TRANSMARK SUBSEA AS

5238 RÅDAL

Finances

Return on Equity

−3,22 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 428 000	89 169 000	76 080 000	59 774 000
Net Income	−694 000	10 632 000	8 768 000	6 506 000
Total Assets	47 646 000	47 759 000	45 419 000	36 997 000
Total Equity	21 536 000	22 245 000	13 616 000	6 673 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 428 000	89 169 000	76 080 000	59 774 000
Expenditure	76 677 000	75 281 000	69 754 000	53 493 000
Operating Profit	−248 000	13 887 000	6 325 000	6 281 000
Financial Income	1 166 000	795 000	602 000	161 000
Financial Costs	1 536 000	1 141 000	1 872 000	937 000
Financial Balance	−370 000	−346 000	−1 270 000	−776 000
Earnings Before Tax	−618 000	13 541 000	5 056 000	5 506 000
Tax	75 000	2 909 000	−3 712 000	−1 000 000
Net Income	−694 000	10 632 000	8 768 000	6 506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 103 000	15 303 000	13 898 000	9 659 000
Total Current Assets	29 543 000	32 456 000	31 521 000	27 338 000
Total Assets	47 646 000	47 759 000	45 419 000	36 997 000
Total Retained Equity	−18 692 000	−17 982 000	−26 612 000	−33 555 000
Total Equity	21 536 000	22 245 000	13 616 000	6 673 000
Total Long-Term Debt	0	0	3 955 000	0
Total Current Debt	26 110 000	25 514 000	27 848 000	30 324 000
Total Equity and Debt	47 646 000	47 759 000	45 419 000	36 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 165 000	88 988 000	75 986 000	58 593 000
Other Income	264 000	181 000	94 000	1 180 000
Revenue	76 428 000	89 169 000	76 080 000	59 774 000
Cost of Goods Sold	41 234 000	40 502 000	40 576 000	29 991 000
Salary Costs	23 522 000	24 470 000	22 214 000	17 083 000
Depreciation	411 000	236 000	90 000	153 000
Impairment	0	0	0	0
Expenditure	76 677 000	75 281 000	69 754 000	53 493 000
Operating Profit	−248 000	13 887 000	6 325 000	6 281 000
Financial Income	1 166 000	795 000	602 000	161 000
Financial Costs	1 536 000	1 141 000	1 872 000	937 000
Financial Balance	−370 000	−346 000	−1 270 000	−776 000
Dividends	0	0	0	0
Net Income	−694 000	10 632 000	8 768 000	6 506 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 254 000	12 285 000	7 812 000	3 332 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	179 000	234 000	186 000	167 000
Fixtures	289 000	389 000	232 000	136 000
Total Tangible Assets	468 000	623 000	418 000	303 000
Total Fiancial Fixed Assets	2 381 000	2 396 000	5 668 000	6 023 000
Total Fixed Assets	18 103 000	15 303 000	13 898 000	9 659 000
Stock	15 414 000	10 924 000	9 718 000	8 330 000
Total Investments	0	0	0	0
Cash, Bank	1 005 000	1 257 000	3 382 000	736 000
Total Current Assets	29 543 000	32 456 000	31 521 000	27 338 000
Total Assets	47 646 000	47 759 000	45 419 000	36 997 000
Total Equity	21 536 000	22 245 000	13 616 000	6 673 000
Short-Term Group Debt	0	0	0	4 690 000
Total Long-Term Debt	0	0	3 955 000	0
Creditors	4 297 000	5 396 000	7 736 000	11 129 000
Unpaid Taxes	1 972 000	3 154 000	3 554 000	2 301 000
Dividends	0	0	0	0
Other Current Debt	7 076 000	9 768 000	7 365 000	6 477 000
Total Current Debt	26 110 000	25 514 000	27 848 000	30 324 000
Total Equity and Debt	47 646 000	47 759 000	45 419 000	36 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,22 %	47,8 %	64,39 %	97,5 %
Debt-to-Equity Ratio	0	0	0,29	0
Operating Profit Margin	−0,32 %	15,57 %	8,31 %	10,51 %
Current Ratio	1,13	1,27	1,13	0,9
Quick Ratio	2,76	2,22	1,74	1,24
Equity Ratio	0,45	0,47	0,3	0,18
Gross Profit Margin	46,05 %	54,58 %	46,67 %	49,83 %