SUB 5 AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

22,68 %

Current Ratio

0,27

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020
Revenue	5 496 000	3 867 000	0
Net Income	−122 000	−399 000	−47 000
Total Assets	1 210 000	1 407 000	1 317 000
Total Equity	−538 000	−416 000	−17 000

Income (NOK)	2022	2021	2020
Revenue	5 496 000	3 867 000	0
Expenditure	3 754 000	2 970 000	48 000
Operating Profit	−97 000	−449 000	−48 000
Financial Income	0	0	0
Financial Costs	59 000	63 000	12 000
Financial Balance	−59 000	−63 000	−12 000
Earnings Before Tax	−156 000	−511 000	−61 000
Tax	−34 000	−112 000	−13 000
Net Income	−122 000	−399 000	−47 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 023 000	1 252 000	1 166 000
Total Current Assets	187 000	155 000	151 000
Total Assets	1 210 000	1 407 000	1 317 000
Total Retained Equity	−568 000	−446 000	−47 000
Total Equity	−538 000	−416 000	−17 000
Total Long-Term Debt	1 050 000	1 200 000	1 250 000
Total Current Debt	698 000	623 000	84 000
Total Equity and Debt	1 210 000	1 407 000	1 317 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 496 000	3 867 000	0
Other Income	0	0	0
Revenue	5 496 000	3 867 000	0
Cost of Goods Sold	0	0	0
Salary Costs	1 569 000	1 322 000	0
Depreciation	264 000	198 000	0
Impairment	0	0	0
Expenditure	3 754 000	2 970 000	48 000
Operating Profit	−97 000	−449 000	−48 000
Financial Income	0	0	0
Financial Costs	59 000	63 000	12 000
Financial Balance	−59 000	−63 000	−12 000
Dividends	0	0	0
Net Income	−122 000	−399 000	−47 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	160 000	126 000	13 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	862 000	1 126 000	1 153 000
Total Tangible Assets	862 000	1 126 000	1 153 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 023 000	1 252 000	1 166 000
Stock	71 000	69 000	0
Total Investments	0	0	0
Cash, Bank	68 000	53 000	3 000
Total Current Assets	187 000	155 000	151 000
Total Assets	1 210 000	1 407 000	1 317 000
Total Equity	−538 000	−416 000	−17 000
Short-Term Group Debt	0	0	5 000
Total Long-Term Debt	1 050 000	1 200 000	1 250 000
Creditors	333 000	272 000	79 000
Unpaid Taxes	141 000	137 000	0
Dividends	0	0	0
Other Current Debt	224 000	215 000	0
Total Current Debt	698 000	623 000	84 000
Total Equity and Debt	1 210 000	1 407 000	1 317 000

Financial indicators	2022	2021	2020
Return on Equity	22,68 %	95,91 %	276,47 %
Debt-to-Equity Ratio	−1,95	−2,88	−73,53
Operating Profit Margin	−1,76 %	−11,61 %	-
Current Ratio	0,27	0,25	1,8
Quick Ratio	0,3	0,28	1,8
Equity Ratio	−0,44	−0,3	−0,01
Gross Profit Margin	100 %	100 %	-