MARINE SAFETY AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

−77,82 %

Current Ratio

2,49

Debt-to-Equity Ratio

1,92

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 899 000	12 340 000	13 286 000	11 605 000
Net Income	−835 000	−389 000	−152 000	637 000
Total Assets	3 954 000	4 136 000	3 861 000	3 191 000
Total Equity	1 073 000	1 908 000	2 297 000	2 449 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 899 000	12 340 000	13 286 000	11 605 000
Expenditure	10 027 000	12 842 000	13 437 000	10 730 000
Operating Profit	−1 128 000	−502 000	−151 000	875 000
Financial Income	142 000	79 000	25 000	1 000
Financial Costs	84 000	75 000	68 000	38 000
Financial Balance	58 000	4 000	−43 000	−37 000
Earnings Before Tax	−1 070 000	−498 000	−194 000	838 000
Tax	−235 000	−109 000	−42 000	201 000
Net Income	−835 000	−389 000	−152 000	637 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 914 000	1 874 000	2 138 000	520 000
Total Current Assets	2 039 000	2 262 000	1 723 000	2 671 000
Total Assets	3 954 000	4 136 000	3 861 000	3 191 000
Total Retained Equity	423 000	1 258 000	1 647 000	1 799 000
Total Equity	1 073 000	1 908 000	2 297 000	2 449 000
Total Long-Term Debt	2 063 000	1 316 000	979 000	0
Total Current Debt	818 000	912 000	585 000	742 000
Total Equity and Debt	3 954 000	4 136 000	3 861 000	3 191 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 338 000	12 172 000	13 086 000	11 455 000
Other Income	561 000	168 000	200 000	150 000
Revenue	8 899 000	12 340 000	13 286 000	11 605 000
Cost of Goods Sold	4 788 000	2 787 000	1 444 000	954 000
Salary Costs	1 588 000	2 133 000	2 405 000	2 117 000
Depreciation	223 000	315 000	377 000	199 000
Impairment	0	0	0	0
Expenditure	10 027 000	12 842 000	13 437 000	10 730 000
Operating Profit	−1 128 000	−502 000	−151 000	875 000
Financial Income	142 000	79 000	25 000	1 000
Financial Costs	84 000	75 000	68 000	38 000
Financial Balance	58 000	4 000	−43 000	−37 000
Dividends	0	0	0	0
Net Income	−835 000	−389 000	−152 000	637 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	437 000	301 000	349 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	173 000	417 000	520 000
Total Tangible Assets	50 000	173 000	417 000	520 000
Total Fiancial Fixed Assets	1 428 000	1 400 000	1 373 000	0
Total Fixed Assets	1 914 000	1 874 000	2 138 000	520 000
Stock	96 000	920 000	476 000	184 000
Total Investments	0	0	0	0
Cash, Bank	587 000	813 000	384 000	2 164 000
Total Current Assets	2 039 000	2 262 000	1 723 000	2 671 000
Total Assets	3 954 000	4 136 000	3 861 000	3 191 000
Total Equity	1 073 000	1 908 000	2 297 000	2 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 063 000	1 316 000	979 000	0
Creditors	93 000	393 000	200 000	148 000
Unpaid Taxes	507 000	269 000	155 000	132 000
Dividends	0	0	0	0
Other Current Debt	218 000	250 000	230 000	261 000
Total Current Debt	818 000	912 000	585 000	742 000
Total Equity and Debt	3 954 000	4 136 000	3 861 000	3 191 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−77,82 %	−20,39 %	−6,62 %	26,01 %
Debt-to-Equity Ratio	1,92	0,69	0,43	0
Operating Profit Margin	−12,68 %	−4,07 %	−1,14 %	7,54 %
Current Ratio	2,49	2,48	2,95	3,6
Quick Ratio	2,82	−282,75	15,81	4,79
Equity Ratio	0,27	0,46	0,59	0,77
Gross Profit Margin	46,2 %	77,41 %	89,13 %	91,78 %