SUBSONIC SOCIETY AUDIO AS

8186 TJONGSFJORDEN

Finances

Share Ownership

Return on Equity

−57,12 %

Current Ratio

44,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 000	125 000	157 000	41 000
Net Income	−329 000	−230 000	15 000	−52 000
Total Assets	584 000	485 000	628 000	656 000
Total Equity	576 000	305 000	−161 000	−48 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 000	125 000	157 000	41 000
Expenditure	450 000	355 000	143 000	108 000
Operating Profit	−328 000	−230 000	15 000	−67 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−329 000	−230 000	15 000	−67 000
Tax	0	0	0	−15 000
Net Income	−329 000	−230 000	15 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	225 000	225 000	353 000
Total Current Assets	359 000	260 000	403 000	303 000
Total Assets	584 000	485 000	628 000	656 000
Total Retained Equity	−430 000	−101 000	−566 000	−453 000
Total Equity	576 000	305 000	−161 000	−48 000
Total Long-Term Debt	0	0	696 000	684 000
Total Current Debt	8 000	181 000	93 000	19 000
Total Equity and Debt	584 000	485 000	628 000	656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	70 000	157 000	41 000
Other Income	121 000	55 000	0	0
Revenue	121 000	125 000	157 000	41 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	450 000	355 000	143 000	108 000
Operating Profit	−328 000	−230 000	15 000	−67 000
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	−329 000	−230 000	15 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	225 000	225 000	225 000	353 000
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	225 000	225 000	225 000	353 000
Stock	61 000	61 000	61 000	61 000
Total Investments	0	0	0	0
Cash, Bank	285 000	114 000	129 000	0
Total Current Assets	359 000	260 000	403 000	303 000
Total Assets	584 000	485 000	628 000	656 000
Total Equity	576 000	305 000	−161 000	−48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	696 000	684 000
Creditors	0	52 000	91 000	19 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	129 000	2 000	0
Total Current Debt	8 000	181 000	93 000	19 000
Total Equity and Debt	584 000	485 000	628 000	656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,12 %	−75,41 %	−9,32 %	108,33 %
Debt-to-Equity Ratio	0	0	−4,32	−14,25
Operating Profit Margin	−271,07 %	−184 %	9,55 %	−163,41 %
Current Ratio	44,88	1,44	4,33	15,95
Quick Ratio	−6,77	2,17	12,59	−7,21
Equity Ratio	0,99	0,63	−0,26	−0,07
Gross Profit Margin	100 %	100 %	99,36 %	100 %