AVIUM SUBSEA AS

0277 OSLO

Finances

Share Ownership

Return on Equity

56,68 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0,93

Key figures (USD)	2022	2021	2020	2019
Revenue	1 384 000	60 000	9 297 000	30 262 000
Net Income	−17 867 000	−27 485 000	−33 990 000	7 218 000
Total Assets	109 056 000	109 639 000	130 927 000	161 147 000
Total Equity	−31 520 000	−13 653 000	13 832 000	47 822 000

Income (USD)	2022	2021	2020	2019
Revenue	1 384 000	60 000	9 297 000	30 262 000
Expenditure	7 465 000	17 957 000	33 831 000	12 486 000
Operating Profit	−6 081 000	−17 897 000	−24 534 000	17 776 000
Financial Income	72 000	17 000	62 000	60 000
Financial Costs	11 857 000	9 603 000	9 518 000	10 618 000
Financial Balance	−11 785 000	−9 586 000	−9 456 000	−10 558 000
Earnings Before Tax	−17 865 000	−27 483 000	−33 990 000	7 218 000
Tax	2 000	2 000	0	0
Net Income	−17 867 000	−27 485 000	−33 990 000	7 218 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	102 982 000	103 074 000	120 671 000	155 466 000
Total Current Assets	6 074 000	6 565 000	10 256 000	5 682 000
Total Assets	109 056 000	109 639 000	130 927 000	161 147 000
Total Retained Equity	−59 120 000	−41 253 000	−13 768 000	20 222 000
Total Equity	−31 520 000	−13 653 000	13 832 000	47 822 000
Total Long-Term Debt	29 250 000	29 250 000	29 250 000	29 250 000
Total Current Debt	111 326 000	94 042 000	87 845 000	84 075 000
Total Equity and Debt	109 056 000	109 639 000	130 927 000	161 147 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	1 384 000	60 000	9 297 000	30 262 000
Other Income	0	0	0	0
Revenue	1 384 000	60 000	9 297 000	30 262 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 590 000	17 597 000	33 437 000	11 711 000
Impairment	0	0	0	0
Expenditure	7 465 000	17 957 000	33 831 000	12 486 000
Operating Profit	−6 081 000	−17 897 000	−24 534 000	17 776 000
Financial Income	72 000	17 000	62 000	60 000
Financial Costs	11 857 000	9 603 000	9 518 000	10 618 000
Financial Balance	−11 785 000	−9 586 000	−9 456 000	−10 558 000
Dividends	0	0	0	0
Net Income	−17 867 000	−27 485 000	−33 990 000	7 218 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	102 982 000	103 074 000	120 671 000	155 466 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	102 982 000	103 074 000	120 671 000	155 466 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 735 000	5 052 000	8 843 000	5 598 000
Total Current Assets	6 074 000	6 565 000	10 256 000	5 682 000
Total Assets	109 056 000	109 639 000	130 927 000	161 147 000
Total Equity	−31 520 000	−13 653 000	13 832 000	47 822 000
Short-Term Group Debt	9 074 000	0	0	30 000
Total Long-Term Debt	29 250 000	29 250 000	29 250 000	29 250 000
Creditors	7 000	0	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 242 000	341 000	378 000	2 651 000
Total Current Debt	111 326 000	94 042 000	87 845 000	84 075 000
Total Equity and Debt	109 056 000	109 639 000	130 927 000	161 147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,68 %	201,31 %	−245,73 %	15,09 %
Debt-to-Equity Ratio	−0,93	−2,14	2,11	0,61
Operating Profit Margin	−439,38 %	−29 828,33 %	−263,89 %	58,74 %
Current Ratio	0,05	0,07	0,12	0,07
Quick Ratio	0,05	0,07	0,12	0,07
Equity Ratio	−0,29	−0,12	0,11	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %