MARINESERVICE1 AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

91,15 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 363 000	1 022 000	400 000	305 000
Net Income	371 000	163 000	−111 000	−61 000
Total Assets	831 000	509 000	130 000	133 000
Total Equity	407 000	36 000	−127 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 363 000	1 022 000	400 000	305 000
Expenditure	943 000	858 000	515 000	368 000
Operating Profit	421 000	163 000	−114 000	−64 000
Financial Income	6 000	6 000	5 000	5 000
Financial Costs	13 000	7 000	1 000	1 000
Financial Balance	−7 000	−1 000	4 000	4 000
Earnings Before Tax	414 000	163 000	−111 000	−61 000
Tax	42 000	0	0	0
Net Income	371 000	163 000	−111 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	467 000	357 000	80 000	73 000
Total Current Assets	363 000	153 000	50 000	60 000
Total Assets	831 000	509 000	130 000	133 000
Total Retained Equity	377 000	6 000	−157 000	−46 000
Total Equity	407 000	36 000	−127 000	−16 000
Total Long-Term Debt	220 000	272 000	0	0
Total Current Debt	204 000	201 000	257 000	149 000
Total Equity and Debt	831 000	509 000	130 000	133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 363 000	1 018 000	364 000	305 000
Other Income	0	4 000	37 000	0
Revenue	1 363 000	1 022 000	400 000	305 000
Cost of Goods Sold	399 000	350 000	161 000	69 000
Salary Costs	6 000	0	0	0
Depreciation	125 000	103 000	20 000	18 000
Impairment	0	0	0	0
Expenditure	943 000	858 000	515 000	368 000
Operating Profit	421 000	163 000	−114 000	−64 000
Financial Income	6 000	6 000	5 000	5 000
Financial Costs	13 000	7 000	1 000	1 000
Financial Balance	−7 000	−1 000	4 000	4 000
Dividends	0	0	0	0
Net Income	371 000	163 000	−111 000	−61 000

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	444 000	357 000	80 000	73 000
Total Tangible Assets	444 000	357 000	80 000	73 000
Total Fiancial Fixed Assets	23 000	0	0	0
Total Fixed Assets	467 000	357 000	80 000	73 000
Stock	50 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	139 000	2 000	1 000
Total Current Assets	363 000	153 000	50 000	60 000
Total Assets	831 000	509 000	130 000	133 000
Total Equity	407 000	36 000	−127 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	220 000	272 000	0	0
Creditors	11 000	16 000	17 000	34 000
Unpaid Taxes	150 000	97 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	0	89 000	240 000	110 000
Total Current Debt	204 000	201 000	257 000	149 000
Total Equity and Debt	831 000	509 000	130 000	133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,15 %	452,78 %	87,4 %	381,25 %
Debt-to-Equity Ratio	0,54	7,56	−0	−0
Operating Profit Margin	30,89 %	15,95 %	−28,5 %	−20,98 %
Current Ratio	1,78	0,76	0,19	0,4
Quick Ratio	2,36	0,76	0,19	0,4
Equity Ratio	0,49	0,07	−0,98	−0,12
Gross Profit Margin	70,73 %	65,75 %	59,75 %	77,38 %