SUBSTEREO HOLDING AS

4011 STAVANGER

Finances

Return on Equity

13,46 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	143 000	127 000	69 000	45 000
Net Income	63 000	206 000	8 000	−13 000
Total Assets	539 000	456 000	215 000	199 000
Total Equity	468 000	406 000	199 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	143 000	127 000	69 000	45 000
Expenditure	64 000	55 000	67 000	52 000
Operating Profit	78 000	71 000	2 000	−7 000
Financial Income	2 000	150 000	0	0
Financial Costs	0	0	−6 000	6 000
Financial Balance	2 000	150 000	6 000	−6 000
Earnings Before Tax	80 000	221 000	8 000	−13 000
Tax	18 000	14 000	0	0
Net Income	63 000	206 000	8 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	400 000	263 000	203 000	186 000
Total Current Assets	139 000	193 000	12 000	13 000
Total Assets	539 000	456 000	215 000	199 000
Total Retained Equity	438 000	376 000	169 000	162 000
Total Equity	468 000	406 000	199 000	192 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	70 000	48 000	15 000	7 000
Total Equity and Debt	539 000	456 000	215 000	199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	143 000	127 000	69 000	45 000
Other Income	0	0	0	0
Revenue	143 000	127 000	69 000	45 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	0	0	2 000	1 000
Depreciation	43 000	23 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	64 000	55 000	67 000	52 000
Operating Profit	78 000	71 000	2 000	−7 000
Financial Income	2 000	150 000	0	0
Financial Costs	0	0	−6 000	6 000
Financial Balance	2 000	150 000	6 000	−6 000
Dividends	0	0	0	0
Net Income	63 000	206 000	8 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	84 000	24 000	11 000
Total Tangible Assets	59 000	84 000	24 000	11 000
Total Fiancial Fixed Assets	338 000	178 000	178 000	174 000
Total Fixed Assets	400 000	263 000	203 000	186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	192 000	0	8 000
Total Current Assets	139 000	193 000	12 000	13 000
Total Assets	539 000	456 000	215 000	199 000
Total Equity	468 000	406 000	199 000	192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	1 000	0	0	7 000
Unpaid Taxes	27 000	12 000	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	24 000	15 000	0
Total Current Debt	70 000	48 000	15 000	7 000
Total Equity and Debt	539 000	456 000	215 000	199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,46 %	50,74 %	4,02 %	−6,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,55 %	55,91 %	2,9 %	−15,56 %
Current Ratio	1,99	4,02	0,8	1,86
Quick Ratio	1,99	4,02	0,8	1,86
Equity Ratio	0,87	0,89	0,93	0,96
Gross Profit Margin	100 %	99,21 %	100 %	100 %