	3 000	7 000	11 000	4 000
Financial Balance	1 000	5 000	−10 000	−4 000
Dividends	0	103 000	0	0
Net Income	181 000	5 000	238 000	291 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	9 000	15 000	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	25 000	44 000	24 000
Total Tangible Assets	33 000	35 000	59 000	44 000
Total Fiancial Fixed Assets	61 000	0	0	42 000
Total Fixed Assets	94 000	35 000	59 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	7 000	31 000	35 000
Total Current Assets	434 000	654 000	422 000	233 000
Total Assets	528 000	689 000	480 000	320 000
Total Equity	427 000	246 000	344 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	357 000	131 000	133 000
Unpaid Taxes	22 000	0	0	35 000
Dividends	0	103 000	0	0
Other Current Debt	13 000	45 000	−2 000	45 000
Total Current Debt	101 000	443 000	136 000	213 000
Total Equity and Debt	528 000	689 000	480 000	320 000

Financial indicators	2021	2020	2019	2018
Return on Equity	42,39 %	2,03 %	69,19 %	274,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,62 %	1,05 %	10,59 %	16,13 %
Current Ratio	4,3	1,48	3,1	1,09
Quick Ratio	4,3	1,48	3,1	1,09
Equity Ratio	0,81	0,36	0,72	0,33
Gross Profit Margin	52,22 %	25,39 %	33,11 %	49,26 %