SUBSEA 7 NORWAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

39,62 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 739 383 000	4 706 339 000	4 706 341 000	5 199 631 000
Net Income	477 032 000	−192 414 000	−121 719 000	65 979 000
Total Assets	3 685 738 000	3 287 193 000	1 930 656 000	2 049 694 000
Total Equity	1 203 980 000	71 349 000	264 685 000	306 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 739 383 000	4 706 339 000	4 706 341 000	5 199 631 000
Expenditure	8 143 654 000	4 956 660 000	4 785 288 000	5 192 993 000
Operating Profit	595 729 000	−250 321 000	−78 946 000	6 638 000
Financial Income	564 644 000	257 689 000	236 054 000	188 459 000
Financial Costs	591 008 000	264 859 000	310 336 000	138 727 000
Financial Balance	−26 364 000	−7 170 000	−74 282 000	49 732 000
Earnings Before Tax	569 365 000	−257 490 000	−153 228 000	56 370 000
Tax	92 333 000	−65 077 000	−31 509 000	−9 608 000
Net Income	477 032 000	−192 414 000	−121 719 000	65 979 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	766 998 000	1 023 912 000	1 122 863 000	628 333 000
Total Current Assets	2 918 740 000	2 263 281 000	807 793 000	1 421 361 000
Total Assets	3 685 738 000	3 287 193 000	1 930 656 000	2 049 694 000
Total Retained Equity	120 434 000	−360 854 000	−165 765 000	4 496 000
Total Equity	1 203 980 000	71 349 000	264 685 000	306 302 000
Total Long-Term Debt	309 341 000	470 440 000	562 153 000	111 372 000
Total Current Debt	2 172 417 000	2 745 403 000	1 103 818 000	1 632 020 000
Total Equity and Debt	3 685 738 000	3 287 193 000	1 930 656 000	2 049 694 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 738 692 000	4 706 033 000	4 705 708 000	5 198 710 000
Other Income	692 000	306 000	633 000	921 000
Revenue	8 739 383 000	4 706 339 000	4 706 341 000	5 199 631 000
Cost of Goods Sold	5 327 653 000	2 113 820 000	1 655 593 000	1 593 381 000
Salary Costs	611 479 000	553 016 000	565 852 000	579 569 000
Depreciation	165 488 000	160 194 000	170 019 000	43 142 000
Impairment	0	0	0	0
Expenditure	8 143 654 000	4 956 660 000	4 785 288 000	5 192 993 000
Operating Profit	595 729 000	−250 321 000	−78 946 000	6 638 000
Financial Income	564 644 000	257 689 000	236 054 000	188 459 000
Financial Costs	591 008 000	264 859 000	310 336 000	138 727 000
Financial Balance	−26 364 000	−7 170 000	−74 282 000	49 732 000
Dividends	0	0	0	0
Net Income	477 032 000	−192 414 000	−121 719 000	65 979 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	124 420 000	67 779 000	56 430 000
Real Eastate	348 096 000	382 832 000	422 341 000	454 369 000
Machinery and Plant Facilities	101 900 000	111 507 000	121 976 000	66 515 000
Fixtures	22 142 000	7 690 000	7 196 000	25 790 000
Total Tangible Assets	766 998 000	899 330 000	1 048 140 000	546 674 000
Total Fiancial Fixed Assets	0	162 000	6 944 000	25 229 000
Total Fixed Assets	766 998 000	1 023 912 000	1 122 863 000	628 333 000
Stock	1 934 000	2 616 000	2 698 000	5 267 000
Total Investments	0	3 732 000	15 001 000	22 399 000
Cash, Bank	0	0	0	0
Total Current Assets	2 918 740 000	2 263 281 000	807 793 000	1 421 361 000
Total Assets	3 685 738 000	3 287 193 000	1 930 656 000	2 049 694 000
Total Equity	1 203 980 000	71 349 000	264 685 000	306 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	309 341 000	470 440 000	562 153 000	111 372 000
Creditors	397 174 000	261 077 000	310 566 000	635 879 000
Unpaid Taxes	90 570 000	74 801 000	65 504 000	57 668 000
Dividends	0	0	0	0
Other Current Debt	1 684 672 000	2 409 525 000	727 748 000	938 472 000
Total Current Debt	2 172 417 000	2 745 403 000	1 103 818 000	1 632 020 000
Total Equity and Debt	3 685 738 000	3 287 193 000	1 930 656 000	2 049 694 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,62 %	−269,68 %	−45,99 %	21,54 %
Debt-to-Equity Ratio	0,26	6,59	2,12	0,36
Operating Profit Margin	6,82 %	−5,32 %	−1,68 %	0,13 %
Current Ratio	1,34	0,82	0,73	0,87
Quick Ratio	1,34	0,83	0,73	0,87
Equity Ratio	0,33	0,02	0,14	0,15
Gross Profit Margin	39,04 %	55,09 %	64,82 %	69,36 %