SUBSEAPARTNER AS

5527 HAUGESUND

Finances

Return on Equity

19,46 %

Current Ratio

1,62

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 117 000	36 747 000	121 021 000	186 106 000
Net Income	3 761 000	−26 239 000	−2 053 000	1 044 000
Total Assets	60 310 000	56 625 000	95 365 000	86 366 000
Total Equity	19 329 000	15 593 000	34 353 000	36 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 117 000	36 747 000	121 021 000	186 106 000
Expenditure	71 405 000	62 001 000	121 313 000	183 839 000
Operating Profit	5 711 000	−25 253 000	−292 000	2 266 000
Financial Income	66 000	52 000	16 000	436 000
Financial Costs	2 016 000	1 942 000	2 170 000	1 658 000
Financial Balance	−1 950 000	−1 890 000	−2 154 000	−1 222 000
Earnings Before Tax	3 761 000	−27 143 000	−2 446 000	1 044 000
Tax	0	−904 000	−393 000	0
Net Income	3 761 000	−26 239 000	−2 053 000	1 044 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 802 000	48 872 000	61 250 000	71 140 000
Total Current Assets	19 508 000	7 753 000	34 115 000	15 226 000
Total Assets	60 310 000	56 625 000	95 365 000	86 366 000
Total Retained Equity	−16 636 000	−20 372 000	5 888 000	8 035 000
Total Equity	19 329 000	15 593 000	34 353 000	36 500 000
Total Long-Term Debt	28 949 000	34 116 000	24 622 000	30 412 000
Total Current Debt	12 032 000	6 916 000	36 389 000	19 455 000
Total Equity and Debt	60 310 000	56 625 000	95 365 000	86 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 623 000	35 486 000	120 895 000	186 106 000
Other Income	494 000	1 262 000	126 000	0
Revenue	77 117 000	36 747 000	121 021 000	186 106 000
Cost of Goods Sold	15 864 000	9 866 000	43 732 000	77 564 000
Salary Costs	35 036 000	26 810 000	53 160 000	80 919 000
Depreciation	10 661 000	11 234 000	10 931 000	9 918 000
Impairment	0	1 241 000	1 247 000	0
Expenditure	71 405 000	62 001 000	121 313 000	183 839 000
Operating Profit	5 711 000	−25 253 000	−292 000	2 266 000
Financial Income	66 000	52 000	16 000	436 000
Financial Costs	2 016 000	1 942 000	2 170 000	1 658 000
Financial Balance	−1 950 000	−1 890 000	−2 154 000	−1 222 000
Dividends	0	0	0	0
Net Income	3 761 000	−26 239 000	−2 053 000	1 044 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 725 000	3 194 000	3 688 000	4 928 000
Real Eastate	297 000	382 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 873 000	10 721 000	15 873 000	14 912 000
Total Tangible Assets	39 077 000	45 678 000	57 062 000	66 213 000
Total Fiancial Fixed Assets	0	0	500 000	0
Total Fixed Assets	40 802 000	48 872 000	61 250 000	71 140 000
Stock	26 000	70 000	53 000	37 000
Total Investments	0	0	0	0
Cash, Bank	4 756 000	4 169 000	2 231 000	992 000
Total Current Assets	19 508 000	7 753 000	34 115 000	15 226 000
Total Assets	60 310 000	56 625 000	95 365 000	86 366 000
Total Equity	19 329 000	15 593 000	34 353 000	36 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 949 000	34 116 000	24 622 000	30 412 000
Creditors	3 158 000	1 951 000	2 118 000	2 702 000
Unpaid Taxes	4 894 000	954 000	7 420 000	1 985 000
Dividends	0	0	0	0
Other Current Debt	3 980 000	4 011 000	5 714 000	6 947 000
Total Current Debt	12 032 000	6 916 000	36 389 000	19 455 000
Total Equity and Debt	60 310 000	56 625 000	95 365 000	86 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,46 %	−168,27 %	−5,98 %	2,86 %
Debt-to-Equity Ratio	1,5	2,19	0,72	0,83
Operating Profit Margin	7,41 %	−68,72 %	−0,24 %	1,22 %
Current Ratio	1,62	1,12	0,94	0,78
Quick Ratio	1,62	1,13	0,94	0,78
Equity Ratio	0,32	0,28	0,36	0,42
Gross Profit Margin	79,43 %	73,15 %	63,86 %	58,32 %