SUBTECH ENGINEERING AS

3187 HORTEN

Finances

Share Ownership

Return on Equity

4 213,33 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 825 000	3 820 000	3 020 000	99 000
Net Income	1 264 000	2 032 000	1 567 000	79 000
Total Assets	1 979 000	3 145 000	2 365 000	142 000
Total Equity	30 000	69 000	37 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 825 000	3 820 000	3 020 000	99 000
Expenditure	1 201 000	1 212 000	1 012 000	20 000
Operating Profit	1 624 000	2 609 000	2 009 000	79 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Earnings Before Tax	1 622 000	2 607 000	2 009 000	79 000
Tax	358 000	575 000	442 000	0
Net Income	1 264 000	2 032 000	1 567 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 979 000	3 145 000	2 365 000	142 000
Total Assets	1 979 000	3 145 000	2 365 000	142 000
Total Retained Equity	6 000	44 000	12 000	49 000
Total Equity	30 000	69 000	37 000	74 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 949 000	3 076 000	2 328 000	69 000
Total Equity and Debt	1 979 000	3 145 000	2 365 000	142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 825 000	3 820 000	3 020 000	99 000
Other Income	0	0	0	0
Revenue	2 825 000	3 820 000	3 020 000	99 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 004 000	1 019 000	687 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 201 000	1 212 000	1 012 000	20 000
Operating Profit	1 624 000	2 609 000	2 009 000	79 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	0
Financial Balance	−1 000	−2 000	0	0
Dividends	1 303 000	2 000 000	1 604 000	0
Net Income	1 264 000	2 032 000	1 567 000	79 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 444 000	2 215 000	1 498 000	13 000
Total Current Assets	1 979 000	3 145 000	2 365 000	142 000
Total Assets	1 979 000	3 145 000	2 365 000	142 000
Total Equity	30 000	69 000	37 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	11 000	4 000	2 000
Unpaid Taxes	184 000	372 000	214 000	22 000
Dividends	1 303 000	2 000 000	1 604 000	0
Other Current Debt	102 000	118 000	65 000	45 000
Total Current Debt	1 949 000	3 076 000	2 328 000	69 000
Total Equity and Debt	1 979 000	3 145 000	2 365 000	142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4 213,33 %	2 944,93 %	4 235,14 %	106,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,49 %	68,3 %	66,52 %	79,8 %
Current Ratio	1,02	1,02	1,02	2,06
Quick Ratio	1,02	1,02	1,02	2,06
Equity Ratio	0,02	0,02	0,02	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %