SUBSEA LOGISTICS AS

6009 ÅLESUND

Finances

Return on Equity

−28,06 %

Current Ratio

16,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	0
Net Income	−408 000	−504 000	−471 000	1 359 000
Total Assets	1 460 000	1 796 000	2 120 000	2 588 000
Total Equity	1 454 000	1 791 000	2 104 000	2 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 000	0	0	0
Expenditure	576 000	647 000	604 000	−1 742 000
Operating Profit	−523 000	−646 000	−604 000	1 742 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−523 000	−646 000	−604 000	1 743 000
Tax	−115 000	−142 000	−133 000	383 000
Net Income	−408 000	−504 000	−471 000	1 359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 342 000	1 664 000	1 958 000	2 262 000
Total Current Assets	118 000	132 000	162 000	326 000
Total Assets	1 460 000	1 796 000	2 120 000	2 588 000
Total Retained Equity	−1 917 000	−1 509 000	−1 006 000	−535 000
Total Equity	1 454 000	1 791 000	2 104 000	2 575 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	5 000	16 000	13 000
Total Equity and Debt	1 460 000	1 796 000	2 120 000	2 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 000	0	0	0
Other Income	0	0	0	0
Revenue	52 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	0	0	0
Depreciation	437 000	437 000	437 000	0
Impairment	0	0	0	0
Expenditure	576 000	647 000	604 000	−1 742 000
Operating Profit	−523 000	−646 000	−604 000	1 742 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−408 000	−504 000	−471 000	1 359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 342 000	1 664 000	1 958 000	2 262 000
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	0	0	0	0
Total Fixed Assets	1 342 000	1 664 000	1 958 000	2 262 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	129 000	162 000	326 000
Total Current Assets	118 000	132 000	162 000	326 000
Total Assets	1 460 000	1 796 000	2 120 000	2 588 000
Total Equity	1 454 000	1 791 000	2 104 000	2 575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	5 000	16 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	0
Total Current Debt	7 000	5 000	16 000	13 000
Total Equity and Debt	1 460 000	1 796 000	2 120 000	2 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,06 %	−28,14 %	−22,39 %	52,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 005,77 %	-	-	-
Current Ratio	16,86	26,4	10,13	25,08
Quick Ratio	16,86	26,4	10,13	25,08
Equity Ratio	1	1	0,99	0,99
Gross Profit Margin	100 %	-	-	-