ESEA SUBMARINE AS

6516 KRISTIANSUND N

Finances

Return on Equity

129,11 %

Current Ratio

8,76

Debt-to-Equity Ratio

13,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 000	251 000	505 000	250 000
Net Income	102 000	−69 000	220 000	13 000
Total Assets	1 210 000	957 000	1 352 000	1 100 000
Total Equity	79 000	−24 000	45 000	−174 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 000	251 000	505 000	250 000
Expenditure	235 000	308 000	244 000	194 000
Operating Profit	121 000	−57 000	260 000	56 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	4 000	20 000	36 000	44 000
Financial Balance	−3 000	−18 000	−35 000	−43 000
Earnings Before Tax	118 000	−75 000	226 000	13 000
Tax	15 000	−6 000	6 000	0
Net Income	102 000	−69 000	220 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	843 000	747 000	901 000	1 056 000
Total Current Assets	368 000	210 000	451 000	44 000
Total Assets	1 210 000	957 000	1 352 000	1 100 000
Total Retained Equity	54 000	−48 000	21 000	−199 000
Total Equity	79 000	−24 000	45 000	−174 000
Total Long-Term Debt	1 090 000	942 000	1 228 000	1 255 000
Total Current Debt	42 000	39 000	79 000	20 000
Total Equity and Debt	1 210 000	957 000	1 352 000	1 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	357 000	251 000	505 000	250 000
Other Income	0	0	0	0
Revenue	357 000	251 000	505 000	250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	154 000	154 000	154 000	154 000
Impairment	0	0	0	0
Expenditure	235 000	308 000	244 000	194 000
Operating Profit	121 000	−57 000	260 000	56 000
Financial Income	1 000	2 000	1 000	1 000
Financial Costs	4 000	20 000	36 000	44 000
Financial Balance	−3 000	−18 000	−35 000	−43 000
Dividends	0	0	0	0
Net Income	102 000	−69 000	220 000	13 000

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	593 000	747 000	901 000	1 056 000
Fixtures	0	0	0	0
Total Tangible Assets	593 000	747 000	901 000	1 056 000
Total Fiancial Fixed Assets	250 000	0	0	0
Total Fixed Assets	843 000	747 000	901 000	1 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	67 000	266 000	15 000
Total Current Assets	368 000	210 000	451 000	44 000
Total Assets	1 210 000	957 000	1 352 000	1 100 000
Total Equity	79 000	−24 000	45 000	−174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 090 000	942 000	1 228 000	1 255 000
Creditors	8 000	8 000	9 000	8 000
Unpaid Taxes	32 000	26 000	68 000	8 000
Dividends	0	0	0	0
Other Current Debt	1 000	2 000	2 000	4 000
Total Current Debt	42 000	39 000	79 000	20 000
Total Equity and Debt	1 210 000	957 000	1 352 000	1 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,11 %	287,5 %	488,89 %	−7,47 %
Debt-to-Equity Ratio	13,8	−39,25	27,29	−7,21
Operating Profit Margin	33,89 %	−22,71 %	51,49 %	22,4 %
Current Ratio	8,76	5,38	5,71	2,2
Quick Ratio	8,76	5,38	5,71	2,2
Equity Ratio	0,07	−0,03	0,03	−0,16
Gross Profit Margin	100 %	100 %	100 %	100 %