SIGGMA SUBSEA AS

4056 TANANGER

Finances

Return on Equity

−32,01 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 765 000	2 866 000	2 599 000	1 290 000
Net Income	−250 000	1 039 000	686 000	130 000
Total Assets	1 470 000	2 058 000	1 395 000	855 000
Total Equity	781 000	1 131 000	692 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 765 000	2 866 000	2 599 000	1 290 000
Expenditure	2 020 000	2 297 000	1 706 000	1 122 000
Operating Profit	−255 000	570 000	894 000	168 000
Financial Income	2 000	600 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	600 000	0	0
Earnings Before Tax	−253 000	1 170 000	894 000	168 000
Tax	−3 000	131 000	208 000	38 000
Net Income	−250 000	1 039 000	686 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	338 000	37 000	45 000
Total Current Assets	1 207 000	1 721 000	1 358 000	810 000
Total Assets	1 470 000	2 058 000	1 395 000	855 000
Total Retained Equity	751 000	1 101 000	662 000	87 000
Total Equity	781 000	1 131 000	692 000	117 000
Total Long-Term Debt	0	3 000	2 000	1 000
Total Current Debt	689 000	924 000	701 000	738 000
Total Equity and Debt	1 470 000	2 058 000	1 395 000	855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 788 000	3 047 000	2 441 000	1 302 000
Other Income	−23 000	−181 000	159 000	−12 000
Revenue	1 765 000	2 866 000	2 599 000	1 290 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 455 000	1 718 000	1 242 000	629 000
Depreciation	74 000	69 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 020 000	2 297 000	1 706 000	1 122 000
Operating Profit	−255 000	570 000	894 000	168 000
Financial Income	2 000	600 000	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	600 000	0	0
Dividends	100 000	600 000	110 000	240 000
Net Income	−250 000	1 039 000	686 000	130 000

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	234 000	308 000	7 000	15 000
Total Tangible Assets	234 000	308 000	7 000	15 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	264 000	338 000	37 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	760 000	709 000	757 000	251 000
Total Current Assets	1 207 000	1 721 000	1 358 000	810 000
Total Assets	1 470 000	2 058 000	1 395 000	855 000
Total Equity	781 000	1 131 000	692 000	117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	2 000	1 000
Creditors	14 000	57 000	23 000	145 000
Unpaid Taxes	209 000	339 000	221 000	241 000
Dividends	100 000	600 000	110 000	240 000
Other Current Debt	367 000	199 000	141 000	73 000
Total Current Debt	689 000	924 000	701 000	738 000
Total Equity and Debt	1 470 000	2 058 000	1 395 000	855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,01 %	91,87 %	99,13 %	111,11 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−14,45 %	19,89 %	34,4 %	13,02 %
Current Ratio	1,75	1,86	1,94	1,1
Quick Ratio	1,75	1,86	1,94	1,1
Equity Ratio	0,53	0,55	0,5	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %