SUBSEA TO AIR AS

4363 BRUSAND

Finances

Return on Equity

−297,57 %

Current Ratio

19,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	3 000	0	15 000
Net Income	−12 614 000	16 460 000	−83 000	−51 000
Total Assets	4 401 000	17 262 000	1 275 000	1 326 000
Total Equity	4 239 000	16 853 000	392 000	475 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	3 000	0	15 000
Expenditure	59 000	35 000	63 000	85 000
Operating Profit	−59 000	−32 000	−63 000	−71 000
Financial Income	317 000	16 494 000	0	0
Financial Costs	12 873 000	1 000	0	0
Financial Balance	−12 556 000	16 493 000	0	0
Earnings Before Tax	−12 614 000	16 460 000	−63 000	−71 000
Tax	0	0	20 000	−20 000
Net Income	−12 614 000	16 460 000	−83 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 267 000	0	1 267 000	1 287 000
Total Current Assets	3 134 000	17 262 000	8 000	40 000
Total Assets	4 401 000	17 262 000	1 275 000	1 326 000
Total Retained Equity	4 199 000	16 813 000	352 000	435 000
Total Equity	4 239 000	16 853 000	392 000	475 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	162 000	410 000	882 000	851 000
Total Equity and Debt	4 401 000	17 262 000	1 275 000	1 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 000	0	15 000
Other Income	0	0	0	0
Revenue	0	3 000	0	15 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	35 000	63 000	85 000
Operating Profit	−59 000	−32 000	−63 000	−71 000
Financial Income	317 000	16 494 000	0	0
Financial Costs	12 873 000	1 000	0	0
Financial Balance	−12 556 000	16 493 000	0	0
Dividends	0	0	0	0
Net Income	−12 614 000	16 460 000	−83 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 267 000	0	1 267 000	1 267 000
Total Fixed Assets	1 267 000	0	1 267 000	1 287 000
Stock	0	0	0	0
Total Investments	3 122 000	17 259 000	0	0
Cash, Bank	0	0	0	0
Total Current Assets	3 134 000	17 262 000	8 000	40 000
Total Assets	4 401 000	17 262 000	1 275 000	1 326 000
Total Equity	4 239 000	16 853 000	392 000	475 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	161 000	409 000	882 000	851 000
Total Current Debt	162 000	410 000	882 000	851 000
Total Equity and Debt	4 401 000	17 262 000	1 275 000	1 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−297,57 %	97,67 %	−21,17 %	−10,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−1 066,67 %	-	−473,33 %
Current Ratio	19,35	42,1	0,01	0,05
Quick Ratio	19,35	42,1	0,01	0,05
Equity Ratio	0,96	0,98	0,31	0,36
Gross Profit Margin	-	100 %	-	100 %