SUBSEACOMM AS

8656 MOSJØEN

Finances

Share Ownership

Return on Equity

475,44 %

Current Ratio

0,25

Debt-to-Equity Ratio

4,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	506 000	0	11 000	8 000
Net Income	271 000	−151 000	−43 000	−198 000
Total Assets	337 000	53 000	179 000	350 000
Total Equity	57 000	−365 000	−214 000	−171 000

Income (NOK)	2022	2021	2020	2019
Revenue	506 000	0	11 000	8 000
Expenditure	149 000	152 000	54 000	203 000
Operating Profit	357 000	−151 000	−42 000	−195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	357 000	−151 000	−43 000	−198 000
Tax	86 000	0	0	0
Net Income	271 000	−151 000	−43 000	−198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	33 000	175 000	342 000
Total Current Assets	36 000	19 000	4 000	8 000
Total Assets	337 000	53 000	179 000	350 000
Total Retained Equity	27 000	−395 000	−244 000	−201 000
Total Equity	57 000	−365 000	−214 000	−171 000
Total Long-Term Debt	276 000	353 000	393 000	509 000
Total Current Debt	144 000	65 000	0	12 000
Total Equity and Debt	477 000	53 000	179 000	350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	0	11 000	8 000
Other Income	471 000	0	0	0
Revenue	506 000	0	11 000	8 000
Cost of Goods Sold	0	0	0	0
Salary Costs	80 000	81 000	0	109 000
Depreciation	0	12 000	12 000	18 000
Impairment	0	0	0	0
Expenditure	149 000	152 000	54 000	203 000
Operating Profit	357 000	−151 000	−42 000	−195 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	271 000	−151 000	−43 000	−198 000

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	33 000	22 000	33 000	45 000
Fixtures	0	0	0	0
Total Tangible Assets	33 000	22 000	33 000	45 000
Total Fiancial Fixed Assets	268 000	12 000	142 000	297 000
Total Fixed Assets	301 000	33 000	175 000	342 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	5 000	0	0
Total Current Assets	36 000	19 000	4 000	8 000
Total Assets	337 000	53 000	179 000	350 000
Total Equity	57 000	−365 000	−214 000	−171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	276 000	353 000	393 000	509 000
Creditors	0	13 000	0	4 000
Unpaid Taxes	7 000	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	59 000	52 000	0	0
Total Current Debt	144 000	65 000	0	12 000
Total Equity and Debt	477 000	53 000	179 000	350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	475,44 %	41,37 %	20,09 %	115,79 %
Debt-to-Equity Ratio	4,84	−0,97	−1,84	−2,98
Operating Profit Margin	70,55 %	-	−381,82 %	−2 437,5 %
Current Ratio	0,25	0,29	-	0,67
Quick Ratio	0,25	0,29	-	0,67
Equity Ratio	0,17	−6,89	−1,2	−0,49
Gross Profit Margin	100 %	-	100 %	100 %