CCB SUBSEA AS

5347 ÅGOTNES

Finances

Return on Equity

55,96 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	141 965 000	108 765 000	84 835 000	97 375 000
Net Income	9 734 000	4 846 000	−2 062 000	−3 614 000
Total Assets	56 132 000	33 453 000	29 364 000	41 738 000
Total Equity	17 395 000	7 661 000	2 816 000	4 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	141 965 000	108 765 000	84 835 000	97 375 000
Expenditure	129 229 000	102 312 000	87 002 000	101 649 000
Operating Profit	12 653 000	6 454 000	−2 166 000	−4 275 000
Financial Income	215 000	32 000	45 000	19 000
Financial Costs	430 000	416 000	522 000	433 000
Financial Balance	−215 000	−384 000	−477 000	−414 000
Earnings Before Tax	12 438 000	6 071 000	−2 643 000	−4 689 000
Tax	2 704 000	1 225 000	−582 000	−1 074 000
Net Income	9 734 000	4 846 000	−2 062 000	−3 614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 426 000	4 090 000	7 119 000	8 049 000
Total Current Assets	46 706 000	29 363 000	22 245 000	33 689 000
Total Assets	56 132 000	33 453 000	29 364 000	41 738 000
Total Retained Equity	12 365 000	2 631 000	−2 214 000	−153 000
Total Equity	17 395 000	7 661 000	2 816 000	4 877 000
Total Long-Term Debt	3 614 000	8 856 000	9 973 000	9 726 000
Total Current Debt	35 122 000	16 936 000	16 575 000	27 135 000
Total Equity and Debt	56 132 000	33 453 000	29 364 000	41 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 126 000	106 310 000	84 817 000	95 375 000
Other Income	2 840 000	2 455 000	18 000	2 000 000
Revenue	141 965 000	108 765 000	84 835 000	97 375 000
Cost of Goods Sold	60 967 000	53 581 000	43 502 000	54 632 000
Salary Costs	51 856 000	36 285 000	31 829 000	36 730 000
Depreciation	2 176 000	2 208 000	2 212 000	1 058 000
Impairment	0	0	0	0
Expenditure	129 229 000	102 312 000	87 002 000	101 649 000
Operating Profit	12 653 000	6 454 000	−2 166 000	−4 275 000
Financial Income	215 000	32 000	45 000	19 000
Financial Costs	430 000	416 000	522 000	433 000
Financial Balance	−215 000	−384 000	−477 000	−414 000
Dividends	0	0	0	0
Net Income	9 734 000	4 846 000	−2 062 000	−3 614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 376 000	2 366 000	4 802 000	5 485 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 749 000	1 623 000	2 217 000	2 465 000
Total Tangible Assets	7 749 000	1 623 000	2 217 000	2 465 000
Total Fiancial Fixed Assets	300 000	100 000	100 000	100 000
Total Fixed Assets	9 426 000	4 090 000	7 119 000	8 049 000
Stock	1 166 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 739 000	2 285 000	2 861 000	1 836 000
Total Current Assets	46 706 000	29 363 000	22 245 000	33 689 000
Total Assets	56 132 000	33 453 000	29 364 000	41 738 000
Total Equity	17 395 000	7 661 000	2 816 000	4 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 614 000	8 856 000	9 973 000	9 726 000
Creditors	14 569 000	8 943 000	7 209 000	16 524 000
Unpaid Taxes	4 075 000	2 626 000	3 467 000	2 945 000
Dividends	0	0	0	0
Other Current Debt	16 330 000	5 366 000	5 899 000	7 666 000
Total Current Debt	35 122 000	16 936 000	16 575 000	27 135 000
Total Equity and Debt	56 132 000	33 453 000	29 364 000	41 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,96 %	63,26 %	−73,22 %	−74,1 %
Debt-to-Equity Ratio	0,21	1,16	3,54	1,99
Operating Profit Margin	8,91 %	5,93 %	−2,55 %	−4,39 %
Current Ratio	1,33	1,73	1,34	1,24
Quick Ratio	1,38	1,73	1,34	1,24
Equity Ratio	0,31	0,23	0,1	0,12
Gross Profit Margin	57,05 %	50,74 %	48,72 %	43,9 %