NEWTON SUBSEA LTD

PTA 9041 PIETA

Finances

Share Ownership

Return on Equity

50,14 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	18 974 000	4 347 000	7 495 000
Net Income	173 000	19 000	116 000
Total Assets	3 209 000	484 000	1 131 000
Total Equity	345 000	184 000	7 000

Income (NOK)	2021	2020	2019
Revenue	18 974 000	4 347 000	7 495 000
Expenditure	18 848 000	4 303 000	7 326 000
Operating Profit	126 000	43 000	169 000
Financial Income	115 000	0	9 000
Financial Costs	19 000	19 000	4 000
Financial Balance	96 000	−19 000	5 000
Earnings Before Tax	222 000	24 000	174 000
Tax	49 000	5 000	58 000
Net Income	173 000	19 000	116 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	0	0	0
Total Current Assets	3 209 000	484 000	1 131 000
Total Assets	3 209 000	484 000	1 131 000
Total Retained Equity	345 000	184 000	5 000
Total Equity	345 000	184 000	7 000
Total Long-Term Debt	0	0	221 000
Total Current Debt	2 864 000	300 000	904 000
Total Equity and Debt	3 209 000	484 000	1 131 000

Cash flow (NOK)	2021	2020	2019
Sales Income	18 974 000	4 347 000	7 495 000
Other Income	0	0	0
Revenue	18 974 000	4 347 000	7 495 000
Cost of Goods Sold	17 082 000	4 019 000	0
Salary Costs	1 484 000	189 000	7 301 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	18 848 000	4 303 000	7 326 000
Operating Profit	126 000	43 000	169 000
Financial Income	115 000	0	9 000
Financial Costs	19 000	19 000	4 000
Financial Balance	96 000	−19 000	5 000
Dividends	0	0	120 000
Net Income	173 000	19 000	116 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	16 000
Total Current Assets	3 209 000	484 000	1 131 000
Total Assets	3 209 000	484 000	1 131 000
Total Equity	345 000	184 000	7 000
Short-Term Group Debt	0	0	839 000
Total Long-Term Debt	0	0	221 000
Creditors	0	0	0
Unpaid Taxes	1 712 000	193 000	0
Dividends	0	0	120 000
Other Current Debt	1 098 000	102 000	0
Total Current Debt	2 864 000	300 000	904 000
Total Equity and Debt	3 209 000	484 000	1 131 000

Financial indicators	2021	2020	2019
Return on Equity	50,14 %	10,33 %	1 657,14 %
Debt-to-Equity Ratio	0	0	31,57
Operating Profit Margin	0,66 %	0,99 %	2,25 %
Current Ratio	1,12	1,61	1,25
Quick Ratio	1,12	1,61	1,25
Equity Ratio	0,11	0,38	0,01
Gross Profit Margin	9,97 %	7,55 %	100 %

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