MARITECH AS

6416 MOLDE

Finances

Return on Equity

3,82 %

Current Ratio

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 431 000	153 671 000	147 702 000	107 829 000
Net Income	1 194 000	−685 000	−13 658 000	−10 137 000
Total Assets	100 523 000	89 923 000	85 176 000	92 822 000
Total Equity	31 216 000	30 048 000	25 811 000	38 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 431 000	153 671 000	147 702 000	107 829 000
Expenditure	179 557 000	151 836 000	164 432 000	119 249 000
Operating Profit	5 874 000	1 834 000	−16 730 000	−11 419 000
Financial Income	621 000	240 000	528 000	270 000
Financial Costs	1 618 000	1 451 000	1 679 000	880 000
Financial Balance	−997 000	−1 211 000	−1 151 000	−610 000
Earnings Before Tax	4 878 000	624 000	−17 881 000	−12 029 000
Tax	3 684 000	1 308 000	−4 223 000	−1 892 000
Net Income	1 194 000	−685 000	−13 658 000	−10 137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 571 000	48 488 000	53 417 000	53 083 000
Total Current Assets	53 952 000	41 435 000	31 759 000	39 739 000
Total Assets	100 523 000	89 923 000	85 176 000	92 822 000
Total Retained Equity	−14 867 000	−16 034 000	−15 028 000	−2 162 000
Total Equity	31 216 000	30 048 000	25 811 000	38 676 000
Total Long-Term Debt	15 121 000	16 180 000	18 147 000	15 421 000
Total Current Debt	54 186 000	43 694 000	41 218 000	38 725 000
Total Equity and Debt	100 523 000	89 923 000	85 176 000	92 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 311 000	153 517 000	147 439 000	107 455 000
Other Income	119 000	154 000	263 000	374 000
Revenue	185 431 000	153 671 000	147 702 000	107 829 000
Cost of Goods Sold	32 251 000	24 883 000	31 373 000	20 021 000
Salary Costs	99 637 000	89 237 000	84 766 000	62 466 000
Depreciation	13 692 000	13 373 000	17 434 000	10 549 000
Impairment	0	0	0	3 079 000
Expenditure	179 557 000	151 836 000	164 432 000	119 249 000
Operating Profit	5 874 000	1 834 000	−16 730 000	−11 419 000
Financial Income	621 000	240 000	528 000	270 000
Financial Costs	1 618 000	1 451 000	1 679 000	880 000
Financial Balance	−997 000	−1 211 000	−1 151 000	−610 000
Dividends	0	0	0	0
Net Income	1 194 000	−685 000	−13 658 000	−10 137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	12 362 000	18 539 000	23 505 000	23 845 000
Total Intangible Assets	42 732 000	45 149 000	50 306 000	50 059 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 273 000	1 861 000	1 561 000	1 702 000
Total Tangible Assets	3 273 000	1 861 000	1 561 000	1 702 000
Total Fiancial Fixed Assets	566 000	1 478 000	1 550 000	1 321 000
Total Fixed Assets	46 571 000	48 488 000	53 417 000	53 083 000
Stock	12 466 000	7 981 000	1 272 000	3 019 000
Total Investments	0	0	0	0
Cash, Bank	4 631 000	8 458 000	8 222 000	11 851 000
Total Current Assets	53 952 000	41 435 000	31 759 000	39 739 000
Total Assets	100 523 000	89 923 000	85 176 000	92 822 000
Total Equity	31 216 000	30 048 000	25 811 000	38 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 121 000	16 180 000	18 147 000	15 421 000
Creditors	8 350 000	5 749 000	7 397 000	5 565 000
Unpaid Taxes	9 701 000	9 900 000	8 548 000	9 861 000
Dividends	0	0	0	0
Other Current Debt	22 193 000	22 567 000	17 855 000	18 228 000
Total Current Debt	54 186 000	43 694 000	41 218 000	38 725 000
Total Equity and Debt	100 523 000	89 923 000	85 176 000	92 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,82 %	−2,28 %	−52,92 %	−26,21 %
Debt-to-Equity Ratio	0,48	0,54	0,7	0,4
Operating Profit Margin	3,17 %	1,19 %	−11,33 %	−10,59 %
Current Ratio	1	0,95	0,77	1,03
Quick Ratio	1,29	1,16	0,8	1,11
Equity Ratio	0,31	0,33	0,3	0,42
Gross Profit Margin	82,61 %	83,81 %	78,76 %	81,43 %