SUB HOLDING AS

4848 ARENDAL

Finances

Return on Equity

−51,73 %

Current Ratio

0,54

Debt-to-Equity Ratio

4,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 215 000	0	0	0
Net Income	−880 000	558 000	−317 000	−1 523 000
Total Assets	12 393 000	9 826 000	8 096 000	6 267 000
Total Equity	1 701 000	2 321 000	2 362 000	2 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 215 000	0	0	0
Expenditure	1 304 000	48 000	43 000	18 000
Operating Profit	−88 000	−48 000	−43 000	−18 000
Financial Income	788 000	1 197 000	1 604 000	300 000
Financial Costs	1 513 000	416 000	1 845 000	1 743 000
Financial Balance	−725 000	781 000	−241 000	−1 443 000
Earnings Before Tax	−813 000	733 000	−284 000	−1 461 000
Tax	68 000	175 000	33 000	62 000
Net Income	−880 000	558 000	−317 000	−1 523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 752 000	8 481 000	6 769 000	6 191 000
Total Current Assets	1 641 000	1 344 000	1 327 000	76 000
Total Assets	12 393 000	9 826 000	8 096 000	6 267 000
Total Retained Equity	−589 000	0	0	0
Total Equity	1 701 000	2 321 000	2 362 000	2 547 000
Total Long-Term Debt	7 668 000	6 581 000	4 837 000	3 602 000
Total Current Debt	3 025 000	924 000	896 000	118 000
Total Equity and Debt	12 393 000	9 826 000	8 096 000	6 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 215 000	0	0	0
Other Income	0	0	0	0
Revenue	1 215 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 055 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 304 000	48 000	43 000	18 000
Operating Profit	−88 000	−48 000	−43 000	−18 000
Financial Income	788 000	1 197 000	1 604 000	300 000
Financial Costs	1 513 000	416 000	1 845 000	1 743 000
Financial Balance	−725 000	781 000	−241 000	−1 443 000
Dividends	0	0	0	0
Net Income	−880 000	558 000	−317 000	−1 523 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	52 000	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	10 700 000	8 429 000	6 769 000	6 191 000
Total Fixed Assets	10 752 000	8 481 000	6 769 000	6 191 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 212 000	849 000	1 000	0
Total Current Assets	1 641 000	1 344 000	1 327 000	76 000
Total Assets	12 393 000	9 826 000	8 096 000	6 267 000
Total Equity	1 701 000	2 321 000	2 362 000	2 547 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 668 000	6 581 000	4 837 000	3 602 000
Creditors	1 000	2 000	0	0
Unpaid Taxes	114 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 910 000	923 000	896 000	118 000
Total Current Debt	3 025 000	924 000	896 000	118 000
Total Equity and Debt	12 393 000	9 826 000	8 096 000	6 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,73 %	24,04 %	−13,42 %	−59,8 %
Debt-to-Equity Ratio	4,51	2,84	2,05	1,41
Operating Profit Margin	−7,24 %	-	-	-
Current Ratio	0,54	1,45	1,48	0,64
Quick Ratio	0,54	1,45	1,48	0,64
Equity Ratio	0,14	0,24	0,29	0,41
Gross Profit Margin	100 %	-	-	-