BLUE SUBSEA AS

3616 KONGSBERG

Finances

Share Ownership

Return on Equity

336,81 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 930 000	1 760 000	2 715 000	1 712 000
Net Income	549 000	544 000	994 000	480 000
Total Assets	1 213 000	1 044 000	1 480 000	825 000
Total Equity	163 000	114 000	70 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 930 000	1 760 000	2 715 000	1 712 000
Expenditure	1 226 000	1 059 000	1 440 000	1 095 000
Operating Profit	704 000	700 000	1 275 000	616 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	1 000	−1 000	−1 000	−1 000
Earnings Before Tax	705 000	699 000	1 274 000	616 000
Tax	156 000	154 000	281 000	136 000
Net Income	549 000	544 000	994 000	480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	11 000	0
Total Current Assets	1 213 000	1 038 000	1 469 000	825 000
Total Assets	1 213 000	1 044 000	1 480 000	825 000
Total Retained Equity	133 000	84 000	40 000	40 000
Total Equity	163 000	114 000	70 000	70 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 050 000	930 000	1 410 000	755 000
Total Equity and Debt	1 213 000	1 044 000	1 480 000	825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 930 000	1 759 000	2 361 000	1 617 000
Other Income	0	1 000	354 000	95 000
Revenue	1 930 000	1 760 000	2 715 000	1 712 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 097 000	998 000	1 043 000	938 000
Depreciation	5 000	5 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 226 000	1 059 000	1 440 000	1 095 000
Operating Profit	704 000	700 000	1 275 000	616 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	1 000	−1 000	−1 000	−1 000
Dividends	500 000	500 000	994 000	440 000
Net Income	549 000	544 000	994 000	480 000

Balance details (NOK)	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	6 000	11 000	0
Total Tangible Assets	0	6 000	11 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	11 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 213 000	730 000	1 469 000	799 000
Total Current Assets	1 213 000	1 038 000	1 469 000	825 000
Total Assets	1 213 000	1 044 000	1 480 000	825 000
Total Equity	163 000	114 000	70 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	4 000	0	4 000
Unpaid Taxes	259 000	205 000	65 000	109 000
Dividends	500 000	500 000	994 000	440 000
Other Current Debt	130 000	66 000	71 000	67 000
Total Current Debt	1 050 000	930 000	1 410 000	755 000
Total Equity and Debt	1 213 000	1 044 000	1 480 000	825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	336,81 %	477,19 %	1 420 %	685,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,48 %	39,77 %	46,96 %	35,98 %
Current Ratio	1,16	1,12	1,04	1,09
Quick Ratio	1,16	1,12	1,04	1,09
Equity Ratio	0,13	0,11	0,05	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %