SUBMET ENTREPRENØR AS

0667 OSLO

Finances

Share Ownership

Return on Equity

89,23 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 487 000	31 522 000	32 167 000	2 559 000
Net Income	4 224 000	−1 526 000	1 528 000	852 000
Total Assets	25 686 000	10 533 000	10 915 000	1 880 000
Total Equity	4 734 000	510 000	2 036 000	867 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 487 000	31 522 000	32 167 000	2 559 000
Expenditure	71 035 000	33 417 000	30 205 000	1 467 000
Operating Profit	5 451 000	−1 895 000	1 962 000	1 092 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	64 000	6 000	4 000
Financial Balance	−2 000	−64 000	−6 000	−4 000
Earnings Before Tax	5 449 000	−1 958 000	1 956 000	1 088 000
Tax	1 225 000	−432 000	429 000	236 000
Net Income	4 224 000	−1 526 000	1 528 000	852 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 011 000	908 000	204 000	3 000
Total Current Assets	24 676 000	9 626 000	10 711 000	1 877 000
Total Assets	25 686 000	10 533 000	10 915 000	1 880 000
Total Retained Equity	4 704 000	480 000	2 006 000	837 000
Total Equity	4 734 000	510 000	2 036 000	867 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 952 000	10 023 000	8 879 000	1 014 000
Total Equity and Debt	25 686 000	10 533 000	10 915 000	1 880 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 487 000	31 522 000	32 339 000	2 086 000
Other Income	0	0	−172 000	473 000
Revenue	76 487 000	31 522 000	32 167 000	2 559 000
Cost of Goods Sold	20 000	1 000	38 000	0
Salary Costs	57 567 000	25 725 000	24 387 000	1 537 000
Depreciation	20 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	71 035 000	33 417 000	30 205 000	1 467 000
Operating Profit	5 451 000	−1 895 000	1 962 000	1 092 000
Financial Income	2 000	0	0	0
Financial Costs	4 000	64 000	6 000	4 000
Financial Balance	−2 000	−64 000	−6 000	−4 000
Dividends	0	0	0	0
Net Income	4 224 000	−1 526 000	1 528 000	852 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	432 000	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	43 000	0	0
Total Tangible Assets	81 000	43 000	0	0
Total Fiancial Fixed Assets	929 000	432 000	204 000	0
Total Fixed Assets	1 011 000	908 000	204 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 779 000	1 899 000	3 955 000	464 000
Total Current Assets	24 676 000	9 626 000	10 711 000	1 877 000
Total Assets	25 686 000	10 533 000	10 915 000	1 880 000
Total Equity	4 734 000	510 000	2 036 000	867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 509 000	1 977 000	1 062 000	5 000
Unpaid Taxes	8 342 000	3 492 000	3 369 000	476 000
Dividends	0	0	0	0
Other Current Debt	9 308 000	4 554 000	4 020 000	293 000
Total Current Debt	20 952 000	10 023 000	8 879 000	1 014 000
Total Equity and Debt	25 686 000	10 533 000	10 915 000	1 880 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,23 %	−299,22 %	75,05 %	98,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,13 %	−6,01 %	6,1 %	42,67 %
Current Ratio	1,18	0,96	1,21	1,85
Quick Ratio	1,18	0,96	1,21	1,85
Equity Ratio	0,18	0,05	0,19	0,46
Gross Profit Margin	99,97 %	100 %	99,88 %	100 %