SUB 8 AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

780,56 %

Current Ratio

0,96

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020
Revenue	4 982 000	3 459 000	0
Net Income	281 000	402 000	−6 000
Total Assets	1 123 000	969 000	24 000
Total Equity	36 000	36 000	24 000

Income (NOK)	2022	2021	2020
Revenue	4 982 000	3 459 000	0
Expenditure	2 903 000	1 911 000	7 000
Operating Profit	361 000	515 000	−7 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	360 000	515 000	−7 000
Tax	79 000	113 000	−2 000
Net Income	281 000	402 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	81 000	107 000	2 000
Total Current Assets	1 042 000	862 000	23 000
Total Assets	1 123 000	969 000	24 000
Total Retained Equity	6 000	6 000	−6 000
Total Equity	36 000	36 000	24 000
Total Long-Term Debt	2 000	2 000	0
Total Current Debt	1 085 000	932 000	0
Total Equity and Debt	1 123 000	969 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 982 000	3 459 000	0
Other Income	0	0	0
Revenue	4 982 000	3 459 000	0
Cost of Goods Sold	0	0	0
Salary Costs	1 470 000	1 017 000	0
Depreciation	26 000	5 000	0
Impairment	0	0	0
Expenditure	2 903 000	1 911 000	7 000
Operating Profit	361 000	515 000	−7 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	281 000	402 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	16 000	24 000	2 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	66 000	83 000	0
Total Tangible Assets	66 000	83 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	81 000	107 000	2 000
Stock	71 000	95 000	0
Total Investments	0	0	0
Cash, Bank	148 000	730 000	1 000
Total Current Assets	1 042 000	862 000	23 000
Total Assets	1 123 000	969 000	24 000
Total Equity	36 000	36 000	24 000
Short-Term Group Debt	0	250 000	0
Total Long-Term Debt	2 000	2 000	0
Creditors	678 000	286 000	0
Unpaid Taxes	165 000	173 000	0
Dividends	0	0	0
Other Current Debt	243 000	224 000	0
Total Current Debt	1 085 000	932 000	0
Total Equity and Debt	1 123 000	969 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	780,56 %	1 116,67 %	−25 %
Debt-to-Equity Ratio	0,06	0,06	0
Operating Profit Margin	7,25 %	14,89 %	-
Current Ratio	0,96	0,92	-
Quick Ratio	1,03	1,03	-
Equity Ratio	0,03	0,04	1
Gross Profit Margin	100 %	100 %	-