SUBSEASCANNING AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−248,28 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	142 000	27 000	47 000
Net Income	−144 000	44 000	−38 000	−95 000
Total Assets	453 000	600 000	558 000	643 000
Total Equity	58 000	202 000	159 000	197 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	142 000	27 000	47 000
Expenditure	146 000	100 000	79 000	142 000
Operating Profit	−147 000	42 000	−52 000	−94 000
Financial Income	2 000	2 000	4 000	0
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	4 000	−1 000
Earnings Before Tax	−144 000	44 000	−49 000	−95 000
Tax	0	0	−11 000	0
Net Income	−144 000	44 000	−38 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	0	0	15 000
Total Current Assets	289 000	600 000	558 000	628 000
Total Assets	453 000	600 000	558 000	643 000
Total Retained Equity	28 000	172 000	129 000	167 000
Total Equity	58 000	202 000	159 000	197 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	394 000	397 000	399 000	446 000
Total Equity and Debt	453 000	600 000	558 000	643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	142 000	0	47 000
Other Income	0	0	27 000	0
Revenue	0	142 000	27 000	47 000
Cost of Goods Sold	33 000	30 000	18 000	82 000
Salary Costs	0	0	0	0
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	146 000	100 000	79 000	142 000
Operating Profit	−147 000	42 000	−52 000	−94 000
Financial Income	2 000	2 000	4 000	0
Financial Costs	0	0	0	1 000
Financial Balance	2 000	2 000	4 000	−1 000
Dividends	0	0	0	0
Net Income	−144 000	44 000	−38 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	163 000	0	0	0
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	15 000
Total Fixed Assets	163 000	0	0	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	275 000	577 000	541 000	621 000
Total Current Assets	289 000	600 000	558 000	628 000
Total Assets	453 000	600 000	558 000	643 000
Total Equity	58 000	202 000	159 000	197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−7 000	0	−9 000	6 000
Unpaid Taxes	0	0	−15 000	4 000
Dividends	0	0	0	0
Other Current Debt	402 000	397 000	423 000	436 000
Total Current Debt	394 000	397 000	399 000	446 000
Total Equity and Debt	453 000	600 000	558 000	643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−248,28 %	21,78 %	−23,9 %	−48,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	29,58 %	−192,59 %	−200 %
Current Ratio	0,73	1,51	1,4	1,41
Quick Ratio	0,73	1,51	1,4	1,41
Equity Ratio	0,13	0,34	0,28	0,31
Gross Profit Margin	-	78,87 %	33,33 %	−74,47 %