MAREDEUS NORWAY AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

14,02 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	328 252 000	272 514 000	240 784 000	266 140 000
Net Income	1 401 000	1 534 000	1 268 000	586 000
Total Assets	53 488 000	44 635 000	43 475 000	36 320 000
Total Equity	9 992 000	8 591 000	7 057 000	5 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	328 252 000	272 514 000	240 784 000	266 140 000
Expenditure	325 545 000	268 655 000	238 271 000	262 897 000
Operating Profit	2 707 000	3 859 000	2 512 000	3 244 000
Financial Income	1 287 000	17 000	3 952 000	2 205 000
Financial Costs	2 198 000	1 857 000	4 832 000	4 697 000
Financial Balance	−911 000	−1 840 000	−880 000	−2 492 000
Earnings Before Tax	1 797 000	2 018 000	1 632 000	752 000
Tax	396 000	484 000	364 000	166 000
Net Income	1 401 000	1 534 000	1 268 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	148 000	136 000	87 000
Total Current Assets	53 377 000	44 486 000	43 339 000	36 233 000
Total Assets	53 488 000	44 635 000	43 475 000	36 320 000
Total Retained Equity	5 782 000	4 381 000	2 847 000	1 579 000
Total Equity	9 992 000	8 591 000	7 057 000	5 789 000
Total Long-Term Debt	2 200 000	2 200 000	2 285 000	2 455 000
Total Current Debt	41 296 000	33 844 000	34 133 000	28 076 000
Total Equity and Debt	53 488 000	44 635 000	43 475 000	36 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	328 252 000	272 514 000	240 784 000	266 140 000
Other Income	0	0	0	0
Revenue	328 252 000	272 514 000	240 784 000	266 140 000
Cost of Goods Sold	322 194 000	265 420 000	235 759 000	259 807 000
Salary Costs	1 839 000	1 829 000	1 333 000	1 314 000
Depreciation	35 000	34 000	19 000	15 000
Impairment	0	0	0	0
Expenditure	325 545 000	268 655 000	238 271 000	262 897 000
Operating Profit	2 707 000	3 859 000	2 512 000	3 244 000
Financial Income	1 287 000	17 000	3 952 000	2 205 000
Financial Costs	2 198 000	1 857 000	4 832 000	4 697 000
Financial Balance	−911 000	−1 840 000	−880 000	−2 492 000
Dividends	0	0	0	0
Net Income	1 401 000	1 534 000	1 268 000	586 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	91 000	122 000	18 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	57 000	14 000	68 000
Total Tangible Assets	50 000	57 000	14 000	68 000
Total Fiancial Fixed Assets	0	1 000	1 000	1 000
Total Fixed Assets	111 000	148 000	136 000	87 000
Stock	13 599 000	40 132 000	37 094 000	20 823 000
Total Investments	0	0	0	0
Cash, Bank	66 000	99 000	64 000	59 000
Total Current Assets	53 377 000	44 486 000	43 339 000	36 233 000
Total Assets	53 488 000	44 635 000	43 475 000	36 320 000
Total Equity	9 992 000	8 591 000	7 057 000	5 789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 200 000	2 200 000	2 285 000	2 455 000
Creditors	18 408 000	24 246 000	18 099 000	12 030 000
Unpaid Taxes	123 000	164 000	111 000	114 000
Dividends	0	0	0	0
Other Current Debt	165 000	274 000	750 000	111 000
Total Current Debt	41 296 000	33 844 000	34 133 000	28 076 000
Total Equity and Debt	53 488 000	44 635 000	43 475 000	36 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,02 %	17,86 %	17,97 %	10,12 %
Debt-to-Equity Ratio	0,22	0,26	0,32	0,42
Operating Profit Margin	0,82 %	1,42 %	1,04 %	1,22 %
Current Ratio	1,29	1,31	1,27	1,29
Quick Ratio	1,93	−7,07	−14,64	5
Equity Ratio	0,19	0,19	0,16	0,16
Gross Profit Margin	1,85 %	2,6 %	2,09 %	2,38 %