OFFSHORE OG MARIN HYDRAULIKK AS

7268 TITRAN

Finances

Share Ownership

Return on Equity

−2,07 %

Current Ratio

7,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 005 000	2 694 000	2 050 000	299 000
Net Income	−254 000	−1 208 000	−2 296 000	−3 471 000
Total Assets	13 301 000	13 058 000	14 433 000	18 095 000
Total Equity	12 245 000	12 499 000	13 708 000	16 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 005 000	2 694 000	2 050 000	299 000
Expenditure	12 273 000	4 357 000	5 112 000	4 898 000
Operating Profit	732 000	−1 663 000	−3 062 000	−4 599 000
Financial Income	121 000	114 000	136 000	224 000
Financial Costs	18 000	0	15 000	72 000
Financial Balance	103 000	114 000	121 000	152 000
Earnings Before Tax	835 000	−1 549 000	−2 941 000	−4 448 000
Tax	1 089 000	−341 000	−644 000	−977 000
Net Income	−254 000	−1 208 000	−2 296 000	−3 471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 764 000	6 726 000	2 050 000	1 596 000
Total Current Assets	7 537 000	6 332 000	12 382 000	16 499 000
Total Assets	13 301 000	13 058 000	14 433 000	18 095 000
Total Retained Equity	12 215 000	12 469 000	13 678 000	15 974 000
Total Equity	12 245 000	12 499 000	13 708 000	16 004 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 056 000	559 000	725 000	2 091 000
Total Equity and Debt	13 301 000	13 058 000	14 433 000	18 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 005 000	2 694 000	2 050 000	299 000
Other Income	0	0	0	0
Revenue	13 005 000	2 694 000	2 050 000	299 000
Cost of Goods Sold	7 898 000	758 000	1 464 000	1 052 000
Salary Costs	1 954 000	1 455 000	1 388 000	1 854 000
Depreciation	19 000	163 000	172 000	328 000
Impairment	0	0	0	0
Expenditure	12 273 000	4 357 000	5 112 000	4 898 000
Operating Profit	732 000	−1 663 000	−3 062 000	−4 599 000
Financial Income	121 000	114 000	136 000	224 000
Financial Costs	18 000	0	15 000	72 000
Financial Balance	103 000	114 000	121 000	152 000
Dividends	0	0	0	0
Net Income	−254 000	−1 208 000	−2 296 000	−3 471 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 128 000	2 218 000	1 877 000	1 232 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	57 000	166 000	337 000
Total Tangible Assets	38 000	57 000	166 000	337 000
Total Fiancial Fixed Assets	4 598 000	4 451 000	8 000	26 000
Total Fixed Assets	5 764 000	6 726 000	2 050 000	1 596 000
Stock	0	2 104 000	2 264 000	3 250 000
Total Investments	0	0	0	0
Cash, Bank	6 605 000	1 994 000	6 607 000	11 125 000
Total Current Assets	7 537 000	6 332 000	12 382 000	16 499 000
Total Assets	13 301 000	13 058 000	14 433 000	18 095 000
Total Equity	12 245 000	12 499 000	13 708 000	16 004 000
Short-Term Group Debt	0	0	0	69 000
Total Long-Term Debt	0	0	0	0
Creditors	430 000	176 000	415 000	304 000
Unpaid Taxes	123 000	165 000	101 000	60 000
Dividends	0	0	0	0
Other Current Debt	503 000	218 000	209 000	217 000
Total Current Debt	1 056 000	559 000	725 000	2 091 000
Total Equity and Debt	13 301 000	13 058 000	14 433 000	18 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,07 %	−9,66 %	−16,75 %	−21,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,63 %	−61,73 %	−149,37 %	−1 538,13 %
Current Ratio	7,14	11,33	17,08	7,89
Quick Ratio	7,14	−4,1	−8,05	−14,24
Equity Ratio	0,92	0,96	0,95	0,88
Gross Profit Margin	39,27 %	71,86 %	28,59 %	−251,84 %