MARINE SOFTWARE INTEGRATION AS

4051 SOLA

Finances

Share Ownership

Return on Equity

182,12 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 065 000	1 768 000	1 311 000	1 173 000
Net Income	326 000	394 000	138 000	144 000
Total Assets	1 068 000	1 071 000	718 000	935 000
Total Equity	179 000	428 000	34 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 065 000	1 768 000	1 311 000	1 173 000
Expenditure	1 663 000	1 231 000	1 114 000	1 001 000
Operating Profit	403 000	538 000	198 000	172 000
Financial Income	25 000	6 000	6 000	10 000
Financial Costs	20 000	25 000	37 000	38 000
Financial Balance	5 000	−19 000	−31 000	−28 000
Earnings Before Tax	408 000	520 000	167 000	144 000
Tax	82 000	126 000	30 000	0
Net Income	326 000	394 000	138 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	16 000	32 000	47 000
Total Current Assets	1 068 000	1 056 000	686 000	888 000
Total Assets	1 068 000	1 071 000	718 000	935 000
Total Retained Equity	149 000	398 000	4 000	16 000
Total Equity	179 000	428 000	34 000	46 000
Total Long-Term Debt	0	200 000	200 000	600 000
Total Current Debt	889 000	443 000	484 000	289 000
Total Equity and Debt	1 068 000	1 071 000	718 000	935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 065 000	1 768 000	1 311 000	1 173 000
Other Income	0	0	0	0
Revenue	2 065 000	1 768 000	1 311 000	1 173 000
Cost of Goods Sold	461 000	133 000	82 000	10 000
Salary Costs	959 000	902 000	912 000	843 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	1 663 000	1 231 000	1 114 000	1 001 000
Operating Profit	403 000	538 000	198 000	172 000
Financial Income	25 000	6 000	6 000	10 000
Financial Costs	20 000	25 000	37 000	38 000
Financial Balance	5 000	−19 000	−31 000	−28 000
Dividends	500 000	0	150 000	0
Net Income	326 000	394 000	138 000	144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	32 000	47 000
Total Tangible Assets	0	16 000	32 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	16 000	32 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	960 000	753 000	485 000	588 000
Total Current Assets	1 068 000	1 056 000	686 000	888 000
Total Assets	1 068 000	1 071 000	718 000	935 000
Total Equity	179 000	428 000	34 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	200 000	200 000	600 000
Creditors	93 000	63 000	49 000	55 000
Unpaid Taxes	72 000	81 000	86 000	103 000
Dividends	500 000	0	150 000	0
Other Current Debt	142 000	174 000	169 000	131 000
Total Current Debt	889 000	443 000	484 000	289 000
Total Equity and Debt	1 068 000	1 071 000	718 000	935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	182,12 %	92,06 %	405,88 %	313,04 %
Debt-to-Equity Ratio	0	0,47	5,88	13,04
Operating Profit Margin	19,52 %	30,43 %	15,1 %	14,66 %
Current Ratio	1,2	2,38	1,42	3,07
Quick Ratio	1,2	2,38	1,42	3,07
Equity Ratio	0,17	0,4	0,05	0,05
Gross Profit Margin	77,68 %	92,48 %	93,75 %	99,15 %